Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
As Bakkt serves over 70 clients for its crypto-custodial services, it has extended the insurance cover from the existing $125 million to above $500 million in a partnership with insurance broker Marsh.
Ultimate Fighting Championship (UFC) is coming back with a new game called “It’s Time!”. Now it allows players to place new wagers in-between rounds.
Flash loans first presented by Marble Protocol in 2018 open possibilities that are hard to imagine. They are believed to reshape the world of cryptocurrencies and the economy in general.
Jack Ma, China’s richest man and co-founder of Alibaba Group, is going to leave the board of SoftBank on June 25. SoftBank’s Vision Fund has announced that its losses amount to $18 billion.
The future for Zoom and airlines will be unknown as the economy can change in any direction. Today Zoom market cap is close to the market cap of 7 biggest airlines taken together.
Andreessen Horowitz has identified consistent trends in Bitcoin epochs. The fourth bull crypto cycle is expected to come.
BitMEX, one of the largest crypto derivatives exchanges in the world, and its executives are facing a lawsuit accusing them of engaging in money laundering, wire fraud, racketeering and also unlicensed money transmission.
After the recent halving, Bitcoin is trading under $10,000. Meanwhile, gold has managed to hit new highs.
Moderna said its experimental coronavirus vaccine demonstrated immune responses in some of the healthy volunteers who were vaccinated in a clinical study. MRNA stock is up.
Ford (F) stock price has risen by 6% today as automakers in the U.S. have started to resume operations after the coronavirus lockdown. It seems that the economy has come one step closer to the recovery.
Sorrento (SRNE) stock price continues to rise. Today it’s around 35% up in the pre-market. This occurred after the biotechnology company announced a breakthrough in its COVID-19 antibody research.
The U.S. economy is going through an unprecedented recession and a recovery will take time. However, Federal Reserve Chairman Jerome Powell is optimistic about it. Dow futures are up after his interview.
JCB and TECHFUND will be working together to create a blockchain-based platform for security token offerings (STOs) and other enterprise-grade solutions.
Apple plans to reopen more stores in the U.S and Canada. Customers and employees would be put under strict health checks. Today in the pre-market, AAPL stock is rising.
Novavax (NVAX) and Moderna (MRNA) stocks remain a buy amid the coronavirus economic disruption. They are 7% and 27% up in the pre-market respectively.