Even at this point in Bitcoin’s evolution, it’s still relatively rare for cryptocurrencies to hit mainstream news headlines unless volatility reaches dramatic extremes. It’s even more extraordinary for blockchain apps to get picked up by the global media. Cryptokitties is one of those rare exceptions. When it launched in December […]
A new report shows India’s regional internet shutdowns in 2020 cost its economy approximately $2.8 billion, making it the country that suffered the most damage from internet manipulation by a government last year. Internet shutdowns, or the intentional disruptions of internet access or electronic communications targeting a specific location or […]
Vidente, a major shareholder in Bithumb Korea, has officially denied the reports of a possible takeover of the South Korean cryptocurrency exchange by gaming giant, Nexon. As reported by The Korea Times, Vidente debunked claims on its possible partnership with Nexon in a regulatory filing on Friday, only a day after […]
It’s been almost 10 years since DeFi has stepped on the stable ground of finance to change the trajectory of its progression once and for all. Since its beginning, many projects spectacularly evolved being destined for a brilliant future, even threatening to cannibalize what we know now as centralized exchanges. […]
Major cryptocurrency exchange Coinbase has acquired the Routefire platform for enhanced trade execution. In a Jan. 7 blog post, Routefire CEO Jason Victor announced that the team would now be developing its execution services for Coinbase, while thanking users for their support over the last three years. Routefire started in […]
US-based cryptocurrency exchange, Bakkt is planning for a public listing with a merger with blank-check acquisition firm VPC Impact Acquisition Holdings, and the two companies are already in advanced talks, Bloomberg reported on Friday. Founded in 2018 Bakkt is owned by New York Stock Exchange (NYSE) parent Intercontinental Exchange (ICE). […]
Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies. In a Twitter thread addressing what he described as “5 key questions”, the CEO strongly denied the “SEC’s unproven allegations” and claimed his firm […]
Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman Lee Jung Hoon, […]
Bitcoin has seen some wild price action today, setting new all-time highs before facing a 10% pullback that took place over the span of a few minutes This pullback was short-lived and has mostly been erased in the time since This type of volatility is to be expected in bull […]
Major cryptocurrency exchanges, Coinbase and Kraken have restored back their normal operations after having been inaccessible for hours on Thursday. As Bitcoin smashed through $40,000 to hit a new record high, this led to unprecedented traffic that crippled the exchanges’ servers, akin to a DDoS attack. Issues cropped up today, […]
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