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Bithumb to stop issuing virtual accounts, cites non-renewal of bank contract as reason

According to investment banking industry sources, cryptocurrency exchange platform Bithumb has decided to stop issuing new virtual accounts after 1st August. The acclaimed exchange platform, considered as one of the four biggest in South Korea, failed to renew their contract with Shinhan Bank after it got annulled. Soon after this, the exchange decided to apply […] дальше »

2018-8-2 15:47


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Novgorod goes to the $ 52.5 million fundraising circuit for Galaxy Digital Crypto-Lending Form

Crypto-focused merchant bank Galaxy Digital has recently led a $52.5 million fundraising round for crypto-lending firm BlockFi, according a blog post by the company July 24. Galaxy Digital CEO and founder Mike Novogratz confirmed in a tweet that he is, “excited to get into the crypto lending business.” With the new round of investment, the дальше »

2018-7-25 09:26


Bank of Canada’s Bitcoin Awareness Report Shows 58% of Owners Buy For Investment Reasons

Most Canadian Bitcoin Owners Use It For Investment Purposes Only A report by Bank of Canada (BoC) published on July 23rd shows that 58% of Canadians own Bitcoin for investment purposes. The top four reasons for Canadians owning Bitcoin, according to the study, were: purchasing it as an investment, friends owning Bitcoin, being interested in […] дальше »

2018-7-25 01:47


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Canada’s banking insurer owns about 58% of Canadian citizenship for investment purposes

Canadian citizens used Bitcoin (BTC) mainly for investment purposes in 2017, according to a study by the Bank of Canada (BoC) published July 23. According to the survey results, Canadians have mainly used the major cryptocurrency for investment purposes in 2017, rather than for transactions, which previously had been cited as the main reason for дальше »

2018-7-24 09:14


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B21 Opens A New Runway To Crypto

In the latest take-off slot from fiat world to crypto-land, B21 has announced a partnership that will make it easier for first-time users to start investing and holding cryptocurrencies. Using vouchers from Flexepin, users will be able to fund the B21 investment platform with cash, according to a press release issued yesterday by the two […] The post B21 Opens A New Runway To Crypto appeared first on Crypto Briefing. дальше »

2018-7-21 19:14


Penn Study: 4 In 5 Leading ICOs Don’t Keep Promises and May Contain Backdoors

According to new research findings from the University of Pennsylvania, many ICOs are taking their investors’ trust for granted. Not only do ICO developers seem to not implement promised features, the investment market as a whole seems to be optimal for ICOs that can be modified at any time. The researchers dug deep into code […] дальше »

2018-7-21 06:25


XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns

Ripple XRP’s centralized protocol could have far more implications on the token performance both now and in the long run according to Elvis Investment CEO, Anatoly Castella. A central protocol means that XRP was created all at once by the parent company – Ripple Labs Inc – with a majority of the cryptocurrency held by […] The post XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns appeared first on ZyCrypto. дальше »

2018-7-19 19:35


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Peter Gabriel, formerly the pioneer of the Genesis, was the start of the prevention of food supplies

British pop star Peter Gabriel has invested in blockchain startup Provenance, according to a press release July 18. The amount of his investment has not been disclosed. Gabriel jonis a group of investors led by Working Group Capital Fund, Digital Currency Group, Merian Ventures, and Plug and Play. Provenance’s goal is to create better transparency дальше »

2018-7-19 09:20


Cryptocurrency Regulation and Liquidity Improvements Will Pave the Way for Institutional Investment

The cryptocurrency world currently finds itself in a rather awkward state. There are various developments taking place which seemingly hint at the next stage of cryptocurrency adoption. According to Torque Ventures, institutional investors are on the verge of embracing this industry in a major way. дальше »

2018-7-18 22:00