Cryptocurrency Analysis and News Portal
Fortress has reportedly issued a new – and lower – buyout proposal for claims from the creditors of defunct cryptocurrency exchange Mt. Gox. According to a one-page proposal obtained by Bloomberg, Fortress is offering Mt. Gox creditors 70 percent of their account value. Based on the current price of
Read More20 December 2019 A blog by Simon McDougall, ICO’s Executive Director for Tech Policy and Innovation In June we issued our Adtech Update Report
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Cái Mép International Terminal (CMIT), located in Ho Chi Minh City, Vietnam, announced Dec. 19, that it had joined the TradeLens blockchain platform.CMIT is one of the largest terminals in the Cái Mép-Thị Vải deep-water gateway port complex, providing a direct link from Vietnam to European, North American and
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KuCoin, one of the leading cryptocurrency exchange and trading platform has announced an improvement to its Bitcoin Perpetual Contract by increasing the maximum available leverage. In a recent announcement, the platform confirmed that users on its KuMEX (KuCoin Mercantile Exchange) platform can now avail maximum leverage of 100x, which is
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Brian Amstrong, the CEO of Coinbase, has patented a system that allows users to transact Bitcoin (BTC) directly using email.First filed in March 2015 and awarded by the United States Patent and Trademark Office (USPTO) on Dec. 17, the method enables users to make Bitcoin payments using email addresses
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German stock exchange owner Boerse Stuttgart Group and Japanese financial giant SBI Group are teaming up on a joint initiative to expand their digital assets businesses internationally.The two firms said in a press release on Friday that they will establish a partnership in Europe and Asia, including Japan, with the
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Watchtowers, a semi-trusted payment channel sheriff, will keep the peace among lightning nodes. The new feature is likely to be implemented in the coming months.Spearheaded by Blockstream’s c-Lightning team, the Watchtowers are part of Eltoo, a proposed enforcement layer for the lightning network.“A Watchtower is basically outsourcing the penalizing of
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An unknown investor sold more than $10 million worth of bitcoin at the price of $7.125 on BitMEX, the biggest cryptocurrency margin trading platform.Yet, the bitcoin price is currently holding firm at $7,135. It suggests that the market absorbed the 8-figure dump relatively quickly.BitMEX $BTC Whale:$10,000,000 worth of #Bitcoin sold
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Bitcoin (BTC) held on to $7,000 support on Dec. 20 as a major sentiment indicator revealed investors were still highly panicked by current price action.Cryptocurrency market daily overview. Source: Coin360Bitcoin surpasses 2018’s “extreme fear”Data from Coin360 and CryptoX Markets showed BTC/USD repeatedly test the $7,000 barrier on Friday, each
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Binance, the second-largest crypto exchange by daily traded volume, has made a strategic investment in crypto derivatives exchange FTX.According to a Dec. 20 announcement, Binance has made both an equity investment in FTX and is taking a long term position in the exchange’s native asset, FTX Token (FTT). “Positive competition”Within
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