Category Archive: Cryptocurrency, No picture
Goldman Sachs Endorses Bitcoin as New Asset Class
Key Takeaways Goldman Sachs has published a report about Bitcoin’s potential. The report includes comments from several Goldman Sachs members, including Head of Digital Assets Matthew McDermott. Goldman Sachs launched a cryptocurrency trading desk for institutional investors earlier this month. Financial giant Goldman Sachs has acknowledged Bitcoin as a new asset class in comments made […]
Another Security Attack on Binance Smart Chain
Key Takeaways Bogged Finance reported that an unknown attacker successfully drained $3 million from its liquidity pools. The attack used a flash loan to exploit a code vulnerability. The rising number of attacks on Binance Smart Chain projects has created major security concerns for the blockchain. Bogged Finance, a project built on Binance Smart Chain […]
Ray Dalio Owns “Some Bitcoin” as an Inflationary Hedge
The chief economist and founder of Bridgewater Associates, Ray Dalio, says that he owns “some Bitcoin.” Ray Dalio Owns Bitcoin Ray Dalio, the billionaire investor who presides over the asset management firm Bridgewater Associates, says that he holds Bitcoin. Speaking to Michael J. Casey at Consensus, Dalio added that he’d rather own Bitcoin than a bond […]
Goldman Sachs Flashes Buy Signal for Coinbase Stock
Key Takeaways Goldman Sachs analysts have sent out a buy signal for Coinbase’s stock, targeting a price of $306. Crypto exchanges like Coinbase experienced record trading volumes during last week’s crypto crash. Huobi and OKex shares on the Hong Kong stock market dropped in tandem today as China’s crackdown continues. This Exchange News was brought […]
HSBC “Not Into Bitcoin,” Says CEO
Key Takeaways The CEO of HSBC says that the bank is “not into Bitcoin as an asset class,” according to a Reuters report. He explained that Bitcoin’s price volatility has prevented HSBC from promoting the asset class. The viewpoint held by HSBC contrasts the likes of Goldman Sachs and BNY Mellon, which have recently taken […]
Crypto Market Continues to Slide After Week of Chaos
Key Takeaways BTC, ETH, and most other leading crypto tokens plunged Sunday in another day of selloffs. The market faced a heavy correction this week amid fears over China’s regulatory stance on crypto. Although sentiment has turned low, it’s unclear whether the bear trend will last. The cryptocurrency bloodbath continues. Market Faces Heavy Correction Bitcoin […]
Cardano Close to Launching Smart Contracts: Charles Hoskinson
Key Takeaways In an exclusive interview with Crypto Briefing, Charles Hoskinson has discussed Cardano’s upcoming plans. Cardano is now heading towards the much anticipated hard fork codenamed Alonzo. The team is also training over 1,000 developers who want to write applications on Cardano. Charles Hoskinson discusses Cardano’s forthcoming plans. Cardano Founder Discusses Roadmap With a […]
Saturday Is Bitcoin Pizza Day: Here’s How to Take Part
Key Takeaways Bitcoin Pizza Day will take place on Saturday, May 22, 2021. There are several ways to take advatage of promotions, contests, airdrops, and giveaways this year. Participating users can win free pizza, free cryptocurrency, and promotional items from various companies. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. […]
U.S. Government Calls for Information on EtherDelta Hack
Key Takeaways The U.S. authorities are asking victims of EtherDelta’s 2017 hack to fill out a questionnaire related to the event. In 2017, a hacker alleged to be Anthony Tyler Nashatka stole more than $1.4 million from users of the DEX. The search for victims follows the indictment against Nashatka announced by a federal grand […]
Bitcoin Tumbles as China Issues Yet Another Threat
Key Takeaways Bitcoin and the rest of the crypto market turned negative today as news of China’s regulatory crackdown surfaced. The country’s Vice Premier and state council have pledged to introduce tighter crypto regulations. The Inner Mongolian province has also announced a whistleblower program for reporting on BTC miners. Bitcoin investors have panicked for a […]
