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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone
21.8.2019
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...
PwC Says Diaspora Remittances to Nigeria Could Hit $34.89 Billion
21.8.2019
As everyone knows, there are many nations which have a huge diaspora spread across the world and most of the people who live abroad send money back to their native country. One such country is Nigeria. Hundreds of thousands of professionals from the African nation now work in different countries...
Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed
21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...
Employees Can Also Own Stakes in Vision Fund 2 as SoftBank Decides to Lend Them $20 Billion For The Purpose
19.8.2019
As everyone knows, SoftBank is possibly the most influential entity in the world when it comes to investing large sums of money on promising startups all over the world. The company has invested billions in some of the most valuable in the world and it did so through its $100 billion investment...
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...