Cryptocurrency News

Bakkt has made a huge step in the crypto space. Apparently, the Intercontinental Exchange (ICE)-lead institutional crypto trading platform has managed to acquire a digital currency custodian service. Here is everything about it in a nutshell.

The world is filled with crypto mining farms, but not all of them are deemed illegal. And thanks to the Brazilian police, one of these companies has been caught – albeit in an unexpected way. Here is everything about it in a nutshell.

In the latest cryptocurrency news, Bitfinex is trying to make a cover of the allegations it received from the New York Attorney General. Basically, the crypto exchange is suggesting that all of these allegations from the NYAG are, in one way or another, inaccurate. Here is everything about it in a nutshell.

Just recently, the Independent Security Evaluators (ISE), which is a security consulting company based in the U.S., released a report concerning private keys for the ETH blockchain. Apparently, a hacker was successful in obtaining millions of the token by simply guessing weak private keys. Here is everything about it in a nutshell.

In the latest crypto news, the government of China has expressed its interest in providing support to the development of a so-called “blockchain city.” The latter, in particular, is going to be built in the critical shipping lane of the Malaysian Malacca Strait. Here is everything about it in a nutshell.

At least two shareholders of Bitfinex have shared their view toward allegations coming from the New York Attorney General. Apparently, they are unconcerned by these. The allegations pertaining to the crypto exchange losing around $850 million of funds, both of which cover client and corporate means.

Paxos, which is an issuer of stablecoin, will reportedly form a partnership with Ontology. The joint initiative is specifically designed for the issuance of around 100 million of PAX tokens, which are said to be pegged 1:1 to the U.S. dollar. The issuance, in particular, will be made possible directly on the blockchain network of Ontology.

It appears that almost all crypto loan platforms are experiencing a massive boost. This is most especially the case since Ether holders are interested at migrating portfolio losses, all of which they endured during the bear market from last year.

India has been vocal about its stand towards cryptocurrencies. In a recent report, the government of the country is once again renewing its decision to completely ban digital currencies. Here is everything about it in a nutshell.

According to the latest news reports, Paxos will be issuing up to $100 million worth of its stablecoin, PAX, on the Ontology blockchain. This stablecoin is anchored to the dollar on a 1:1 ratio, and it will be launched on its new network next month.