Category: Cryptocurrency

JPMorgan crypto may not be crypto

February 19, 2019

Wall Street analysts begin to call out the new JP Coin JPMorgan recently announced the introduction of its own cryptocurrency, the JP Coin. It was a surprise move by the financial powerhouse, considering how its CEO has repeatedly based crypto as being nothing more than a fraud. Now, Wall Street analysts have begun to take […]

Mobile gifting platform now supports crypto

February 18, 2019

Swych will now allow users to pay for gift cards using digital currencies If fiat shills want to argue that cryptocurrency has no real-world use, here’s a good example. The gift card platform Swych has announced that users can now pay for cards using crypto, giving them access to over 600 different retailers. The company […]

JPMorgan launches its own crypto

February 15, 2019

Jamie Dimon must have seen the light He has called cryptocurrency a “fraud” and a “scam” and has referred to those who trade the coins “stupid.” Now, Jamie Dimon, the CEO of one of the largest financial companies in the world, has tasked his company with developing its own cryptocurrency. JPMorgan is introducing the JPM […]

Cross-border Bitcoin payment sent without using the Internet

February 14, 2019

The transaction was completed using an unorthodox method Cryptocurrency may also be known as digital currency, but a crypto fan has figured out a way to send Bitcoin (BTC) without having to rely on the Internet or on satellite communications. This is a significant accomplishment, as it shows that money can be sent by means […]

Chainalysis picks up $30 million in funding round

February 13, 2019

The crypto-sleuthing firm continues to gain attention A company that specializes in monitoring blockchains and tracing cryptocurrency transactions has become popular with the crypto community, as well as investors. Chainalysis has made a name for itself by introducing new services that make it easier to follow crypto trails and has now completed a Series B […]

Bitcoin’s Lightning Network to be added to Square’s Cash App

February 12, 2019

The popular mobile payments platform looks to boost its capabilities with the Lightning Network The fiat and cryptocurrency mobile payments solution offered by Square, Cash App, is about to get a jolt of energy. According to a podcast that included Square’s CEO, Jack Dorsey, the platform is going to integrate the Lightning Network, the scaling […]

Crypto-stealing app pulled from Google Play

February 11, 2019

Clipper sought to steal Ether from unsuspecting users A new form of an old malware has been discovered that targets Android devices. The malware was hidden in plain sight on the Google Play store, until Google was tipped off and took it down. Clipper is a variation of another form of malware previously seen targeting […]

Bakkt exchange being faked to scam crypto

February 8, 2019

Someone tries to impersonate the exchange, gets laughed at by the crypto community A would-be scam artist thought he would be able to fool people into sending money to his cryptocurrency wallet addressed. He dressed himself up as the Bakkt crypto exchange and sent out an email discussing a new funding round for the ICE-created […]

Bitcoin could make a comeback with Wall Street investors

February 7, 2019

JPMorgan analysts expect more interest in cryptocurrencies to come on Wall Street Even though the cryptocurrency markets may be down a little right now, this most likely won’t last long. At least one market analyst sees a bright future for crypto and predicts that Wall Street investors could soon begin flocking to the space in […]

Huobi launches US gateway for international crypto trades

February 6, 2019

The Singapore-based exchange is looking to make an impact on Wall Street The Huobi cryptocurrency exchange based out of Singapore announced recently that it was launching a new sister company in the U.S. That company, HBUS, is a separate entity, but is funded by Huobi’s CEO, Leon Li. HBUS is looking to make Wall Street […]

Kraken makes nine-figure purchase of crypto futures company

February 5, 2019

The U.S.-based crypto exchange expands into Europe with a massive investment If anyone thinks that there isn’t money to be made in cryptocurrency, just talk to Kraken. The U.S.-based crypto exchange has made a sizable purchase of an outfit located in the UK as it looks to expand and capture a large chunk of the […]

Crypto concierge managed $250 million in transactions last year

February 4, 2019

The crypto winter isn’t giving The White Company the chills Many people may look at the extended cryptocurrency bear market as a sign that digital currency’s run may be coming to an end. To the contrary, things are just getting started and the lack of significant fluctuations is an indication of how the market has […]

Top cryptocurrencies for the week of February 1st

February 1, 2019

Although Bitcoin managed to hit new lows for 2019 this week, the world’s leading cryptocurrency is still worth more than it was on December 15th. That’s when it dropped below $3,200 before soaring above $4,250 just eight days later. Now that January is officially in the books, what happened in late 2018 might seem wholly […]

CBOE resubmits crypto ETF with the SEC

February 1, 2019

The exchange will try again to receive SEC approval Last summer, the Chicago Board Options Exchange (CBOE) sought to introduce a cryptocurrency exchange-traded fund (ETF) that would be offered through a partnership between Van Eck and GlobalX. It submitted the requisite paperwork to the U.S. Securities and Exchange Commission (SEC), then patiently waited for a […]

Ethereum has a new stablecoin, and it’s backed by Bitcoin

January 31, 2019

“Wrapped BTC” is now live on the Ethereum blockchain Last night, developers officially launched a new stablecoin that was first unveiled last October. “Wrapped BTC” (WBTC) is an ERC-20 token that was created from a collaboration between Kyber Network and Republic Protocol, both decentralized cryptocurrency exchanges, along with crypto custody company BitGo. It is billed […]

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