News

SFOX, a San Francisco-based cryptocurrency prime broker, has successfully closed a $22.7 million funding round to build an institutional-grade asset management platform for the industry’s largest investors. As the former head of growth and business development at Airbnb, SFOX CEO Akbar Thobhani would appear to have struck a chord with some of the most influential […]

Binance will add another stamp to its passport book, having joined forces with Liechtenstein Cryptoassets Exchange (LCX) to build a new fiat-to-cryptocurrency exchange in the European nation. The new Liechtenstein-based exchange, dubbed Binance LCX, will support trading between the euro, Swiss franc and “major” cryptocurrency pairs, according to a press release. Binance, which operates the world’s second-largest […]

Ripple has signed on three new exchange partners–Bittrex, Bitso and Coins.ph–to carry the xRapid digital asset in their respective regions. Dig this: As of right now @BittrexExchange, @Bitso and @coinsph are now official partners for xRapid transactions using #XRP. What does it mean? ?https://t.co/BIVhkpgCM2 — Cory Johnson (@CoryTV) August 16, 2018 Bittrex, Bitso and Coins.ph According to Ripple, […]

The cryptocurrency situation in Venezuela received a push on Tuesday, Aug. 14, after President Nicolás Maduro announced that the state-issued Petro token is legally a unit-of-account in the crisis-stricken country, ABC International reports. Maduro’s Giant Cryptocurrency Experiment Launched in February 2018, the oil-backed cryptocurrency Petro was developed by the Venezuelan government to evade U.S. and European […]

After its successful ICO (raising $13.5 mln USD in 10 days) in April 2018, the blockchain for enterprise enabler Unibright is now teaming up with out-of-the-box projects in the field of blockchain. The German-based company aiming to provide smart contracts to mainstream usage and NEM, an enterprise-grade blockchain platform, start a strategic partnership by adding […]

While cryptocurrency scams and lawsuits are usually based on “exit-scams” and outright frauds, Michael Terpin, a U.S.-based cryptocurrency investor, has filed a mammoth $224 million lawsuit against his telecom operator, citing the theft of digital tokens. AT&T’s Identity Gamble As reported by Reuters, Aug. 15, Terpin is holding telecommunications giant AT&T liable for gross negligence […]

With emerging regulations coming into place, institutional solutions to cryptocurrency investing are on the rise. Launched Aug. 15, U.S. investors are now able to invest in a fully-regulated Bitcoin ETN. Big Win for Bitcoin, Crypto Crowds Wall Street XBT Provider AB has released an exchange-traded note (ETN), called Bitcoin Tracker One, to U.S. investors, reports […]

Japanese messaging giant Line appears to be diving deeper into the world of cryptocurrency following its launch of a $10 million token venture fund. Line’s Third Foray into Crypto Tokyo-based Line has now become one of the first publicly traded companies to launch its own cryptocurrency investment fund, according to a press release. The news comes just […]

A German university released a cryptocurrency mining-centric report, Aug. 14, noting a rise in revenue generated by illegal mining software, despite the fall in “cryptojacking.” Coinhive Faces the Heat Again As reported by Digital Trends, RWTH University in Aachen, Germany, has presented a detailed account of the infamous, browser-based miner Coinhive being used to produce over $250,000 […]

A StellarX co-founder has released a new research project that describes why ICOs shouldn’t be held on the Ethereum network. While we finish up StellarX, we wanted to share a research project on Ethereum we did earlier in the year. We ran our own at-scale load tests, and got scary results. https://t.co/oNPKuZ2b24 pic.twitter.com/J0s32ioSHs — StellarX […]