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A recent study states that hard forks threaten the stability of cryptocurrencies, while bad governance could lead people to lose trust in its reliability as a vehicle of exchange Go to Source Powered by WPeMatico
A Trustnodes study says that ICO projects have sold 160,000 ETH in the past 10 days – three times the amount sold by ICOs in the whole of August Go to Source Powered by WPeMatico
CEO of Galaxy Digital Mike Novogratz has called a bottom in digital currencies, noting that “markets like to retrace to the breakout” Go to Source Powered by WPeMatico
The CCO of BitPay predicted that altcoins will “never come back,” while Bitcoin will “rebound” in 2019 when “big entrants become real” Go to Source Powered by WPeMatico
Cryptocurrency is a major plot of the longest-running British soap opera Coronation Street this week. Each of the show’s episodes currently has about 8 million viewers. A character in the show invested in a cryptocurrency back in 2011. After some research, he thinks he is sitting on a fortune. Also read: 160 Crypto Exchanges Seek to … Read more
A Canadian regulated bitcoin trust has achieved the mutual fund trust status, allowing eligible investors to invest in the trust through government-sponsored tax-efficient investment plans. The investment is approved by the Ontario Securities Commission and the British Columbia Securities Commission. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Mutual Fund Trust Status … Read more
The U.S. Financial Industry Regulatory Authority has taken its first disciplinary action involving cryptocurrencies. The authority charges a broker with fraudulent and unlawful distribution of unregistered crypto securities. The owner allegedly “attempted to lure public investment in his worthless public company” by issuing “the first minable coin backed by marketable securities.” Also read: 160 Crypto Exchanges … Read more
Fintech investment firm Ribbit Capital, whose portfolio includes crypto trading platforms Coinbase and Robinhood, plans to raise $420 million for its latest fund Go to Source Powered by WPeMatico
Bain Capital Ventures has led a $15 million funding round for institutional crypto exchange Seed CX Go to Source Powered by WPeMatico
Crypto exchange Huobi is entering the Japanese market by acquiring a majority stake in one of the 16 government-approved crypto exchanges in the country. The company says it plans to “aggressively scale this trading platform into the largest in Japan,” with an eye on global expansion in the future. Also read: 160 Crypto Exchanges Seek to … Read more