Tag Archives: Industry

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 »

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 »

Calling All Gamers: Razer Wants You to Mine Cryptocurrency Using Idle GPUs

Razer, the multi-billion-dollar gaming equipment manufacturer, released a new program that allows gamers to easily utilize their idle GPUs to mine cryptocurrency. The catch to this seemingly simple program, however, is that users don’t actually get to keep the cryptocurrency they mine.Razer Releases Cryptocurrency Mining Software Called SoftMinerThe new program, called SoftMiner, allows PC users to utilize their… Read More »

Allianz GI CEO Kicks Bitcoin While it’s Down, Wants Crypto “Outlawed”

Although Bitcoin (BTC) has experienced an unquestionably dismal 2018, with BTC losing 80% of its value since its year-to-date high, there are still a number of skeptics hell-bent at putting the crypto industry six feet under. Case in point, the chief of a world-renowned financial institution, set in its traditionalistic ways, recently lambasted this nascent asset class, urgently… Read More »

South Korean Crypto Exchange Launches Ripple Powered Remittance Service

South Korea’s first blockchain powered remittance mobile app and web service will be launched this month by crypto exchange Coinone.‘Cross’ For Faster and Cheaper Cross Border RemittancesThe service, simply named Cross, will be launched by Coinone Transfer, a payments business and a subsidiary of the South Korean crypto exchange. The service aims to facilitate faster and cheaper remittances… Read More »

Mike Novogratz Adamant That Bitcoin (BTC) Won’t Fall To $0

Bitcoin fanatic and blockchain enthusiast Mike Novogratz, a former Wall Street hotshot, recently doubled-down on his pro-crypto sentiment, even while this infant market continues to fall victim to shortcomings. Revolutions Don’t Happen Overnight, Crypto Included In an exclusive interview with Bloomberg, Novogratz, a member of Fortress Financial’s top brass turned crypto-centric merchant bank chief, gave some key insight… Read More »

Bitcoin Friendly Square Tops iOS Store: Can Coinbase Reclaim Its Throne?

Although Coinbase is lauded for its ability to innovate, even in stormy market conditions, there has been growing sentiment that the prominent platform has begun to stumble, falling victim to the dissipation of crypto’s active retail investor scene. Yet, Coinbase has made in glaringly apparent that it intends to thrive amid Bitcoin’s (BTC) distraught state.Coinbase Launches “12 Days Of… Read More »

PayPal Delves Into Private Crypto With Internal Token Platform

With crypto markets falling ever lower many are making an exit from the space. Not all are that quick to jump ship however, and PayPal is among those looking towards cryptocurrencies, albeit private ones, starting with an incentive platform for its employees.PayPal Tokens For Coffee With The BossThe company has launched an internal private blockchain based platform for… Read More »

Analyst: Crypto Bear Market May Get Worse, Bitcoin (BTC) Fundamentally Unsupported

Crypto Market Slows After Imbroglio Although selling pressure eased off crypto markets over the weekend, Bitcoin (BTC) and altcoins are still in the midst of stormy seas. BTC has found itself stagnant at $3,375, seemingly caught in an inflection point between a short-term bounce and lower lows. As this market’s leading asset has slowed, so has the market… Read More »

In Bear Market, Korea’s Biggest Crypto Project ICON Showed Solid Progress

A goodbye note from Deblock’s now-former Head of Research revealed the progress of their ICON blockchain project in all these months. And they looked extremely positive.As he left the company to pursue his startup, Markus Jun noted ICON as one of the very few blockchain projects that showed significant accomplishments despite staying inside a bleeding crypto market.“My time… Read More »