The QuadrigaCX failure has claimed another victim. More than 100,000 investors lost a combined $190 million in crypto as a result of the exchange’s comedy of errors that were exposed by the death of CEO Gerald Cotten. Investors were left grasping at straws for any hope of recovering the lost crypto funds, which were stored offline in cold wallets. One bitcoin trader, however, might just be kicking himself harder than anyone else. Greed Drove Trader to Gamble on QuadrigaCX On Jan. 28, Toronto-based cryptocurrency trader Bill Tsao moved $75,000 worth of BTC to QuadrigaCX, and his timing couldn’t have been

If Michael Avenatti is going to shakedown a Fortune 500 company, he shouldn’t memorialize the stunt in a tweet. For all his brilliance, attorney Michael Avenatti – who represented porn star Stormy Daniels – has found himself in a legal mess that requires a whiteboard to explain. He’s been charged with three different felonies by two different jurisdictions on opposite ends of the country in the same day. Lovely irony: Michael Avenatti just got indicted the Monday after Trump didn’t — Charlie Kirk (@charliekirk11) March 25, 2019 The allegations suggest Avenatti tried to swindle $20 million out of athletic apparel

Tron [TRX] slipped from the top 10 cryptocurrency list on CoinMarketCap owing to the bear market. However, the Tron Foundation is trying to make up for it by announcing a slew of technical developments and other activities. According to the present weekly report of the Foundation, the team added a data backup function on the […]

Corporate America is backing Donald Trump to win the 2020 presidential elections despite the overhang of controversy that follows him around. Wall Street finds it impossible to look beyond Trump’s results in terms of GDP growth and record levels of low unemployment. Though the president has spent much of his first term struggling with the worst approval ratings for any U.S. president since Richard Nixon, it seems the broader U.S. population is starting to get on the Trump bandwagon driven by impressive economic performance. Trump Enjoys Heightened Approval Trump appears to bluster his way from one crisis to another, but

Tether [USDT], one of the most controversial stablecoins of 2018, continued to gain the cryptocurrency market’s attention this year. From speculations and allegations over the coin not being backed by the U.S Dollar against its claims in 2018 to becoming a coin not being entirely backed by the U.S dollar in 2019, the coin made […]

The fourth largest coin on CoinMarketCap, Litecoin [LTC], breached the $60 mark, despite minor slip ups in the bull run. At press time, the coin held a market cap of $3.69 billion and was priced at $60.45. The digital silver registered a 24-hour trading volume of $2.01 billion. LTC exhibited a minor loss of 0.41% against the US dollar […]

The cryptocurrency market has seen a lot of ups and downs since the start of the bear attack which has directly affected the prices, market caps, and other metrics. Since the start of March, the prices have seen a slight increase with Bitcoin seeing a steady hold above $4000. There has also been a steady […]

Security token offerings (STOs) are expected to be the new initial coin offerings (ICOs). But with every hype, you also have to be careful that you are not being scammed by malicious projects and people who are trying to profit from gullible investors. In this article, I will give you some pointers on how to […]

Bitcoin has broken below its recently established trading range between roughly $4,000 and $4,100 that was formed a couple of weeks ago. Although BTC has been somewhat stable as of late, this lack of major volatility should not fool traders as the cryptocurrency typically makes a large price swing after long bouts of sideways trading....

Complaining about the Federal Reserve’s approach to monetary policy has been one of President Donald Trump’s favorite activities. However, as talk of recession picks up after a temporary inversion of the yield curve, Jerome Powell’s hawkish approach will be a tremendous asset to the U.S. globally. Meaningful stimulus can help put a floor under the Dow Jones as most of the developed world is stuck on interest rates around zero. No One Should Be Excited by a Fed “Pause” Trump was always the market-friendly candidate, but his decision to increase the deficit with tax cuts is going to require a

Women may be fearless, but they’re still discriminated against in the workplace. A new survey by the American Economic Association (AEA) reveals that the professional climate for female economists remains a bit chilly despite the strides that corporate America is making toward a more level playing field. The AEA canvassed tens of thousands of economists between year-end 2018 and early 2019, more than 9,000 of whom completed the survey. Results suggest that the field of economics has some work to do. We’re Way Behind Close to three-quarters of women economists polled have felt their work has not been taken as

