Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9K

Gox Trustee to Flood Market with Thousands of Bitcoin, BTC Price Drops Below $9KNotoriously hacked cryptocurrency exchange Mt. Gox isn’t done with bitcoiners just yet. Just as it appeared the world’s most popular cryptocurrency was ready to strike above the stubborn high nine thousands in price, Nobuaki Kobayashi, Tokyo-based, court appointed trustee of the remaining bitcoin to be distributed among creditors, seems ready to flood another 8,000 coins […]

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Robinhood App Valued at $5.6 Billion – Now Available in 10 US States

Robinhood App Valued at $5.6 Billion - Now Available in 10 US StatesTrading app Robinhood which started offering bitcoin and ether trading in February has attained a valuation of $5.6 billion after raising $363 million, the company has confirmed. The app is now available in 10 U.S. states. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $5.6 Billion Valuation Robinhood started out about three years ago […]

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South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

South Korea's Largest Crypto Exchange Upbit Under Investigation for FraudThe largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated computers and accounting records. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Under Investigation South Korea’s largest cryptocurrency exchange, the Kakao-backed Upbit is suspected of fraud, […]

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Tipping Point Gala Accepts Crypto Donations, Raises $14 Million

Tipping Point Gala Accepts Crypto Donations, Raises $14 MillionA gala held by Tipping Point, a non-profit organization that seeks to invest in efforts aimed at breaking the poverty cycle in the San Francisco Bay Area, has raised more than $14 million USD. The gala comprises the time that Tipping Point has accepted cryptocurrency donations, with the event being attended by the respective chief […]

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Japan’s GMO Has Mined Over 900 Bitcoins – Hashrate Doubled Last Month

Japan's GMO Has Mined Over 900 Bitcoins - Hashrate Doubled Last MonthThe mining operation of Japan’s internet giant GMO has resulted in over 900 bitcoins and 537 bitcoin cash so far, as the company roughly doubled its hashrate last month. Meanwhile, its crypto exchange reported a first-quarter loss after the country’s financial regulator ordered it to improve. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Over […]

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Xapo Estimated to be Housing 6.25% of Total BTC Supply

Xapo Estimated to be Housing 6.25% of Total BTC SupplyIt has been estimated that approximately 6.25% of the total bitcoin supply has been deposited with Xapo – a Hong-Kong Based company providing bitcoin wallet, cold storage, and bitcoin-based debit card services. Xapo claims that BTC deposited with company are held in underground vaults located across five continents. Also Read: Ethereum Founder Responds to Charges of […]

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Novogratz Launches Benchmark Index of 10 Cryptocurrencies

Novogratz Launches Benchmark Index of 10 CryptocurrenciesWell-known hedge fund manager Michael Novogratz has launched a cryptocurrency benchmark index in partnership with Bloomberg. The index, designed to track the performance of the largest, most liquid coins, consists of 10 cryptocurrencies at its inception. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Crypto Index Galaxy Digital Capital Management and Bloomberg announced […]

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Bitflyer on Hiring Spree – Discusses Multiple Expansion Plans

Bitflyer on Hiring Spree - Discusses Multiple Expansion PlansJapanese exchange Bitflyer is on a hiring spree, trying to tap talent from Wall Street. The company says coders can make $100,000, and plenty of employees earn $200,000. Besides already operating in three regions, the exchange is expanding into additional countries and adding more services. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Number […]

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Markets Update: Cryptocurrency Prices See Relief After Three Day Losses

Markets Update: Cryptocurrency Prices See Relief After Three Day LossesCryptocurrency prices have dropped significantly over the past 72 hours after reaching new highs on May 5. When Bitcoin Core (BTC) prices touched a high of $9,940 USD this past Saturday buyers met resistance and the price tumbled to a low of $8,975. BTC prices today are hovering along between $9,100 and $9,400. Bitcoin Cash […]

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Crypto Youtuber Launching Bitcoin Funded TV Series on CBS

Crypto Youtuber Launching Bitcoin Funded TV Series on CBSA crypto Youtuber is launching his own television series that is fully paid for by bitcoin. They will air on CBS, the CW, and Roku. The first 13 episodes will air on CBS in selected areas, featuring topics such as crypto security, exchange trading, initial coin offerings, crypto crashes, mining, and the future of cryptocurrency. […]

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