Coincheck Crypto Exchange Posts $490 Mln Profit, On Par With Japan’s Top Stock Exchange Japanese crypto exchange Coincheck earned an estimated ¥53.2 bln (approximately $490 mln) in the ten months between April 2017 and January 2018, the month of its unprecedented hack, according to data from parent company Monex Group Inc., Bloomberg reports April 27. By comparison,…
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Crypto Market Hitting $40 Trln In 10 Years “Definitely Possible”, Says Pantera Capital CEO Dan Morehead, CEO of Pantera Capital, a $1 bln cryptocurrency hedge fund, said that the crypto market could hit “$40 trln” within ten years, in an interviewfor Bloomberg Television April 26. The hedge fund’s first bitcoin-only fund returned over 25,000 percent when…
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