Category: Cryptocurrencies

Ripple Duels with Ethereum for Second Place Market Cap

Depending on what time you checked crypto prices over the past couple of days, you may have seen a new silver medal winner in terms of market capitalization. That's because Ripple and Ethereum have been trading off the spot with market caps just north of $22 billon. Of course, in either scenario, Bitcoin has remained on top with a cap of around $112 billion. As Forbes reports, the frequent change in guard...

New York State Attorney General Takes Aim at Crypto Exchanges

It's no secret that regulators have had some major concerns about cryptocurrencies. From concerns over hacks and scams to suggestions that the anonymity some currencies provide make them all-too-convenient for criminals, there's been no shortage of bad press facing the crypto market. The latest lash comes from the New York State Attorney General who's taking cryptocurrency exchanges to task for not doing more to protect consumers. As Mashable writes, a new report...

Google Play Store Removes Some Cryptocurrency Wallets

Android users searching for a cryptocurrency wallet in the Google Play store yesterday may have been out of luck. According to The Next Web, at least three crypto wallets were removed from the app marketplace overnight, including Bitcoin Wallet, CoPay, and BitPay. However it appears that at least Bitcoin Wallet has made it back to the Play Store at this time. TNW notes that both CoPay and BitPay have been...

Yahoo Finance Adds Cryptocurrency Trading to iOS App

Yahoo Finance is jumping into the crypto market. After adding dozens of cryptocurrency quote pages last year, the company will now allow users to trade crypto via their iOS app. At launch, the four coins supported are Bitcoin, Ethereum, Litecoin, and (somewhat surprisingly) Dogecoin. The new ability is made possible thanks to Yahoo's partnership with  TradeIt, which was launched just under one year ago. That integration allowed Yahoo users to link their brokerage...

Long Game Incentivizes Saving with Cryptocurrency Rewards

One of the many trends that have taken over the personal finance world in recent years has been the idea of gamification. For example, some finance gurus have extended various money challenges to their followers to help them achieve worthwhile financial goals in a less intimidating way. Then there's the iOS and Android app Long Game, which takes this gamification concept quite literally. Now the application is incentivizing its users...

SIM Swapping Hack Proves Latest Threat in Cryptocurrency Theft

For all the excitement and possibilities that come with cryptocurrencies, there's also been a fair number of frustrations. Looking past the price volatility that's sunk many investors' accounts, hacking has also proven to be a problem for crypto holders. Adding to the issue, there's little recourse hacking victims can take should their wallets be breached. As CNBC reports, the latest crypto hacking scheme is what's known as SIM swapping. The...

Square Announces Cash App Bitcoin Sales in All 50 States

Multi-faceted FinTech firm Square had some big news to share yesterday, announcing that users of their Cash App could now purchase Bitcoin regardless of which state they reside. In a tweet sharing the news, Square declared "Red, white, and Bitcoin,"accompanied by an image of a bald eagle carrying a Bitcoin logo 'B.' The 50-state milestone comes just weeks after the app celebrated clearing a regulatory hurdle in New York, clearing the...

Starbucks' Crypto Partnership Causes Confusion

Years after they first took a shine to the concept of mobile payments on their way to leading the space, Starbucks has announced that it is turning its attention to cryptocurrencies next. Last week the ubiquitous coffee chain announced that it — along with BCG, Microsoft, and others — would be working with a new company called Bakkt to "create an integrated platform that enables consumers and institutions to buy, sell, store and spend...