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Derivatives exchanges fed bitcoin crash

Leveraged trading platforms played a big part in driving last week’s price collapse in bitcoin and ethereum, says a cryptocurrency fund manager. On March 12th bitcoin dropped from $7,800 to […]

Ethereum collapse makes MakerDAO insolvent

According to CoinDesk, the MakerDAO protocol that underlies automated lending on the ethereum blockchain has run out of collateral, threatening its solvency. MakerDAO faces an emergency shutdown with $4 million […]

The cross-border payment challenge

Domestic payments—those within a single currency area—are becoming faster, easier and safer. But the opposite is true when payments go global. There are six deep-rooted reasons for the opacity, high […]

BitGo enters crypto-asset lending market

Crypto-asset custodian BitGo is launching a new service for institutional clients, enabling them to lend out their bitcoin or obtain cash loans for cryptocurrency collateral, the firm announced today. “BitGo […]

India lifts cryptocurrency ban

India’s supreme court has struck down a two-year ban on cryptocurrency use in the country, boosting the prospects for adoption of virtual currencies in the world’s second most populous state. […]