Cryptocor

We cover news and analysis on the trends, price movements, technologies, companies and people in the digital currency world. Digital currency is a rapidly evolving industry and we believe one of the biggest developments in internet history in the making.

Blockchain Uses in Business

What Is Blockchain Technology?

Blockchain technology eliminates the need for a trusted party to facilitate digital relationships and is the backbone of cryptocurrencies.

PayPal Acquires Crypto Security Firm Curv for Nearly $200M

PayPal announced announced the aquisition of Tel Aviv-based startup Curv, which uses a novel form of cryptography to safeguard customers’ stashes of Bitcoin and other digital assets. PayPal did not disclose financial terms in the press release announcing the Curv deal ,but a person close to the company told Cryptocor it was for nearly $200 million. The deal […]

Is Bitcoin an Alternative to Gold rather than a Currency?

Rebecca Patterson, the director of investment research at Bridgewater Associates, said Bitcoin could be better compared to gold than a currency . Several similarities between both assets support the argument that Bitcoin is the “digital gold”. Bitcoin = Digital Gold In a recent interview with Bloomberg, Patterson said she wouldn’t call Bitcoin an alternative currency, but mentioned […]

Dubai-based Firm FD7 Ventures Selling $750,000,000 In Bitcoin To Buy Two Altcoins

Dubai-based firm FD7 Ventures with $1 billion in assets under management is selling Bitcoin to boost its position in two of the largest altcoins by market cap, Cardano and Polkadot. Managing director Prakash Chand says Bitcoin may have achieved a first-mover position as a digital store of value, but believes that other projects like Cardano (ADA) and […]