Overstock has promoted Joel Wright to chief operating officer of Medici Ventures, the company’s blockchain venture fund.
The proof-of-work algorithm used by bitcoin and some other cryptos is not viable in the long term, argues a Bank of International Settlements study.
Bitcoin is witnessing the longest stretch of range-bound price activity in three months.
Coinbase has launched cross-border wire transfers and expanded custody services for institutional customers in Asia, the U.K. and Europe.
Financial authorities in the Netherlands plan a licensing scheme for crypto exchanges and wallet providers to lower the risk of financial crimes.
Bitcoin’s price inversely correlates with the CBOE Volatility Index (VIX), meaning the premier cryptocurrency is still a risk-asset and not a safe haven.
Two execs from South Korean crypto exchange Komid have been given jail time for faking trading volume and deceiving investors.
South Korean exchange Coinneset reportedly lost around $5 million when it airdropped bitcoin and other cryptocurrencies instead of WGT.
Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services.
Privacy-oriented cryptocurrency Beam said Monday morning that its blockchain had stopped, later adding that a fix is in progress.