In the latest segment of Let’s Talk Bitcoin, Bitcoin proponent Andreas Antonopoulos openly criticized the functionality and idea of JPM Coin. JP Morgan recently became the first US bank in history to create and test a virtual coin which represents a fiat currency. The JPM coin utilizes blockchain technology to enable instantaneous transfer of payments […]

Premier David Burt said that QuadrigaCX would never have lost its crypto wallet keys had it been registered in Bermuda, and not Canada

Rakuten Inc. just announced their intention to terminate “All Bitcoins Inc.” and launch their own “Rakuten Wallet” on March 30. Businesses launching crypto wallets is nothing new, following companies like Line, KIK and KakaoTalk. The news comes after Rakuten completed their filings as a virtual currency exchange company (VCEX.) The company stated: Rakuten Wallet will contribute to the sound growth of the market as a virtual currency exchange company and will further enhance security and provide enhanced services so that more customers can use it safely and with confidence. Rakuten will be filing another VCEX application for Rakuten Wallet in

In an effort to promote the widespread adoption of crypto, a team of developers have created a wallet that will allow its users to access digital currency services from within their favourite messaging applications such as WhatsApp. Using the Wuabit service users will soon be able to send, receive, trade, and perform other tasks relating...

Vitalik Buterin argues that crypto should move beyond the individualism associated with its early cypherpunk days and focus on creating radical, innovative social systems

Canadian Cannabis company Cronos Group’s stock recorded a daily high of around 9 percent after analysts predicted its revenue has increased by 500 percent over the past year, but ended up 6.76 percent higher based on the closing price on March 25. By the closing bell, the stock settled at $20.53 per share. Cronos Group […]

What do you do if you are the world’s most valuable publicly traded company, but your stocks are down, sales have plateaued, and your signature product line is not delivering barnstorming results as it used to? Do you invest in R&D to develop a stunning new product or feature that will get your sales and stock numbers back up? Do you find a new market segment to penetrate and deliver value to your shareholders? Or do you completely lose your mind and expand into every conceivable product category from streaming entertainment to financial services, in the hope that if you

A new report from Research and Market projects that blockchain spending in the United States will reach over $41 billion by 2025

It’s no secret that the past year has been an arduous one for Bitcoin and the entire crypto markets, and despite posting a slight recovery from its 2018 lows, BTC’s current price action is still dismal to say the least, and any talk of an imminent price surge remains nothing more than speculation. Despite this,...

Bitcoin SV, the eleventh largest cryptocurrency in the world, dropped after the price hike on 21 March. At press time, the price of the token was $65.29 and it fell by 1.77% against the US dollar. The market capitalization recorded was $1.15 billion, and the trade volume over the past 24 hours was around $78 […]

Crypto price aggregator CoinMarketCap says it plans to make a number of changes to address concerns that the site reports fake volume for Bitcoin, Ethereum, XRP and more than 2,000 altcoins. The influential site was called out by crypto index and beta fund provider Bitwise in a new report submitted to the SEC. Bitwise says its […]

Bitcoin Cash developer Amaury Sechet has left the Bitcoin Unlimited organization. He joined the company during the contentious days of 2017 because the Bitcoin Core fork was entertaining alternative implementations of Bitcoin, such as those with blocks larger than one megabyte. Bitcoin Unlimited was founded initially along the same lines as Gavin Andresen’s failed Bitcoin Classic project, which sought to increase the block size through a standard hard fork. Development Process Has “Serious Problems” Bitcoin Unlimited maintains versions of both Bitcoin Core and Bitcoin Cash. However, its Bitcoin Core implementation has not been updated since 2017, indicating they’re never going to

Leading cryptocurrency exchange OKEx will roll out its own blockchain in coming months

France isn’t at the forefront of blockchain adoption–at least, not yet. However, all that could be about to change. Paris Blockchain Week Summit from April 16-17, will be one of Europe’s largest events dedicated to blockchain professionals. It’s also the first of its kind to be held here, backed by the French Ministry of Economy and Finance. Paris Blockchain Week Takes Place April 13-19 April 2019 won’t only be a good time to visit Paris

The chairman and CEO of CME Group has stated that financial regulators will be unlikely to give a nod to crypto and are much more likely to approve of digital currencies backed by existing fiat currencies. Terry Duffy also said that cryptocurrencies such as Bitcoin will need such a regulatory green light for the industry...