Cryptocurrency News

Joseph Lubin, the CEO of ConsenSys, had a very interesting keynote address in Red Hook, Brooklyn. For the participants, it felt like it was already 2047. Well, here is everything about it in a nutshell.

The Federal Reserve of Boston is reportedly making a huge step in the space. It turns out that the government body is going to jumpstart a new blockchain experiment, which will be performed this summer.

Curve has reportedly acquired around $50 million of insurance covered. The figure is meant for the crypto security company’s institutional customers and is thanks to the reinsurance giant called Munich Re. Here is everything about it in a nutshell.

It seems to be a good day to live for the CEO of SpanChain, thanks to an Ethereum funding initiative. It turns out that the said venture resulted in a major boost from two of the biggest names in the blockchain space.

Big Four audit firm, Ernst & Young (E&Y) released its report outlining now-defunct cryptocurrency exchange QuadrigaCX’s, and its subsidiaries’, assets and debts.

It seems the storm involving QuadrigaCX is far from over in the crypto space. According to the latest report, the Canadian crypto exchange, which plummeted following the demise of its CEO and founder in 2018, is believed to only have $21 million in assets. However, it is also said to owe creditors at least $160 million.

Alejandro Machado is known in Venezuela is the co-founder of the Open Money Initiative (OMI). The expat is reportedly hell-bent at helping his homeland while remaining hopeful about the world’s leading crypto.

According to a press release issued on May 9, the Nordic banking giant Nordea was now expanding its offering of we.trade, its blockchain-powered trading platform, to its SMEs (small- and medium-sized businesses), making it easier for them to trade with other firms in Europe.

Decentralized applications (dapps) are reportedly able to qualify as money transmitters under the U.S. law, although this will only be possible in certain circumstances. The big reveal is according to the country’s very own anti-money-laundering (AML) regulator called FinCEN.

The desktop-based digital currency mining application call HoneyMiner is making a huge step in the crypto space. That is because it has just launched a new version specifically designed for its MacOS users. Here is everything about it in a nutshell.