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The death of the founder of the now-defunct Canadian crypto exchange QuadrigaCX, Gerald Cotten, earlier this year has resurfaced in the news as Miller Thomson LLP has requested the Royal Canadian Mounted Police to conduct postmortem autopsy on the body.Legal representatives of consumers of the bankrupt cryptocurrency exchange have requested
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A report published on Dec. 4 by Bitcoin (BTC) fund operator Grayscale suggests that 43% of investors interested in Bitcoin are women.The study involved 1,100 United States investors of ages between 25 and 64 surveyed between March 28 and April 3, 2019. All the respondents were involved in personal
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One of the most prominent cryptocurrency exchanges, BitMEX, is being sued for $300 million after it allegedly did not meet its equity and stiffed an investor.According to the lawsuit filed against the crypto company by Frank Amato and RGB Coin Ltd., who were one of the first seed investors of
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The price of gold jumped on Wednesday after two happenings in the monetary sector affected the ongoing market direction. The first is the inflation rate. The U.S. Bureau of Labor Statistics said on Wednesday the U.S. consumer inflation rate grew by 2.1% in September.The second one is considering the interest
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Nvidia, a technology company which designs graphics processing units for games, has been under fire for allegedly having deceived its investors regarding cryptocurrency mining. The company has recently responded by claiming that the case filed against them by the company’s investors is baseless and has asked the US judge handling
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Scammers targeted their network of victims through social media. After the victims sent funds, the suspects told them to wait as their investments grew three to four percent daily. But victims were not allowed to withdraw, the police alleged, and their money disappeared. Source
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Although TON investors were strictly forbidden to resell their allocations under the threat of losing their future grams, the secondary market, in fact, flourished, with multiple offerings from small exchanges, brokers and individual OTC dealers, as CoinDesk previously reported. Source
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Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional investors.According to an SEC filing that came into effect on Dec. 2, the New York Digital Investment Group LLC
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Blockchain is transforming the financial industry right before our eyes, with many market onlookers anticipating a complete replacement of existing payment, trading and banking infrastructures. Blockchain and finance seem like the perfect match, but there are other sectors, for which the technology may play a game-changing role. For one
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Institutional investors are pouring into bitcoin. Trading volume across top U.S.-regulated BTC futures markets is skyrocketing. Retail investors are losing interest in the pioneer cryptocurrency. The massive downturn that the cryptocurrency market experienced over the last week sent retail investors into “extreme fear,” according to the Crypto Fear and Greed Index (CFGI). Even
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