Coinbase CEO Brian Armstrong and the co-founders of Bitmain and Ripple have been included on Forbes’ rich list for 2020. There are more than 2000 billionaires on Forbes’ ‘The Richest in 2020’ list — but only a handful come from the world of cryptocurrency and none of them are named ‘CZ’. Only four entrepreneurs who…
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Due to the coronavirus pandemic, it’s time for the crypto community to drive innovation with new ideas for virtual conferences. As the global economy struggles to adapt to the rapid changes the coronavirus pandemic has forced upon the world, the virtual conference space is booming. The need to engage, communicate and expand our network has…
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Dutch retail brokerage platform BUX has launched cryptocurrency trading in 25 different European countries. In response to the growing demand for cryptocurrency trading, Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto. In a statement published April 8, the company announced that BUX Crypto is now available across 25 European countries.…
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Financial firm SoFi announced they had signed an agreement to purchase Galileo Financial Technologies for $1.2 billion. California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo. In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial…
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Russian authorities detained a group of online criminals that sold massive amounts of counterfeit banknotes on the dark web in return for crypto. Russian authorities have detained a group of online criminals that reportedly sold massive amounts of counterfeit banknotes on the dark web in return for cryptocurrencies. According to an April 7 report from…
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Have those eleven “class action” lawsuits filed against major players from the crypto space any chance of succeeding? On April 3, a massive deployment of lawsuits were filed against major crypto industry players across the globe. The eleven lawsuits were filed in the United States District Court for the Southern District of New York in…
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The lack of institutionalization within the crypto space is the main obstacle for its further development and mass adoption. If the current COVID-19 pandemic has exemplified one thing, it is that our individual actions have consequences for all of us. Unfortunately, human nature propels the majority of humankind to put its individual interests first, and…
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Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had a lacking business model, according to recent research. Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had deficient business models, according to recent research. Research sent to Cointelegraph by Chinese market research firm EqualOcean on March…
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Large charitable organizations embrace Bitcoin and other crypto donations as the usefulness of crypto in times of crisis emerges. In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms…
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Changes to Japanese regulations on crypto — the Payment Services Act and the Financial Instruments and Exchange Act — will be enforced on May 1. New laws for regulating cryptocurrencies in Japan will start to be enforced next month. The Payment Services Act (PSA) and Financial Instruments and Exchange Act (FIEA), two of the pieces…
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