Investors are starting the week with a mix between optimism and doubt. Last week, bitcoin started trading at $7905 and managed to climb all the way up to $8470. At press time, bitcoin is trading at $8310. Most cryptocurrencies are reporting very mild gains, mostly within the range of 1-2%. Without a doubt, the biggest
Category: Crypto News
The G7 has Spoken: Global Stablecoins a Threat to the Financial System
A freshly drafted report by the G7 group of nations, the so-called “global stablecoins” are a serious threat to the global financial system. Last week, according to the BBC the draft report from the G7 nations specifically described the many risks posed by digital currencies to the global financial order. It was also mentioned that
QuadrigaCX Saga: CEO’s Widow Handing Over $9 Million to Clients
Earlier this year, the crypto world saw a very unfortunate tragedy. The CEO of the crypto exchange QuadrigaCX passed away and left cryptocurrencies worth over $150 million completely inaccessible for an uknown period of time. As time moved on, a large portion of the funds was still “lost”. A few months ago, the company appointed
Crypto Inheritance Will Soon be Discussed by Financial Institutions
With the recent passing of QuadrigaCX’s CEO, Gerald Cotten, many people began wondering about crypto inheritance. In a few decades, most countries will probably have very clear laws and rules about the subject. The National Law Review, featured a piece by the lawyer Simon Goldring, which discussed the integration of cryptocurrencies as an inheritance. While
ABBC Coin: The Three Different Views for the Price Increase
Crypto price increases are always a nice thing to see, especially when the price increase is above 50%. Most cryptocurrencies are hovering at a relatively stable price since the start of the year. ABBC Coin however, is a project no one probably heard about until a few days ago. If we look at the 1-day
Julius Baer to Allow Clients Access to Cryptocurrencies
Julius Baer is one of the biggest private banks in Switzerland. The company announced yesterday that its clients now have access to cryptocurrencies. Julius Baer is pleased to announce the collaboration with SEBA Crypto AG to provide its clients with access to a range of new digital asset services. https://t.co/5ADODyL58s @WeAreSEBA — Julius Baer (@juliusbaer)
Stablecoin Might Just Evolve to be the Asset Everyone Needs
Stablecoins are seeing a huge rise in offering. This is mainly due to the prolonged bear market thanks to which we have more than 50 stablecoins on offer today. That means the next big cryptocurrencies just be might a stablecoin. Now that stablecoins have gained some media and industry attention, it’s important to look at
New Assets and Exciting Independent Projects to be Listed on Coinbase
Coinbase has revealed it’s planning on listing more than 30 new assets. This does not mean the tokens will be added to the platform. According to a blog post from December 7th, the exchange is currently exploring its options. There is a wide variety of tokens taken into consideration ranging from ERC-20 tokens to entirely
How TripAdvisor Destroyed Trust in the User Review
Image Source: tripadvisor-warning.com TripAdvisor is a true giant in the travel industry. The company was one of the few that emerged successfully from the dot-com bubble in 2001. Although it wasn’t launched with the intent of being a review site, once the “Add your own review” button was available on existing property listings, the concept
Gazprom Banking Department Announces a new Crypto Trading Service for 2019
Gazprom Bank, the Russian bank’s Swiss division, seems to be working with two companies to implement crypto services to allow customers to deal with virtual currencies. The firms are Avaloq and Metaco and will be implementing a service allowing customers to handle cryptocurrencies without having to manage wallets or passwords. Gazprom to Launch Crypto Trading