Ethereum Wallet ImToken Has $35B in Deposits, More Than 99% of US Banks

China-based ImToken, one of the first cryptocurrency and Ethereum wallets to be listed on the Apple App Store, has processed more than $35 billion in deposits over the past few years, surpassing Coinbase. Similar to Blockchain, MyEtherWallet, and MyCrypto, ImToken is a free and non-custodial wallet that enables users to store, send, and receive cryptocurrencies … Read more

German Government Raids Apartment, Confiscates and Sells $14M in Bitcoin

Earlier this week, German mainstream media outlet Der Tagesspiegel reported that local authorities had raided the apartment of a criminal group and confiscated more than $14 million in Bitcoin and other cryptocurrencies including Bitcoin Gold, Bitcoin Cash, and Ether. Waited Out Hard Forks German law enforcement arrested members of a criminal group and raided their residences … Read more

Cryptocurrency Platform Taylor Loses 2,578 Ether in Hack

In the world of cryptocurrency, trading Bitcoin and altcoins has become incredibly popular. A lot of people rely on third-party solutions and applications for this purpose. In the case of the Taylor platform, it seems that trust was a bit misplaced. The platform has suffered a massive hack, and all of the company’s wallets have been cleaned … Read more

China Ranks Cryptos: Bitcoin (BTC) Dismal 13 of 28

People’s Republic of China (PRC) 中华人民共和国 was one of the first governments to ban bitcoin, cryptocurrency. Now, the PRC is the first country to come out with official government crypto rankings. Its China Center for Information Industry Development (CCID) used three filters through which coins would be judged: innovation, technology, application. Rather surprisingly to some … Read more

Bitcoin Price Watch: Currency Sinks to $8,100

The price of bitcoin has fallen again over the last 24 hours. This time, the currency is trading for roughly $8,100 – a $200 drop since yesterday’s $8,300 mark. Since the beginning of the week, bitcoin has repeatedly been hit with price slumps. The Coindesk Consensus Conference – which lasted from Monday to Wednesday – … Read more

Coinbase Remains the Most Successful and Important Company in the Crypto Industry

On its 6th birthday, Coinbase received high praise from Shapeshift’s Erik Voorhees. He Tweeted, “Coinbase remains the most successful and important company in the crypto industry.” Arguably, that is very much the case. The San Francisco-based cryptocurrency exchange with its barebone menu of offerings, combined with its easy user-interface and relatively smooth onboarding (almost no … Read more

Ethereum Futures in US One Step Closer as CME Deal is Struck

Chicago Mercantile Exchange & Chicago Board of Trade (CME Group Inc) announced a partnership with Crypto Facilities Ltd to list the price of ether in real-time dollars. Information from major cryptocurrency exchanges Bitstamp and Kraken will be used to determine the CME CF reference rate. This could be a hint of things to come for … Read more