Historians have often said that the only people that truly prosper during a gold rush are the ones that sell pick axes, panning supplies, and other paraphernalia to the would-be miners. Fast forward to crypto mining today, and you have a replay of this maxim before our very eyes – Nvidia (NASDAQ:NVDA), a major supplier…
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Another day, another story about a crypto exchange losing millions in customer deposits, but this story has a bizarre twist that is almost too weird to believe. QuadrigaCX, once the largest Bitcoin-focused exchanges in Canada, revealed today that it could not refund $190 million of client deposits in Bitcoin, Litecoin, Ether, and fiat currency holdings.…
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Analysts are still grappling with the reasons why the crypto market shed nearly $10 billion of market cap last week. Bitcoin, the market leader by far with a 53.4% market share, had suddenly slid from over the $3,500 threshold down to below $3,400. It has since climbed back over this figure, but industry talking heads…
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Ethereum, along with other major alt coins, has taken a major price decrease since its glory days in 2017, when the coin was trading for as high as $1,500. While the price may be going down, the interest in Ethereum Classic is not subsiding at all. As with many major alt coins, the price of…
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Bitcoin is undeniably having a very bad year. The cryptocurrency was trading at $20,000 at the end of 2017. Fast forward to the beginning of 2019, the coin is trading at around $ 3,500. However, cryptocurrency and fintech experts predict that Bitcoin can soar by 84% by the end of this year. The most vocal…
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HBUS, operators of U.S. digital asset marketplace, Huobi.com, has just announced that it has launched fiat-to-crypto trading. HBUS has announced the rebranding of their retail trading service from HBUS.com to Huobi.com last month. Huobi.com clients can now make USD deposits and withdrawals ($100 USD minimum), and trade against bitcoin (BTC), ethereum (ETH) and Tether (USDT).…
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UK financial regulator Financial Conduct Authority (FCA) has announced that it has fined Paul Stephany, a former fund manager at Newton Investment Management Limited, £32,200 for his conduct in relation to an Initial Public Offering (IPO) and a placing. Stephany risked undermining the integrity of the market and the book build by trying to use their collective…
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The social network giant Facebook (NASDAQ:FB) has announced that it has made its first acquisition in the blockchain space, hiring the team behind Chainspace, a small blockchain startup founded by researchers from University College London, as earlier reported by Cheddar. The article on Cheddar seems to be the source of this news as little has been…
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Sterling Trading Tech (STT), a trading technology company specializing in the RaaS (Risk as a Service) space, and Eventus Systems, the global trade surveillance and market risk platform provider, have just announced that they have formed a partnership. Eventus Systems has integrated the Sterling Cloud-Based Analytics Engine (SRE) into its Validus platform to benefit mutual…
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Deutsche Börse AG has just announced that its Managing Director of Group Marketing Simone Reinhold is leaving the company after 25 years. LeapRate reminds that Ingrid M. Haas was appointed Managing Director of Communications and Marketing last month, with effect from 15 February 2018. She will report to CEO Theodor Weimer, and be responsible for the Group Communications and…
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