Geist Finance, a crypto-backed lending start-up, has permanently ceased operations after a MultiChain security breach. The company had reportedly been facing liquidity issues prior to the hack.
Cryptocurrency markets are volatile, with the leading digital assets ETH, XRP, ADA, BNB and SOL all exhibiting signs of a price increase. Analysts track price trends in order to understand the future implications of these movements. This article examines the performance of these 5 cryptocurrencies in July-14.
Crypto fans have cause for alarm as TUSD, the only major crypto to have its operations based in the United States, is now under the control of an offshore owner. Experts warn this could have major implications for the future of crypto in the US.
BlackRock CEO Larry Fink recently expressed his belief that cryptocurrencies will increasingly be in demand by gold investors looking for a more efficient way to store and transfer wealth.
ConsenSys Mesh has announced the launch of their TachyonX Fund to enable projects to easily securely and legally access their crypto fundraising needs. The new fund promises to simplify the fundraising process for projects and reduce the red tape.
On Thursday, the crypto exchanges Coinbase and Bittrex both announced they were re-listing XRP following Ripple’s victory in court against the U.S. Securities and Exchange Commission (SEC). This is a significant legal victory for the company and XRP holders.
After months of bearish sentiment among crypto markets, Ripple’s recent victory against the SEC has brought optimism and bullish momentum back to the crypto space, marking the start of what many are calling an “alt season.
The digital currency Bitcoin has seen tremendous growth, yet in order to meet the needs of its expanding user base, experts suggest that its code must evolve to accommodate greater scalability. This change is essential for Bitcoin to maintain the ethos that has made it so successful.
Coinbase CEO Brian Armstrong has weighed-in on reports that Bank of America has prevented businesses from using its accounts to purchase cryptocurrency. Armstrong has accused the banking giant of anti-crypto activity, vowing to “keep an eye on this”.
A lack of transparency and regulation around stablecoins is leaving crypto markets “highly dependent” on them, with TrustToken’s TUSD potentially posing risk, according to data and research platform Kaiko.