Tag Archives: Xapo

Why Major U.S. Financial Companies Avoid the Crypto Market

Major U.S. companies have been avoiding the crypto market for a long time. And now, according to Mike Novogratz, a prominent investor and former hedge fund manager at Fortress Investment Group, there is a major reason for this. Continue reading Why Major U.S. Financial Companies Avoid the Crypto Market

Cryptocurrency Exchanges Pivot to Decentralization to Avoid Overseeing User Funds

Earlier this week, Bloomberg columnists and editors Benjamin Robertson, Matthew Leising, and Andrea Tan spoke with various experts from decentralized exchange projects, research firms, and cryptocurrency exchanges to explore the motivation behind the focus of blockchain projects on decentralized exchanges. Any platform or application online is hackable, especially if poor security measures are implemented. Even the largest cryptocurrency exchanges in the global market such as Bithumb and Bitfinex experienced large-scale hacking attacks and major banks fall victim to long-term security breaches on a regular basis. Continue reading Cryptocurrency Exchanges Pivot to Decentralization to Avoid Overseeing User Funds