Where next for Bitcoin? May 15, 2019 Bitcoin is on the up again. The biggest crypto asset has rallied above $8,000, reaching its highest since last summer after more than doubling this year. It seems momentum is building for bulls and you cannot ignore that once Bitcoin builds up a head of steam, the mania can come back, and the momentum traders [...]
Bitcoin hits 10-month high as price surges above $8,000 May 14, 2019 Bitcoin is trading above $8,000 (£6,195) this afternoon after the cryptocurrency’s price surged by more than $1,000 in a day. The cryptocurrency broke the $8,000 barrier this morning, climbing as high as $8,327, according to data from Bitstamp. Read more: Bitcoin soars above $7,000 to hit nine-month high Today’s gains, which have seen Bitcoin hit a 10-month [...]
Bitcoin soars above $7,000 to hit nine-month high May 13, 2019 Bitcoin has broken through the $7,000 (£5,383) mark after hitting its highest level in nine months over the weekend. Read more: Hackers steal $41m in bitcoins from crypto exchange Binance The cryptocurrency built on a recent period of gains to climb as high as $7,585 yesterday, its highest level since September, according to data from [...]
Hackers steal $41m in bitcoins from crypto exchange Binance May 8, 2019 Hackers have stolen bitcoins worth roughly $41m (£31m) from cryptocurrency exchange site Binance, the company said today. Read more: Bitcoin price gains continue as it jumps to six-month high Binance said hackers had withdrawn 7,000 bitcoins in a single transaction after using techniques including phishing and viruses as part of a coordinated large-scale security breach. [...]
Blockchain technology promises to change the world, but so far it has delivered very little May 1, 2019 Last month, I attended a debate in the Houses of Parliament, not on the legalities of the ever so tedious withdrawal agreement, but on cryptocurrency and blockchain. At first, I was surprised that a discussion on these topics only lasted an hour and a half considering that, although blockchain technology powers cryptocurrencies such as bitcoin, [...]
Crypto AM industry voices: Regulating blockchain and crypto April 30, 2019 The Financial Conduct Authority (FCA), US Securities and Exchange Commission (SEC) and others are working to provide regulatory guidance frameworks and structures in the ever-changing landscape of cryptocurrencies and blockchain technology. The views on these activities run the gamut from the Establishment (‘The sooner we get regulation, the sooner things will really take off’) to [...]
CryptoCompare market view: The alleged $850m ‘cover-up’ April 30, 2019 The Crypto world was rocked last week by the announcement from New York Attorney General Letitia James of a court order against the operators of the Bitfinex exchange and Tether – issuers of the stablecoin of the same name. The Attorney General alleges that the operators of Bitfinex and Tether engaged in fraud to hide [...]
Why FinTechs are barking up the wrong tree April 30, 2019 While fintechs wave the flag of disruption and chant ‘financial inclusion for all’, the knights that promise to save the masses from the vagaries of traditional financial services have a more pressing agenda – profit. Both nascent and established players in consumer-facing financial service industries are searching for the holy grail that delivers droves of [...]
Crypto AM shines its Spotlight on Nodal April 30, 2019 We all know the internet has created a space where we can claim to be the version of ourselves we had always imagined. And while social networks have enabled catfishing to the extremes, the world of recruitment isn't safe from these Walter Mitty’s either. So how do you know someone is who they say they [...]
Poker reveals high-stakes players April 16, 2019 When many of the people working in the blockchain space get together at meet-ups there are often discussions around alternate ways to bring the community together. Erica Stanford started the Crypto Curry lunches and built a strong community of people working on blockchain projects. This has now grown to other industries and cities other than [...]