The third-largest cryptocurrency by market cap of almost $14 billion is up by 3.92 percent in the past 24-hours while trading at $0.333, as per Coinmarketcap. After going to the yearly low at about $0.28 in December last year, XRP hasn’t been managed to make much progress, price wise.
Jed McCaleb, the current Chief Technological Officer (CTO) of blockchain project Stellar and the founder of the now-defunct cryptocurrency exchange Mt. Gox is facing a lawsuit over his alleged mismanagement of the Tokyo-based trading platform, The Next Web reports, June 26, 2019. Former Traders Sue Jed McCaleb On May 19,…
Institutional cryptocurrency lender Genesis Capital, which manages crypto funds for family offices and high net worth clients, has recently revealed it’s seen institutional counterparty volumes rise “two to three times” over the past 12 months, as bitcoin moves closer to its near $20,000 all-time high.
ErisX’s CSO, Matt Trudeau, detailed the company’s four important plans for the future, which includes launching a spot market, to secure a Bit License, DCO, and to launch a futures market. ErisX currently has a DCM contract, which is a Derivative Contract Market that allows ErisX to run a CFTC-regulated futures exchange. However, ErisX aims […]
Officials in Lake City, Florida, paid $500,000 worth of bitcoin to hackers who had brought down the city’s computer system for two weeks. Lake City is the second Florida town in as many weeks to pay a bitcoin ransom as a result of a ransomware attack.