Monthly Archives: February 2020

Japan may be on its way to creating a state-issued digital currency, but local companies in the world’s third-largest economy can still innovate and provide some healthy competition.  Coincheck, the crypto exchange based in the Asian nation, currently handles trading, selling, and buying for eleven cryptocurrencies. They announced on Feb. 25 that they were planning to…

“Cryptocurrencies basically have no value,” Warren Buffett said in an interview on Monday.Speaking to CNBC reporter Becky Quick on Feb. 24, the fourth-wealthiest person in the world discussed his impression of Bitcoin following a fundraiser. In attendance was Justin Sun, CEO of Tron, and long-time believer in crypto.In May 2019, the two gathered with others…

CoolBitX, creator of the cryptocurrency-storing CoolWallet, continues to be popular with investors. In a press release today, the Taiwan-based startup announced that it had secured additional funding for expansion.Led by Japan-based SBI Crypto Investment Co. Ltd., the Monex Group, BitSonic, and the National Development Fund of Taiwan, the group provided CoolBitX $16.75 million from the…

Startup Status raised $100 M in its 2017 initial coin offering on the premise of building a private messenger based on the Whisper protocol that allows Ethereum DApps to communicate. Each smartphone that runs a Status app becomes a node, and all the messaging runs on a peer-to-peer network which is censorship-resistant. After three years…

On Monday morning equities markets in the United States and Europe dropped sharply as investors fear over the continued spread of COVID-19, also known as the Coronavirus, intensified.Earlier in the day, the Italian government instituted a quarantine on 10 towns as the number of people infected by the highly infectious virus rose to 152 and…

In a U.S. courthouse for the Southern District of New York, Judge Katherine Failla heard this afternoon from three plaintiff teams suing iFinex et. al. and vying to serve as lead counsel in the emerging class action with potentially tens of thousands of injured members.IFinex’s Tether (USDT) stablecoin firm and its Bitfinex subsidiary are charged…

Caitlin Long, a former Wall Street executive who has helped Wyoming enact 13 blockchain-enabling laws, is taking advantage of the progressive Wyoming legislature to establish a first crypto-native bank in the U.S. The bank’s name is Avanti, which means “forward” in Italian.Long made this announcement earlier today in a series of 29 tweets. She believes…