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Ikigai Founder: Bitcoin’s Beauty Shines in Comparison to Gold, BTC is a Central Bank Insurance Policy
Could any two investments seem more different than precious metals like gold and silver versus digital currencies? One is dug from the ground, forged in flames and hurts like heck when you drop it on your foot. дальше »
2019-5-29 18:46 | |
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Wells Fargo Strategist Throws Shade on Gold While Bitcoin Outshines All
By CCN: Wells Fargo’s name is synonymous with gold. Henry Wells and William Fargo launched the bank in the Wild West during the California Gold Rush, supporting both the investment in and delivery of the precious metal via its famous stagecoach. дальше »
2019-5-29 02:05 | |
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Shinhan Bank in South Korea to Leverage Blockchain to Pick Up the Loan Issuance Process
More and more companies are using the blockchain technology in order to make their processes more efficient. The Shinhan Bank, one of the oldest South Korean financial institutions, is no exception to this trend. дальше »
2019-5-28 20:41 | |
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Chinese Speculators Borrow Millions To Invest In Crypto, Says Bank CEO
Chinese speculators are borrowing in droves to take out positions in the bull market, according to one lender. BabelBank, one of the largest commercial crypto banks, has seen a significant increase in speculative borrowing. дальше »
2019-5-29 18:36 | |
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Bank for International Settlements Manager: Limits of Bitcoin and Blockchain Should Be Examined
The long-standing debates about the credibility, general acceptance and adoption of cryptocurrency is nowhere near its end. People have in the past argued both ‘for' and ‘against' mainstream adoption of digital currencies. дальше »
2019-5-27 02:22 | |
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Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. дальше »
2019-5-24 07:45 | |
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Supreme Court Advocate Suggests How to Regulate Crypto in India
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake, she explains. дальше »
2019-5-25 07:45 | |
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Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency
Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. дальше »
2019-5-23 20:00 | |
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Mike Novogratz Sells His Stake in Crypto Startup Block.one for $71 Million
Mike Novogratz’s Galaxy Digital has sold majority of its stake in cryptocurrency startup Block. one for $71 million – a 123 percent gain on its initial investment. Massive Payday for Novogratz’s Galaxy Digital Mike Novogratz’s Galaxy Digital has sold most of its share in Block. дальше »
2019-5-22 18:00 | |
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Mike Novogratz’s Galaxy Galaxy Digital Liquidates Block.One Stake for $72.1 Million
According to a press release issued May 21, 2019, Mike Novogratz’s Galaxy Digital Holdings Ltd. Received $71. 2 million after it sold its stake in Block. One, the firm behind the EOS blockchain network. дальше »
2019-5-22 15:19 | |
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Bank of China Council Member: Owning Bitcoin Is Still Legal in China
Sa Xiao, Council Member at the Bank of China Law Research Association, was reported as saying that holding Bitcoin in China is still legal. Xiao added that in addition to that, trading Bitcoin amongst individuals remains legal in the country. дальше »
2019-5-22 14:29 | |
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Crypto Merchant Bank Galaxy Digital Sells Shares in EOS Creator Block.One for $71 Mln
Mike Novogratz’s crypto merchant bank Galaxy Digital has sold its shares in EOS developer Block.one for $71.2 million
дальше »2019-5-22 12:47 | |
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Galaxy Digital Sells Block.One Stake; Will EOS Prices React?
