Bear Market Hinders Coincheck’s Stabilization Effort after $530 Million Theft

Advertisement The bear market that the crypto industry is facing has had a lot of adverse effects, with companies shutting down services and laying off staff members in their droves. Japanese cryptocurrency exchange Coincheck seems to be the latest company to feel the brunt of the dire crypto market state, according to reports from Nikkei Asian Review. A… Read More »

Swift CEO To Step Down After 7 Years at The Helm

Swift CEO, Gottfried Leibbrandt, notified the organization’s 25-member board that he wished to step down from his position by June next year. His departure in 2019 will mark a 7 year tenure as the Chief Executive Officer of the global financial services provider. Mr. Leibbrandt joined the organization back in July 2012. The CEO went on to summarize… Read More »

Daily Altcoin Review: ETH/USD, LTC/USD Ranging, Fundamentals Supportive

Latest Ethereum News In a milestone case— Copytrack Pte Ltd v Wall–noted by the University of Oxford Faculty of Law and published by the Business Law Blog, it is likely that relevant laws shall apply regarding claims of lost or stolen cryptocurrencies. The ruling made against the defendant, Brian Wall, mandates that the plaintiff and coin issuer Singapore’s… Read More »

Bitcoin Cash Price Analysis: BCH/USD May Soar to $150 if Bulls Close above $115

Latest Bitcoin Cash News As the year comes to a close, events around Bitcoin Cash will surely be a highlight. Straight from CSW—Roger Ver publicized differences to the very expensive hard fork that has seen the original Bitcoin Cash version value more than halved, it’s surely getting tough for traders and investors in general. Nonetheless, as a project… Read More »

UAE Remittance Firm Launching Ripple-Based Payments in Q1 2019

One of the largest remittance firms in the United Arab Emirates, UAE Exchange, is working with Ripple to launch blockchain-based payments to Asia by the first quarter of next year. According to a report from Reuters on Thursday, the firm’s CEO Promoth Manghat said he expects to go live with support from “one or two banks in Asia” using… Read More »

Major Crypto Exchange Kraken Values Itself at $8B: is it Too Much?

Amid a multi-month bear market in crypto land, this industry’s leading startups have still shot for the stars. Case in point, leaked documents indicate that a distinguished crypto exchange, Kraken, is seeking to be valued at a jaw-dropping sum, which may place the platform among the ranks of Earth’s foremost startups. While the firm’s appetite for grandeur is… Read More »

Germany’s Second Largest Stock Exchange is Launching a Zero-Fee Crypto Exchange

Advertisement The second largest stock exchange in Germany, the Stuttgart Exchange Group and the banking institute SolarisBank are joining forces to create infrastructure for a zero-fee crypto exchange. While some digital currency fanatics welcome large banking establishments into the crypto-affray, others believe it goes against the decentralized nature of cryptocurrency. However, you cannot stop the market from evolving… Read More »

Sign Of The Times: Basis Shutters $133M Crypto Project Due To Regulation

Although crypto startups have been capitulating en-masse due to financial restraints, a direct byproduct of Bitcoin’s rapid drawdown in value, reports indicate that a promising stablecoin venture has folded due to regulatory qualms.$133M Crypto Project Folds Due To “Regulatory Headwinds”In recent months, stablecoins, cryptocurrencies tied to an asset deemed “stable” (ex. U.S. dollar, gold, etc.), have seen an… Read More »