Cameron and Tyler Winklevoss are one of the best known names in the Bitcoin market, or at least, in the BTC ETF one. The Winklevoss brothers are now suing Charlie Shrem, the infamous Bitcoin tycoon who was convicted for "for aiding and abetting the operation of an unlicensed money-transmitting business related to the Silk Road marketplace",…
Read moreThe cryptocurrency assets under management have increased from around $680 million in January 2017 to almost $7 billion in recent months, shows a research by Morgan Stanley. The boom of cryptocurrency assets under management has soared to such high levels mainly because of heavy support and investments from venture capital firms, private equity and hedge…
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The Hong Kong Securities and Futures Commission (SFC) has issued a statement setting out a new approach which aims to bring virtual asset portfolio managers and distributors of virtual asset funds under its regulatory net. It also sets out a conceptual framework for the potential regulation of virtual asset trading platforms. In light of the…
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Hacking cryptocurrency exchanges and crypto accounts are two of the biggest issues related to digital coins. Governments around the world are citing these as top priorities to consider when introducing a digital coin or developing a stable coin. But it is interesting to note that more than half of all hacked cryptos end up in…
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Countries around the world are still struggling to classify cryptocurrencies. The SEC even created a special office to deal with fintech and new digital assets. China has come out to classify cryptocurrencies as legal properties, and not legal currencies. The Shenzhen Court of International Arbitration (SCIA) has ruled out that digital coins, especially Bitcoin, are…
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CoolBitX, the secure crypto hardware wallet producer, has just announced its partnership with Circle, the global crypto finance company. CoolWallet S users can now store the USDC stablecoin on their secure hardware wallet and swap it out for other digital assets any time, any place. The value of digital assets can fluctuate significantly daily, making…
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JMP Group LLC, a leading San-Francisco-based investment banking and asset management company, released its cryptocurrency findings for 2017 and shared an outlook on the M&A activity in the digital coin market for 2018. According to the research, cryptocurrency M&A activity was not correlated with the pressure that has hit the overall cryptocurrency market in 2017.…
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NETELLER, a digital wallet provider and part of Paysafe Group Plc (LON:PAYS), has just announced that it is now offering its customers the opportunity to instantly buy and sell cryptocurrencies, as cryptocurrency adoption continues to grow. As of today, NETELLER users can buy, hold and sell cryptocurrencies via a recognised cryptocurrency exchange including Bitcoin, Bitcoin…
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More BitGo news today, as Formosa Financial, the one-stop financial services platform for managing digital assets, has announced a collaboration with BitGo to integrate BitGo's custodial services into the Formosa Financial suite of digital asset management tools. Having successfully reached their hard-cap via private round funding this May, Formosa Financial is aiming to solve many…
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Mike Novogratz is undoubtedly one of the biggest cryptocurrency supporters., often commenting on the bright future of Bitcoin and the whole market. Now, he is teaming up with Goldman Sachs, which was rumoured to be creating a cryptocurrency trading desk, to invest in BitGo Holdings Inc. According to their website, BitGo describes itself as a…
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