The founders of the Gemini digital asset exchange platform have accused their former business partner of not returning Bitcoin they had instructed him to buy on their behalf in 2012. The Winklevoss twins allege that Charlie Shrem owes them a massive 5,000 BTC. Charlie’s Lavish Lifestyle Prompted Legal Action Charlie Shrem might have been fortunate…
Tether Limited, the issuer of stablecoin Tether (USDT) wholly-owned by Bitfinex, has opened a bank account with Bahamas-based Deltec Bank. The move follows a long process of due diligence review of the company, including the ability to maintain the USD peg at any moment in time, the announcement says. Deltec Accepts Tether as Client After Long Due…
Aragon version 0.6 is now live on the Ethereum mainnet and the release comes seven months after the company announced Aragon version 0.5. The release is considered a major milestone for Aragon, a blockchain startup that managed to raise €25 million in under 1.5 minutes during their ICO. Aragon is a tool, that allows entrepreneurs,…
Although the world-renowned Binance Exchange, which facilitates crypto-to-crypto transactions, has seen waning demand as of late, the startup has forged ahead and has made notable strides in the fiat-to-crypto realm. Reports indicate that Binance’s Uganda branch, which went live last week, has already seen a proverbial boatload of interest, leading to the obvious, but pressing question…
In the cryptosphere, all eyes are on Malta, as November 1 marked the start of The Malta Blockchain Summit, a much-hyped event that looks to shine a light on the ever-growing cryptocurrency and blockchain industries. The island nation, which has established itself as a stand-out destination for companies associated with crypto and blockchain, also saw…
Financial advisory firm, DeVere, has officially launched an actively managed crypto investment fund that is geared towards experienced investors who are looking to capitalize from future growth in the cryptocurrency markets. DeVere’s chief, Nigel Green, spoke about the new fund, stating that the firm differentiates itself from a slew of cryptocurrency funds that already exist…
Reports suggest that Hong Kong’s securities watchdog has come up with new plans to regulate cryptocurrency funds and exchanges. While it is known for being crypto-friendly, Hong Kong is still not satisfied with the amount of protection that its crypto users currently enjoy. As a result of this, the Securities and Futures Commission (SFC) announced plans…
XRP, Bitcoin Cash, Cardano, Iota, Neo, VeChain falling hard, Tron survives while Maker and 0x recover well. For the eighth month this year cryptocurrency markets have fallen. October has been no exception with a 9.4% decline in total market capitalization. This has resulted in the loss of over $20 billion from cryptocurrencies during the month.…
Yesterday, October 31st, cryptocurrency Bitcoin (BTC) celebrated its tenth birthday. As part of the celebration, a company called Bizkey has decided to start a new campaign called “Token Day” in Singapore. Token Day is a campaign that is supposed to allow the public to get more familiar and better acquainted with cryptocurrencies according to reports.…
On October 29, Benedict Evans, a leading venture capital investor at one of the world’s largest VC firms, Andreessen Horowitz, tweeted about the current state of cryptocurrency, likening it to that of the internet in the 1990’s. His bullish comments on crypto signal a larger trend of traditional investors increasing their openness to the nascent…