Tag: bitcoin

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Major Securities Firm Gives Its Shareholders Bitcoin Benefits

Japan’s Monex Group has become the latest financial company to offer its shareholders cryptocurrency benefits – and will become the first major securities firm to give out end-of-year bitcoin (BTC) benefits. Per an official announcement, Monex – one of the country’s biggest securities companies and the operator of the Coincheck crypto exchange – will award…
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BitMEX Says Its BTC 35K Isurance Fund Fulfilled Its Role During Market Crash

Major crypto derivatives exchange BitMEX says that their Insurance Fund did exactly what it was supposed to during the market crash. In their latest blog post, the exchange addressed questions from the traders related to the Insurance Fund, its role during the March 12 and 13 market turbulence, and why it wasn’t utilized during the…
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Bitcoin Reverses Losses After Fed Makes Unprecedented Move

Bitcoin (BTC), major altcoins reversed losses today after the U.S. Federal Reserve (Fed) announced unprecedented measures to support the economy. (Updated at 13:47 UTC: updated throughout the entire text) At pixel time (13:33 UTC), BTC trades at c. USD 6,283, and is up 3% in a day. Earlier on Monday, it was below USD 5,900…
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BTC-Friendly Senator Rand Paul Tests Positive For Coronavirus

A pro-Bitcoin former U.S. presidential candidate is the first senator to test positive for coronavirus. Rand Paul (R-KY) is the first U.S. senator to test positive for coronavirus. Paul also holds the distinction of becoming the first major U.S. politician to accept bitcoin donations in his 2016 presidential campaign. Libertarian views run in the family…
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HashCash Consultants to Launch ‘Corona Fund Index Cryptocurrency’

Blockchain firm HashCash Consultants has announced the upcoming launch of its ‘Corona Fund Index Cryptocurrency.’ HashCash Consultants plans to release the latest crypto asset promising profit potential amid the atrophying global economy and coronavirus catastrophe. On March 23, HashCash announced its upcoming “Corona Fund Index Cryptocurrency” (CFIX), which promises traders the opportunity to “earn profits…
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The Blockchain Africa Participants Optimistic About Continent Becoming Center of Progress

Several use cases for blockchain-based solutions in Africa could potentially drive the technology forward in a global context. The Blockchain Africa conference produced a swathe of optimism for Africa to become a driving force behind the development and use of new blockchain-powered technologies. Over the past few years, blockchain has replaced cryptocurrency as the “it”…
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Hive Blockchain Launched, HIVE Coin Listed – Is Steem-Sun Battle Over?

The Hive blockchain, a hard fork of the Steem (STEEM) blockchain, has officially launched last Friday, as the new home for the Steem community, while the new coin has been listed by two exchanges so far. However, it’s yet to be seen if this will put a full stop on the Steem – Justin Sun…
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‘Unlimited QE’ Pumps Bitcoin but BTC Price Remains Bearish Below $6.8K

Bitcoin has rebounded back above $6,000 as the Federal Reserve announced it will inject more money into the economy to curb fallout from coronavirus. The United States Federal Reserve announced a barrage of programs aimed to help the markets, with no limit. That means unlimited QE. Not only the crypto markets are showing a bounce,…
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Tezos Settles Legal Dispute, But It’s Not The End

After a lengthy battle in the California court system, the Tezos Foundation has announced that it has settled a lawsuit outside of court, thus avoiding any legal scrutiny of the Tezos (XTZ) 2017 initial coin offering (ICO). However, while the parties have agreed on the settlement, it’s still up to a federal judge to approve…
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Bidders Pay Up to 24% Less for MKR in Phase Two of MakerDAO Auction

As the inaugural MakerDAO debt auction comes to an end, $4.3 million in under-collateralized Dai will be burned, and bidders in the second phase bagged the biggest deals. As the first MakerDAO debt auction draws to a close, March 23, a total of $4.3 million worth of undercollateralized Dai (DAI) has been bid across both…
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