Business News

Allianz Global Investors Chief Calls for Cryptocurrency Ban

| Yogita Khatri

The CEO and global CIO of Allianz's investment arm has said cryptocurrencies should be banned by regulators.

Romper Room to White Linen: Saying Goodbye to Crypto’s Infant Anarchy

| Sheila Bair

As the crypto markets have matured, they've seen increasing acceptance with traditional finance and regulators, but there's still a way to go.

kraken, jessee

Kraken Is Seeking ‘War Chest’ Investment at a $4 Billion Valuation

| Nikhilesh De

Crypto exchange Kraken is seeking investment from select clients with a minimum $100,000 buy-in.

Cheap Power Is Luring Battered Bitcoin Miners to Iran

| Wolfie Zhao

Some crypto miners are looking to Iran for its low-cost power – but the path to setting up shop in the country is anything but simple.

Mark Karpeles

10-Year Jail Term Sought for Former Mt Gox CEO Mark Karpeles

| Yogita Khatri

Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.

Payments Startup Bitwala Now Offers Crypto Banking in Germany

| Yogita Khatri

Germany-based payments startup Bitwala is now offering crypto banking services in the country.

alarm, time

The Future of ICOs: In the Hands of Regulators or Innovators?

| William Mougayar

What is the future of initial coin offerings? One of the movements early leaders suggests the market might be at a tipping point.

Gemini Launches New Mobile App for Crypto Traders

| Nikhilesh De

Gemini has launched a mobile app with full functionality, allowing customers to buy, sell and transfer funds, among other features.

The CFTC Wants to Learn More About Ethereum

| Nikhilesh De

The CFTC has published a request for input to learn more about ethereum and its underlying blockchain network.

ConsenSys ‘Town Hall’ Shows Staff Shaken at Ethereum’s Largest Startup

| Zack Seward and Brady Dale

Chat logs obtained from a ConsenSys town hall last week reveal a mix of shock and support following the company's announced layoffs.