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Tag Archives: Crypto

Coinbase CEO: Economic Crises Will Strike in Next 3-5 Years, Driving Crypto Adoption

Impending economic crises could kick-start cryptocurrency adoption, according to Coinbase’s CEO Brian Armstrong. In an interview with Bloomberg, Armstrong detailed the founding of the cryptocurrency brokerage giant. He went on to predict economic crises around the world taking place over the next 3-5 years. He believes that this could spur organic adoption of cryptocurrencies as the people flock to a ...

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Investor Files Lawsuit Against AT&T Over Hack That Allegedly Lost Him $24 Mln in Crypto

An U.S. investor has filed a $224 million lawsuit against telecoms giant AT&T over alleged negligence that he claims caused him to lose $24 million in crypto, CNBC reports August 15. Plaintiff Michael Terpin has reportedly filed a 69-page complaint with the U.S. District Court in Los Angeles against his erstwhile telecoms provider, alleging that $24 million in cryptocurrency was ...

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South Korea’s Crypto Industry More Optimistic Than Ever Despite Bear Market

Throughout the past two months, investors in the local crypto market of South Korea have continuously expressed their optimism towards a drastic change in the regulatory landscape of crypto. Since early February, the crypto market has endured the third-worst correction in its history, experiencing a 78 percent decline in price. Despite the bear market, the cryptocurrency industry of South Korea ...

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‘It Will Take Time’ for Wall Street to Make Crypto Jump

Crypto exchange Gemini CEO Tyler believes “it will take time” for the majority of Wall Street to enter the cryptocurrency sector. The Winklevoss brothers also said they won’t be slowing down anytime soon after the Securities and Exchange Commission (SEC) rejected their proposal for a Bitcoin ETF recently, speaking in a Bloomberg interview. It’s been a tough period for the ...

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McAfee’s ‘Unhackable’ Crypto Wallet Hacked

When John McAfee described the Bitfi crypto wallet as unhackable, it quickly drew many people’s attention. For users in constant fear of having their crypto assets stolen by cybercriminals, it was reassurance. For computer experts, however, McAfee’s proclamation was taken as a challenge. Less than two months later, a number of people have emerged claiming to have cracked the ‘unhackable’ ...

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LINE Launches $10 Million Token Fund, Lists TRON on Crypto Exchange

Japan’s largest messaging app LINE has established a new corporate token venture fund with $10 million in capital for startups in the blockchain and crypto industry. With over 600 million registered users and 200 million monthly active users worldwide on its messaging app, Japan’s LINE announced its entry into the cryptocurrency space after filing to register and launch a crypto ...

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Bitcoin (BTC) Price Watch: Bullish Divergence Spotted

Bitcoin Price Key Highlights Bitcoin price is still hovering above the long-term support around the $6,000 area. A bullish divergence can be seen, suggesting that a bounce may be in order. Moving averages, however, still indicate that more losses are in the cards. Bitcoin price is still testing the long-term floor, and a bullish divergence signals that a bounce may ...

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Jamaica Stock Exchange to Introduce Crypto and Tokens Trading via Canadian Fintech Firm

The Jamaica Stock Exchange (JSE) has selected Canadian fintech company Blockstation to facilitate the trading of digital currencies and tokens on the JSE, according to an August 14 press release. Upon implementation of the project, JSE will provide trading, quotes, execution, and settlement services for cryptocurrencies and tokens. Kirk Brown, Head Trader for a broker member of the JSE, underlined ...

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