Galaxy Digital, the crypto merchant bank dedicated to the digital assets, has announced a Partnership update with EOS blockchain maker, Block. one. The Michael Novogratz founded firm has received over $70 million by selling its stake. дальше »
2019-5-22 08:02 | |
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$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One
Galaxy Digital, the crypto bank founded by Michael Novogratz, has sold its position in Block.one, the maker of the EOS blockchain, for $71 million. дальше »
2019-5-22 06:26 | |
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Game of Thrones Star Jerome Flynn Outs Self as Master of VeganCoin
By CCN: Ser Bronn is a very different person in real life than he is in Game of Thrones. Played by actor Jerome Flynn, Bronn ended the series as part of incoming King Bran the Broken’s council, in charge of the Iron Bank as Master of Coin. дальше »
2019-5-22 00:21 | |
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Dutch Bank ABM AMRO Dumps Plans for Custodial Bitcoin Wallet “Wallie”
On May 20, 2019, The Next Web reported that major Dutch bank ABM AMRO had shelved its plans to launch a custodial cryptocurrency wallet called “Wallie” stating that digital assets are “just too risky. дальше »
2019-5-21 09:00 | |
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JPMorgan Believes Bitcoin Has Surged Past Its Intrinsic Value
JPMorgan Chase & Co, one of the largest banks in the world, says that the recent rally by Bitcoin is similar to the one it experienced two years ago. The bank maintains that the price spike means that BTC is trading above its intrinsic value. дальше »
2019-5-20 15:39 | |
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Vechain (VET) – Siam bank recognizes Vechain’s potential in proof-of-authenticity
It’s a well-known fact in crypto circles that Vechain is quite strong in product quality assurance. However, it’s a different ball-game altogether when a major institution recognizes it. Recently, Siam bank, the largest bank in Thailand, ran an article touching on blockchain and its uses in different industries. One of the blockchains that they recognized […] дальше »
2019-5-20 12:56 | |
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Ripple CEO Brad Garlinghouse claims 6% of SWIFT transactions require human intervention
Amid reports of Ripple allegedly misrepresenting the actual amount of XRP in their escrow accounts, the US-based blockchain tech firm continues to be one of the fastest growing networks in the world. дальше »
2019-5-19 20:30 | |
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Virtual Currency Verdict Says Bitcoin and Central Bank’s May Not Mix, BTC is the Gold Digital Remix
A Bitcoin Central Bank Is Not Going To Solve Bitcoin’s Problems Tuur Demeester, a recognized cryptocurrency and Bitcoin (BTC) expert, explains why a Bitcoin central bank would not be a good idea for the digital currency and the crypto market. дальше »
2019-5-16 04:17 | |
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Blockstream Releases First Enterprise-Grade Product on Liquid
Security tokens are coming to Bitcoin, courtesy of Blockstream. The Bitcoin and blockchain technology company announced on May 15, 2019, the final day of the Consensus 2019 conference, that Liquid Securities, a platform for issuing and managing security tokens on its Liquid sidechain, is ready to go live. дальше »
2019-5-16 19:14 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Medici Bank, Which is 5 Centuries Old, Intends to Use Blockchain in Historical Turning Point Notion
One of the oldest banking dynasties in the world, has started what they call “new rebirth”, in which Prince Lorenzo de Medici, a direct heir of one of the Italian families who led one of the banking empires in the fifteenth century, opens a new bank focused on “digital commerce and investment”. According to a […] дальше »
2019-5-12 22:24 | |
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How to use AI to redefine the way we create art
Historically, artists have been defined by the tools available to make their work – sculptors, painters, and music instrumentalists. Rama Allen, executive creative director of London-headquartered studio The Mill, is looking to turn that idea on its head, by using AI to create art in tandem with humans. дальше »
2019-5-10 17:41 | |
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$20,000 Bitcoin Price Redux Coming in 2021, Claims Billionaire Crypto Bull
Bitcoin bull and founder of crypto merchant bank Galaxy Digital is of the opinion that the cryptocurrency’s upward trend is only getting started and has much more room ahead. Speaking to CNN during the SALT Conference in Las Vegas, Novogratz said that after crossing the $6,000 level, the next target point will be $10,000. дальше »
2019-5-9 17:13 | |
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Thai Central Bank’s lnthanon Digital Currency Project To Build RTGS Interbank For CBDC Payments
Thai Central Bank Has Created A Blockchain Solution To Digital Currency Project The Bank of Thailand, known as the central bank of the country, has recently decided to move ahead one of its most interesting blockchain projects, a digital currency that will be based on the blockchain technology. This new solution will be used in […] дальше »
2019-5-8 23:38 | |
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Anti-Crypto Billionaire Munger Defends Bank Scandal as ‘Honest Mistake’
By CCN: Warren Buffett sidekick Charlie Munger likened “bitcoin people” to the apostle who betrayed Jesus. Meanwhile, he views scandals set in motion by Wells Fargo executives as an ‘honest mistake. дальше »
2019-5-7 20:30 | |
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Bitcoin (BTC) Takes A Bite Out Of Apple (APPL) Stock As Traditional Finance And Crypto Emerge
Traditional Stocks And Crypto Apple (APPL) stock has reached around $200 per share this year. In a note to Bank of America clients concerning its position on Apple, analyst Wamsi Mohan discussed Apple’s performance for the second quarter of 2019, one of its core strengths was its services revenue, which reached $11.5 billion. He stated, […] дальше »
