Blockchain

INX, a cryptocurrency firm holding the first-ever token initial public offering, or IPO, approved by the Securities and Exchange Commission, or SEC, has chosen a digital asset custody provider. According to a Sept. 16 announcement, INX has enlisted Israeli crypto startup GK8 for digital asset custody on its upcoming crypto exchange. INX tweeted that the platform

Back in 2013, Michael Saylor, CEO of business intelligence giant MicroStrategy, posted a tweet against Bitcoin (BTC), forecasting a grim future for the asset. Fast-forward to 2020, during which Saylor’s company now holds a major bullish position in BTC. #Bitcoin days are numbered. It seems like just a matter of time before it suffers the same

The recent 51% attacks on Ethereum Classic (ETC) have raised fresh questions about the security of proof-of-work blockchains. Not only has ETC been attacked three times within a month, but these assaults have been enabled with rented hashrate power. One of these attacks cost OKEx $5.6 million as it paid out its customers in full.

According to a study published by cybersecurity firm, Aqua Security, cloud servers remain a major target for cryptojacking — a type of attack whose main motivation is to mine cryptocurrencies. The “2020 Cloud Native Threat Report” states that between the second half of 2019 and the first half of 2020, attacks of this nature surged

Economists, pundits, institutions and investors often talk about the global financial system. When stocks go up and trade thrives, they applaud its contributions to prosperity; when the markets crash and stocks dip, they blame its inhuman scale or its untrustworthy manipulators. But anyone who has attempted to diversify their portfolio with foreign stocks or acquire

Blockchain company AnChain.AI and decentralized finance and technology provider Bluehelix plan to launch solutions addressing compliance within blockchain networks. According to reports, the two companies will roll out its Blockchain Ecosystem Intelligence, or BEI, risk engine solution. BEI is based on an API and will offer comprehensive real-time, preventive blockchain intelligence. AnChain.AI said BEI looks

One of the hottest cryptocurrencies in recent weeks has been Yearn.finance (YFI). The project fundamentals are food for thought, but its price is also a relatively new approach in the cryptocurrency markets, with YFI valued at over $30,000 per YFI, or three times the price of one BTC, albeit with a much smaller market cap. 

The world of cryptocurrency moves at a whirlwind pace but Twitter CEO Jack Dorsey remains committed to its earliest lodestone, Bitcoin (BTC). In an interview with Reuters on Sept. 10, Dorsey, who also founded the mobile-payment platform Square, said he believes the coin’s potential still outshines later developments: “I think the internet warrants a […]

The Blockchain Transparency Institute, or BTI, has published its market data integrity report for 2020. This report found a threefold improvement in the quality of data on veteran crypto rankings site, CoinMarketCap.  “Only 31% of the [CoinMarketCap] top 25 is being wash traded compared to over 90% just 1 year ago, a 3x improvement with

Research by on-chain analytics provider, Glassnode, has taken a deep dive into the economics and value of the SUSHI token, revealing that it may be worth far less than its current price. And that’s after the token’s price took a massive 70% dive over the past week to $2.36.  Glassnode analyst Liesl Eichholz broke down

Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, might not have promoted Bitcoin Cash after all. A hacker appears responsible for a Sept. 4 tweet from Draper stating that he had recently purchased Bitcoin Cash (BCH) that personally thanked Roger Ver. Though the account “Draper” used to tag the Bitcoin.com founder was

Crypto YouTuber Sunny Decree recently saw his livestream cut short by YouTube, with the platform stating the video had violated its ‘harmful and dangerous policy.’ According to a Sept. 5 tweet from Sunny Decree, the video-sharing platform halted his most recent livestream on his English language channel — based in Switzerland, the content creator also

A blockchain-based app aimed to make travel during the pandemic easier has been launched. The app, called ICC AOKpass, allows users to verify their COVID-19 status instantly. Dorjee Sun, CEO of blockchain firm Perlin, told CIR Magazine that ICC AOKpass “uses a common global standard that can be deployed and used anywhere in the world

While the crypto space has seen tremendous growth over the past decade, the asset class still holds a tiny amount of value compared to mainstream markets, especially when pitted against giants such as Apple.  Apple stock (AAPL) holds a staggering $2 trillion market cap, dwarfing all the speculative capital held within the entire crypto space,

New York-based blockchain analytics firm Chainalysis has published new research highlighting there have been up to 200,000 crypto transactions in the past year, worth more than $1 billion between Latin America and Asia. The study Latin America Mitigates Economic Turbulence with Cryptocurrency, analyzed crypto trends in Latin America between July 2019, and June 2020, and

Financial services giants Visa and Mastercard have shown an increased interest in the trillion-dollar digital payment sector through their recent acquisitions of innovative fintechs.  In January this year, Visa acquired fintech firm Plaid for $5.3 billion. The San Francisco-based firm enables data sharing of financial information between different fintech apps like Venmo and Chime, supporting

Sygnum, a major cryptocurrency bank in Switzerland, is preparing to finally introduce digital asset trading after receiving regulatory approval. On Sept. 1, Sygnum announced that it received regulatory approval from the Financial Market Supervisory Authority (FINMA), allowing the company to expand its services to a digital asset trading facility. The new approval enables Sygnum to

The latest ruling in the class-action lawsuit against OneCoin has dismissed Konstantin Ignatov, co-founder of OneCoin, as a defendant after he agreed to testify against his sister. Ignatov is the brother of Ruja Ignatova, the infamous leader and face of OneCoin also known as “Cryptoqueen.” Ignatova disappeared in 2017 and has since managed to evade