News

While the Japanese cryptocurrency exchange Zaif faces backlash following a Sept. 14 hack, the NEM.io Foundation, known for the NEM blockchain platform and XEM token, has reassured its asset holders that it remains unaffected. Nem Suspends Zaif Withdrawals During the hack, holdings in Bitcoin (BTC), Bitcoin Cash (BCH) and MonaCoin (MONA) were subject to stolen funds. […]

Charlie Lee, inventor and founder of Litecoin (LTC), took to Twitter earlier this week to debunk some of the FUD (fear, uncertainty and doubt) he’s seen swirling around LTC, himself and his company in a string of 11 tweets breaking down some of the most common negative rumors in the crypto verse. Lee Defends LTC […]

For the first time since December 2017, XRP, the native cryptocurrency of Ripple, overtook Ethereum on Sept. 21. However, the so-called “flippening” for XRP did not last long, as Ethereum (ETH) recorded a 17 percent increase in price and added $3 billion to its market cap. Ripple just flippened Ethereum for the first time since […]

Changpeng “CZ” Zhao quietly offered a utopian forecast for the cryptocurrency industry and his ubiquitous cryptocurrency exchange, Binance–which he revealed is becoming increasingly institutionally oriented and will launch five to 10 fiat-to-crypto operations in nearly every continent. Speaking at Consensus Singapore, the Binance chief whip suggested that the regulatory breakthroughs seen last week have now […]

In a recent, exclusive interview with The Street, billionaire investor Tim Draper stated that he stands by his $250,000 Bitcoin price target by 2022. While the price of Bitcoin has declined by more than 65 percent since late 2017, the holdings of early Bitcoin investors remain relatively high against the U.S. dollar. Draper, who invested […]

Earlier this week, the New York Attorney General’s office released a report on the state of the cryptocurrency marketplace in the state, called the New York Virtual Markets Integrity Report. The report took a look at how several cryptocurrency trading platforms operated and what measures they had in place to protect consumers’ investments. ‘These Platforms […]

The regulated future of blockchain-based crowdfunding is just around the corner, with regulators now taking a hands-on approach to the oversight of initial coin offerings (ICOs). Regulatory interest in ICOs, as well as the recent establishment of legal precedents that define ICOs as securities under U.S. law, have catalyzed a dramatic surge in the amount […]

On Sept. 18, Visa, Mastercard and three major banks paid $6.2 billion in an antitrust settlement for forcing merchants to pay swipe fees and preventing them from utilizing other methods of payment. Experts believe increasing cases of malpractice in the traditional finance sector will lead merchants to cryptocurrencies. According to Reuters, the $6.2 billion fine […]

As the cryptocurrency market matures, a number of exchanges have begun to offer crypto derivatives contracts. To margin trade on these platforms, users are forced to trust their crypto capital on centralized exchange wallets. A new open-source platform leveraging dYdX protocol, however, has launched the first truly trustless method of creating short and leveraged positions […]

Augur, an open source oracle and prediction market protocol built on the Ethereum blockchain, has seen a serious dip in users since it first launched in July, according to data from DappRadar. A chart on the site’s dedicated Augur page–which tracks tweets, the amount of Ethereum being traded on the app and the number of […]