News

This week, major New York City-based crypto exchange Gemini obtained insurance coverage from a consortium of leading insurance providers led by Aon, a multi-billion dollar insurance giant based in London. Yusuf Hussain, Gemini’s Head of Risk, emphasized the importance of providing sufficient consumer protection to assure that investors on the platform can freely trade cryptocurrencies […]

The thousands of people trying to get out of Venezuela will soon have another hurdle in their path: the inability to buy a passport without enough of the country’s new cryptocurrency Petro. Thousands Trying to Leave The economic crisis that led to the Petro’s creation has caused an estimated 5,000 people per day to leave […]

Fraudsters posing as debt collectors convinced four victims to deposit over $50,000 into a Bitcoin ATM in Australia’s southern county of Victoria, reported Sydney Morning Herald on Oct.5. Police authorities stated that all victims were migrants and were bullied into paying up a hefty amount into the ATM, with the attackers warning of severe legal […]

U.S. Ivy League school Yale University has allocated money from their sizable endowment to invest in digital asset investment fund Paradigm, Bloomberg reports. An Ivy League Endorsement Paradigm was started by Fred Ehrsam, co-founder of Coinbase, along with Mark Huang of Sequoia Capital and Charles Noyes, formerly of Pantera Capital. According to reports, the fund […]

A U.S. Justice Department indictment against seven Russian officers on Oct. 5, 2018, revealed the country allegedly used Bitcoin to fund illegal interests in the States, reported MarketWatch. As per the indictment, several shell companies and individuals in the U.S. were hacked by from December 2014 to May 2018 for promoting Russian “strategic interests,” particularly […]

On Saturday, Oct. 13, the University of Washington (UW) will host its first-ever UW Blockchain Expo, hosted by the college’s Blockchain Society. The conference offers a variety of incentives for people, and students, in particular, to attend the event. Even if you have no prior knowledge of blockchain, there will be plenty of resources on […]

U.S. index fund company Bitwise Asset Management added Ric Edelman, a financial advisor, and best-selling author, to its advisory team on Oct. 3, as per a press release. San Francisco-based Bitwise was among the first investment funds to offer exposure to cryptocurrency indices via a weighted portfolio. The asset manager chooses ten cryptocurrencies each month […]

Decentralized market intelligence platform Numerai announced the launch of Erasure, a crypto-based data gathering, and stock price prediction marketplace. With Erasure referred to as the “tinder for markets” by Bloomberg, it has begun attracting more attention within the crypto community. Today, NMR becomes the token for *the entire hedge fund industry*. Introducing Erasure, a protocol for […]

Forever the cause of feverous speculation, the institutional opinion of Bitcoin seems to stand as the yardstick for price projection. For all of Wall Street’s supposed secrecy, however, a survey finds the prospective market-makers to be more bullish than their retail counterparts. According to a newly published report by Fundstrat, a Wall Street research boutique, […]

The growth of freelancing and the gig economy is changing the workforce. According to Upwork, more workers are opting to work as contractors and freelancers as opposed to full-time employees. It is estimated that 36 percent of the US workforce is engaged as freelancers and within ten years, more than half of the workforce is expected to […]