The crypto custody sector is fast expanding. Until fairly recently, cryptocurrency storage options were binary: holders had to either store their coins and tokens on exchanges or on their own hardware wallet. Both choices left much to be desired for larger investors, which is why a number of high-profile companies are now offering to store…
According to a recent New York Times report, Facebook is diving into the crypto space in a direct way by creating a token of its own, reports CoinTelegraph. The report corresponds with an earlier jobs listing and suggests that Facebook hired up to 50 engineers, all of whom are working under the condition of privacy.…
A news digest of what happened in the crypto world in the past month, February 2019: Big Brands Jumping On Board JP Morgan launched its own cryptocurrency, JPM Coin, a move that surprised many given CEO Jamie Dimon’s prior opposition to cryptocurrency. Another financial giant, Nasdaq, added Bitcoin and Ethereum indices to its Global Data…
Recent high-profile Bitcoin “torch passes” on the Lightning Network have highlighted an issue that, for some, continues to pose a challenge for the cryptocurrency even after its explosion into the mainstream, writes CoinDesk. The very first comment written after the launch of the Satoshi network in 2008 had to do with the project’s scalability. It…
A major investment management firm that specializes in pensions and endowments, Cambridge Associates, remarked that cryptocurrency “may very well upend the digital world”, reports CCN. This comes on the heels of a growing trend among financial institutions. For optimists in the crypto space, the most important story in 2018 was that of institutional investment. The…
Since the financial crash of 2008-09, private banks have garnered some infamy for their malpractices and failure to provide security and stability for their clients. Last week, Wells Fargo found itself embroiled in a crisis that further boosted the argument for storing some of one’s wealth in crypto, reports CCN. On February 7, the 13th…
A news digest of what happened in the crypto world in the past month, January 2019: Ethereum’s Highs and Lows Ethereum (ETH) again regained the #2 cryptocurrency position after a rocky end of 2018, though it continues to jockey for this place with Ripple (XRP). Despite recent price blows, Ethereum on-chain transaction volume actually reached…
Although virtually everyone with internet access knows about Twitter, not as many are familiar with Jack Dorsey, the man behind the globally-renowned platform. Of those who know about Dorsey, even fewer realize that the entrepreneur is a crypto bull with a particular focus on Bitcoin. In a recent interview on a popular online podcast, Dorsey…
During the crypto boom in 2017, Nasdaq was among the companies that looked into the prospect of Bitcoin futures, along with other exchanges like Cboe and CME. Nasdaq’s plans for crypto futures have since been placed on ice, but the famed exchange is as bullish as ever when it comes to cryptocurrency, reports Bitcoinist. In…
In 2014, Overstock became the first major retailer to accept bitcoin as a form of payment. The move was unprecedentedly bullish for the crypto market, which was still fairly new and mostly propelled by passionate enthusiasts. In retrospect, Overstock’s decision seems almost prescient as the cryptocurrency inches closer and closer to becoming a mainstream payment…
