Tag Archives: cryptocurrency

ARE CRYPTOCURRENCY SECURITY THREATS STIFLING THE MARKET

ARE CRYPTOCURRENCY SECURITY THREATS STIFLING THE MARKET

The digital nature of Bitcoin makes it vulnerable to hacking. While traditional banks holding fiat currencies are not exempt from breaches, incidents happen more frequently with cryptocurrencies. Since the emergence of Bitcoin, the loss due to theft within the system has surpassed $1 billion. As digital currencies become more valuable, the security threats are increasing. Digital currency is mostly […]

Coinbase President Steps Down, Emilie Choi Named as Replacement

Coinbase President Steps Down, Emilie Choi Named as Replacement

Coinbase president and chief operating officer Asiff Hirji is leaving the cryptocurrency exchange, the company confirmed Friday. Hirji joined the crypto unicorn in December 2017, joining after a stint at venture capital firm Andreessen Horowitz. “We’re incredibly grateful for Asiff’s contributions over the past 18 months,” Brian Armstrong, co-founder and CEO of Coinbase, said in a statement. […]

Binance Partners With Crypto Lending and Borrowing Firm Cred

Binance Partners With Crypto Lending and Borrowing Firm Cred

Binance exchange is teaming up with Cred to offer cryptocurrency lending and borrowing services across its ecosystem. As part of the arrangement, California-based Cred will migrate a portion of its native “LBA” token to Binance’s blockchain network, Binance Chain, according to an announcement Wednesday. Binance chief growth officer Ted Lin said that as Binance Chain has a […]

Fidelity Investments office “has a room full of Bitcoin miners”

Fidelity Investments office “has a room full of Bitcoin miners”

The launch of a crypto custody service by leading financial firm Fidelity Investments is predicted by many to be a huge catalyst for institutional investment in the space. According to one insider, the pensions giant has in fact already made a significant commitment in Bitcoin, in a different way. Justin [email protected]_JustinMoon_ BTW Fidelity has a […]

Mike Novogratz: one of the social media cryptos could be a real currency

Mike Novogratz: one of the social media cryptos could be a real currency

Galaxy Digital’s Michael Novogratz recently joined CNBC to discuss all things cryptocurrency. Early in the interview, Novogratz reiterates his stance that Bitcoin serves more as a store of value, comparing the apex cryptocurrency to gold. He also stated that, like gold, Bitcoin won’t be used to purchase things and will remain limited to being a store of […]

Crypto Exchange Binance Confirms Margin Trading Coming ‘Soon’: Report

Binance has confirmed it will be launching a margin trading service, after the cryptocurrency exchange accidentally tweeted images suggesting the service was in development. First noticed by Twitter users earlier on Friday, Binance posted screenshots of its platform in dark and light modes, asking users which one they preferred. The screenshots contained a dedicated tab titled “Margin,” […]

Cameron Winklevoss on Crypto: Not Investing In the “Future of Money” is “Crazy”

Cameron Winklevoss on Crypto: Not Investing In the “Future of Money” is “Crazy”

Bitcoin and the crypto industry it birthed is still new, misunderstood, and is many years away from having its potentially fully realized as a monetary asset, store of value, or transactional currency. But it’s clear to many that the young, emerging financial technology has incredible potential – potential that’ll be unlocked only with time and support. […]