Bitso Partners with Coincover to Enhance Crypto Protection

Bitso Partners with Coincover to Enhance Crypto Protection

Bitso, a leading cryptocurrency exchange in Latin America, has teamed up with Coincover, a prominent blockchain protection company, to bolster its digital asset security. This partnership aims to provide comprehensive protection for Bitso’s clients’ funds against potential threats such as hacking or loss of access. Coincover’s integration with Bitso’s multi-party computation (MPC) infrastructure offers a…

Institutional Crypto Investment Surges in Q2 2024

Institutional Crypto Investment Surges in Q2 2024

Institutional demand for cryptocurrency saw a significant increase in the second quarter of 2024, marking a pivotal moment for the crypto industry. As mainstream financial institutions deepen their engagement with digital assets, the surge in institutional crypto investment reflects growing confidence in the long-term viability of cryptocurrencies, even in the face of economic uncertainty. Goldman…

SEC Sues NovaTech Over Major Fraud Allegations

SEC Sues NovaTech Over Major Fraud Allegations

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency company NovaTech and its co-founders, Cynthia and Eddy Petion, alleging that they orchestrated a fraudulent scheme that amassed over $650 million from more than 200,000 investors globally, including a significant number of Haitian-Americans. The SEC alleges that NovaTech and the Petions falsely…

Marathon Digital Plans $250 Million Note Sale

Marathon Digital Plans $250 Million Note Sale

Marathon Digital Holdings Inc. (NASDAQ:MARA) Marathon Digital Holdings Inc. has announced plans to sell $250 million in convertible senior notes, with the proceeds earmarked for acquiring additional Bitcoin. This move aligns with a strategy similar to that of MicroStrategy Inc., which has been increasing its Bitcoin holdings over the years in anticipation of a rise…