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Larsen and Major Players Move 600 Million XRP
Cryptocurrency Projects
November 30, 2020
by CCM

Larsen and Major Players Move 600 Million XRP

As the price of XRP surged to a high of $0.71, a price not seen since April 2018, Ripple’s co-founder, Chris Larsen and other major crypto players transferred about 600 million XRP. The report received revealed that Upbit has singlehandedly

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Bithumb To Shut Down Offices Due To COVID-19
Cryptocurrency Exchange Info
November 27, 2020
by CCM

Bithumb To Shut Down Offices Due To COVID-19

South Korea’s largest cryptocurrency exchange Bithumb, is planning to shut down some of its offices temporarily as a result of the effects of the COVID-19 pandemic. The exchange made the announcement today, saying plans are already in place to close its

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Globe Derivative Exchange Raises $3 Million
Cryptocurrency Exchange Info
November 25, 2020
by CCM

Globe Derivative Exchange Raises $3 Million

A surge in the price of Bitcoin and the growth of decentralized finance (DeFi) has led several crypto companies to readjust their strategy and step up their game in the sector. Major players from various sectors of the economy have not

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Will Bitcoin Reach Previous Highs By Years End
Latest Crypto News
November 22, 2020
by CCM

Will Bitcoin Reach Its Previous Highs By Year End?

It is clear that Bitcoin has been on a bullish uptrend for the past year and its value has risen nearly 5x since March. This had led many traditional investors to wonder if now is the time to hop in

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Grayscale Hits $10 Billion in Assets Under Management
Investing In CryptoCurrency
November 20, 2020
by CCM

Grayscale Hits $10 Billion in Assets Under Management

According to a recent post, cryptocurrency hedge fund Grayscale Investment now holds Bitcoin worth about $10 Billion. The report reveals that the major hedge fund has more than 500,000 Bitcoin in its fund. This is little surprise for anyone in the

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Airbnb Poised To Change Stance On Cryptocurrency
Cryptocurrency Adoption
November 18, 2020
by CCM

Airbnb Poised To Change Stance On Cryptocurrency

Vacation rental online firm Airbnb has always taken a negative stance on cryptocurrency adoption. But it seems the company is about to make a u-turn, according to the prospectus for its imminent Initial Public Offering (IPO). The prospectus for its IPO,

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QuadrigaCX Trustee Says Not Enough Funds To Pay Claims
Cryptocurrency Exchange Info
November 16, 2020
by CCM

QuadrigaCX Trustee Says Not Enough Funds To Pay Claims

It seems that the troubles of the defunct QuadrigaCX crypto exchange are not yet over, as the creditors of the exchange have made $171 Million in claims. However, the consulting firm EY, who were named trustees of the exchange say there

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China Construction Bank Tokenizes $3 Billion in US Debt
Latest Crypto News
November 13, 2020
by CCM

China Construction Bank Tokenizes $3 Billion in US Debt

Invest ETH On The Blockchain We’ve seen blockchain technology usher in some amazing things, especially when compared to traditional financial options. The meteoric rise of Decentralized Finance (DeFi) now allows for investor to garner almost unheard of gains. Now, even traditional banks

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Crypto Lending Platform Cred Files Bankruptcy
Cryptocurrency Projects
November 11, 2020
by CCM

Crypto Lending Platform Cred Files Bankruptcy

On November 7th, U.S. based cryptocurrency lending service Cred filed for Chapter 11 bankruptcy protection, which leaves many of the platform’s customers worried about the safety of their funds. Based on the court document filed by Cred’s legal team, the estimated

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FTX Crypto Exchange Founder is Large Biden Campaign Donor
Cryptocurrency Exchange Info
November 9, 2020
by CCM

Crypto Exchange Founder is Large Biden Campaign Donor

To say that this year’s U.S. Presidential elections are crazy would be an understatement. There have been all kinds of lies fraud and unrest surrounding this campaign. Here is just another piece of the crap pie that is the 2020 election

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