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Thriller Crypto

Malaysia to Jail Illegal ICO and Crypto Exchanges Operators for 10 Years

Running an unregistered crypto exchange or an initial coin offering (ICO) in Malaysia could land the operator in jail for a maximum of 10 years. $2.43 Million in Fines Securities Commission Malaysia (SC), the country’s top financial watchdog, has announced that it would categorize cryptocurrencies such…

Invesco Bullish on China as US Firms Blame Trade War for Revenue Woes

Investment management firm Invesco has suggested that opportunities exist in China despite the earnings warnings that U.S multinationals have issued in response to the ongoing trade war. Speaking to CNBC, Invesco’s chief global market strategist, Kristina Hooper, stated that U.S. companies have “overly blamed China”…

Russian Prime Minister: Don’t ‘Bury’ Crypto over Bear Market Woes

Russian Prime Minister Dmitry Medvedev has addressed the cryptocurrency bear market in a speech at the Gaidar international scientific forum, according to local media outlet TASS. Russian PM Warns Against Discounting Bitcoin On Tuesday, Medvedev stressed the importance of carefully monitoring the situation of Bitcoin…

Binance Launches Euro and Pound Fiat-to-Crypto Platform in Jersey

European and British investors looking for a gateway to covert their fiat into cryptocurrency have just gotten another venue to trade on. Popular digital exchange Binance has launched a euro and pound fiat-to-crypto trading platform in the British Crown dependency of Jersey. Also Read: The…

BitMEX Research: ICO teams have allocated $24B in tokens to themselves

BitMEX Research, the research arm of cryptocurrency exchange BitMEX, published a piece in collaboration with TokenAnalyst which analyzed the token allocations of over 100 ICO teams. According to the analysis, ICO teams initially allocated $24B worth of their native tokens to themselves. At peak valuation,…

Dow Jumps 145 Points as Markets Shrug off Brexit Blunder

U.S. stocks extended gains after the bell on Monday, as investors shrugged off Theresa May’s Brexit blunder and shifted their focus to corporate earnings season. Dow in the Green All of Wall Street’s major indexes traded sharply higher in the early morning. The Dow Jones…

Crypto Exec: Bitcoin Was “Purpose-Built” To Be Store Of Value, Not Cash

Although the crypto industry has changed dramatically in its decade-long lifespan, the narrative surrounding Bitcoin (BTC), along with its cardinal value proposition. has been steady, more or less. Yet, there have been a few nuances. Case in point, over recent years, proponents of BTC have flickered…

Genesis Partners With Blockchain Security Firm to Provide Direct Custody Operations

Blockchain security firm BitGo has partnered with Genesis Global Trading to enable direct trading on its custody service. Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from…