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Bitfinex Onboards Fulgur Alpha, USD 280M Crypto Hedge Fund
16.3.2020
In an attempt to increase liquidity for institutional crypto investors, major crypto exchange Bitfinex, a sister company of stablecoin issuer Tether (USDT), has announced that it has onboarded a multi-million-dollar crypto hedge fund called Fulgur Alpha.
The exchange says in the press release that...
Stablecoins Gain Market Share Amid Crypto Bloodbath
16.3.2020
While most cryptocurrencies have lost half of their capitalization in one month, many stablecoins have seen recent growth in market share
Zimbabwe Returns to Crypto as Reserve Bank Proposes Regulatory Sandbox
16.3.2020
Zimbabwe is now warming up to crypto as the infamous Zimbabwe dollar exists once again
Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic
16.3.2020
Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people...
Cryptocurrency Exchange Bitfinex Lists $280M Crypto Hedge Fund
16.3.2020
Bitfinex has listed the $280 million dollar cryptocurrency hedge fund from Fulgur Alpha
Crypto Analyst Accused of Photoshopping Trade Screenshots
16.3.2020
A Twitter sleuth claims to have unearthed evidence that the popular analyst has been significantly altering screenshots illustrating his trade performances
Crypto Winter Returns: Breaking Down the Crypto Bulls
16.3.2020
When Bitcoin peaked at nearly $20,000 in December 2017, it was expected that it would come down, but only marginally. Sadly, what followed was equivalent to the global economic crisis of 2008 for the crypto industry. In a matter of months, Bitcoin was bleeding below $3,500 in January 2019 after...
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
16.3.2020
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...
Crypto Is Brewing in Colombia: Active Adoption That Will Wake You Up
15.3.2020
The high popularity of cryptos among Colombians has made the country one of the leading references in the region
Crypto Carnage, Fears of $1,000 BTC, MakerDAO Crisis: Hodler’s Digest, Mar. 9–15
15.3.2020
In this week’s Hodler’s Digest, Bitcoin’s dramatic decline, MakerDAO left with bad debt worth millions, and how a BTC miner ended up with an $8M windfall
Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support
15.3.2020
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published...
Data Transparency and Fake Trading Volumes — Institutionalizing Crypto
15.3.2020
Are data and transparency the things to open the crypto world to institutional investment?
US Sanctions Strategy and Crypto: The Cracks Are Showing in Iran
15.3.2020
The U.S. Treasury is working to enforce sanctions in crypto but economic war risks isolating the country
US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians
15.3.2020
The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....
These Online Stores Will Sell You Masks, Gloves, Emergency Items for Cryptocurrency
15.3.2020
Events like the global coronavirus outbreak provide good justification for some prepping. Crises like this often result in shortages and skyrocketing prices of important emergency items, proving that everyone should keep a box of face masks and even a decent survival kit, should things go really...
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify
15.3.2020
Despite the Indian supreme court quashing the central bank’s ban on crypto, some major banks, including HDFC and Indusind Bank, are still arbitrarily declining to process crypto transactions. Banks say they are waiting for instructions to lift the ban from the Reserve Bank of India (RBI)....
Supreme Court Lifts RBI’s 2-year-old Ban on Crypto Trading Thus Welcoming Crypto Firms
15.3.2020
In April 2018, the Reserve Bank of India imposed a ban on crypto trading that barred various banks and financial institutions in India from availing any services that are related to digital assets and virtual currencies. Following the notice of the ban, several startup companies that were just...
BTC Plunge, YouTube Ban & Other Challenges: Bad Crypto News of the Week
14.3.2020
Check the bad crypto news of the past week
Crypto Networks Stress Tested During Bitcoin’s Wild Week
14.3.2020
Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have...
Rhode Island Blockchain Act Seeks Regulatory Clarity for Crypto, Representative Place Explains
14.3.2020
Rhode Island’s recently introduced Blockchain Act also includes significant cryptocurrency implications