Home > Status

Winklevoss Twins Fortune Doubles in 2019 Reclaiming ‘Bitcoin Billionaire’ Status

Tyler and Cameron Winklevoss, bitcoin (BTC) bulls and founders of the Gemini crypto exchange, have seen their fortune more than double to hit a combined $1.45 billion following the fresh crypto market surge. Bloomberg reported the news on June 27.As early investors in bitcoin, the twins' wealth now stands

Read More

UK Gov’t-Led Jurisdiction Team to Define Status of Crypto Under English Private Law

A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9.In the document, the United Kingdom Jurisdiction Taskforce (UKJT) stated that the existing legal uncertainty around the crypto industry is a

Read More

Ripple (XRP) Unbridled Rally (or Dump) Will be After Status Clarification

Ripple prices flat-line below 34 centsJake Chervinsky, a crypto lawyer, believes ongoing civil suit against Ripple will settle next yearVolumes low, averaging 15 million.Eventual clarification of XRP’s status will either cause a rally or a meltdown as owners liquidate their holdings escaping SEC’s incoming oversight. At the moment, prices are

Read More

Big Four Auditor Reveals Status Of QuadrigaCX’s Bitcoin Cold Storage

On February 5th, 2019, a press release by QuadrigaCX shocked the broader cryptocurrency community. With the death of chief executive Gerald Cotten, the Canadian exchange allegedly lost access to $190 million Canadian worth of cryptocurrencies held in cold storage, as Cotten left Earth with no succession plan. The late entrepreneur’s

Read More

Bakkt Focused on Bitcoin for its Nature, Liquidity and Legal Status.

Bakkt’s decision to postpone its Bitcoin (BTC) futures market caused disappointment in several members of the crypto community who were hoping to see a last bullish run in the prices of the popular cryptocurrency thanks to a possible increase in trading volume. However, despite the disappointment, Bakkt’s team has been emphatic

Read More

Japan’s FSA Grants Self-Regulatory Status to Crypto Industry

New reports from Japan confirm that the country’s financial watchdog has granted a self-regulatory status to the crypto industry.The decision will allow the Japan Virtual Currency Exchange Association (JVCEA) to bring new rules for Japanese crypto exchanges, as well as to sanction those that fail to comply.New Move Expected to

Read More