BITCOIN

In December of 2017, bitcoin’s price was surging, even fighting towards $20,000. Meanwhile, CNBC and the cable news set featured a constant string of crypto industry insiders bringing the space to a new audience. It was into that environment that on December 17, 2017, CME Group launched bitcoin futures. Three years on, bitcoin has punched past the significant marker of $20,000 to a high of more than $23,000. CNBC is running a bitcoin ticker, and crypto commentators are standard fare. Despite these superficial similarities, the bitcoin and crypto industry of…

The firm acted shortly after the U.S. Securities and Exchange Commission (SEC) sued the token’s alleged creator, Ripple Labs Inc., for conducting an unregistered and ongoing securities offering. “Prior to the sale of the asset on December 22, 2020, XRP (-20.72%) was approximately 3.8% of the Fund,” the firm wrote. “The Fund liquidated its position and reinvested the proceeds in other portfolio assets.” Subscribe to First Mover, our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. The Bitwise 10 Crypto Index Fund…

“MoneyGram will continue to monitor the situation as it evolves,” a company spokesperson told CoinDesk in an emailed statement. “MoneyGram has continued to utilize its other traditional FX trading counterparties throughout the term of the agreement with Ripple.” The SEC alleged in a case filed Tuesday that Ripple used XRP (-20.47%), the cryptocurrency two of its founders created, to conduct an ongoing, $1.3 billion sale of unregistered securities. Subscribe to First Mover, our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy…

JCD, as we’ll call him, spent Monday morning changing his passwords, only to get a notification a new device had been added to one of his two-factor authentication (2FA) accounts. He then tried to log into his email. It was locked. “Within minutes I started getting notifications about password changes on Coinbase, Binance, Dropbox,” he later told CoinDesk. “I tried to call T-Mobile over Wi-Fi but it wouldn’t work with the SIM disabled so I reached out to them on Twitter and got someone from Support to lock my account.”…

The success of individuals and enterprises is always inseparable from theword “value”, and the most intuitive embodiment of “value”is the increase in the value of finance and money. And thedevelopment of real history, the emergence of blockchain technologyis quietly changing the nature of global economic development. Thepopularity, application and circulation of digital currency have madethe initial investors get a hundredfold return on their investment.Block chain technology is pushing inclusive finance to a new level. At this time, the birth of the Galactic Convention in addition tolending, remittance, settlement, sales of…

Whetherit’s the ICO frenzy of 2017 or the ubiquity of blockchain apps today,the opacity of project fundraising usage seems to have become thenorm. The Galaxy Convention sees this as highly irresponsible tocommunity members and investors. Therefore, the establishment andapplication of the decentralized financial system of the GalacticConvention will break the financial curse and restore the world tothe light. Accordingto the Galactic Convention, the operation mechanism of the doublecirculation system of the galactic host star and the galactic starwill bring the value of the card to the utmost, and make all…

We believe in ourselves, therefore we gaze at the stars and shoot for it. The world needs lionhearts like us to innovate and to discover! Compares to traditional mining, cloud computing based mining lowers the barriers to entry for investors.  Hence it became one of the most sought-after investments at present. Globally there are over 50 cloud based mining platforms.  Together they account for more than 80% of the cloud mining market. Multiple cryptocurrency exchanges, wallets and media communities have entered this market. In the same manner, the sale and transfer of mining power…

A survey made in Uruguay across different business sectors revealed that 24% of the 49 senior executives (1 in 4) from companies in the country claimed to have used cryptocurrencies at any point in their lives. Senior Executives in Uruguay Reveal Their Level of Knowledge on Cryptocurrencies According to the consulting firm Price Waterhouse Cooper, the survey was conducted to measure the knowledge on crypto assets among senior executives from the sectors of banking and finance, technology, public services, industrial products, and public administration in Uruguay. The results revealed that 76%…

Traders and developers are trending towards greater DeFi depositor protections in unison NEWS  On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops. On November 17th, Origin Dollar announced that its yield-bearing stablecoin project had been the victim of a $7 million flash loan attack. While the attack is just another…