It was the Lehman Brothers of blockchain. 850,000 Bitcoin disappeared when cryptocurrency exchange Mt. Gox imploded in 2014 after a series of hacks. The incident cemented the industry’s reputation as frighteningly insecure. Now a controversial crypto celebrity named Brock Pierce is trying to get the Mt. Gox flameout’s 24,000 victims their money back and build a […]
View More The plot to revive Mt. Gox and repay victims’ BitcoinCategory: cryptocurrency exchange
Crypto exchange Coinbase is now valued at $8 billion after a big funding boost
One of the most popular cryptocurrency exchanges, the U.S.-based Coinbase, announced on Tuesday that it has raised $300 million in a new round of financing.
The round, led by Tiger Global Management, values the company at more than $8 billion.&…
The owner of the New York Stock Exchange is working on a bitcoin trading platform
The New York Stock Exchange is working on its own bitcoin trading platform. According to a new report from the New York Times, the NYSE’s parent company is developing an online exchange geared toward large institutional investors — the kind of financial heavyweights that the cryptocurrency community is waiting for with bated breath. Details of […]
View More The owner of the New York Stock Exchange is working on a bitcoin trading platformStock trade app Robinhood raising at $5B+, up 4X in a year
By adding a cryptocurrency exchange, a web version and stock option trading, Robinhood has managed to quadruple its valuation in a year, according to a source familiar with a new round the startup is raising. Robinhood is closing in on around $350 million in Series D funding led by Russian firm DST Global, the source […]
View More Stock trade app Robinhood raising at $5B+, up 4X in a yearSEC says cryptocurrency exchanges are an unregulated mess
The U.S. Securities and Exchange Commission has issued a warning on cryptocurrency exchanges. The SEC says that many exchanges are currently unregulated and can do whatever they want with your money. As an investor, you should be extremely carefu…
View More SEC says cryptocurrency exchanges are an unregulated mess