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Tagomi Raises Another $12 Million

Tagomi, a crypto brokerage firm, has raised another $12 million, in a second round of funding. Combining this with the first round of funding, of $16 million, accelerates Tagomi’s position to develop crypto infrastructure for institutional investors. According to Bloomberg, Tagomi intends to act as an agent for larger investors who want to remain anonymous. […]

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From Bad to Worse! QuadrigaCX Cold Wallet Storage Were Empty!?!

The nightmare continues. Crypto exchange QuadricaCX, whos founder Gerald Cotten had died in India in Dec 2018, was the only person who had the encrypted keys to its account holders crypto currency. Since then an investigation, conducted by Ernst and Young, has reviled details about the cold wallets that store Bitcoin (BTC) and other cryptocurrencies. […]

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Litecoin (LTC) and its Mimblewimble Spell Magics the Crypto Markets

Litecoin (LTC), has provided a most welcome boost the to the crypto markets, breaking a very painful downward trend. Litecoin (LTC) rallied 30% following news that Beam, had been approached by the Litecoin Foundation, to implement a privacy protocol. The protocol called Mimblewimble would add extension blocks to Litcoin (LTC) that would lead to improvements […]

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QuadrigaCX Troubles Continue as Exchange Files for Creditor Protection

Following the sudden death of the Chief Executive Officer (CEO) Gerry Cotten, the founder of crypto exchange QuadricaCX, approximately $190 million CAD (Canadian Dollars) has been lost in cryptocurrency. As of the 18th of January 2019, the following balances were recorded in cold wallets: The full report details that have been released by Nova Scotia […]

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Fidelity Launching Crypto Custody Service Potentially in March 2019

Fidelity Investments Inc, the Boston based multinational financial services corporation, is looking to launch its crypto custody service in March 2019. Known as Fidelity Digital, the custody service will initially looking to store Bitcoin (BTC) for institutions, mainly hedgefunds according to Bloomberg. In a statement, a spokesman at Fidelity said; We are currently serving a […]

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Japan Explores Crypto ETFs

Japans Financial Services Agency is currently exploring interest in Exchange Traded Funds (ETFs) to track digital currencies. According to Bloomberg, the regulators in Japan last month decided against pursuing revisions to the nation’s securities law. This will allow cryptocurrency futures, options and other derivatives to be traded within the region. A person familiar with the […]

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DX.Exchange to Offer Stocks on its Blockchain Platform

On the 7th January 2019, a digital exchange based in Estonia called DX.Exchange, will offer tokens that are backed by equity stocks listed on the Nasdaq. Each holder of the token will be entitled to the same cash dividends as holding a traditional stock. Stocks that will be listed include: Tesla Google Facebook Intel Amazon […]

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Crypto Inactivity on Wall Street Hits Bitcoin Price

The Bitcoin (BTC) retail boom has taken its price to almost $20k this past year. Now, with the decentralised asset price hovering at approximately $4k, has the inactivity of institutions driven the price down? Bloomberg, has outlined several trade initiatives from the top tier Investment Banks, that has gained no significant traction or, did not […]

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Fundstrat Global Advisors Target Price for Bitcoin Still at $15k

The cryptomarkets continued its decline today with bitcoin (BTC), approaching the $5k barrier. The sell off, sparked by the Bitcoin Cash (BCH) hard fork last week, has punished investors. Managing partner, Thomas Lee at Fundstrat Global Advisors however, still targets bitcoin (BTC) at $15k for 2018 year end. At an interview with Bloomberg, the target […]

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Coinbase Reaches $8 Billion Valuation

Dispite the cyrpto slump, Coinbase, one of the worlds largest crypto exhanges, has reached an $8 Billion valuation reported by Finextra and Bloomberg. The 2012 San Francisco startup just raised another $300 million during a funding event led by Tiger Global Management. The president and COO, Asiff Hirji, at Coinbase said “We see Coinbase’s growth […]

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