For many short-term speculators, the current cryptocurrency market could be classified as a bore, with prices remaining relatively stagnant, volume figures dwindling, and altcoins failing to see rapid bouts of non-linear price movement, which were so common during last year’s bull run. Regardless, prices still saw a slight uptick this week, with a majority of crypto assets posting…
Markets are sleepy this Sunday, Ethereum is holding steady, Bitcoin Cash, Litecoin and Monero dropping back. There has been a very minor pullback in crypto markets today. In general though things have been pretty static over the weekend and total capitalization has remained over $200 billion for another day. Bitcoin has lost a fraction since…
Although the collective value of all crypto markets is only a tad above its year-to-date low, institutions still seem poised to tackle digital assets head on, with an array of Wall Street giants making meaningful moves throughout the past week. BitGo Receives U.S. Regulatory Approval To Launch Custody Solution On Thursday, CNBC divulged that BitGo, a well-known…
The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi. He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash remains widely used within the monetary union. ECB Studies Potential Issuance of Central Bank Digital Currency In…
The creator of Brave Browser, Firefox, and the JavaScript programming language Brendan Each recently invited crypto research firm the London Letter to Brave Software’s downtown San Francisco headquarters for an interview. In the candid interview, Eich discusses a number of topics, including the Brave Browser, its native cryptocurrency token Basic Attention Token (BAT), how smart…
Despite an overwhelming sense of bearishness in both the sentiment surrounding bitcoin and the price itself, there are many developments set to occur in the next 18 months that could kick off another bull run. Improvements to the bitcoin infrastructure seem to be happening at a pace never before seen in the space. However, the…
A gambling application that is based on the EOS blockchain has had a flaw in its smart contract system exploited. Hackers were able to make off with $200,000 worth of EOS due to the vulnerability. EOSBet Taken Offline Following Security Breach Those behind today’s attack exploited a weakness in one of the EOSBet platform’s smart…
Early in July, President Trump announced his nomination of conservative Judge Brett M. Kavanaugh to fill Justice Kennedy’s seat on the U.S. Supreme Court. “Judge Kavanaugh has impeccable credentials, unsurpassed qualifications, and a proven commitment to equal justice under the law," Trump told the press. With Kavanaugh's confirmation hearings set to begin on September 4th,…
Over the past week, Citigroup and Morgan Stanley have doubled down on their plans to offer tradable instruments and products around Bitcoin. Alistair Milne, the chief information officer at Altana Digital Currency Fund, stated that the increasing interest towards cryptocurrencies as an asset class by banks and regulated financial institutions is crucial, as it demonstrates…
In a development that flew under the radar of most, an American blockchain startup has just received the go-ahead from a U.S. state regulator to establish a digital asset custody product. The firm’s CEO then took to CNBC to convey details about this product and what it means for this budding industry. The BitGo Crypto…