Company plans to spend $100,000 to $200,000 per investment Interests include ‘stablecoins’ and decentralized exchanges The best-known U.S. cryptocurrency exchange is forming Coinbase Ventures, a team that will focus on providing funding to crypto and fintech startups as the San Francisco-based company looks to nurture the development of new products and services “We’re not wedded […]

Four executives from two of South Korea’s cryptocurrency exchanges have reportedly been detained over alleged embezzlement of customer assets amounting to billions of won. Kim Ik-hwan, the CEO of Coinnest, and South Korea’s fifth biggest digital currency exchange is one individual that has been detained and questioned over embezzlement charges, reports Reuters. The remaining suspects involved […]

The vast majority of government officials still have little or no experience with cryptocurrency or blockchain technology. While some voices in the crypto community argue that regulating cryptocurrency defeats the purpose of crypto in the first place, many others see regulation as a positive thing for the industry in the long run. They believe that […]

Japanese online brokerage firm Monex is reportedly considering a buyout of Tokyo-based Coincheck, the cryptocurrency exchange at the center of the recent $530 million NEM theft. Japanese financial publication Nikkei is reporting an offer from online brokerage Monex Group to buy a majority stake in cryptocurrency exchange Coincheck. The offer comes ten weeks after the platform suffered […]

This week bitcoin prices bounced at the trendline forged approximately one half year ago at the same time as NVIDIA signaled support for crypto. NVIDIA CEO Jensen Huang spoke to Jim Cramer on Mad Money TV, suggesting that cryptocurrency was “here to stay” regardless of the fact that it’s not one of the company’s main drivers – […]

Ripple (XRP) has had a great week, even as the market continued its bearish trend into the weekend. As the crypto looks to end the bleak week on a strong run, the events of the last few days suggest the company behind the XRP token is doing well. Over the last four or five days, […]

A patent application filed by Ford describes a Cooperatively Managed Merge and Pass (CMMP) system that would allow drivers needing to travel quickly to use less congested lanes, and travel more freely, by paying other drivers in cryptocurrency. Other road users would move to slower moving lanes and allow a paying driver to merge or […]

In a strategy to protect the value its own currency against cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP), the Chinese Central bank has indicated plans of developing its own government regulated digital currency. The announcement was made on the website belonging to the Central bank of the People’s Republic of China. In it, it says […]

According to estimates, calculated by Bloomberg, the top ten cryptocurrency exchanges are bringing in as much as $3 million per day in profit. Considering that cryptocurrency did not even exist until 2009, profit at that level is absolutely astonishing compared to the historical development of other industries. It is easy enough to understand how cryptocurrency exchanges […]

The controversial debate with blockchain and cryptocurrency has been affecting this new market for the good, the bad and the ugly. More than ever, crypto giants including Bitcoin, have been fighting their way through stormy weather cringing from the blows. Yet a newcomer on the block, Lendo, a London based fintech start-up, has been sailing through with […]