Research Paper Says Issuers of ICO Tokens Will Face Class Action Lawsuits

This month a law firm called Polsinelli LLP published a study called “Cryptocurrency Class Action Lawsuits: A New Frontier” which explains that initial coin offerings (ICO) will spark a large number of litigation proceedings against cryptocurrency projects and businesses. Also read: New Study Looks at the Cost to Mine BTC Across the Globe ‘ICOs May Be … Read more

Google Searches for All Cryptocurrencies Decline Significantly

It seems overall interest in various cryptocurrencies is on the decline. More specifically, Google searches for Bitcoin, Ethereum, and Litecoin are undergoing a major decline as of right now. Given the current sentiment across these markets, it will be interesting to see how things evolve. Crypto’s Popularity Declining After the crazy year we had in 2017, it is only … Read more

Retirement Custodian Bitira Offers Insured Multi-Cryptocurrency IRAs

The cryptocurrency retirement account firm Bitira has announced the launch of two new features added to its business model, which includes fully-insured cold storage accounts and a variety of new cryptocurrencies such as bitcoin cash, ethereum, and more. Also Read: Japan’s SBI Holdings Claims 40% Stake in Hardware Wallet Company Digital Asset Retirement Funds Bitira is … Read more

One in Three Cryptocurrencies Is Currently Unspendable

Cryptocurrencies are speculative instruments, their price predicated upon future prospects rather than current reality. As a consequence, many of them don’t qualify as outright currencies – at least not yet. While the likes of bitcoin, bitcoin cash, and ethereum can be freely spent on desktop and mobile, dozens more are barely usable outside of crypto … Read more

Coinbase to Launch its First Crypto Index Fund

Popular US cryptocurrency exchange Coinbase announced today the launch of its first ever index fund. Global Digital Asset Exchange (GDAX), which is owned by the San Francisco-based retail exchange, will provide to its accredited investors the option of buying the lot, all assets, weighted, into one financial product. Also read: Québec Premier: We’re Not Really Interested … Read more

Chinese Altcoins Can’t Stop Failing

Every country produces its share of underperforming altcoins. They’re called shitcoins for a reason. But China has a track record for creating altcoins that are shittier than most. The country has spawned a slew of talented developers, and has made a huge contribution to cryptocurrency adoption and innovation as a whole. But when it comes … Read more

Japan’s SBI Holdings Claims 40% Stake in Hardware Wallet Company

This week the Japanese financial services management group SBI Holdings has announced that it has acquired 40 percent of the Taiwanese digital currency hardware wallet startup Coolbitx. Over the past few months, SBI has been entrenched within the virtual currency industry as the bank plans to incorporate multiple types of cryptocurrency business models.    Also … Read more