Cameron and Tyler Winklevoss, the founders of cryptocurrency exchange Gemini, want to see U.S. cryptocurrency trading platforms form a self-regulatory organization (SRO). The announcement from the brothers, best known for suing Facebook founder Mark Zuckerberg for copying their early version of the social network at Harvard and winning $65 million in court, came through a […]
Starting in June, Google will no longer allow any ads that feature cryptocurrency. Google’s new financial services advertising policy is cracking down on any products viewed as high risk, such as financial spread betting and rolling spot forex. Under the the new policy, no ad would be able to feature cryptocurrency, crypto exchanges or even […]
A company which promoted itself as the “next generation of Bitcoin” with no whitepaper, no team description, no utility for the coin in the market or the real world, and an only recently acquired Bahamian registration — but which did have the backing of 1980s action film Steven Seagal — has been shut down. The […]
The country of Cambodia might be looking to launch its own national cryptocurrency, according to international media reports. But local media in Phnom Penh paint a picture instead of a currency project in search of a so-far unwilling country. The Telegraph in London ran a story recently that suggested Cambodian leaders were signing on to […]
Hong Kong-based Binance, the world’s largest cryptocurrency exchange, is offering $250,000 for information that leads to the arrest of the “pump and dump” hackers who appear to have infiltrated the exchange in early March. Binance also allocated up to $10 million dollars to award informants in the event of future hacking attempts against the exchange. All potential Binance […]
What’s in a name? Perhaps a significant amount of market cap for cryptocurrency investors. As Bitcoin and other coins slid in value overnight, the question about the actual purpose of cryptocurrencies is more vital than ever. Cryptocurrency exchanges are now required to register with the U.S. Securities and Exchange Commission — if the SEC determines […]
Popular South Korean messaging app Kakao Talk is the latest to join the list of online communication firms jumping on the crypto bandwagon. Han Jaesun, co-founder and CTO of a startup accelerator FuturePlay, will lead the yet-to-be-named crypto firm as CEO, the chat giant said. The new venture will be a wholly-owned subsidiary temporarily named […]
Coinbase, the most popular cryptocurrency trading platform in the United States, soon will launch a crypto index fund for high net worth investors only. But the San Francisco startup has its eye on bigger game: A retail ETF available to mainstream investors. The index fund would grant investors the opportunity to put money into a […]
Colin Read, the Mayor of Plattsburgh, NY, will propose an 18-month moratorium on cryptocurrency mining while the city creates new zoning laws and regulations regarding non-residential energy consumption. The town’s two Bitcoin operations are soaking up excess cheap power from local hydroelectric plants, risking higher power bills for ordinary homeowners. Plattsburgh is a small town […]
Garrett Camp, the co-founder of ride-hailing service Uber, is working to launch his own brand of cryptocurrency. Camp’s proposed cryptocurrency project, which he has been researching for half a year now, will be called “Eco.” His grand vision for Eco is to create an affordable, borderless form of digital currency with instantaneous and effortless transactional […]
