Crypto Bank Galaxy Digital Loses $134 Million in Q1

July 27, 2018
The Last Cryptocurency
CoinDesk Feed, Cryptocurrency News Feeds
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Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices.

Seychelles-based cryptocurrency exchange HTX (formerly Huobi) has lost $7.9 million worth of ETH to a hacker, on-chain data shows. The exchange has already identified the culprit and is ordering a return of funds with the threat of legal action. As noted by blockchain security firm Peckshield, exactly 4999 ETH ($7,866,926.30) left Huobi’s wallet on Sunday

Crypto Price Analysis & Overview April 30th: Bitcoin, Ethereum, Ripple, Binance Coin, and Cardano

The crypto market recovered this week, but bitcoin seems unable to catch up with the momentum that alts are currently getting. This is perfectly visible in the below chart, showing that large-cap altcoins outperformed it, dollar-wise, substantially. Bitcoin Bitcoin saw a small 5.4% price hike over the past seven days as it currently sits around…

Bitcoin Price Analysis: This is the Next Critical Level Beyond $50K

The bitcoin price had recently reclaimed the $50K mark, topping a 16-day high. Reviewing the last year’s significant corrections, we can find an interesting pattern in the daily time frame; Breaking above the 20-day MA line and closing a candlestick above has frequently led to an upward trend. This pattern has been repeated six times…

BlockFi’s Disclosure Statement Gets Court Approval

BlockFi’s reorganization continues to inch forward as the firm announced that its disclosure statement was conditionally approved by the U.S. bankruptcy court in New Jersey.“BlockFi’s mission through this process has been to maximize recoveries for our creditors, and conditional approval of our Disclosure Statement moves us one step closer to accomplishing that goal,” said Mark…

BTC HODL Target Found? Almost 50% Say They Will Sell If Bitcoin Price Reaches $100,000

An interesting poll on Twitter revealed that if Bitcoin’s price reached $100,000, most people would prefer to sell either all or some of their holdings for fiat. A comparison with another poll, however, shows an exciting consistency with what Bitcoin holders supposedly intend to do. Majority Will Sell If Bitcoin Price Reaches $100,000 One of…

Ripple to Launch ‘Liquidity Hub’ With 5 Leading Cryptocurrencies

San Francisco-based fintech firm Ripple will launch a new “Liquidity Hub” product to help enterprise customers access BTC, ETH, LTC, ETC, BCH and XRP from a range of global exchanges, market makers and OTC desks.The Ripple Liquidity Hub will support the five cryptos at launch and employ smart order routing to source digital assets at…

Mexico Stops Plans of Major Bank To Offer Bitcoin Services

It seems that the Mexican government has no interest in becoming the next Bitcoin Nation, nor does it want its private banks to walk down that road. Mexico Says No To Crypto The Secretary of Finance and Public Credit of the Government of Mexico, Arturo Herrera Gutierrez, shared on his Twitter account an official statement…

Goldman Sachs Explores Crypto as an Asset Class, Reconsidering Old Stances

Goldman Sachs, one of the most important banks in the United States -and the whole world- released a report on cryptocurrencies, and its content is quite promising for the ecosystem. The report “Crypto, a new asset class” is not yet available to the general public. Still, it has already been shared on social networks by…

B2C2 Becomes Latest Crypto Market-Maker to Stop XRP Trading: Report

Dec 26, 2020 at 8:05 p.m. UTCUpdated Dec 26, 2020 at 8:07 p.m. UTCMax Boonen, CEO of market maker B2C2B2C2 Becomes Latest Crypto Market-Maker to Stop XRP Trading: ReportCryptocurrency market-maker B2C2 halted the trading of XRP with U.S.-based counterparties, effective this past Thursday, following the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs, according…

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