Crypto ETP volumes plunge while demand for stablecoins keeps growing September 29, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved from around $10,700 to a $10,250 low before moving sharply up to test the $11,000 mark. A breakout above $11,000 failed and BTC is currently trading around $10,850. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week around $360 and just like [...]
Crypto will never hit critical mass until cybersecurity improves September 29, 2020 Another week, another hack, another exchange, another theft. Welcome to the recurring world of crypto attacks and the reason why appalling cryptocurrency security is holding back the industry from entering the mainstream. This time it was Singapore-based digital exchange KuCoin and its customers that were taken for $150 million after the exchange noticed large withdrawals [...]
Crypto AM shines its Spotlight on AuBit — network-enhanced finance for everyone September 29, 2020 AuBit is in the final days of a $2.75m private token pre-sale which is expected to close out oversubscribed. Alongside the private token sale, AuBit has also raised more than $1m in private funding of AuBit One digital equity. Today’s spotlight takes a look at what AuBit is, who’s behind it, and how it plans [...]
Retail trading – don’t become a one-trick pony September 28, 2020 The markets around the world have recently been a hive of activity and volatility. When this occurs, it presents a multitude of potential trading opportunities. This has given birth to a new breed of traders accessing their platforms. The average trader nowadays does not want to be confined to a single asset class or product; [...]
Crypto AM Reshines the Spotlight on Wirex Lazarichev & Pavel Mateev September 28, 2020 Wirex, the leading payments platform bridging the gap between the traditional and digital economies, has come on leaps and bounds since Crypto AM last shined the light on us in 2018. Since its inception in 2014, our CEO and co-founders, Pavel Matveev and Dmitry Lazarichev, have always had the goal of making digital money more [...]
Steer clear of Defi? September 25, 2020 I personally am steering clear of the yield farming space completely until it settles down into something more sustainable. You have been warned. These are not my words but the words of an influential voice in the crypto world, Vitalik Buterin himself, broadcast to the world in a recent tweet. Whether you share his view [...]
Crypto AM shines its Spotlight on Tatum September 24, 2020 Tatum is a unique platform that tackles blockchain developers’ biggest problems today: speed, accessibility and interoperability. It reduces development time to mere hours and is extremely easy to use. Anyone with little to zero coding knowledge can benefit from its features at no cost – Tatum has made its platform open source for everyone. As [...]
Paxful CEO Ray Youssef’s Journey September 24, 2020 Started from the bottom From being homeless in New York City to the CEO of an international crypto company, Ray Youssef shares his journey as a co-founder of Paxful, a global P2P crypto marketplace with a mission to empower the forgotten four billion unbanked and underbanked around the world to have control of their money [...]