All About CryptoCurrencies – Not Just About Bitcoin Anymore!

Voatz Bug Bounty Kicked Off of HackerOne Platform

March 31, 2020

For the first time in its history, bug bounty and vulnerability disclosure firm HackerOne has kicked a company off its platform. Blockchain-based voting company Voatz has long touted its bug bounty program through HackerOne when asked about the security of its blockchain-enabled mobile voting app. Founded in 2012, HackerOne connects businesses with pen testers and…

Australian Crypto Exchange CoinSpot Wins ISO Security Accreditation

March 31, 2020

CoinSpot, one of Australia’s top cryptocurrency exchanges by trading volume, says its security systems have been given the International Organization for Standardization (ISO) stamp of approval. The news marks the platform as the first cryptocurrency exchange in Australia to receive an ISO information security accreditation. CoinSpot now has a user base topping one million, according to…

Bitcoin Starts Strongest Quarter Q2 With Price Down Just 10% YTD

March 31, 2020

Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion. That was according to the latest quarterly price data from monitoring resource Skew.com on March 31, which showed that for Q1 2020, BTC/USD is only down by around 10.7%.  Bitcoin streets…

Civic Wallet Now Offers $1M ‘FDIC-Like Insurance’ for Crypto

March 31, 2020

Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover. Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first company to offer a non-custodial wallet with $1,000,000 protection. The wallet is currently in…

Coinbase Reports Record Bitcoin Buying Amid March 12 Crash

March 31, 2020

Leading United States-based cryptocurrency exchange Coinbase has published a report providing detailed insights into how its users responded to the violent crypto market crash suffered on March 12. While many in mainstream markets were panicking as President Trump’s travel ban sent shockwaves across the global economy, crypto traders on Coinbase were mobilizing funds to buy…

Crypto Markets Can Never Close, and That’s a Good Thing

March 31, 2020

Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own and are not investment advice. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. Shuttered shops. Empty streets.…

Binance to Launch Crypto Exchange Supporting KRW-Backed Stablecoin

March 31, 2020

Crypto exchange Binance is preparing to enter the Korean market for the first time. According to a company blog post on March 31, the Malta-based exchange will soon open Binance KR for trading. The crypto-to-crypto exchange is so named for South Korean traders.  Binance KR will be launched on Binance Cloud and offer the “market’s…

Mt. Gox Deadline Extended Again After Creditors Criticize Refund Proposal

March 31, 2020

The submission deadline for the Mt. Gox rehabilitation plan has been pushed back again after a draft proposed last week was met with opposition from numerous creditors. In the plan, proposed to Mt. Gox creditors at a March 25 meeting, rehabilitation trustee Nobuaki Kobayashi said he would, if authorized by the court, sell off some…

Bitcoin & Stocks Rise as US Economy Grinds to a Halt — Furloughs Soar

March 31, 2020

Monday proved to be a surprisingly fruitful day for Bitcoin (BTC) price as the digital asset rallied 12.73% to $6,599 before pulling back to $6,380 a few hours later.  Despite gloomy news of the U.S. reaching 3,000 deaths from the Coronavirus and major retailers furloughing 500,000 workers, traditional markets also surged on Monday. The S&P…

Tokyo District Court Extends Mt. Gox Rehabilitation Plan Deadline

March 31, 2020

The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of rehabilitation plans.  According to an official announcement published on the company’s website on March 30, Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi filed a motion with the Tokyo District Court to extend the submission deadline of a rehabilitation plan.…