News

IOTA Urges Trinity Wallet Users to Use Seed Migration Tool

IOTA Urges Trinity Wallet Users to Use Seed Migration Tool

The IOTA Foundation is strongly recommending users of its official wallet to immediately change their passwords. Responsible for one of the top performing cryptocurrencies, IOTA is continuing to release new information in response to a Feb.12 hack on its official...

Ethereum-Built Soccer Game Pens Deal With Italian Giants Juventus

Ethereum-Built Soccer Game Pens Deal With Italian Giants Juventus

Sorare, a global fantasy football platform built on the Ethereum blockchain, has inked an exclusive licensing agreement with Italian soccer giants Juventus to launch a digital collectibles range of its star players. Ethereum-Based Fantasy Football Paris-based Sorare...

Fortress Financial Group Increases Buyout Offer for Mt. Gox Claims

Fortress Financial Group Increases Buyout Offer for Mt. Gox Claims

The financial group increased its offer to creditors’ claims on the defunct crypto exchange from 70% to 88%. Fortress Investment Group has increased its offer to purchase claims from creditors who lost money in the infamous $480 million Mt. Gox hack. The group,...

Tezos (XTZ) Outperforms in 2020: Here are the Key Drivers

Tezos (XTZ) Outperforms in 2020: Here are the Key Drivers

The New Year has seen a degree of a turnaround in the crypto space, as many tokens have recorded significant gains. One notable gainer is Tezos (XTZ). Since the start of the year, the XTZ token has more than doubled in price, and it goes without saying that it could...

IRS Invites Cryptocurrency Advocates to March Summit

IRS Invites Cryptocurrency Advocates to March Summit

Cryptocurrency companies and advocates will meet in DC to discuss how the IRS can “balance taxpayer service with regulatory enforcement.” With the 2019 tax season upon us, the IRS is leaving nothing off the table. Cryptocurrency holders are looking for...

Telegram Developers Jump to TON’s Defense in SEC Case

Telegram Developers Jump to TON’s Defense in SEC Case

A group of Telegram Open Network (TON) developers, calling themselves “The TON Community Foundation,” have submitted a court document criticizing the SEC’s prosecution of the project. The former messaging app turned blockchain developer has been...

Crypto Custodian Copper Raised $8 Million for Expansion

Crypto Custodian Copper Raised $8 Million for Expansion

The London-based crypto custody provider plans to develop its presence in North America and Asia. Cryptocurrencies have always faced challenges when it comes to reducing risk and making themselves regulatory compliant for traditional investors. Providing custody for...

Binance Takes Additional Steps to Tap Singapore’s Crypto Market

Binance Takes Additional Steps to Tap Singapore’s Crypto Market

Cryptocurrency exchange Binance applied to operate in Singapore under the Payment Services Act. The Monetary Authority of Singapore recently opened its doors to crypto by introducing the Payment Services Act. This policy is intended to regulate cryptocurrency payments...

Not All Central Banks Have an Interest in CBDCs

Not All Central Banks Have an Interest in CBDCs

While banks in emerging markets are moving more rapidly toward issuing CBDCs, other countries appear to be taking a more cautious stance. The recent survey results published by the Bank of International Settlements produced bullish and bearish sentiments with regard...