News > FinTech, Blockchain

Bitcoin Lost Nearly a Third of its Value in Seven Days
Bitcoin's dreadful year appears to be coming to a disastrous end: The world's largest cryptocurrency by market value dropped as much as 14 percent on Monday to $3,675 - and lost nearly a third of its value in the past seven days - as it's suffered one of the worst weekly selloffs in its history. Bitcoin has now plunged nearly
Two School Principals in China Were Busted For Mining Ethereum at Work
There's a lot of rules you could be caught breaking at school that will get you into trouble: Passing notes in class, sleeping during class, fighting, cheating on a test, smoking a cigarette in the bathroom, etc. But mining cryptocurrency on a middle school campus has got to be the most 2018 version of breaking school rules that could happen.
Winklevoss Twins Sue Former CEO of BitInstant Over Alleged Bitcoin Theft
Tyler and Cameron Winklevoss have sued Charles Shrem, the former chief executive of BitInstant, claiming that he used part of their 2012 investment to enrich himself, as the New York Times reports. The Winklevoss twins made a $750,000 investment in BitInstant in 2012 - the company was "one of the first prominent Bitcoin businesses in the United States," the Times
The Future of Cryptocurrency: A Chat With Elixxir CEO David Chaum
In the 10 years since "Satoshi Nakamoto" developed bitcoin and created the first blockchain database, companies like Elixxir have further revolutionized and specialized the digital currency's capabilities. With a focus on speed and security, Elixxir has enabled the processing of hundreds of thousands of transactions each second through the convenience of a smartphone app. The Founder CEO and founder, David
Hedge Funds Go All-In on Cryptocurrencies
With roughly two months left in the year - and an eleventh hour rally highly unlikely - it's probably safe to write off 2018 as a terrible year for cryptocurrencies. After soaring to record highs in 2017, the crypto market's losses this year are now reportedly worse than the dot-com crash, with Bloomberg even comparing Bitcoin's struggles to one of
Chart: 11 of the Biggest ICO ROIs of 2018
While 2018 has not exactly been a stellar year for cryptocurrencies - especially when compared to the record-setting highs of 2017 - there are still opportunities to be had in the digital coin space. Buy low, sell high isn't just smart advice for traditional finance, after all. With that in mind, here are the 11 biggest return on investments from
Pro Tip: Don't Falsely Claim Your Custodian is 'SEC-Qualified' For Crypto Transactions
When you consider the biggest no-no's that you could do as a financial services company trying to promote your product or service, you'd have to think that falsely making claims of endorsement from the Securities and Exchange Commission has got to be pretty high up there. This is especially true when you're promoting anything having to do with cryptocurrencies. Such
Coinbase is Now Valued at $8 Billion After Latest Fundraising Round
As expected, Coinbase has now reached an $8 billion valuation after wrapping up a $300-million Series E round, the company announced in a blog post on Tuesday. Asiff Hirji, president and COO of Coinbase, said in the blog post that the round was led by Tiger Global Management, with other funding provided by Y Combinator Continuity, Wellington Management, Andreessen Horowitz,
Coinbase Now Offers a Stablecoin Tied to the US Dollar
About a month after Circle launched its first stablecoin - known as the USD Coin or USDC - Coinbase announced in a blog post that it will now allow U.S. customers outside of New York to buy, sell, send and receive the USDC - making it the first stablecoin offered by the popular cryptocurrency exchange. Users will be able to
Advisory Group Recommends EU Regulate Most Crypto Assets Under Existing Securities Rules
When a federal judge in New York ruled last month that the U.S. government could proceed with a fraud case in which it alleges that an initial coin offering (ICO) is a security, it potentially gave the Securities and Exchange Commission an important precedent as it tries to solve a problem that is vexing regulators across the globe: How exactly