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Alibaba Co-Founder Joe Tsai All Set to Splash $3.3 Billion to Buy the Brooklyn Nets and Barclays Center
17.8.2019
Over the course of the past two decades, ownership of sports teams has become one of the most important trends among the billionaires of the world, and it is all set to continue. Billionaires and the ultra-rich have bought sports team in the United States and soccer clubs in Europe quite frequently...
How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
Coinbase Custody Acquires Xapo, Sees $7 Billion Growth
16.8.2019
Today, Coinbase Custody has announced that it has completed the acquisition of Xapo’s institutional businesses. Coinbase Custody has acquired 55 Million U.S. Dollars, Xapo’s institutional business. The platform was in stiff competition with major investment company- Fidelity, who was also...
Ripple Announces 1 Billion XRP Grant to Coil, a Micropayments Platform for Content Creators
16.8.2019
Ripple‘s investment auxiliary, Xpring has sanctioned 1 billion XRP to Coil, which is a micropayments platform for content makers, expecting to drive the adoption of the world’s third-biggest cryptocurrency by market cap. The grant is worth approximately 262 million dollars at...
Ripple Is Giving Away 1 Billion XRP in Massive Bid to Fund Online Content
15.8.2019
Ripple is making a major investment in Coil, a media platform that pays content creators XRP
Crypto Lending Industry Has Earned Just 2% on $4.7 Billion in Loans: Report
15.8.2019
A new report from credit assessment startup Graychain shows that demand for crypto loans is surging, but lenders aren't making much profit
Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide
13.8.2019
On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (BCH) is holding steady, up 2% today and now commanding the fourth largest...
Exit Scams Swindled $3.1 Billion From Crypto Investors in 2019: Report
12.8.2019
In total, investors, users, and exchanges have lost some $4.3 billion from illicit activity
Blockchain Solution Spending to Hit $16 Billion by 2023: IDC Report
9.8.2019
Worldwide spending on blockchain solutions is expected to hit almost $16 billion in 2023, IDC’s latest report reveals
Expert: India Will Lose An Almost $13 Billion Market By Banning Crypto
9.8.2019
India’s ban on crypto may be very costly, with the CEO of one research firm estimating that the country will lose out on almost $13 billion
New Liberty Dollar Founder Subpoenaed in the Billion-Dollar Bitcoin Lawsuit
7.8.2019
The ongoing Kleiman v. Wright case saw expert testimony on Monday from the plaintiff’s cryptography specialist, alongside the defendant Craig Wright’s witness, Nchain CTO Steve Shadders. The court participants discussed parsing through 27,000 bitcoin addresses as well...
North Korea Has Amassed $2 Billion from Hacking to Feed is Weapon Program: UN Panel Reports
7.8.2019
North Korea is again in the limelight, but not for good reasons. As per the reports from the UN Panel, the huge scale cyber-attacks, hacking incidents, and crypto exploitation have brought a huge amount of money to North Korea. As per some sources, a UN Nations panel has alleged that the country...
North Korea Has Amassed $2 Billion from Hacking to Feed Its Weapon Program: UN Panel Reports
7.8.2019
North Korea is again in the limelight, but not for good reasons. As per the reports from the UN Panel, the huge scale cyber-attacks, hacking incidents, and crypto exploitation have brought a huge amount of money to North Korea. As per some sources, a UN Nations panel has alleged that the country...
North Korea Stole $2 Billion in Crypto and Fiat to Fund Weapons Programs
6.8.2019
North Korea is funding its weapons of mass destruction via hacks of banks and crypto exchanges, says a confidential U.N. report
North Korea Stole $2 Billion in Cryptocurrency From Exchanges, Says UN
6.8.2019
UN: crypto hacks make big cash for North Korean gov’t
Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices
5.8.2019
A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...
Firm That Monitors Coinbase’s Stablecoin Audited Over $10 Billion in Client Assets
26.7.2019
Grant Thornton audited more than $10 billion spread over 40 cryptocurrencies in more than 100 million addresses
Private Equity Group Advent Acquires Cobham for £4 Billion in Cash
25.7.2019
Defense supply is one of the biggest industries in the world and it is perhaps the only industry that is recession-proof. It doesn’t matter whether a nation is going through an economic downturn, but it is going to continue to spend on its defense. As a matter of fact, defense expenditure at...
South Korea Estimates 2-Year Losses from Crypto Crimes at $2.3 Billion
22.7.2019
Nearly 2.7 trillion won (US$2.3 billion) have been lost to cryptocurrency crimes in the last two years, not including exchange hacks
Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them
16.7.2019
Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again