Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. Continue reading Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital
Fans of The Da Vinci Code take note: a cryptic image that conceals an unknown amount of Monero is circulating the web. The image was originally created for DefCon last year, but the designer has now re-published the work in hopes that the crypto community will finally be able to solve the puzzle. However, the solution remains elusive… Continue reading Monero Puzzle Still Teasing Community
In September 2017, the Bank of America Merrill Lynch branch asked 200 institutional investors what they believe is the most popular investment. Most of them said “Long Bitcoin.” That said, this doesn’t mean these investors have put money into the digital asset. However, it does show the government how vital cryptocurrencies are in the long run. But, that doesn’t change the fact that the crypto market needs institutional investors to take off. Thankfully, there is some hope in that regard thanks to recent developments. Continue reading Nasdaq Head Explains Why Institutions Are Still Holding Back On Bitcoin
On route to Davos, Nasdaq CEO Adena Friedman says 2019 will be a year of disruption and innovation. Cryptocurrencies could still be a global currency if the “tremendous demonstration of genius and creativity” finds practical utility. Continue reading Crypto Could Still Be ‘Global Currency of Future’: Nasdaq CEO
In 2018, with the exception of Bitcoin and several other crypto assets, the majority of cryptocurrencies fell by more than 90 percent against the U.S. dollar. Continue reading What Are Crypto Executives Still Positive About After Massive 80% Bitcoin Drop?