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Dr. Doom Buys First BTC, Is Warren Buffett next?
Famed Swiss investor, analyst and, until recently, crypto skeptic Marc Faber, 73, has bought his first bitcoin in another sign the old guard of investments is warming to crypto. Speaking to German finance website Cash, Faber revealed he recently bought bitcoin for the first time to learn more about cryptocurrencies and following some persistent and high-profile badgering. дальше »
2019-3-15 06:15 | |
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EOS Crashes 12%, Becomes Biggest Loser in Monday’s Crypto Bloodbath
Monday’s crypto bloodbath has weighed disproportionately heavily on EOS, as the fourth-largest cryptocurrency recorded a 12. 4% drop against the US dollar – its worst one-day performance since February 24. дальше »
2019-3-5 21:33 | |
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Will Crypto ICO Creators Get Any Do-Over Second Chance Mulligan With The SEC For Compliance?
In 2017, initial coin offerings (ICOs) were in their heyday. In fact, between July and November that year, they managed to raise a total of $3 billion amongst over 430 companies. ICOs were influenced by IPOs, which are initial public offerings, because of their success in traditional finance. However, there are many exceptions, like that […] дальше »
2019-2-21 14:54 | |
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XRP Price Pumps As SWIFT Partners With Ripple Rival R3
The CEO of SWIFT revealed today that the institution is working on a proof-of-concept for integrating blockchain start-up’s R3 trade finance platform with SWIFT’s GPI framework. Proof-of-Concept Blockchain Integration The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a global banking payments network. дальше »
2019-1-30 20:00 | |
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HSBC Settles $250 Billion Worth of Forex Trades on Blockchain in 2018
Global banking giant HSBC announced on Monday that it has settled over $250 billion in forex trades using blockchain tech in 2018. The bank showed its interest in blockchain technology last year when it made the world’s first trade finance transaction on blockchain in May 2018. дальше »
2019-1-15 16:29 | |
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Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto
Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. дальше »
2019-1-15 00:10 | |
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Finance Guru Ronnie Moas Digs for $10 Billion in Cryptocurrency Gold
Ronnie Moas is known as a finance guru with a 15-year track record of picking stocks. Later in his career, he ventured into cryptocurrency, claiming himself to be “synonymous with Bitcoin. ” That success, however, has taken a turn towards conflict. дальше »
2019-1-10 08:41 | |
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Circle’s Cryptocurrency OTC Desk Swapped More Than $24 Billion in 2018
Finance company Circle claims its over-the-counter (OTC) cryptocurrency trading desk swapped a notional volume of $24 billion last year. The Boston-based company’s Circle Trade desk reportedly executed more than 10,000 cryptocurrency settlements between 600 unique counterparties in 2018. дальше »
2019-1-5 21:56 | |
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End of year stock roundup: How did Microsoft perform in 2018?
Microsoft Corporation (NASDAQ:MSFT) is set to end 2018 on a high, bumping off Apple from the top spot and becoming the most valuable publicly traded US company. The Washington-based American multinational technology company, whose founders were Bill Gates and Paul Allen, has been a rival of Apple for some time within the computer industry. дальше »
2018-12-27 13:00 | |
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End of year stock roundup: How did Amazon perform in 2018?
