Investor News on Digital Currencies
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Some industries change rapidly while others take their time to adapt to new technology. Traditional advertising, specifically traditional OOH (out of home) advertising, still conjures Mad Men style images of cigarette holding, suit-wearing men strategizing billboard ad copy. As many industries continue…
Institutional-focused crypto exchange Seed CX is launching a new wallet solution aimed at adding security and transparency for its customers. The company, which raised $15 million in funding last fall, announced Thursday that its new wallet features on-chain settlement, and provides each…
It’s not a bear market for everyone. “A crypto winter for the price is a crypto summer for attorneys,” said Jason Civalleri, adjunct professor at the University of New Hampshire Law School. “As the price sinks, you have a lot of demand…
Venezuela is pushing back against U.S. sanctions before the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. The complaint, filed late last month and published this week, addresses a number of actions taken by the U.S. in recent years,…
Stockholm-based startup Bitrefill now offers a way to mitigate bitcoin’s expensive learning curve for new users. Revealed exclusively to CoinDesk, Bitrefill’s new Thor service allows people to give lightning channels to someone else with no setup on the recipient’s side. Lightning was created…
Crypto exchange ShapeShift has announced a round of layoffs, citing a range of difficulties including a tough market climate. In a blog post published Tuesday, CEO Erik Voorhees wrote that the startup had laid off 37 employees, or a third of its…
The Stellar Lumens (XLM-USD) Bitcoin (BTC-USD) trading pair (XLM/BTC) had itself, up until Jan. 7, in a falling wedge pattern, setting the template for a quick bounce to the upside. The question is what happens after this bounce in ratio and the…
Shenzhen-based miner manufacturer Linzhi has published a statement in response to a “tentative” decision, made by ethereum developers Friday, to block specialized hardware, or ASICs, from securing the platform in exchange for rewards. This would involve the implementation of “ProgPoW” in an upcoming…
Past performance is no guarantee of future results, but when history repeats it can be difficult to ignore the potential implications. Such is the case with price chart of ether, the ethereum network’s native cryptocurrency. Since Sept. 2018, the price chart of…
San Francisco-based cryptocurrency exchange Kraken has said that the cost of handling government subpoenas is fast becoming a “barrier to entry” in the U.S. On Saturday, the exchange tweeted an infographic from its “2018 Transparency Report,” indicating that the law enforcement and…