Blockchain integration into the banking industry will raise the quality of banking services and improve the customer experience. Your bank, no matter how neo or how challenger, can’t bank Bitcoin (BTC). They could bank blockchain companies, adding value and providing services for the space, which would be good for both the bank and the clients,…
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New York asset manager Wilshire Phoenix has issued a damning response to the SEC’s rejection of its proposed Bitcoin ETF. Wilshire Phoenix, a New York-based asset management firm, has responded to the United States Securities and Exchange Commission (SEC) rejecting its proposed Bitcoin (BTC) exchange-traded fund (ETF). The firm states it is “very disappointed” by…
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Well known activist investor Elliott Management has called for Jack Dorsey to be replaced as CEO of Twitter. Billionaire investor, Paul Singer, is pushing for the removal of Jack Dorsey as CEO of Twitter. According to a CNBC article dated Feb. 28, the Elliott Management founder and activist investor is concerned about Dorsey’s time being…
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Will Malta continue to be a “blockchain island” or has it lost its way to the top of the ledger? Last week, the financial watchdog of Malta came forward with an unexpected statement. Apparently, Binance, a leading cryptocurrency exchange that had been enjoying a close relationship with local authorities, is not authorized “to operate in…
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Coronavirus keeps marching on the planet, drug dealers lose millions of dollars in BTC, while Tyler Winklevoss experiences his “Bitcoin pizza moment.” Check the bad crypto news of the past week The experts have had a rough few days. Anthony Pompliano, co-founder and partner at Morgan Digital Creek, spoke to CNN about Warren Buffett’s poor…
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US-based exchange Coinbase is being targeted by a new banking Trojan that steals Google 2FA Codes. ThreatFabric, an Amsterdam-based cybersecurity firm specializing in threats to the financial industry, has identified the “Cerberus” Trojan that steals 2-Factor Authentication (2FA) codes generated by the Google Authenticator app for internet banking, email accounts, and cryptocurrency exchanges. US-based cryptocurrency…
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After falling $1.4K in a week Bitcoin’s bullish trend appears extinguished but finding support at the 21-WMA could reopen the path to $10.4K. This week the equity markets experienced their worst week in 12 years and as this meltdown took place the crypto market also took a hit. Bitcoin (BTC) and the cryptocurrency market saw…
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Shortly after commencing mining, the CEO of US-based mining company Layer1 has stated that texas offers bitcoin miners the “cheapest power in the world” at scale. Alex Liegl, CEO of Layer1 Technologies, a US-based Bitcoin (BTC) mining company that recently announced its intention to repatriate 30% of Bitcoin’s hash power by 2022, has described Texas…
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The precious metal sees its worst day in seven years as the impact of coronavirus finally catches up with markets. Bitcoin (BTC) saw a difficult week as it hit one-month lows, but on gold markets, traders were nursing the biggest daily falls in over seven years. According to data tracking XAU/USD on Feb. 29, Friday…
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An ex-employee of crypto exchange Digitex has leaked KYC documentation for and claims to have data for over 8,000 users. An ex-employee of cryptocurrency derivatives exchange Digitex began leaking stolen Know-Your-Customer (KYC) on Telegram. The stolen data reportedly includes passport and driving license scans and other sensitive documentation pertaining to more than 8,000 Digitex customers. …
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