Cryptocurrency Analysis and News Portal
Crypto bull runs often result in developments that often seem a bit farfetched, but at the end of the day, almost everyone wants to cash in on the phenomenon. It happened in 2017, and it is happening once against in 2019 as Bitcoin led the massive crypto surge in the
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Algo Capital has raised $200 million — twice its original $100 million goal — for its Algo VC fund. According to a press release shared with CryptoX on Aug. 27, the new fund will focus on investments in businesses that will help build infrastructure for the Algorand blockchain — an
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According to a report from the U.S. Attorney’s Office for the Central District of California, the crypto exchange and ATM operator Kunal ‘Kumar’ Kalra – also known as ‘coinman’ and ‘shecklemayne’ – recently pleaded guilty to four counts of federal criminal charges.The 25-year old Kalra has confessed that he has
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A Los Angeles man pleaded guilty to running a $25 million Bitcoin (BTC) money laundering scheme and sale of methamphetamine.Possible life sentenceNews outlet U.S. News reported on Aug. 23 that 25-year-old Kunal Kalra has pleaded guilty to charges including money laundering and distributing methamphetamines. Per the report, he could
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Bitcoin’s (BTC) best-known names are currently playing a guessing game after one of the industry’s most controversial Twitter accounts changed its views overnight.@Bitcoin switches from Bitcoin.com to Bitcoin.orgMultiple users, including Reddit’s r/Bitcoin Subreddit moderator, BashCo, are supplying theories to explain the behaviour of the @Bitcoin account. @Bitcoin has almost one
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VeganNation, has closed on a $10 Million funding round from private investors and is ready for the global debut of the VeganNation platform on webapp, iOS, and Android. VeganNation is the first ecosystem of vegan activists working together to make a positive impact on the environment. The platform uses Blockchain
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Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%.Nexo announced the completion of its dividend payments in a press release on Aug. 16. According to the press release, Nexo has a user base
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Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App.According to an announcement published by Zcoin on Aug. 15, over 50 million users of Satang App can now use Zcoin at local merchants both in-store and
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A major power utility firm in Malaysia, Tenaga Nasional Bhd (TNB), has cried out following a huge lose it has recorded in the past months. TNB’s record shows that over $25 million was lost to Bitcoin(BTC)trade miners as of June this year.According to the report, TNB noted that some cryptocurrency
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The Takeaway: QuadrigaCX’s former users are running out of patience with Miller Thomson and EY, the court-appointed companies tasked with recovering their missing funds. The users want more transparency into EY’s investigation of Quadriga’s missing funds, as well as a
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