Crypto news

The QuadrigaCX scandal was a landmark case that became a red flag for the entire cryptocurrency community. The aftermath of it, however, isn’t over. Securities regulators in Canada are now preparing to clamp down on cryptocurrency exchanges which take custody of digital assets.QuadrigaCX Aftermath: CSA Publishes A NoticeThe Canadian Securities Administration has issued a staff notice on January 16th which details how cryptocurrency exchanges will be treated. More specifically, the note makes...

Fortune loves to make different kinds of lists for any kind of topic, but this list is a rather interesting statistic. From all the business industries in San Francisco, Fortune listed 35 best workplaces in the Bay Area and Ripple is one of them. Excited to be recognized as one of @FortuneMagazine’s #BestWorkplaces in the Bay Area 2020! https://t.co/ope8KXIRDc— Ripple (@Ripple) January 16, 2020Most of the 35 companies included in the Best workplace list are Information technology companies...

The last year of 2019 proved magical for the venture capital firm and crypto-asset manager Grayscale Investments. Recently, the company released its “2019 Digital Asset Investment Report” registering a record-breaking $600 million investment in a single year.The record-breaking yearly performance was the result of a record-breaking Q4 2019. In the last quarter of 2019, Grayscale garnered $225 million in different investment products, clearly hinting at a larger market trend.Besides, the...

The U.S. Digital Dollar concept is being pushed by the former CFTC chairman J. Christopher Giancarlo. Reports indicate that he, Daniel Gorfine and Charles Giancarlo are planning to do this privately. Daniel Gorfine is the former LabCFTC director. Charles Giancarlo is an investor. They have decided to form the Digital Dollar Foundation. It is a non-profit initiative in association with Accenture. They also have plans to work with various professionals to achieve this. They plan to work towards...

Recently, Hong Kong saw setting up a new fintech startup Two Prime that focuses on the financial application of crypto by introducing a diversified investment model. As a new startup, Two Prime is trying to surprise the world and offer ingenious ideas. Yesterday, the firm announced the launch of FF Accretive Token (FF1) which is ‘a brand new asset crypto class’. According to the company, Two Prime’s FF1 Token combines the features of a close-ended fund, asset-backed token, and a secure store...

The potential ruling on the ongoing Ripple class action lawsuit about XRP is important but will do next to nothing for the asset’s proper classification. Regardless of this, the XRP community – and maybe the crypto world at large – is still waiting patiently for an official end to the legal proceedings.Ripple Class-Action LawsuitIn 2018, a few XRP investors filed a lawsuit against Ripple. The litigants claimed that Ripple issued and sold XRP to them, even though it knew the asset is an...

Ripple, the company widely associated with XRP cryptocurrency, spent $170,000 in the first nine months of 2019 on the American government to shape crypto regulation in the world’s economic powerhouse. This is known from the information published by the Center for Responsive Politics.Data sourced by the Washington D.C.-based non-profit organization from the Senate Office of Public Records reveal that the cryptocurrency firm used the money to lobby the Executive Office of President Donald...

Gemini crypto exchange was founded by Tyler and Cameron Winklevoss. The company has announced that it has set up its in-house insurance company Nakamoto Limited that will protect its clients against any probable loss of coins stored in its offline vaults. Reportedly, the company has offered a possibly record-breaking $200 million coverage limit for Gemini Custody.Announced on January 16, the captive insurer will cover customers of the crypto cold storage service operated by Gemini Trust...

Schweizer Spitäler testen Blockchain: Die Lieferkette für Medizinprodukte wird damit digitalisier- und rückverfolgbar Erstmals wurden Bestellungen von Medizinprodukten über die Blockchain erfolgreich abgewickelt. Das Kantonsspital Winterthur, das Kantonsspital Baden, das Universitäts-Kinderspital Zürich und die Spitalregion Fürstenland Toggenburg haben zusammen mit den beiden Medizinprodukte-Lieferanten Anandic System Medical AG und ITRIS...

Google‘s parent company Alphabet has hit a new milestone with its market hitting one trillion dollars. Google’s is the fourth global company to attain this feat just after Sundar Pichai became the CEO of Alphabet in December 2019.On Thursday, January 16 closing, the Alphabet stock was trading at $1450 with its market cap striking $1 trillion. In the last year, Alphabet’s stock has surged nearly 50% giving handsome returns to the investors. Thus, Alphabet stock was a shining start in 2019’s...