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China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year
13.1.2020
On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion...
Institutional and Retail Bitcoin Futures Demand Continues to Climb
12.1.2020
2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently...
Bitfinex ‘Copycat’ Lawsuit Withdrawn and Then Refiled in New District
12.1.2020
Ifinex Inc, parent firm of Bitfinex, finds its ongoing legal troubles further complicated as a November lawsuit has been withdrawn by the plaintiff and refiled in a new district. The company, whose close affiliations with both the Bitfinex crypto exchange and stablecoin Tether have continually...
Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance
11.1.2020
During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even...
Blockchain Firm Wyre Releases List of 2019 Achievements & Future Aims
11.1.2020
Wyre is a renowned crypto infrastructure providing platform that allows its wide global customer base to indulge in convenient transactions. The platform offers a revolutionary API solution that renders the investors to convert their fiat money into their favorite cryptocurrencies. With a network...
Fintech Firm With 2m Users Buys Crypto Exchange to Attract Millennials
10.1.2020
Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors.
BUX says the move will help address “the investing needs of European millennials.”
The fintech firm plans to rename...
Blockchain Developer Ant Financial Ranks Fifth Largest Private Firm in China
10.1.2020
Alibaba affiliate Ant Financial has been ranked the fifth most valuable private firm in China
Interpol Collaborates With Cybersecurity Firm to Tackle Cryptojacking
9.1.2020
Interpol finds success in removing cryptojacking malware from MikroTik routers that brought tens of thousands of dollars in revenue
Crypto Lending Firm BlockFi Adds Support for Litecoin and USD Coin
8.1.2020
BlockFi crypto lending firm has added two new assets to its platform: Litecoin and USD Coin
Tax Compliance Firm TaxBit Raises $5M to Improve Crypto Tax Reporting
6.1.2020
TaxBit, a crypto-oriented tax compliance firm, has raised $5 million in a seed round that saw participation from Winklevoss Capital
Ousted Co-Founder of Crypto Mining Firm Bitmain Opposes Layoffs
6.1.2020
Bitmain’s co-founder and biggest shareholder claims he is “firmly opposed to layoffs” at the firm after being ousted by current CEO Jihan Wu
Crypto Investor Sues U.S. Law Firm over ‘Erroneous’ Advice
3.1.2020
A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds.
According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker...
Etoro CEO Yoni Assia on Reaching 12 Million Users and Why Cryptos Are a Gateway to Stocks
1.1.2020
Yoni Assia is the CEO and founder of multi-asset trading platform Etoro. The brokerage firm, which enjoys a high profile within the cryptosphere, enables digital assets such as BTC and BCH to be traded alongside stocks, ETFs, and commodities. Juxtaposed between the traditional and crypto investment...
Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020
27.12.2019
Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...
Japanese Financial Services Firm Invests in Crypto Exchange Huobi Japan
26.12.2019
Tokai Tokyo Financial Holdings to invest nearly $4.6 million in crypto exchange Huobi Japan
Wirex CEO Pavel Matveev Shares Expansion Plans for 2020
24.12.2019
International payment and crypto service Wirex has enjoyed a productive year. Over the course of 2019, partnerships have been formed, a native token (WXT) released and the Wirex website and card completely redesigned. With the firm’s reach rapidly growing, CEO and co-founder Pavel Matveev...
Blockchain Firm Ripple Outshines With A $10 Billion Worth Value
24.12.2019
Taking pride in being one of the strongest cryptocurrency payment protocol and digital currencies exchange platforms, Ripple has proudly announced that it has pooled in $200 million funds through an investment round and this has made its value touch the whopping mark of $10 billion. The globally...
Andreessen Horowitz now has a free crypto school
23.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 12 December, 2019 “The roots of education are bitter, but the fruit is sweet.” - Aristotle In today's newsletter, we will be covering: VC firm Andreesson Horowitz (a16z)'s free 7-week crypto school A French-regulated […]
The post...
Hybrid intelligence crypto fund
23.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 13 December, 2019 “Attitude is a little thing that makes a big difference.” - Winston Churchill In today's newsletter, we will be covering: Hybrid AI firm Cindicator launching crypto fund based on hybrid intelligence […]
The post Hybrid...
Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong
23.12.2019
The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off