According to cryptocurrency analyst Alex Ziupsnys, the introduction of the crypto indices of Nasdaq could lead to the approval of a wide range of investment vehicles in the long-term.The analyst said: “NASDAQ to add a bitcoin index on its platform. They are reading the writing on the wall and don’t want to get left behind. There is no stopping this. Adoption happens gradually right in front of you, until you finally pause, look around, and bitcoin is the dominant asset…….
Blockchain analysis firm Chainalysis has disclosed that just two groups benefited from the majority of cryptocurrency hacks that have occurred to date. Per The Wall Street Journal, the two hacking groups could have obtained as much as $1 billion in cryptocurrencies. Since bitcoin came into being, over $1.7 billion worth of cryptocurrencies are estimated to have been stolen. According to Chainalysis’ chief economist, Philip Gradwell, the two hacking groups are most likely still active.
– Crypto Update https://www.pivot.one/share/post/5c499dd31d57e76b64b94075?uid=5bd49f297d5fe7538e6111b6&invite_code=JTOJYV
Japanese e-commerce firm Rakuten has announced a revision to its corporate restructure, setting up a new payments subsidiary that includes its cryptocurrency business, Cointelegraph Japan reported Jan. 21.Rakuten, known informally as ‘Japan’s Amazon,’ originally revealed in August last year it would seek to reorganize its various offshoots in order to improve accountability and decision-making processes…….
On Tuesday (January 15th), New Zealand-based cryptocurrency exchange Cryptopia announced that on Monday it had “suffered a security breach which resulted in significant losses.”Cryptopia is a leading digital asset exchange in New Zealand with over two million users. At press time (10:15 UTC on January 15th), this was the image that greeted visitors to Cryptopia’s website:
On Monday (January 21st), Falcon, a private Swiss bank that first became involved with cryptocurrencies in July 2017, announced that it was strengthening “its first-mover position in blockchain banking by introducing direct transfers of cryptocurrencies.”Falcon Private Bank (“Falcon”) is headquartered in Zurich, Switzerland, and it has branches in Dubai, London, and Luxembourg. On 12 July 2017, it started offering a service that allowed its private and institutional clients to buy and hold Bitcoin (BTC)………….
SBI Group, a Tokyo-based financial services firm that launched (last year) the first bank-owned digital currency exchange in Japan, has invested $15 million in Tangem, a Switzerland-based developer of “smart physical banknotes” for cryptocurrencies. As explained on Tangem’s official website, the company has designed proprietary slimline hardware wallets for digital assets – which it refers to as “smart banknotes………
Block.one, the Cayman Islands-registered tech firm that raised a record $4 billion through an initial coin offering (ICO) to help fund the development of EOS, a blockchain-based platform for creating decentralized applications (dApps), recently published an update regarding EOS’ adoption rate and network performance……….