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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20


Tesla Worries Wall Street as Employees are Blindsided by Store Closures

Last week, Tesla CEO Elon Musk slashed the price of the Model 3 to $35,000 as a part of a larger strategy to compete against conventional car makers and increase profitability. In a letter sent to employees, Musk disclosed that the company generated its first profit in the third quarter of last year and will prioritize financial stability in the years ahead. дальше »

2019-3-5 16:41


Tightlipped Crypto Trading Giant Circle is Looking to Raise over $250 Million Per CEO Statements

The effects of a slowing economy are the fairest, they hit everyone equally. The downward trend that the crypto market experienced last year has been cruel in equal measures to all. This has caused some companies to face the stark realities of major restructuring or shutting down. Most have followed the former to stave off […] дальше »

2019-3-3 20:54


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Square Reports Biggest Bitcoin Revenue To Date At $52M

Square, the payment network from Twitter CEO Jack Dorsey, turned more Bitcoin revenue in Q4 2018 than at any time since it began support for the cryptocurrency. Q4 Beats Bitcoin Record Data from the company’s Q4 earnings report this week confirmed its Bitcoin sales topped $52 million, beating Q3’s $43 million and far outstripping the $37 million from Q2. дальше »

2019-2-28 11:00


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The first self-driving car by 2020: just another lofty promise?

It seems we have another ambitious promise from a leader in the autonomous vehicle industry. Earlier this month, Elon Musk, CEO of Tesla and a bunch of other futuristic startups, said that he anticipates completion of fully autonomous technology by the end of 2019, with their self-driving vehicles being so advanced in 2020 that the driver can basically take a nap. дальше »

2019-2-28 00:23


Zuckerberg’s ‘blockchain login’ plan makes absolutely no sense

Facebook CEO Mark Zuckerberg is exploring the possibility of leveraging blockchain technology for the company’s third-party login services. In an interview with Harvard Law Professor Jonathan Zittrain on Wednesday, Zuckerberg said a move from the existing centralized Facebook Connect to a distributed system could empower users and app developers alike. дальше »

2019-2-21 16:02


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Bitcoin Price ‘Hit Equilibrium,’ Says Mike Novogratz

The Bitcoin price is “grinding along” at the bottom of its range but could easily hit $8000 by the end of the year, Galaxy Digital CEO Mike Novogratz said as sentiment picks up. Novogratz: $3400 – $3600 Is ‘Equilibrium’ Speaking to Bloomberg at a conference in Abu Dhabi February 13, Novogratz reiterated his continued faith in Bitcoin’s forthcoming return to form, along with its supremacy over other cryptocurrencies. дальше »

2019-2-15 23:00


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Bitcoin Cash Spoils XBT Provider AB’s Plans for a Crypto ETP

XBT Provider AB planned on launching an exchange-traded product (ETP) in the form of a cryptocurrency basket last year but backed out because one of those cryptocurrencies spoiled the party. Can you guess which one?  As suggested by a report from Bloomberg, XBT CEO Laurent Kssis “didn’t have a clue” about the potential for a Bitcoin Cash (BCH) hard fork — which happened late last year — despite getting the green light from Swedish regulators Read More The post Bitcoin Cash Spoils XBT Provider AB’s Plans for a Crypto ETP appeared first on Bitcoinist.com. дальше »

2019-2-14 10:00


Casa CEO Says Square Cash App Adding Lightning Network Support Would be Huge

The Lightning Network (LN) seems to be having a good moment in social networks. The founder of Twitter Jack Dorsey has been giving several positive comments related to the LN and Bitcoin (BTC). During the last year, the development of this second layer scaling solution for Bitcoin has experienced impressive growth. Now there are more […] дальше »

2019-2-12 02:22


5 Suspicious Factors about Bitcoin Exchange QuadrigaCX and its $150m in Missing Crypto

Bloomberg just reported that QuadrigaCX CEO and founder Gerald Cotten legally changed his will just 12 days before his death on December 9. This fact is just the latest in a string of interesting elements regarding the Canadian Bitcoin exchange’s sudden closure and supposed $150 million in missing crypto funds. дальше »

2019-2-6 00:54


KIK CEO Gears Up to Take on the SEC Over the Kin Cryptocurrency Token ICO, Worth $100 Million

KIK CEO Ted Livingston is challenging the SEC’s treatment of the firm’s native token which was released last year. In September 2018, $100 million worth of Kin tokens were sold to the public. However, according to Livingston, the enforcement division of the Securities and Exchange Commission believes that Kik issued an unregistered currency, a claim […] дальше »

2019-1-28 17:28