Category Archives for "Crypto News"

Report: Huobi Overtakes Binance and OKEx in Commission Earnings

Cryptocurrency exchange Huobi has reportedly raked in a total of $483 million in commissions throughout 2018, more that the top two exchange by volume Binance and OKEx.  Half a Billion in Trading Fees According to a recent report by Korean media Sporbiz, China-based cryptocurrency exchange Huobi has raked in a total of $483 million USD in commissions […]

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ABN AMRO Trials Bitcoin Wallet Where Bank Holds Private Keys

Dutch bank ABN AMRO has unveiled cryptocurrency storage facilities which will see its clients able to deposit Bitcoin (BTC) alongside fiat currency. 500 Clients Trial Bitcoin Storage In what appears to be a marked change of stance on the sector, officials confirmed a trial was underway with 500 account holders on social media January 22. […]

Continue reading Launches New Educational Resource With Bitcoin Cash Report

Wallets Wallet provider has created a new educational tool to help newcomers to the cryptocurrency ecosystem access information on digital assets. The first report issued on its Blockchain Primers is an introduction to Bitcoin Cash (BCH). Also Read: The Daily: Huobi Downsizes, New OTC Desk to Launch in US Blockchain Primers, the popular […]

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Cryptocurrencies ‘Are a Threat’ But I’m Not Too Worried

Live from a snow-covered World Economic Forum in Davos, the IMF cuts the global economic growth outlook by 3.5%, the lowest in three years. Senior adviser to the Bank of England Huw van Steenis is leading their review of the future of finance, which he insists doesn’t include cryptocurrencies. Bank of England Advisor: Banks Must […]

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Important strides made by cryptocurrencies, otherwise creamed in 2018, offer hope to believers

Investors in digital currencies didn’t have much—if anything—to cheer about in 2018. The best-known cryptocurrency, bitcoin, BTCUSD, +1.97%  lost more than 75% of its value, the cryptocurrency that runs on the ethereum blockchain, Ether, ETHUSD, +2.87%  tumbled close to 90% and ongoing exchange hacks continued to dent the integrity of the opaque industry. But, in […]

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Review: The Ledger Nano X Adds Bluetooth and a Fussy Mobile App

Reviews There’s a lot to love about Ledger’s hardware wallets. There’s also a lot to loathe. From a design, manufacture, and presentation perspective, they’re a dream. From a software perspective, they’re capricious, prone to connecting and disconnecting on a whim. The new Ledger Nano X continues that tradition. Also read: Ledger Unveils Bluetooth-Enabled Hardware Wallet Nano […]

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Bitcoin Transferred More Than $3.2 Trillion in Value Last Year

Bitcoin’s (BTC) layer 1 transaction volume in 2018 was $3.2 trillion. Furthermore, over $2.2 trillionof Bitcoin was traded throughout last year – almost four times more than the amount traded in 2017, despite the falling prices.  $3.2 Trillion Transferred Despite Lower Price Twitter account Satoshi Capital Research (@chartingbitcoin) has shared some statistics of Bitcoin’s performance in 2018 compared to previous […]

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Cryptocurrency GIFs: Animations That Capture the Mood of the Markets

Featured The cryptocurrency ecosystem is filled with unique individuals with a penchant for sharing dank memes. Besides an arsenal of killer graphics that depict the current mood of the markets, they’re also equipped with a wide variety of animated GIFs to virally share across social media and messaging platforms like Telegram. Also read: Cryptocurrency Memes: The […]

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Executives of Korean Exchange Sentenced to Jail for Faking Volumes

Exchanges Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Prison Sentences Two executives of […]

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Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin Bandit’ for $81M

News The plaintiff in a $224M lawsuit against wireless carrier AT&T has turned his attention to a new target. Michael Terpin’s legal team have filed a second suit, this time against 21-year-old Nicholas Truglia, dubbed the “bitcoin bandit” by the New York press. The Manhattan resident, who was arrested on unrelated SIM-swapping charges in November, […]

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