May 1, 2019

Crypto Investigators CipherTrace: Crooks Stole $350 Million in Q1 2019

On May 1st, cryptocurrency analysis firm CipherTrace released their anti-money laundering (AML) report for Q1 2019. Therein, the investigatory specialists said they had already tracked thefts of more than $350 million USD worth of crypto in the first quarter of the year. That significant sum puts the cryptocurrency ecosystem on course for seeing more than...
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Crypto Derivatives Rising: ErisX Launches Its Crypto Spot Market

The cryptocurrency derivatives arena just got its next big contender with the arrival of ErisX, which announced the opening of its crypto spot markets platform on April 30th. The Chicago-based exchange, which boasts major financial backers in mainstream heavyweights like TD Ameritrade and Cboe Global Markets Inc., was first created in 2010 to facilitate traditional...
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Confirmed: Tether’s USDT Are Not 100% Fiat-Backed, Bitcoin Rallies Anyway

What a crazy week it has been for iFinex and the companies it holds, Bitfinex and Tether Limited. Last week, for those who missed the memo, New York Attorney General’s (NYAG) office revealed that the issuer of USDT and the Bitcoin exchange may be in precarious financial standing. In an extensive report, the office revealed...
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Bitcoin Cash Surges Over 20% in a Day: Market is in the Green

From yesterday’s low at $167,665,513,530 the evaluation of the cryptocurrency market cap has increased to $176,362,941,028 at its highest point today which is an increase of little below 10 billion dollars but has retraced since and is currently sitting at $174,918,303,428. Read: Guide to Trading Bots On the global chart, you can see that the...
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Tech Giant HTC May Release Second Iteration Of The Blockchain-Enabled Exodus Phone

In 2018, HTC, the Taiwan-based technology giant and smartphone manufacturer, shocked the crypto world when it unveiled plans to launch a blockchain device. This marked the first time that a large technology corporation had revealed it was putting serious capital behind a cryptocurrency product. Unlike many other industry ventures and contrary to critics’ expectations, HTC’s...
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