Tag: Business

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Messari CEO: Cardano Has ‘Plenty of Room for Growth’

Messari co-founder Ryan Selkis says Cardano’s recent price surge is proof that staking isn’t dead preparing for the upgrade to Shelley. After Cardano surged to become sixth-biggest cryptocurrency by market cap last week, Messari co-founder and CEO Ryan Selkis still believes traders could buy and stake more of the altcoin. In his newsletter, Seliks said…
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Japanese Residents Have Cash to Spare, but Is It Going Into Crypto?

The Bank of Japan reported the supply of money stock in circulation increased 6% in June following the receipt of economic relief payments. Investors in Japan increased their crypto holdings during the early stages of the pandemic before the government issued economic relief payments.  According to a July 13 report from Japanese news outlet Nikkei,…
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Unitize Roundup: Top 10 Quotes From the Virtual Blockchain Conference

Vitalik Buterin, Heath Tarbert, Brock Pierce and many more — here are 10 memorable quotes to take away from five days of the Unitize virtual blockchain conference. The five-day Unitize virtual blockchain conference organized by BlockShow and San Francisco Blockchain Week ended with the final session on Friday. The event saw appearances from Heath Tarbert,…
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OCC Seeking to Remove Structural Barriers to Financial Inclusion

The OCC launched a project to identify ways to improve financial inclusion and remove barriers to credit access. The Office of the Comptroller of the Currency, or OCC, launched a project aimed to improve financial inclusion of underserved populations. Called REACh, which stands for Roundtable for Economic Access and Change, will bring together banking industry…
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Japanese Exchange Holdings of Bitcoin Surged During the Pandemic

Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic. The Japan Virtual and Crypto Assets Exchange Association (JVCEA) — a self-regulatory organization for the crypto industry in Japan — recently published a report on Japanese holdings of major cryptocurrencies in March.  169,376 BTC was held on Japanese exchanges, up more…
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Leaked Documents Suggest Former Wirecard Exec Was Linked to Secret Russian Gov Operations

Jan Marsalek reportedly bragged of ties with Russian intelligence services and touted secret documents about chemical weapons used in the UK. Wirecard’s recently-prosecuted former Chief Operations Officer, Jan Marsalek, may have had ties to Russian intelligence services. He also allegedly held secret documents about the use of a Russian chemical weapon in the U.K. According…
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Ukrainian Hacker Caught Selling Government Databases for Crypto

A Ukrainian hacker stole data in government databases and attempted to sell it for crypto. A Ukrainian hacker got caught selling confidential information gathered from Ukrainian central government databases.  According to a media release from the Ukrainian Cyberpolice, a hacker whose identity was not disclosed was able to break into many government databases by compromising…
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Uniswap’s Daily Volume Nudges $25M Despite Scam Token Concerns

Uniswap’s daily volume has rallied to nearly $25 million despite the spotlight on imposter tokens trading on the exchange. Daily trade volume on the decentralized exchange (DEX) and liquidity pool Uniswap has rallied to $25 million on the back of a strong first day of trade for the digital asset protocol Ampleforth’s AMPL. ETH-AMPL currently…
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New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds

New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds. A New York Supreme Court has found that veteran cryptocurrency exchange Bitfinex and its related stablecoin company Tether (USDT) must face claims they concealed the loss of…
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Dogecoin Margin Trading and Saving Accounts Now on OKEx

The announcement follows a Dogecoin marketing campaign that caused the coin’s price to surge 124% in two days. Cryptocurrency exchange OKEx launched saving accounts and margin trading for meme cryptocurrency Dogecoin (DOGE). According to an announcement shared with Cointelegraph on July 9, OKEx announced that leveraged spot trading, perpetual swap contract trading, and saving features…
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