Amazon has been a good performer in 2018, and is up nearly 40 percent in the year. In September, the share price for it hit $2,000. The Seattle-based American electronic commerce company, whose CEO and founder is Jeff Bezos — America’s richest as noted by Forbes —was created in 1994. дальше »
2018-12-22 12:00 | |
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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm
BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »
2018-12-8 21:38 | |
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Japan’s Tainted Crypto-Exchange Coincheck Introduces Trading of XRP after Infamous Hack
Coincheck digital assets exchange and trading venue have announced the resumption of deposits and trading of Ripple’s XRP and Factom (FCT) altcoins, following its January 2018 half a billion dollar heist, reported Finance Magnates on November 26, 2018. дальше »
2018-11-26 14:00 | |
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Price Dip Aside, Paxful Anticipates Big Week of Gift Card-to-Bitcoin Trades
That special time of year is coming up — the time when individuals trade in their unwanted or unusable gift cards for bitcoin. And with the price of bitcoin dropping, peer-to-peer (P2P) bitcoin marketplace Paxful is making it possible to use these gift cards to “buy the dip. дальше »
2018-11-22 19:12 | |
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Jack Dorsey’s Square Surpasses Twitter with $30 Billion Market Value as Bitcoin Business Begins to Boom
Jack Dorsey is known for a lot of things in his career with technology and finance, but the two companies he owns that seem to have performed exceedingly well have been Square and Twitter. Square is a financial services provider that helps users make mobile payments through an app, while Twitter is a wildly popular […] дальше »
2018-11-7 01:33 | |
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Bitcoin Bear Market Could Last Another Year and a Half, Says BitMEX CEO
BitMEX CEO Arthur Hayes said we may not have seen the last of the bearish market for BTC in an interview with Yahoo Finance published Friday. Unfortunately, the entire sector is in a bear market right now, down from a peak of above $800 billion last year. дальше »
2018-11-1 14:00 | |
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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round
Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »
2018-10-31 20:51 | |
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“Coinbase Could Compete With the New York Stock Exchange and Nasdaq” Danny Masters says
Coinbase’s success has not gone unnoticed by the great strategists of the world of finance. The famous multi-service company focused on trading and warehousing of crypto assets has more than 13 million customers and reported revenues of over $1 billion in 2017. дальше »
2018-10-29 21:17 | |
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Circle Poised to Acquire Equity Crowdfunding Platform SeedInvest
Cryptocurrency startup Circle is venturing deeper into crypto trading. The Boston-based company is now ready to buy equity crowdfunding firm SeedInvest. If approved by regulators, the move could allow Circle to help match investors with fledgling companies trying to raise money via initial coin offerings (ICOs). дальше »
2018-10-6 20:54 | |
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Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]
Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first. дальше »
2018-10-6 16:37 | |
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Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins
Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U. дальше »
2018-9-29 01:06 | |
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$6.2 Billion Fine Paid by Major Banks, Will Merchants Switch Over to Crypto?
On Sept. 18, Visa, Mastercard and three major banks paid $6. 2 billion in an antitrust settlement for forcing merchants to pay swipe fees and preventing them from utilizing other methods of payment. дальше »
2018-9-21 16:00 | |
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Bitcoin is 300 Times Cheaper Than Wire Transfers, Banks Take 83% Profit
Since 2017, so-called “experts” in the finance sector have criticized Bitcoin for being too expensive. Yet, banks are pocketing 83 percent profit on every wire transfer. According to Bank of America’s official data, the $302 billion bank charges $30 for outbound domestic wire transfer and $35 for outbound international wire sent in foreign currency. дальше »
2018-9-19 16:00 | |
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Institutional Investors Venturing Into Crypto
Even in the usually risk-averse institutional finance community, the potential benefits and profits to be made in cryptocurrencies are becoming impossible to ignore. As their popularity continues to multiply at an astonishing rate, hedge funds and other pillars of the investing economy are slowly beginning to stop watching and start interacting. дальше »
2018-9-15 18:00 | |
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Kuwait Finance House Now Using Ripple xRapid For Cross Border Transactions
Kuwait Finance House (KFH) is one of the major banks of Kuwait, most famous for being one of the first banks to open, operating under Sharia law. KFH are a major firm within Kuwait, trading on the Kuwait Stock Exchange, with a market capitalisation of $8. дальше »
2018-8-17 12:00 | |
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China and South Korea Pledge More Money to Blockchain Research
South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. дальше »
2018-8-15 17:00 | |
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South Korea Includes Blockchain Technology as Part of $4.4 Billion Domestic Spending Plan
The South Korean government has launched a 5 trillion won ($4. 4 billion) domestic spending plan aiming to accelerate innovative growth in what it considers to be 8 key sectors in industry and technology. дальше »
2018-8-14 23:31 | |
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XAYA Blockchain Gaming Platform Poised to Revolutionize the World of Blockchain Gaming
Distributed ledger technology is changing the face of industries globally, from finance to health care down to the gaming ecosystem. Valued at more than $100 billion, the global video game industry is continuously evolving, and XAYA blockchain project is now occupying the frontline. дальше »
2018-8-7 21:45 | |
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“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks
Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data. дальше »
2018-7-31 20:42 | |
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A Blueprint to rebuild the crypto token market
With $20 billion raised in “initial coin offerings” and an overall token market valuation of $300 billion, early participants in crypto finance have done a spectacular job of “growing” their monetary value as measured by the very fiat currencies many claim are being disrupted. дальше »
2018-7-30 18:12 | |
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In 1 Year, Samsung Has Gone from Bitcoin Miner Manufacturer to Accepting Crypto
Samsung, the $290 billion electronics giant, has started to accept crypto in its stores in the Baltic region as an alternative to fiat money on July 21, 2018. Heavily Involved in Crypto In South Korea, Samsung remains as the dominant conglomerate in virtually every major industry including insurance, real estate, construction, shipbuilding, automotive manufacturing, and finance. дальше »
2018-7-25 21:00 | |
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Bank of Korea Reveals the Impact of Digital Assets in South Korea’s Banking and Finance Sector
South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017. дальше »
2018-7-13 16:19 | |
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Coinbase, valued at $8 billion, hits its lowest: Bitcoin [BTC] responsible?
