Citigroup to Offer Low-Risk Crypto Product for Institutional Investors: Report

Investors may now have a new way of purchasing cryptocurrencies without actually having to own them. Manhattan, New York-based banking giant Citigroup has reportedly developed a product which could reduce the risk hedge funds and asset management firms are exposed to when they invest in cryptocurrencies. According to the Business Insider, the instrument which was … Continued The post Citigroup to Offer Low-Risk Crypto Product for Institutional Investors: Report appeared first on CCN

Read More

Expedia Stops Accepting Bitcoin, Driving Users to Alternative Travel Sites

Expedia, the online travel agency that has been one of the largest merchants to accept bitcoin since 2014, has quietly stopped accepting the cryptocurrency, forcing users to seek alternative travel services. Marketexclusive.com reported on July 2 that an Expedia spokesperson confirmed the company would not accept bitcoin for hotel or flight bookings and that it The post Expedia Stops Accepting Bitcoin, Driving Users to Alternative Travel Sites appeared first on CCN

Read More

Coinbase Suspends WikiLeaks Shop for Terms of Service Violation

In one fell swoop, US-based cryptocurrency trading platform Coinbase has blocked WikiLeaks Shop from transacting on the exchange. As a result, Coinbase “can no longer process brokerage orders via their banking relationship,” according to a letter sent to WikiLeaks that was published in Gateway Pundit. According to WikiLeaks on Twitter, the move was sudden and Coinbase The post Coinbase Suspends WikiLeaks Shop for Terms of Service Violation appeared first on CCN

Read More