Gerald Cotten, founder of crypto exchange QuadrigaCX, purportedly stored paper copies of the exchange’s keys in a safety deposit box.
Bitcoin News
Bitcoin (BTC) is known as the first open-source, peer-to-peer, digital cryptocurrency that was developed and released by a group of unknown independent programmers named Satoshi Nakamoto in 2008. Cryptocoin doesn’t have any centralized server used for its issuing, transactions and storing, as it uses a distributed network public database technology named blockchain, which requires an electronic signature and is supported by a proof-of-work protocol to provide the security and legitimacy of money transactions. The issuing of Bitcoin is done by users with mining capabilities and is limited to 21 million coins. Currently, Bitcoin’s market cap surpasses $138 billion and this is the most popular kind of digital currency. Buying and selling cryptocurrency is available through special Bitcoin exchange platforms or ATMs.
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by Aaron Wood
A founder of Chinese mining pool Poolin predicted that the price of Bitcoin could reach nearly $740,000.
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New legislation introduced in Indonesia recognizes cryptocurrencies as trading commodities and gives legal certainty to crypto exchanges.
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Some experts predict the downfall of tokens with no clear use cases, while touting Bitcoin as a clear winner in the long run.
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by Helen Partz
Crypto markets continue trading sideways, Bitcoin keeps holding its weekly momentum.
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by Ana Berman
Argentina settles agricultural chemicals export deal worth $7,100 with Paraguay, accepts payment in Bitcoin.
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Terry Duffy said that until governments start to accept cryptocurrencies, it will be very difficult for major commercial banks to get involved.
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by Ana Berman
One of the largest Brazilian banks, Bradesco, will close the accounts of cryptocurrency exchange Bitblue and its owners.
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by Ana Berman
The Liechtensteinian postal service will offer crypto exchange service in one of its offices in Vaduz starting this week.
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The latest crypto investment report from Grayscale Investments reveals that capital inflow from institutional investors is on the rise.
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The company blamed the continued suppression of Bitcoin prices and associated profitability issues in the mining market.
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The company posted an overall 21 percent annual earnings increase compared to the same time last year.
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Cryptocurrency exchange OKEx has launched Thai Baht trading support to its client-to-client platform.
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The chief financial officer of crypto exchange Binance — currently the world’s largest by daily traded volume — has said business remains profitable, despite th...
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Brian Quintenz, a Commissioner at the U.S. CFTC, has argued against the notion that potential price manipulation should be a barrier to the SEC’s approval of a ...
- Report: QuadrigaCX Founder May Have Stored Private Keys on Paper in Safety Deposit Box
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