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Millions in cryptocurrencies frozen after Canadian founder's death

2 weeks ago DieselGasoil Comments Off on Millions in cryptocurrencies frozen after Canadian founder's death
TORONTO (Reuters) – About C$180 million ($137.21 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in December. Jewelry with the Bitcoin logo is seen on display at the Consensus 2018 blockchain technology conference in New Read More

Bitcoin investors switching from virtual coins to paper gold, investment strategists say

3 weeks ago DieselGasoil Comments Off on Bitcoin investors switching from virtual coins to paper gold, investment strategists say
The plunge of cryptocurrencies has forced investors to seek other safe havens in traditional commodities, like precious metals. Investing analysts have revealed that many are turning to gold exchange-traded funds (ETFs). The world’s most popular cryptocurrency, bitcoin, has been trading below $4,000 for nearly three weeks. Other major digital currencies, including Ethereum and Ripple (XRP) Read More