2019-5-2 20:13 | |
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Ria Money Transfer Beefs Up Cross Border Finance Trading in New Pair with Ripple’s RippleNet
Known for a multitude of partnerships, Ripple has just begun a new team up with Saudi Arabia’s British Bank. SABB has been in the market for a new partner to help set up an instant cross-border payment service. дальше »
2019-5-2 17:36 | |
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After a Three-Year Test of Blockchain, Dutch Central Bank is Not Impressed
As blockchain technology becomes increasingly popular, there are many financial institutions that have started to experiment, hoping to see if the fintech can benefit them. One of the longest-running tests has been with the Dutch Central Bank, which created its own distributed ledger technology (DLT) prototypes to evaluate for the last three years. Reports from […] дальше »
2019-5-2 14:12 | |
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Trump Sues Banks to Block Dems Attempting to Wrangle His Tax Returns
By CCN: President Trump is taking a stand against Deutsche Bank and Capital One for participating in a frivolous plan once again being enacted by House Democrats. This time, liberals are looking to gain access to the president’s financial records, including data regarding his personal finances, his businesses, and his long-sought tax returns. дальше »
2019-5-2 03:24 | |
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Goldman Sachs: Bitcoin Is ‘Very Intriguing’, But Awaits Government Clarity Before Any Investments
No one could accuse Goldman Sachs of not being a conservative bank. While the whole world is starting to participate in the crypto revolution, one of the largest banks in the United States is now confirming that they will not enter the game until it is too late. According to a recent report of American […] дальше »
2019-5-2 02:12 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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U.S. Citizens Can Now Accept Their Federal or State Tax Refund in Bitcoin
Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off. дальше »
2019-5-1 23:39 | |
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Saudi British Bank Teams Up With Ripple To Use XRP For Cross-Border Payments
Just a few days ago, Ripple’s XRP showed signs it was probably going down. However, the cryptocurrency seems to have survived and is on its way to recovery alongside other top currencies. Several factors may be involved in bringing the asset back up, but one of them must be the recent announcement of a partnership […] The post Saudi British Bank Teams Up With Ripple To Use XRP For Cross-Border Payments appeared first on ZyCrypto. дальше »
2019-5-1 21:33 | |
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India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions
One of India’s leading private banks, the Housing Development Financial Corporation (HDFC), is reportedly sending users whose banking transactions… The post India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions appeared first on Invest In Blockchain. дальше »
2019-4-29 12:12 | |
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Damned OneCoin scammers stole $2.3M from Kiwis using Samoan churches
Yet another organization thought to be tied the multi-billion dollar cryptocurrency Ponzi scheme OneCoin has been uncovered. Central Bank of Samoa (CBS) has named the Samoa Worship Centre as being used as a front in the $3 billion OneCoin scam which promised unrealistic returns for investing in a fake cryptocurrency. дальше »
2019-4-26 15:16 | |
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JP Morgan Chase Bank is Going All In on Blockchain as JPM Coin Looks to Be Just the Start
About a year and a half back, JP Morgan CEO, Jamie Dimon had criticized Bitcoin by calling it a scam while during that time JPM Securities was one of the largest buyers of a Bitcoin-related ETP traded in Scandinavia. дальше »
2019-4-25 19:30 | |
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French Bank Societe Generale Issues $122 Million Covered Bond on Ethereum Network
Societe Generale SFH, a subsidiary of one of Europe’s largest financial services groups, Societe Generale Group, on April 23, 2019, announced that it had issued the first covered bond as a security token on the public Ethereum blockchain. дальше »
2019-4-25 15:00 | |
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Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges
North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report. дальше »
2019-4-25 17:04 | |
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Mysterious GOP Fat-Cat Worth $200 Million Breaks the Bank to Dethrone AOC
By CCN: Alexandria Ocasio-Cortez (D-NY) has been in the House of Representatives for just four months, but she’s developed an A-list political profile. From her bold claims about climate change and wage inequality to her incredible ability to connect with millennial voters, AOC has quickly become one of the most popular – and polarizing – politicians in the United States. дальше »
2019-4-24 00:44 | |
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Analyst Says China’s Central Bank Will Implement Crypto in 20 Years
Blockchain Research Institute Chairman, Don Tapscott predicts China’s central bank will digitize their national currency within twenty years. In an interview with Bloomberg Technology, Tapscott said the Chinese acknowledge crypto as an important technology for China. дальше »
2019-4-23 17:37 | |
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Healthcare has a massive cybersecurity problem, and we’re not doing enough to fix it.
Not long ago, it was reasonable to think that financial businesses would be the most prominent and most profitable targets of criminal activity. After all, a successful bank robbery could score you tens of thousands of dollars (or more). дальше »
2019-4-23 17:29 | |
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