Instead of fazing institutions, the dismal performance of the crypto market and the continued maturation the industry backing has continued to attract well-established firms from across the globe. Most recently, a handful of Wall Street heavy hitters have downed the red pill, revealing that it is time for financial institutions, like themselves, to step out…
Charities are increasingly accepting of cryptocurrencies as donations. This potentially exposes them to the same level of risks and rewards as those investing in the space. Charities Take Cryptocurrency Risk Giving Wealthy Donors Tax Breaks Thanks to nuances in U.S. tax legislation, many individuals that have been newly enriched by cryptocurrency are favouring making donations…
The Mayor of Seoul has unveiled plans that will further promote blockchain industries. His plans include a 100 billion won fund, as well as a large blockchain complex that will house over 200 companies. Expanding the Blockchain Industry Park Won-soon, Seoul’s acting Mayor rolled out the plans that aim to increase blockchain exposure and development.…
When it comes to polarizing issues in the crypto industry, there isn’t a topic as inflammatory as the debate between XRP proponents and Bitcoin maximalists or more broadly, centralization versus decentralization. In fact, this debate has been dubbed a “religious war” by some, as despite crypto’s underlying goal to unite communities, this argument has strained in-industry…
Malwarebytes Labs recently discovered malware in one of the many Fortnite game hacks that enumerate victims’ Bitcoin wallets. The California-based IT security firm found the malware after riddling through many fake Fortnite hacks that sought users to participate in surveys or download suspected files. The process led them to detect Trojan.Malpack. The trojan reportedly steals users’…
Despite the dismal performance of crypto assets, this space continues to receive attention from prominent thought leaders in traditional capital markets, making it evident that this industry shows promise and is much more than a well-thought-out fad or trend. “Clearly, Crypto Is Here To Stay” The brain drain of the legacy market has continued, with Ric…
Tron, in a recent blogpost, revealed new features of its open source, P2P crypto wallet, TronWallet. The announcement comes not long after TronWallet went live on Apple’s App Store. TronWallet is a mobile application developed by Getty.io’s team of 20+ people based in Canada, Brazil and Chile. The application went live on Google Play on…
It’s no secret that mainstream media isn’t the biggest fan of cryptocurrency, often releasing sensationalized reports that demand page views more than they do facts. That being said, the Wall Street Journal (WSJ) is now a part of the cryptocurrency market after creating their own crypto – called the WSJCoin. The U.S.-based news outlet embarked…
The Gemini cryptocurrency exchange platform has managed to secure insurance for its customers’ cryptocurrency holdings. The development should help the firm avoid the kind of hacks that have occurred against some of the industry’s other big names in recent years. Gemini Ramps Up Security Measures for Crypto Custody The news of Gemini’s new digital assets…
Blockchain technology has been around for a while now. Even so, the technology is still considered to be in its infancy. Over the years, the industry has gone through dramatical changes. Most of them came after the introduction of cryptocurrencies. At first, there was only Bitcoin that has quickly started to rise in popularity and…