Tag Archives: News

Moscow-based law firm Zheleznikov and Partners (ZP Legal) claims has put forward a proposal on how to recover up to 200,000 Bitcoin (BTC) stolen from the Japanese exchange Mt. Gox. The solution implies taking legal action against Russian nationals who received the stolen money.Mt. Gox HackMt. Gox was a Japanese Bitcoin exchange launched in July 2010. By 2013, Mt. Gox was handling over 70% of all Bitcoin transactions worldwide, as the largest bitcoin intermediary and the world’s leading...

English premier club Watford FC has decided to include Bitcoin logo as part of the brands on their kits. The Bitcoin logo is to appear specifically on their jersey sleeves to raise awareness of Bitcoin specifically and cryptocurrencies in general. This initiative is led by brand partner Sportsbet. In an announcement, Sportsbet’s head of marketing Justin Le Brocque Said:“The crypto community have been hugely supportive of us since we began, so putting the Bitcoin logo on the sleeve felt like a...

Currently, the world’s fourth-largest cryptocurrency by market cap is Bitcoin Cash (BCH) and has been for a minute. Even at this position and with a market cap of $5.37 billion, not a lot is usually heard about BCH compared to its “senior colleagues” like Bitcoin (BTC), Ether (ETH) and XRP. However, Roger Ver is planning to do something about all of that dormancy as there are strong plans by Bitcoin.com, to increase BCH adoption through a futures project.According to David Shin, the head of...

Photo: ShutterstockVoyage, a startup in the business of autonomous vehicles has just announced that it successfully raised $31 million in a recently concluded series B funding round. The round was led by Franklin Templeton but with other players like Chevron Technology Ventures, Khosla Ventures and Jaguar Land Rover’s InMotion Ventures were also in participation.Voyage was birthed out of education start-up Udacity, based in Silicon Valley back in 2017. The company quickly joined the long...

Photo: ShutterstockOver the last one month, cryptocurrency exchange Huobi has been flexing its muscles to launch its IPO. The latest filing documents suggest that Hubo is planning for a backdoor entry to the Hong Kong Stock Exchange (HKEX).The filing dated September 10, mentions Hong Kong-based electronics manufacturer Patronics Holdings Ltd. Huobi acquired this company last August and has renamed it to Huobi Technology Holdings Ltd. Upon its acquisition, Patronics transferred over 220...

Photo: ShutterstockEthereum Classic has completed its long-awaited hard fork named Atlantis. The network hard forked at block height 8,772,000 and implemented new upgrades to the blockchain.The #EthereumClassic network successfully upgraded today on block 8,772,000. This upgrade, nicknamed “Atlantis”, includes features on #SpuriousDragon and #Byzantium EIPs from the #Ethereum blockchain.https://t.co/lKHgphlNU9 via @MyEtherplan— Ethereum Classic (@eth_classic) September 12, 2019As Coindesk...

Cryptocurrencies and other digital tokens have always been opposed to fiat money for their inherent volatility. The reason for these constant fluctuations in prices lays in the fact that cryptocurrencies have no tangible backing. Despite fiat currencies are not backed by gold any more, their prices are still calculated against reserves and assets their government owns, while decentralized assets’ value is purely market based.During the whole history of mankind, there has not been anything...

The need and desire for a bitcoin-based exchange-traded fund (ETF) is growing stronger every day, and while the ETF may not be out yet, VanEck Solid X has, as it announced just over a week ago, released a product to satisfy that need somewhat while we all wait for a final decision from the Securities and Exchange Commission (SEC). That product has already made serious headway in the crypto community.VanEck Solid X Just Keeps Moving ForwardThe product is a fund designed to allow institutional...

In the world of business, you’ve either got it or you don’t. You either have what it takes to keep going and start more enterprises, or you’re a one-hit wonder (or not a hit at all). In the case of Bobby Lee, crypto entrepreneurism appears to be what he’s destined to do. Bobby Lee: Coming Back BiggerLee is famous for having created China’s first bitcoin exchange. China has had a very mixed relationship with cryptocurrencies, having banned foreign exchanges and initial coin offerings (ICOs) in...

Was Jeffrey Epstein into cryptocurrency? The alleged criminal made headlines several weeks ago when it was discovered he had committed suicide in his jail cell, but news is emerging that he may have contributed funds to MIT’s Media Lab and its Digital Currency Initiative (DCI). As a result, the Lab’s director Joichi Ito has resigned his position. Ito Out at MITThe DCI was developed roughly four years ago. Following the fall of Mt. Gox in Japan, bitcoin was incurring the worst bear period of...