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In a sudden change of sentiment, Goldman Sachs has started to entertain the idea of having a Bitcoin strategy. While plenty of exchanges and ETFs have taken steps to get involved in this burgeoning sector, Goldman Sachs is the first major bank to consider opening up a market on Wall Street. A Change in the Institutional Tide … Read more
On Wednesday, December 20, the decentralized exchange EtherDelta fell victim to a malicious phishing attack on its DNS server. The hacker compromised EtherDelta’s website, rerouting transacted funds to a replica site that replaced the legitimate one for a number of hours. Decentralized but Still Compromised At 1:34 p.m. EST, EtherDelta tweeted a message suggesting that its DNS server … Read more
Litecoin founder Charlie Lee recently liquidated his stack of the very coin he created. A prominent figure in the cryptosphere, he has often been met with a mixture of praise and criticism for his vocal online presence. Charlie Lee: the Man, the Legacy, the Controversy In 2011, Charlie Lee founded Litecoin, what many began to … Read more
Business Waste, a leading waste management company in the United Kingdom, recently announced that it will start accepting cryptocurrencies as payment. The move makes Business Waste “the first in business sector in the world to accept them,” according to spokesperson Mark Hall. Paying for Waste Removal with Crypto Business Waste broke the news on its website this … Read more
In the wee hours of December 19, Youbit was dealt a death blow in the form of another hack. The exchange, which was also hit in April, is closing down in the fallout of the most recent attack. The Straw that Broke the Camel’s Back As revealed on its website, South Korean exchange Youbit has been forced to … Read more
Following in the footsteps of CBOE, the CME Group launched its own highly anticipated Bitcoin futures on Sunday evening. Come Monday morning, cryptocurrency’s overall market capitalization reached another milestone at US$600 billion, making the jump from US$500 billion in just five days. Wall Street’s Newest Toy Adding to Bitcoin’s bullish December run, the Chicago Mercantile Exchange’s futures opened … Read more
Even after losing steam coming out of the summer and autumn, ICOs continue to attract investor attention. As we close in on the latter half of December, they’ve raised a collective US$4 billion over the course of 2017. This is not only a significant financial milestone, but it speaks to blockchain’s budding mainstream appeal as we … Read more
