The Mt. Gox bitcoin hack is probably the most vivid example of how fragile the cryptocurrency world has been in the near past. Mt. Gox was a bitcoin exchange based in Japan that handled over 70% of all bitcoin transactions around the world, and was the leading crypto exchange during 2010 - 2014. However, Mt.…
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The crypto financial press has been inundated with recent articles discussing Bitcoin dominance and how it might be sounding the death knell for Altcoins. An Altcoin death narrative seems a bit extreme a position to take at this juncture in the crypto evolutionary cycle, but authors are speaking in terms like “survival of the fittest”…
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The Greenwich Associates (GA), a global analytics and consulting firm based out of Stamford, Connecticut, has published a new report, which sounds an alarm bell that blockchain technology, i.e., Distributed Ledger Technology (DLT), when applied to the cross-border payments space, could be overly disruptive and undo financial arrangements that have evolved over centuries. The report…
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Crypto enthusiasts have been waiting a year for the launch of the Bakkt exchange, the brainchild of the Intercontinental Exchange (ICE), the owner and operator of the New York Stock Exchange (NYSE). Circle September 23rd on your calendar as the official “Go Live” date, but the lead up has included required deposits and beta testing…
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Tassat, a global provider of financial technologies and products for traditional and digital asset markets, announced today that it has teamed up with AlgoTrader to provide institutional clients with its automated, quantitative trading software. The partnership will also include direct access to Tassat’s cryptocurrency derivatives to be offered soon on a regulated exchange. Tassat LLC…
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Binance, the world’s largest crypto exchange by volume, has had an incredible growth story since 2017, setting up exchanges across the globe and moving its headquarters to the crypto receptive market of the Republic of Malta. The amazing part of this unique storyline, however, is that it has made its achievement without ever having to…
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We sometimes forget that miners play a critical role in the Crypto-verse and that the vagaries of their business model are very similar to that for miners in the oil industry. When the market for your selected commodity goes south, you can shut down your rig or build inventory for sale at a later date,…
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London-based hedge fund, Nickel Asset Management, has spotted an opportunity in the market, devised a strategic plan, raised $50 million for the project, and will soon introduce the Nickel Arbitrage Fund. The sole purpose of this new fund will be to take advantage of various arbitrage situations across the Crypto-verse. According to its release, the…
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How quickly attitudes can change in the Crypto-verse? There was general euphoria and cause for celebration last week, when Bitcoin broke out of its doldrums and appeared bent on blasting through $11,000. The party, however, ended as quickly as it began, as momentum waned and the world’s favorite digital asset began “losing altitude”. This phrase…
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The Gemini exchange has just launched the Gemini Custody, an institutional grade custody solution that includes 18 digital currencies, one of which is the Ethereum token. All users on the exchange will be able to trade the cold crypto storage in custody immediately. In addition, Gemini Custody will also support 18 other currencies that are…
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