While Major Crypto Exchanges Flourish, Minor Platforms Struggle

The world’s largest crypto brokerage Coinbase is reportedly close to finalizing a $500 million funding round at a valuation of $8 billion, and Binance has started to become more active in the investment sector, funding blockchain startups internationally. While major cryptocurrency exchanges like Coinbase, Binance, and BitMEX are seeing their businesses flourish with lucrative business …

NYU Offers First Crypto Major in US, Sees Exponential Increase in Interest

New York University, a prestigious college found in 1831, has started to offer the first crypto major course in the US. Adjunct professor Andrew Hinkes told CBS New York in an interview that the institution is helping students understand both the legal and the business implications of crypto and blockchain technology. Hinkes said: “We hope …

Coinbase Joins Race For A Crypto ETF, Seeks Help From BlackRock

Coinbase has thrown its hat in the ring to launch a cryptocurrency exchange-traded fund (ETF) and has approached BlackRock for help, according to unnamed sources interviewed by Business Insider. BlackRock, which manages $6 trillion in assets, has pioneered ETFs and has a blockchain working group. Coinbase, which announced a cryptocurrency index fund for accredited investors …

A Billion People Will Be Using Cryptocurrency in 5 Years: Coinbase CEO

The world of money is revolutionizing in front of our eyes. Cryptocurrency is creating new paradigms for alternative payment systems and decentralized banking. There is no doubt that the user adoption of various cryptocurrencies is rapidly increasing. The cryptocurrency industry has become more fluid as the borders between it and mainstream finance continue to blur. …

Coinbase Scores Major Whale for Institutional Brokerage Service: Report

Industry giant Coinbase has scored a major win for its recently-launched institutional brokerage service, as a major hedge fund has begun using its platform to dip its toe into the fledgling cryptocurrency market. Citing unnamed sources familiar with the matter, Business Insider reports that the $20 billion hedge fund — whose name was not disclosed …

Coinbase Additions, Enterprise Patents, and Massive Hacks: This Week in Crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The Bitcoin Podcast by CCN on iTunes or wherever you get your podcasts. Price Watch: Bitcoin fell nearly 8% this week after jumping above $6,800 early this week. The market …

Watch Out Bears, Crypto’s Only Getting Started: Coinbase CTO

Coinbase CTO Balaji Srinivasan ignited a Twitter firestorm yesterday when he tweeted that while 63% of the world’s adults own smartphones, only 8% of those in the U.S. and less than 1% worldwide  own cryptocurrency, indicating there is a potential user base that is 60 times larger than the existing user base. Some agreed that …

Expedia Stops Accepting Bitcoin, Driving Users to Alternative Travel Sites

Expedia, the online travel agency that has been one of the largest merchants to accept bitcoin since 2014, has quietly stopped accepting the cryptocurrency, forcing users to seek alternative travel services. Marketexclusive.com reported on July 2 that an Expedia spokesperson confirmed the company would not accept bitcoin for hotel or flight bookings and that it …

Coinbase, Billionaire Peter Thiel Back New ‘Reserve’ Stablecoin

Coinbase and Silicon Valley investor Peter Thiel are among over 40 groups, funds, and angel investors backing the latest addition to the cryptocurrency ecosystem’s stablecoin arsenal, a new stable token called Reserve, which  closed $5 million in its first round of funding The stablecoin, which is pegged 1:1 to the value of USD, is in …