Chris Brookins is the founder of Pugilist Ventures, a blockchain and fintech focused venture capital firm. The author invests in cryptocurrencies and has a position in XRP. It's no secret the crypto space is in a speculative "frothy" frenzy currently. Under these circumstances, fundamental analysis becomes less important. Speculators are trading...
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month.The Bank of England has decided it will not launch its own cryptocurrency due to its possible impact on the financial system, according to FT Advisor. The bank began researching cryptocurrencies in 2015 and was considering...
Recently leaked computer vulnerabilities Meltdown and Spectre offer yet another reminder of how hard the digital age makes it to keep private information – even cryptocurrency private keys – safe. Unveiled Wednesday, the widespread hardware vulnerabilities simultaneously impact Intel, ARM and AMD computer chips, which power the vast majority...
Ian Simpson is head of marketing and communications at Lakeside Partners, an early-stage investment firm in Zug, Switzerland. The following article is an exclusive contribution to CoinDesk's 2017 in Review. Without a shadow of a doubt, this past year has been huge for cryptocurrencies and the blockchain technology. Whatever the...
The Texas State Securities Board (TSSB) has ordered the blockchain-based financial system startup BitConnect to cancel a token sale it had planned to start on January 10. According to a news release published on the regulator's website, BitConnect was claiming to offer tokens with 100% annual returns, which the...
Overstock.com just got a hefty chunk of change from one of the biggest names in finance, and CEO Patrick Byrne says much of it will fund the company's blockchain work. The company disclosed in a Securities and Exchange Commission filing this week that the holder of a warrant had...
Long Blockchain Corp. the former beverage company that announced a pivot to blockchain technology last month, is now planning to enter the bitcoin mining business, a new filing shows. According to a filing with the Securities Exchange Commission on Jan. 5, Long Blockchain Corp, the publicly traded company that was rebranded...
Three of the top five money transfer companies worldwide will be implementing Ripple’s XRP token in their payment flow systems this year, the company said in a tweet Thursday. The tweet, which did not identify the partners, comes as XRP has rallied to overtake ethereum as the No. 2 cryptocurrency...
Visa, the payments giant, ordered cryptocurrency debit card providers to suspend their services on Friday, according to three of the affected companies. Bitcoin payments processor BitPay announced in a statement that its European card issuer, Wave Crest Holdings, Ltd., had been told by Visa to close its bitcoin accounts. The...
The Bank of England has dropped plans to launch its own digital currency amid concerns about its impact on the financial system. The U.K.'s central bank told FTAdviser that it has "no current plans" to launch its own cryptocurrency, but will continue to research the topic. The announcement comes just days after...