Author: Turner Wright

Dacxi joins self-regulating trade group CryptoUK as executive member

CoinTelegraph

Digital asset exchange Dacxi is joining CryptoUK, a self-regulatory trade association for the U.K. cryptocurrency industry. According to an announcement from CryptoUK today, Dacxi will be joining the group as its 8th executive member alongside exchanges Binance.UK, Coinbase, CryptoCompare, Electroneum, Read More

‘Why I’m not investing in nothing burger Bitcoin’: Shark Tank’s Kevin O’Leary

CoinTelegraph

Businessman Kevin O’Leary, who appears on the reality TV show Shark Tank, seems to be backing away from statements he made in December indicating he might purchase more Bitcoin. In an episode of his YouTube series released today titled “Why Read More

XRP the ‘third largest collapse of all time’ says The TIE’s Josh Frank

CoinTelegraph

The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions. According to Josh Frank of crypto-focused research company The TIE, the Read More

NY Times report alleges history of pay discrimination at Coinbase

CoinTelegraph

San Francisco-based crypto exchange Coinbase may have had a problem with paying its employees fairly based on gender and race.  According to a report from The New York Times journalist Nathaniel Popper, Coinbase paid salaried Black employees roughly 7% less than people Read More

Coinbase announces it will suspend XRP trading as price drops another 10%

CoinTelegraph

Major cryptocurrency exchange Coinbase will suspend trading for XRP in response to the United States Securities and Exchange Commission taking legal action against Ripple. According to a blog post published today by Coinbase chief legal officer Paul Grewal, the exchange Read More

SEC unveils suit against Ripple, calling XRP a ‘$1.3B unregistered security offering’

CoinTelegraph

The U.S. Securities and Exchange Commission has taken legal action against Ripple as well as its CEO Brad Garlinghouse and co-founder Christian Larsen. In charges filed today in federal district court in Manhattan, the commission is alleging that the XRP Read More

Founder David Sønstebø out of Iota Foundation after ‘unanimous’ board decision

CoinTelegraph

David Sønstebø will no longer be a part of the Iota Foundation, a non-profit which he helped co-found and most recently co-chaired. According to an announcement from the Iota Foundation, the organization has “parted ways” with Sønstebø. It said it Read More

New institutional player — MassMutual purchases $100M Bitcoin

CoinTelegraph

Massachusetts-based insurance firm MassMutual just announced that it has purchased $100 million in Bitcoin for its general investment account. According to a report from The Wall Street Journal, the company purchased the coins — purportedly 5,470 Bitcoin (BTC) given the Read More