Category: N-Featured
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Hong Kong Crypto Exchange Coinsuper Shifts Focus to Institutional Investors
Hong Kong-based cryptocurrency exchange Coinsuper is reportedly shifting its focus from retail traders to institutional investors. This is the latest example of how regulations and trading volumes moving to OTC platforms are impacting the business strategies of crypto exchanges. Also Read: University of Michigan Endowment Backs Crypto Venture Capital Fund Coinsuper Exchange Pivots Focus Coinsuper,…
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One Man’s Quest to Make Buenos Aires a Bitcoin City
A 19-year-old information engineering student in Buenos Aires, Argentina, has started a grassroots campaign to educate local businesses about accepting bitcoin as a payment method. First introduced to the cryptocurrency when he was 13, Leo is intent on seeing the vision of bitcoin becoming a mainstream transactional currency realized, and believes that homegrown actions as…
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In the Daily: Huobi AML Measures, New OTC Desk, Bank Card Deposits
In The Daily this Monday, we feature several developments cryptocurrency traders may want to know more about. The Korean subsidiary of global digital asset exchange Huobi is enhancing its anti-money laundering measures and a new over-the-counter trading desk will offer services to crypto investors. Also, Liquid and Simplex are now working together to provide customers…
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Unusual Goods You Can Purchase on the Darknet With Cryptocurrency
Darknet marketplaces (DNMs) are a repository for the weird and the wonderful. Whatever your vice, your potion, or your whimsy, odds are there’s a darknet vendor who’s selling it in exchange for cryptocurrency. Unlike the closely regulated clearnet, the darknet remains a largely lawless frontier, where everything has its price and anything can be acquired…
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Mt. Gox CEO Claims the Coinlab and Brock Pierce Deals Never Materialized
On Feb. 19, the former CEO of Mt. Gox, Mark Karpeles, gave an interview on the Youtube show “What Bitcoin Did”. In episode 76, Karpeles discussed the platform’s insolvency, Coinlab’s monstrous claim for $16 billion, and Brock Pierce’s attempt to revive the defunct exchange. Also read: Mt Gox Restitution Process Frozen Due to One Man’s…
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In the Daily: BCH on C2C Market, Binance in Indonesia, 400,000 Planned Mining Rigs
In this edition of The Daily, we cover the addition of bitcoin cash (BCH) trading support to a fiat-to-cryptocurrency platform, an expansion of educational services by Binance in Indonesia, and Ebang’s plan to sell 400,000 new mining rigs in 2019. Also Read: University of Michigan Endowment Backs Crypto Venture Capital Fund Bitcoin Cash (BCH) Added…
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Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators
Over the last two years, the Kenyan government and central bank have been discussing how to regulate bitcoin and other digital currencies. In March 2018, the Central Bank of Kenya warned the general public about cryptocurrency investments. After those warnings, the region’s Capital Markets Authority (CMA) cautioned the public again after investigating a project called…
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The Infamous Bet: John McAfee’s 2020 Price Target Shows BTC Undervalued by $37K
John McAfee is once again discussing the notorious wager he made back in November 2017 when he predicted that bitcoin will reach a million dollars before the end of 2020. McAfee is reportedly on the run from the IRS, but his worries don’t end there: according to statistics, his bet is currently $37,000 light of…
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In the Daily: Token Delistings, Paybear Is Savvy, Revolut and Hackers
In this edition of The Daily, crypto exchange Upbit is preparing to delist four tokens, while several projects have accused Kucoin of suggesting market making services to pump their volume and avoid delisting. Also, crypto payment processor Paybear has rebranded to Savvy, and British online bank Revolut is hiring hackers to test its systems. Also…
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Digital Currency Donors and Crypto-Backed Endowments Fuel Higher Learning
Digital asset holders and organizations have been donating funds to a number of well-known universities. These days a slew of popular colleges like Stanford, MIT, Cornell, Puget Sound, and Princeton all accept digital currency donations or have high-net-worth crypto backers funding these schools. On the flip side of higher education, many of the world’s prestigious…