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BitGo Acquires Hedge, Unveils Cryptocurrency Staking


The leading digital asset financial services provider, BitGo, has acquired a startup company called Hedge, which operates in the staking infrastructure space. The acquisition is a part of BitGo’s move to venture into staking as it unveiled BitGo Staking on October 3, 2019. Initially, it...

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin


Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during...

10 Main Trends in Digital Assets this Year, Picked by 5 Crypto Experts


The Cryptoverse has certainly seen its fair share of trends over the years, both short and long-lasting. However, we wanted to find out from the industry’s experts what trends in digital assets they think are rocking the Cryptoworld this year. Cryptonews.com had a chance to talk with...

Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund


The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin


Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...

Without Disobedience, Bitcoin Is No Better Than Gold


With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely...

Bitflyer Adds Bitcoin Cash Trading Across Europe and the US


Bitflyer has added a selected number of new cryptocurrencies for its European and American clients to trade. Bitcoin cash (BCH) is among the few digital assets now available to buy and sell on all licensed platforms operated by the Japanese company. Also Read: NASA to Launch Bitcoin to the Moon?...

What Bancor’s Upcoming Airdrop Means for the Defi Community


In December, liquidity token-swapping protocol Bancor will conduct a snapshot of the balances of all BNT holders, who will then be airdropped the equivalent of 10% of BNT’s market cap. As a result, millions of dollars will be shared with around 60,000 token-holders. While the value this brings...

Swiss Banks Team With Fintechs to Enter the Crypto Space


Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...

Announcing Abuja Blockchain & Digital Assets Conference 2019


Blockchain-based solutions have the potential to make government operations at different levels more efficient and improve the delivery of public services, while simultaneously increasing trust in the public sector. For this to happen, education is key — getting the right people at the federal...

Market Update: Low Volumes and Uncertainty Shake Crypto Traders


The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...

Coinbase to Lay New Line of Assets for Listing


The cryptocurrency giant, Coinbase recently revealed its plans to bring in support for 8 new virtual currencies. The plan is laid as a strategic part of its main agenda, i.e., giving customers access to over 90% of the overall market cap of its digital currencies. Coinbase revealed its plans...

Coinbase Future Offerings Could Include Telegram Among Other Digital Assets


Coinbase, one of the leading cryptocurrency exchanges, is exploring the possibility of including the Telegram messaging app on its platform in the future. The Coinbase revealed this in a communication wherein the cryptocurrency platform expressed its intention to include Telegram along with other...

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