Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
IBM is working on a Stellar-based stable coin that would be pegged to the US dollar. That doesn’t mean it is ready to launch, that means they are exploring the idea and seeing how a payment system would work on the Stellar platform and blockchain. “There’s this tremendous opportunity to make blockchain payments feasible, especially… Read More
Blackrock is evaluating cryptocurrencies. This news somehow got translated to “Blackrock ready to invest trillions and start a crypto ETF.” The truth is somewhere toward the first point.
Coinbase is exploring adding Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX) to Coinbase and Coinbase Pro for buy / sell / trade.
Robinhood added commission free trading for Litecoin and Bitcoin Cash. This takes it one step further to being a legitimate Coinbase competition.
The wallet/exchange service Bancor suffered a security breach on July 9th that led to $13.5 million worth of Ethereum (ETH), Bancor (BNT), and other tokens.
South Korea has been at the forefront of embracing cryptocurrency and blockchain technology. South Korea’s latest move is recognizing crypto / blockchain as an industry and providing classifications for different types of crypto businesses.
India has been cracking down on crypto in 2018, seemingly as a response to the epic rally of 2017.
Fundstrat’s Tom Lee has revised his BTC projection for 2018 from $25k to $20k. His projection is based on the idea that BTC will trade for 2.5x its mining cost.
Hackers compromised Binance on July 3rd. They gained access to APIs and pumped the token SYS. However, all funds are safe and the issue has been fixed.
Coinbase has officially launched Coinbase Custody (a custody solution for institutional investors). The current crown jewel of the crypto space is a reliable custody solution for the big players, and Coinbase has essentially just become first to market.
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