Tag Archives: crypto

Bitcoin’s Lightning Network Reaches Apple Watch as NYAG-iFinex Tit-For-Tat Amps Up

Bitcoin’s Lightning Network Reaches Apple Watch as NYAG-iFinex Tit-For-Tat Amps Up

There was certainly no shortage of crypto news to digest over the weekend. Amongst the notable development was Bitcoin wallet developer BlueWallet Services’ first-of-its-kind announcement that its wallet app had gained Apple Watch support. Additionally, the NYAG-iFinex legal tit-for-tat continued, with AG Letitia James on Friday opposing iFinex’s motion to vacate the highly publicized court […]

Bearish on Bitcoin? This Fidelity Research Will Turn You Into a Raging Bull

Bearish on Bitcoin? This Fidelity Research Will Turn You Into a Raging Bull

By CCN: Fidelity Digital Assets, a subsidiary of the world’s fourth-largest asset manager with $2.46 trillion in assets under management, said in a research paper that institutional investments in bitcoin and other crypto assets are likely to increase over the next five years. The research read: “Nearly half of respondents (47%) appreciate that digital assets are […]

Crypto Community Reacts to Tether Admitting USDT Not Fully Backed

Crypto Community Reacts to Tether Admitting USDT Not Fully Backed

According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether only holds around 74 percent of the total value of USDT’s current circulating supply. Tether and the crypto exchange Bitfinex are currently defending allegations from the New York Attorney General’s office that […]

NYSE Owner Buys Crypto Custodian in Latest Push to Offer Bitcoin

NYSE Owner Buys Crypto Custodian in Latest Push to Offer Bitcoin

Intercontinental Exchange (ICE), which owns the New York Stock Exchange, made a splash last August with big plans to get into the Bitcoin business. Those ambitions, however, have been stymied by regulatory delays, leading ICE on Monday to announce a series of measures to jumpstart its efforts. Most notably, ICE has acquired a crypto custodian service called Digital Asset […]

‘WORLD ISN’T PAYING ATTENTION TO BITCOIN’ – NEW TWITTER DATA FINDS

‘WORLD ISN’T PAYING ATTENTION TO BITCOIN’ – NEW TWITTER DATA FINDS

According to the source Bit Info Charts, Bitcoin-related tweets are at their lowest level in 5 years. The figure has drawn ire from cryptocurrency speculators that the world has lost interest in Bitcoin — but is this really the case? One Twitter use Revin Rooke made the following conclusion: There were 16,710 tweets yesterday, but roughly 30k Bitcoin […]

NY Attorney General sues Bitfinex and Tether to unearth “fraud being carried out” by the firms

NY Attorney General sues Bitfinex and Tether to unearth “fraud being carried out” by the firms

The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same name. The 23-page document, dated April 24, added that the NY AG’s office has reason to believe several New York and US-based traders transact on the firm’s platform. In 2018, […]

Crypto’s Long Road to Acceptance May Have Started Here

Crypto’s Long Road to Acceptance May Have Started Here

He sent the invitations when the party was over. Only after the cryptocurrency craze’s collapse hit bottom in December did Standard Chartered Plc veteran Hoe Lon Leng issue his call to the market’s biggest traders: join him to brainstorm making digital tokens part of the world’s financial architecture. It may seem quixotic, but the goal of the […]

Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report

Bakkt Exchange May Be Seeking New York License for Crypto Custody: Report

The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt. With Bakkt’s launch having been held up for five months, apparently over persuading the Commodity Futures Trading Commission (CFTC) to approve it to custody bitcoin for its planned physically-delivered futures contracts, ICE apparently sees a license […]