Coinbase, an online trading platform for the digital currency, is being greatly affected by the bear market for Bitcoin and other tokens. Over the past few days, the plunge in prices has caused the download ranking for Coinbase to fall extremely low. дальше »
2018-7-12 00:40 | |
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Bank of Korea: Crypto Has Low Risk to Local Finance MArket
According to South Korean central bank the Bank of Korea (BOK), the outstanding balance of virtual currency accounts in domestic banks totalled $1. 79 billion as of Dec. 2017, local news outlet Yonhap reported Friday, July 5. дальше »
2018-7-9 01:49 | |
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QuickX – a project with the blessings of a former EU finance minister
The currency part in the word “cryptocurrencies” stood for being able to transact with them. In theory, you can. Today, over 300 billion dollars in cryptocurrencies are traded on a daily basis. However, a handful of the world’s population are experiencing this decentralised magic. дальше »
2018-6-29 19:48 | |
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Whitney Tilson’s New Webinar “How to Raise $1 Billion”
Whitney Tilson’s latest email to friends entitled : Our 3 programs in London July 7-11; 2 new free webinars on “How to Raise $1 Billion (or not)” & “Lessons from 15 Years of Short Selling”; The Harvard Undergrad Fixing Finance; stocks pitched at confs; Fear of Trade War; Bitcoin Drop; Toys “R” Us VW readers […] дальше »
2018-6-26 01:38 | |
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Cryptocurrency is Helping Fuel Lithuania’s Economy, Bankers Fear Financial Disruption
Cryptocurrency is helping to fuel Lithuania’s economy, but European central bankers have argued that it will aid illegal activity while disrupting traditional finance. Open Arms Approach The cryptocurrency market has had a tough first six months of the year. дальше »
2018-6-26 00:30 | |
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Korean Government to Lead 6 Blockchain Pilots With $9 Million Finance
The South Korean government will invest 10 billion Korean won (or $9 million) to support blockchain development in the country, with plans to carry out six pilots using blockchain technology. According to a report from CoinDesk Korea, the country’s Ministry of Science and ICT published a blockchain development strategy on Thursday. The agency said the government plans to дальше »
2018-6-22 11:53 | |
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People Don’t Understand Ripple and XRP Are Different Things, Says Ripple Exec
Ripple’s Chief Market Strategist Cory Johnson recently spoke at Yahoo Finance’s All Market Summit: Crypto. He noted that most people don’t understand that Ripple and XRP are two different things. дальше »
2018-6-21 22:59 | |
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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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Chain Accelerator Opens Its Doors to Blockchain, Crypto Startups in France
\Chain Accelerator has launched in France. It is the first startup acceleratordedicated to the blockchain that can call Europe its home. Among the organization’s chief operators are Hyperloop Transportation Technologies chairman Bibop G. дальше »
2018-6-20 00:34 | |
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A Finance Minister, a Harvard Alumnus Professor, and Michael Terpin are backing the
Etheal healthcare project Powered by blockchain, the Etheal. com platform allows patients to find doctors online anywhere in the world, access reviews in their own language and send inquiries immediately. дальше »
2018-6-11 09:12 | |
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