Early cryptocurrency investor Mike Novogratz has hired Goldman Sachs executive Richard Kim as the new chief operating officer for his merchant bank, Galaxy Digital, according to a person familiar with the matter. Kim, whose LinkedIn profile says he was...
Popular cryptocurrency exchange Coinbase is launching a new incubator fund for early-stage start ups, the company announced Thursday."We're going to invest off our balance sheet into crypto companies," Coinbase President and Chief Operating Officer Asiff Hirji told CNBC's...
Regulated financial institutions in India can no longer legally deal with cryptocurrencies, the Reserve Bank of India announced Thursday. "In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not...
When the Israeli native realized there were no crypto courses listed for 2018, he rallied 12 classmates and sent a letter addressed to professors and associates of the business school. "Many of us will have...
The head of a small company that has attracted controversy over its ties to cryptocurrency said that he is not going to sell his shares while he is fighting $1.4 billion in bets against the stock. "I'm not...
The U.S. Securities and Exchange Commission is investigating trading activity in shares of Longfin, a tiny stock that surged astronomically in December after the firm announced a cryptocurrency-related acquisition, the company disclosed late Monday. Longfin (Ticker: LFIN) shares plunged...
The memo was reportedly sent by Umar Farooq, head of channels, analytics and innovation for treasury services and head of blockchain initiatives for JPMorgan's corporate and investment bank, Reuters said. J.P. Morgan developed its...
The growth of new active bitcoin users is slowing, which by "Metcalfe's law" indicates that the cryptocurrency's market capitalization will not grow as quickly as it has, some Swiss researchers said. Metcalfe's law says the value of a network...
Ken James | Bloomberg | Getty Images A United Parcel Service Inc. (UPS) worker loads orders onto a truck in the shipping...
All of the top 20 cryptocurrencies by market cap are down for the year. Except for one, VeChain. That digital currency has gained more than 28 percent since January 1, which one analyst says is thanks to big-name...
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