Thursday, September 20, 2018

Prime Trust Enters Crypto Custody Race, Will Hold ‘Any’ Ethereum Token

Prime Trust, a small U.S. financial institution that's played a behind-the-scenes role in several dollar-backed cryptocurrencies, is entering the hotly competitive crypto custody business. Revealed exclusively to CoinDesk, the Nevada trust...

Red Tide: Double-Digit Losses Sweep Crypto Asset Market

The cryptocurrency markets are a sea of red today, with all the top 10 cryptocurrencies by market cap reporting double-digit percentage losses for the last 24 hours. Bitcoin (BTC) has dropped...

Hacked Crypto Exchange Bithumb Made $35 Million Profit in First Half 2018

South Korean cryptocurrency exchange Bithumb made net profits of 39.34 billion won (about $35 million) in the first half of this year, despite a rough June for the firm. Vidente, a video...

Stellar Run Ahead? XLM Flirts With Price Breakout

Having rallied 25 percent in the last 24 hours, Stellar's XLM token is now eyeing a bullish breakout on the price charts. As of writing, XLM is changing hands at $0.57,...

Bitcoin Miner BTCC to Sell Stake in Pool for $17 Million

BTCC Pool Limited, the mining pool business of cryptocurrency exchange BTCC, has provisionally agreed to sell 49 percent of its equity. According to a memorandum of understanding (MOU) published on Monday by...

Mt Gox’s Corporate Creditors Can Now File Claims for Bitcoin Refunds

The trustee of the long-defunct bitcoin exchange Mt. Gox has announced that corporate creditors can now enter claims to claw back trapped bitcoin through a recently approved rehabilitation process. Nobuaki Kobayashi,...

Apple Orders Coinbase Wallet to Remove Crypto Collectible

It seems iPhone users won't have access to the crypto collectible craze anytime soon. The news comes after forthcoming video game War Riders was featured on the Coinbase Wallet iOS app...

Goodbye ICOs, Hello TAOs? How Tokens Will Change in 2018

Christopher Pallotta and Vincent Molinari are the co-founders of Templum, an alternative trading system designed for cryptographic assets. The following article is an exclusive contribution to CoinDesk's 2017 in Review. As we enter 2018, it...

Bitcoin Breakout: Price Jumps $1K in 60 Minutes

Bitcoin rallied over $1,000 in an hour this morning, having spent a better part of the last two weeks trading sideways in a narrow price range. The cryptocurrency clocked a two-week...

Global Securities Watchdog Warns Investors on ICO Risks

An organization comprised of global securities regulators has issued a notice today alerting investors to the perceived risks associated with initial coin offerings (ICOs). The group, the International Organization of Securities...