Bitgo Secures a $100M Insurance for Crypto Assets

The cryptocurrency service provider Bitgo, has recently secured a $100 million policy through Lloyd’s insurance services to cover crypto assets that are under company’s control, including those held in its business wallets and custody offerings. The policy covers problems such as insider theft by employees, loss of damage of private …

Binance Launches Decentralized Crypto Exchange
Cryptocurrency News

Binance Launches Decentralized Crypto Exchange

After months of teasing and anticipation, Binance has finally launched its own cryptocurrency exchange that operates on their own blockchain called Binance Chain. At the time of writing this news, the platform is currently in the testnet phase, which means that users can try out the new platform should they …

Crypto Exchanges More Trusted Tan Stock Exchanges
Crypto News

Crypto Exchanges More Trusted Than Stock Exchanges

In a recent study related to millennial investment attitudes, published by investment platform eToro, indicates that almost half of millennial traders have more trust in digital currency exchanges than in U.S stock exchange. According to the report, 43 percent of the surveyed millennial online traders show less trust in the …

French Tobacco Shops Start Selling Cryptocurrencies
Cryptocurrency News

French Tobacco Shops Start Selling Cryptocurrencies

Digycode, the French company, and Ingenico, the national point of sale (POS) service provider has made the purchase of cryptocurrency a lot easier for French citizens. Together, they have made it possible to buy cryptocurrencies offline through any of the 10,000 tobacco shops located in France. This accounts for less …

Crypto Will Take Over in Next Fives Years: Tim Draper
Bitcoin News

Crypto Will Take Over in Next Five Years: Tim Draper

Billionaire investor and notable Bitcoin (BTC) bull Tim Draper asserted that in Five years, only criminal would use fiat as cryptocurrencies are universally accepted. Draper made his claims in an interview with American financial news tv channel Fox Business released on February 18. Only Criminal Will Prefer Fiat Money Reciting …

SHIFT Concludes Its Crypto Financial Services

The Shift Card, a Visa debit card based in the United States, that enables customers to use cryptocurrencies held on Coinbase in real-time, will be ceasing all its operations in April. Shift apprised its user about the decision and also explained that the company hopes for a relaunch in the …

Everything You Need To Know About JP Morgan's Stablecoin
Cryptocurrency News

Everything You Need To Know About JP Morgan’s Stablecoin

JP Morgan Chase had a special announcement to make on Valentine’s Day. The financial giant announced the launch of its own cryptocurrency. This is a landmark event as JP Morgan is the first major bank to enter the digital assets market. This move was not expected by anyone as the …

Coinsquare Acquires StellarX
Cryptocurrency News

Coinsquare Acquires StellarX

Coinsquare, Canada based cryptocurrency exchange has acquired StellarX, the decentralized exchange (DEX). The announcement was made on Thursday and it proceeds the firm’s acquisition of BlockEQ stellar wallet which was completed last December. They plan to rebrand the wallet to function as an “anchor wallet” for the StellarX platform in …

Cryptocurrencies Unable to Replace Fiat Money: Chilean Central Bank
Crypto News

Cryptocurrencies Unable to Replace Fiat Money: Chilean Central Bank

The Central Bank of Chile (BCC) claims that cryptocurrencies are unable to substitute traditional money, according to a detailed report on crypto issued on February 7. The document, signed by the President of the central bank, Mario Marcel, was prepared upon request of the Tribunal de Defensa de la Libre …

Bitcoin's Lightning Network Will Soon Come to Square's Cash App
Crypto News

Bitcoin’s Lightning Network Will Soon Come to Square’s Cash App

A bitcoin scaling solution known as the lightning network is expected to soon integrate with Square’s Cash App for mobile payments. Jack Dorsey Claims Bitcoin’s Lightning Is Coming to Cash App Twitter and Square CEO, Jack Dorsey, who is an investor in the Bitcoin-oriented startup Lightning Labs, recently announced in …

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