Two new crypto research studies were released last week, which reveal that the United States still leads the crypto world with respect to sourced exchange volumes and that 64% of the payments taken from victims of ransomware attacks rely on crypto addresses as their means of settlement. Top Sources of Traffic to Crypto Exchanges Globally…
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Facebook plans to launch its own cryptocurrency, a coin called GlobalCoin in 2020. The news report comes from BBC. The cryptocurrency will reportedly become available in several countries in the first quarter of 2020. However, trials are going to start by the end of 2019. Facebook's cryptocurrency and blockchain initiatives are some of the most…
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If cryptocurrencies are to gain the global acceptance necessary to expand and prosper, can the industry achieve that goal by ignoring 23% of the inhabitants on our planet? In much the same manner as the retail foreign exchange trading industry created special Islamic accounts and processes that were in compliance with Shariah law, it would…
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A new crypto-based ETF application has been filed with the SEC. This time is not about "all about" Bitcoin, though. The application has been filed by Crescent Crypto Index Services LLC. The subsidiary of Crescent Crypto Asset Management LLC envisages an ETF that tracks the performance of market cap-weighted portfolio of ether and bitcoin. With…
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The current crypto narrative for success holds as a primary principle the fact that demand for cryptos will ignite when the floodgates are open for institutional investors to participate in crypto financial markets. An “institutional investor” can be many things, including banks, pension funds, hedge funds, commingled funds, family offices, and, which is often overlooked,…
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It seems that ever since Elon Musk announced that his favourite crypto is DogeCoin, people have gone on to great lengths to somehow connect the "dots" between Musk and any relatable cryptocurrency that might be of interest to him. Just last month, Leaprate reported that the founder of Dogecoin, Jackson Palmer, said he is ready…
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BCause LLC, a cryptocurrency mining operation in Virginia Beach that converted to being a mining server farm supporting other mining operations, is seeking the protection of the bankruptcy court under Chapter 11. Its mining subsidiary, BCause Mining LLC, is also named in the court filings. According to legal filings of its two major creditors, BCause…
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Ambo has just announced that it has launched its cryptocurrency wallet on the Apple App Store, which acts as a fiat gateway to the Ethereum token economy. The company was founded by Jai Bhavnani, joined by CTO Richter Brzeski and CMO Jack Lipstone, and has been recently acquired by MyCrypto. None of the decentralized financial…
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Facebook was recently reported to have been thinking about its own digital coin, or the so called FaceCoin. As Leaprate reported earlier in 2019, "Facebook has 2.3 billion active clients located across the globe, eager to try the latest that technology has to offer, and cryptos and blockchain bring a lot to the table that…
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When Elon Musk praises your cryptocurrency, chances are the price of the digital coin will go up. However, something even more important happened. The founder of Dogecoin, Jackson Palmer, said he is ready to sell Dogecoin.com for the colossal sum of $4.2 billion. Elon Musk, after declaring his interest in the crypto, accepted to be…
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