Recent Posts
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Nikola Shares Surge 45% after GM Takes 11% Stake
On Tuesday, Nikola’s shares saw an increase of 45% after General Motors’ announcement of buying an 11% stake in the electric truck maker. GM also stated that they would produce […]
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Dollar Gains Due to Holiday while Pound Slides Amidst Brexit Woes
On Monday, in early European trade, the dollar was trading higher whereas disappointing German industrial production data caused the euro to weaken. The increasing risk of a messy end to […]
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Payments More Efficient with Blockchain; Industry Leaders
According to experts in the crypto industry, mainstream financial service providers, such as PayPal, Visa, and MasterCard might be one of the first to introduce crypto payment cards. There is […]
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$130 Million BTC Longs Liquidated on BitMEX with Price Drop
On Thursday, there was a huge price dip in Bitcoin (BTC), which prompted a cascade of liquidations on derivate exchanges, such as BitMEX and Bitfinex. The US stock market also […]
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LedgerX BTC Derivatives Exchange is Moving Beyond Crypto Offerings
Recognized as a crypto derivatives exchange and clearinghouse based in the U.S., LedgerX is doing something different. Most of the players within the traditional finance industry are making their move […]
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OKEx and Bitrue to Add CeFi and DeFi Options
Bitrue and OKEx, two heavyweight crypto exchanges have announced that they would start offering both centralized financial options (CeFi) and decentralized financial options (DeFi). These plans were announced by both […]
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Ledger’s CTO Discusses Safety of Wallet after Multiple Setbacks
One of the most popular hardware wallet providers in the cryptocurrency industry, Ledger has had to deal with numerous difficulties in the past few weeks. This includes a breach in […]
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Swiss Retail Giant Supporting Payments in Local Stablecoin
Sygnum, local crypto banking service has announced that it has entered into a partnership with one of the largest retailers in Switzerland, Galaxus, for developing an electronic payment system. The […]
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21 Bitcoin Mining Farms Stripped of Electricity Perks in Inner Mongolia
A clampdown by the local government resulted in more than 20 Bitcoin mining farms having their electricity perks stripped off in China’s Inner Mongolia. On August 24th, a document was […]
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South Korean Police Shut Down Bitcoin Exchange Amidst Wash Trading Allegations
Law enforcement authorities have shut down one of South Korea’s largest cryptocurrency exchanges, Coinbit, amidst severe allegations of wash trading. The company was forcefully made to shut down its operations […]
