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Law Firm Hired by Bitfinex Confirms Tether Reserves
There are numerous theories regarding the roller coaster market movements of cryptocurrency over the past year. A popular one revolves around the use of Tether (USDT) to inflate the price of Bitcoin during the bull market, and deflate it on the way down. дальше »
2018-6-22 22:00 | |
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Crypto Hedge Fund Multicoin Valued at $75m After Fred Wilson’s VC Investment
Despite the recent decline of the cryptocurrency market, the promise of huge profits continues to lure investors to funnel some of their funds into these digital coins. Recently, the New York-based venture capital firm Union Square Ventures (USV) officially announced its investment in Multicoin Capital, which is a cryptocurrency hedge fund startup. дальше »
2018-6-22 21:43 | |
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Stellar Could Acquire Chain the San Francisco-Based Blockchain Startup
A San Francisco-based blockchain startup called Chain is making headlines in the crypto world. Fortune reports that cryptocurrency company Stellar is in talks to acquire the firm. According to the publication, the entirety of the $500 million acquisition deal will be paid in Stellar Lumens (XLM) coins. дальше »
2018-6-22 16:28 | |
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UK’s FCA Issues Yet Another Warning Against Crypto Brokers
The Financial Conduct Authority of the U. K. has warned traders against an unregulated firm called Cryptorobot365. The regulatory body blacklisted the firm for providing cryptocurrency investment services in the country without authorization from the agency. дальше »
2018-6-22 16:28 | |
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Bitcoin Outperforms Pantera Capital’s Diversified Cryptocurrency Fund
Dan Morehead, CEO of Pantera Capital, shared his thoughts on the tumultuous cryptocurrency market conditions, outlining that Bitcoin has managed to outperform the company’s Digital Asset Fund in May. дальше »
2018-6-21 21:00 | |
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Goldman Sachs Explore Crypto Trades, Can’t Rule It Out Having a Future in Finance
Speaking at an event, Goldman Sachs CEO Lloyd Blankfein talked about Bitcoin in an optimistic light, saying that although he doesn’t own any, he can’t rule out the cryptocurrency having a future in the world of finance. дальше »
2018-6-21 01:45 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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Malaysian Cryptocurrency Firm Garners $30 Million From Investors In Two Weeks
Malaysian company SIM Chain established itself in the cryptocurrency scene just two weeks ago, and it has already accumulated a whopping $30 million from Chinese investors recently. Since its launch on June 4, the company has already attracted a hundred business partners from mainland China. дальше »
2018-6-20 23:02 | |
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Tether Shows Law Firm Its Funds But Stops Short of an Audit
Tether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2. 6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning Tether’s inability to settle the solvency debate once and for all. дальше »
2018-6-20 21:10 | |
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B3i Moves Away From Open Source Hyperledger to Enterprise R3 Corda
The largest blockchain insurance consortium in the world, Blockchain Insurance Industry Initiative (B3i), is ditching the open source Hyperledger Fabric for the enterprise solution Corda developed by New York-based technology firm R3. дальше »
2018-6-20 20:51 | |
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Payments Company Square Receives New York Crypto License
Payment Company Square Inc. announced, on Monday, that it had received a BitLicense to operate in the state of New York. It has now become the ninth firm to receive a cryptocurrency license from the New York State Department of Financial Services (NYDFS). дальше »
2018-6-20 20:51 | |
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Digital Future Council Assembles Roster of Industry Leaders in Media, Tech
The Digital Future Council made its public debut on June 18, 2018, at the 2018 Cannes Lions International Festival of Creativity. With founding members from such organizations as IBM, Vice, CNN, Lego and Warner Bros. дальше »
2018-6-20 21:56 | |
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Bitfury Integrates Java, Allows for Private Chain Anchoring to Public Networks
Mining firm and blockchain software service company Bitfury wants to expedite blockchain development for traditional enterprise and business. Working toward this goal, the company announced today that it’s introducing Java binding for its blockchain service, Exonum. дальше »
2018-6-20 20:13 | |
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Square Cash App Gets Bitcoin Trading License in New York
Square, a payment processing company owned by Twitter CEO Jack Dorsey, has obtained a New York BitLicense. The firm announced the news on Twitter on June 18, 2018. The license grants approval for the company to offer Bitcoin trading services in New York via its Cash app. дальше »
2018-6-19 15:00 | |
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Jack Dorsey’s Square Obtains Ninth BitLicense Ever
Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018. дальше »
2018-6-19 00:00 | |
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Financial Services Provider Square Acquires New York Bitlicense
