Kraken exchange has been forced to comment on a persisting rumor that a Halifax, Canada office of the crypto exchange was shut down following a security breach resulting in the loss of hundreds of jobs. A post on Reddit made by ‘throwaway34032324’ yesterday states: “Kraken Currency exchange in Halifax unit 102 at 60 Highfield park […]
A Rolls-Royce dealership in Houston, Texas, is now allowing prospective customers to pay for their new luxury vehicles using Bitcoin and Bitcoin Cash. The move to allow customers to pay with crypto comes as it becomes an increasingly popular trend to pay for luxury and exotic cars using cryptocurrency. The dealership, called Post Oak Motors, […]
Winklevoss IP, LLC has won a patent outlining how it may use air-gapped computers to protect cryptocurrency keys from theft.
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. Government agencies, analytics companies and other interested parties — let’s call them “spies” — have ways to analyze the public blockchains and peer-to-peer […]
In an effort to expand its institutional services, Coinbase is joining an industry chase for the ever-elusive bitcoin exchange traded fund (ETF). As reported by Business Insider, the cryptocurrency exchange provider has been liaising with BlackRock, a U.S. investment management company with some $6 trillion in assets under its purview. Individuals close with the matter […]
Millennials are more optimistic about the chances of cryptocurrency being widely accepted, and nearly half of who think this would prefer using cryptocurrency over the U.S. dollar, according to a recently conducted consumer survey on awareness of and attitudes about cryptocurrency. Nearly 80% of Americans (79%) are aware of at least one type of cryptocurrency, […]
Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies. Founded in 2014, Abra is working toward providing users with maximum privacy and control. The application […]
Grayscale Investments is making a $6.3 million investment in the cryptocurrency ZEN. The investment will be through a new fund whose entire focus is on Horizen, a small and relatively unknown platform that hosts a cryptocurrency, called ZEN. Grayscale Investments is best known in the cryptocurrency community for their Bitcoin Investment Trust (GBTC), which enables […]
Louis Meza admitted to kidnapping and stealing $1.8 million in ether as part of a plea deal. He may be sentenced to 10 years in prison as a result.
Uzbekistan’s government is looking to attract crypto exchanges with a number of tax and regulatory benefits, according to a presidential order.