JMP Group LLC, a leading San-Francisco-based investment banking and asset management company, released its cryptocurrency findings for 2017 and shared an outlook on the M&A activity in the digital coin market for 2018. According to the research, cryptocurrency M&A activity was not correlated with the pressure that has hit the overall cryptocurrency market in 2017.…
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NETELLER, a digital wallet provider and part of Paysafe Group Plc (LON:PAYS), has just announced that it is now offering its customers the opportunity to instantly buy and sell cryptocurrencies, as cryptocurrency adoption continues to grow. As of today, NETELLER users can buy, hold and sell cryptocurrencies via a recognised cryptocurrency exchange including Bitcoin, Bitcoin…
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More BitGo news today, as Formosa Financial, the one-stop financial services platform for managing digital assets, has announced a collaboration with BitGo to integrate BitGo's custodial services into the Formosa Financial suite of digital asset management tools. Having successfully reached their hard-cap via private round funding this May, Formosa Financial is aiming to solve many…
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Mike Novogratz is undoubtedly one of the biggest cryptocurrency supporters., often commenting on the bright future of Bitcoin and the whole market. Now, he is teaming up with Goldman Sachs, which was rumoured to be creating a cryptocurrency trading desk, to invest in BitGo Holdings Inc. According to their website, BitGo describes itself as a…
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Coinbase is definitely going all-in the cryptocurrency game, as it continues to expand its current portfolio. The latest addition, however, has sparked some conversation as to why the exchange has decided to list one of the most experimental coins out there - ZRX, or simple, 0x. The coin was added on October 16th, across the…
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Cointelegraph just reported that a young man from Russia is currently facing court allegations, as he illegally mined Bitcoin through state-owned servers. Reportedly, the man is from Kurgan, a Siberian city. The "theft" was reported by the local office of Russia’s Federal Security Service or FSB. The breach, however, occurred not only in his region,…
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Fidelity Investments, one of the biggest US financial companies in the world, managing around $7 trillion in client assets, is now launching a completely new company that will only handle cryptocurrencies for their clients. The new entity, called Fidelity Digital Asset Services, will handle cryptocurrency trades and help institutional investors with their digital asset businesses.…
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Hackers are reportedly selling hacked Facebook accounts, and the sensitive data in them, through the dark web. Estimation shows that the stolen data is currently worth anywhere between $120 and $600 million. Individual Facebook accounts are now sold for anything between $3 and $12 per account, and people wishing to obtain those can pay in…
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According to CipherTrace, hackers have already stolen $927 million in cryptocurrencies for the first three quarters of 2018. The other staggering statistic is that of all payments made between criminal groups, 97% used unregulated crypto exchanges. There are two major mishaps that contributed to the large amount of stolen cryptocurrencies. The first one was the…
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David Swenson, or as many will call him, the "Warren Buffet of Yale", is the investment guru that has been running the Yale Endowment Fund for over 33 years now. Managing around $30 billion in assets under management, Swenson is famous for his wealth management abilities and his shrewdness when it comes to allocating the…
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