The company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York. дальше »
2018-6-19 23:10 | |
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The Bitcoin Wallet provider Xapo receives the 6th-bit ligence from New York State
Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator. Notably, this is the sixth-ever BitLicense the state has granted, with the last one being obtained by brokerage firm Genesis Global Trading in May 2018. With the obtained дальше »
2018-6-18 12:40 | |
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3 Reasons Why Ethereum Is A Better Investment Than Bitcoin, According to Brian Kelly
Brian Kelly, founder and CEO of digital currency-focused investment firm BKCM LLC, believes Ethereum might be a better investment than Bitcoin — and he provided CNBC’s “Fast Money” with three reasons why. дальше »
2018-6-16 17:00 | |
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Vote Threshold Is Met: EOS Can Finally Launch Its Platform
According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network. дальше »
2018-6-15 03:10 | |
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Card-Shaped NFC Wallet launched by Korean Firm “Keypair”
Wallets A new hardware wallet has been launched by the South Korean financial tech firm Keypair. The company’s Keywallet Touch has an interesting design as it’s shaped like a credit card and utilizes NFC technology. дальше »
2018-6-13 20:27 | |
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Korean Firm Keypair Launches Credit Card-Shaped NFC Hardware Wallet
A new hardware wallet has been launched by the South Korean financial tech firm Keypair. The company’s Keywallet Touch has an interesting design as it’s shaped like a credit card and utilizes NFC technology. дальше »
2018-6-12 18:40 | |
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June 11th Price Analysis: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Cardano, Stellar
The weak hands close their positions while the stronger hands who have sold at the highs use the opportunity to buy at lower levels. However, traders should not be in a hurry to establish fresh positions when the markets are in a firm bear grip. BTC/USDThe bounce in Bitcoin that started on May 29 failed дальше »
2018-6-12 06:02 | |
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Institutional Investors Move to Bitcoin ‘Inevitable,’ Says Wall Street’s ‘Crypto King’
‘Wall Street’s Crypto King’ Bart Smith is expecting institutional investors to move into the cryptocurrency market once regulations are clarified. Institutions Need Regulatory Certainty Smith runs the investment firm Susquehanna International Group which started investing in Bitcoin in 2014 and expanded in 2017 during the crypto boom. дальше »
2018-6-12 02:00 | |
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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen
South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens. дальше »
2018-6-12 23:18 | |
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Fidelity Looking for Crypto-Fund Managers After Series of Employee Departures
The wealth management firm is looking for employees to run its internal Bitcoin fund that was launched last year. Two key members of Fidelity’s crypto-team have left the company for other projects. дальше »
2018-6-11 10:00 | |
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Bitcoin May Replace USD As Main International Currency, Says Top Merger Adviser
While the United States trends towards isolationism, it’s also opening the door to have the dollar supplanted by Bitcoin as the primary international currency of choice. ‘If You Let Your Mind Wander a Little Bit’ The United States dollar is the main international currency and has been for more than 50 years. дальше »
2018-6-11 21:00 | |
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Melonport Co-Founders Become Advisors to Midas App
Bitcoin Press Release: Last week, the software provider Midas Technologies AG announced that Mona El Isa and Reto Trinkler join the company’s advisory board to support the development of the retail investing app Midas. дальше »
2018-6-11 15:52 | |
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Jason Attar Takes Cryptocurrency to the Big Screen in New Mockumentary
Award-winning comedian, actor, writer and director Jason Attar is once again heading for the big screen with his new project KevCoin: The Movie. A follow-up to his previous film One Night in Powder, Attar will don the guise of his infamous character Kevin Powder — a rock star “fixer” who’s constantly trying to reinvent himself through wild schemes — and take on the world of digital finance as he seeks out fame and riches. дальше »
2018-6-11 22:31 | |
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SEC Chairman: Cryptocurrencies Like Bitcoin Are Not Securities, but Most ICOs Are
U. S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all initial coin offering (ICO) tokens — or coins offered through a fundraising process — classify as securities. дальше »
2018-6-11 22:23 | |
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Atlas Cloud Mining Facility Nearly Complete for Crypto & Bitcoin Mining
IT service provider Atlas Cloud Enterprises has given an update of its progress. The firm is hoping to become the most cost-effective option in the blockchain and cryptocurrency mining industry. To date, Atlas Cloud is in possession of $8,000,000 in CAD cash to help fund its projects. дальше »
2018-7-9 16:18 | |
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