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Mike Novogratz Explains Why He’s Still All-In on Crypto

No one on Wall Street embraced cryptocurrencies with as much gusto as legendary trader Mike Novogratz. After Jamie Dimon called Bitcoin a “fraud”in September 2017, Novo, as he’s known, predicted, correctly, it would hit $10,000 and keep climbing. The former hedge fund manager and...

PayPal Launches Blockchain-Based Reward System for Employees

The company has launched an internal blockchain-based incentive platform for employees, Cheddar has learned. The initiative was built over a period of six months by about 25 people in PayPal's ($PYPL) San Jose-based innovation lab and launched in mid-November, according to Michael Todasco, the...

Bitmain Closing Israeli Development Center

The development center of Bitmain set up in Ra'anana two years ago under Gadi Glikberg will close this week and its 23 employees will be laid off, "Globes" learned this morning. Glikberg, who is a VP at Bitmain, will also leave. The Israeli activity...

CoinAll General Manager Presented at NextGen Blockchain Conference in Seoul

Katherine Deng, the general manager of a new conception exchange CoinAll, was invited to give a speech in Seoul at the the NextGen conference held by the leading crypto exchange OKEx. The conference opened under the background that the exchange business is currently in...

Chinese Miners Become the Biggest Bitcoin Short-seller in the Bear Market

The current Bitcoin price chart entirely mirrors this market’s last dismal bear market in late 2014 and early 2015. At that time, veteran miners were keep mining and holding their coins during the dark days and got amazing returns in the subsequent bull market...

Coinbase Continues to Explore Support for New Digital Assets

Coinbase continuing to explore the addition of new assets, and will be working with local banks and regulators to add them in as many jurisdictions as possible. As Coinbase announced in September, Coinbase’s goal is to offer support for all assets that meet our...