Business Updates | Crypto Briefing

BitMEX’s 3rd Lawsuit in 2020 Doubles Down on Illicit Enrichment, Market Manipulation

Business Oct. 16, 2020

HDR Global Trading Limited, the company behind the infamous BitMEX exchange, faces one more lawsuit after being accused of illicit activities by CFTC and DOJ. This time, the plaintiff seeks...
OKEx Founder Under Police Custody, All Withdrawals Suspended Indefinitely

Business Oct. 16, 2020

Police interrogation with OKEx founder for an unknown investigation leaves exchange users scratching their heads and without their money. OKEx Pauses Exchange Withdrawals OKEx, a leading crypto exchange, announced that...
Nearly 2,000 Accounts Compromised in Latest Robinhood Hack

Business Oct. 15, 2020

Robinhood, a popular retail stock investment app, continues to suffer from hacks. The latest episode involved nearly 2,000 accounts. Robinhood Hacked Again Despite Security Measures As the team stated earlier,...
Crypto.com Grows to More Than 5 Million Users in Three Months

Business Oct. 15, 2020

Crypto.com, a cryptocurrency payments platform, reached five million total users. In three months, the company attracted two million users to reach this point, signaling a more vital retail interest in...
Ramp Network to Meet Growing Bitcoin Demands in Europe

Business Oct. 15, 2020

The British peer-to-peer platform Ramp Network now lets users from 36 European countries buy Bitcoin. BTC is the fourth cryptocurrency added to the platform, after ETH, DAI, and USDC. Ramp...
Institutions Rush to Bitcoin, Grayscale’s Record-Breaking Q3

Business Oct. 14, 2020

Between July to September, Grayscale saw $1.05 billion going into its investment products, the bulk of which went into Bitcoin. This was the third consecutive record-breaking quarter for the company. Grayscale...
Bitcoin’s Market Cap Could Surpass $1 Trillion, Says Fidelity Report

Business Oct. 14, 2020

Fidelity published a report last week focused on Bitcoin’s role as an alternative investment and how investing in BTC can help institutions diversify and eliminate risks related to traditional asset...
Multi-Billion Dollar Asset Fund Stone Ridge Reveals $115M Bitcoin Purchase

Business Oct. 14, 2020

Stone Ridge, an asset management company, has invested $115 million in Bitcoin, according to a press release. 10,000 BTC Purchased Stone Ridge says that it purchased more than 10,000 BTC,...

Business

BitMEX’s 3rd Lawsuit in 2020 Doubles Down on Illicit Enrichment, Market Manipulation

OKEx Founder Under Police Custody, All Withdrawals Suspended Indefinitely

Nearly 2,000 Accounts Compromised in Latest Robinhood Hack

Crypto.com Grows to More Than 5 Million Users in Three Months

Ramp Network to Meet Growing Bitcoin Demands in Europe

Institutions Rush to Bitcoin, Grayscale’s Record-Breaking Q3

Bitcoin’s Market Cap Could Surpass $1 Trillion, Says Fidelity Report

Multi-Billion Dollar Asset Fund Stone Ridge Reveals $115M Bitcoin Purchase