Cryptopia In Crisis: Joe Lubin’s Ethereum Experiment Is A Mess. How Long Will He Prop It Up?

year ago, Joe Lubin seemed like one of the most prescient people on the planet. Cryptocurrencies like ether were in the midst of a hockey-stick ascent, and Lubin, a cofounder of the Ethereum blockchain and one of its most articulate pitchmen, was scheduled to speak at events from Davos to SXSW. At his firm’s “Ethereal Summits,” it was standing room only, with crowds hanging onto his every utterance, no matter how bizarre…………….

Source: Cryptopia In Crisis: Joe Lubin’s Ethereum Experiment Is A Mess. How Long Will He Prop It Up?

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$190 Million in Crypto Gone Forever, How Canada’s Biggest Exchange Lost All of It

QuadrigaCX, the largest bitcoin exchange in Canada, has lost $190 million worth of crypto after it lost access to its cold storage wallets. An affidavit filed on January 31 with the Supreme Court of Nova Scotia revealed that $190 million in Bitcoin, Bitcoin Cash, Bitcoin Cash SV, Bitcoin Gold, Litecoin, and Ethereum were lost. How Did the Bitcoin Exchange Lose All of its Crypto Funds……

Source: $190 Million in Crypto Gone Forever, How Canada’s Biggest Exchange Lost All of It

Japan May Approve Cryptocurrency ETFs After Saying No to Futures: Report

The Financial Services Agency of Japan is considering approving exchange-traded funds which track digital assets, Bloomberg reports. According to sources who confided in Bloomberg, the financial regulator is at the moment gauging sector interest in exchange-traded funds tracking cryptocurrencies. This comes less than a month since the financial watchdog put aside plans for cryptocurrency futures. Consequently, the regulator abandoned efforts to revise Japan’s securities law, a move that would have seen the listing of cryptocurrency options and futures on major financial exchanges.

Source: Japan May Approve Cryptocurrency ETFs After Saying No to Futures: Report

Monfex – Brand New Leverage Exchange with Social Trading – NullTX

Cryptocurrency has come a long way since its inception. As the industry developed, the volatility has dropped significantly. We saw evidence of that in the second half of 2018 when the market has traded sideways for over 3 months. Specifically, there was very little volatility in September through mid November. Many traders would assume that there is little profit to be made during such a market, however nothing could be further from the truth…….

Source: Monfex – Brand New Leverage Exchange with Social Trading – NullTX

Estonia’s Government Has Issued Over 900 Crypto-related Licenses in Less Than One Year – Omar Faridi

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Government officials in the Baltic nation have adopted a progressive approach to regulating cryptoassets, however, local companies have complained that Estonia’s financial institutions are still reluctant to provide standard banking services to crypto-related businesses. Notably, Estonia was among the first countries in Europe to develop regulations and legalize crypto-related transactions. At present, there are about 500 licenses Estonia’s authorities have issued to firms operating cryptocurrency exchanges. Additionally, the country’s financial regulators have authorized over 400 crypto wallet services to offer their products to Estonian residents…………….

Read more: https://www.cryptoglobe.com/latest/2018/11/estonia-s-government-has-issued-over-900-crypto-related-licenses-in-less-than-one-year/

 

 

 

 

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