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Just Four Banks Account For 90% of $200 Trillion in Derivatives Says OCC Report
JP Morgan, Goldman Sachs, Bank of America and Citibank account for some 90% of $203 trillion in derivative holdings out of all 1,357 insured U.S. commercial banks according to a report... The post Just Four Banks Account For 90% of $200 Trillion in Derivatives Says OCC Report appeared first on Trustnodes. дальше »
2018-6-22 19:23 | |
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INET: Credit Default Swaps Could Cause Another Economic Meltdown
Michael Greenberger says unregulated credit default swaps could take down the economy—and taxpayers—again In 2008 unregulated credit default swaps brought the economy to its knees. Ten years later, they may poised to do so again—unless policymakers reign in the big banks. дальше »
2018-6-22 11:27 | |
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Ico market needs “light touch” regulation to provide certainy, says us congressman
U.S. Representative Warren Davidson (R-Ohio) said the initial coin offering (ICO) market needs “light touch” regulation on CNBC’s Squawk Box today, June 21. When asked about cryptocurrency regulation, Davidson argued that the “big thing” the market needs is a “light touch regulatory framework” which, according to the congressman, would provide more certainty. He said that дальше »
2018-6-22 06:59 | |
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Foundation says that the Icon token swap is taking place with no problems.
Millions of dollars worth of ICON tokens are now on the move – as the cryptocurrency project begins its token migration. And according to the ICON Foundation, the organization in charge of development, so far it’s been smooth sailing. дальше »
2018-6-22 06:37 | |
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Goldman Sachs CEO Says Bitcoin Not for Him as His Bank Bleeds the Economy Dry
WallStreetOnParade, one of my favorite sites tracking the depredations of America’s overclass, has a fun little story out today. The author, Pam Martins, tells of how she received a solicitation from Goldman Sachs for a loan only available to those for with the best credit rating for a ‘low’ APR of 7-25%. This offer, of […] дальше »
2018-6-22 03:27 | |
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IBM iX’s Robert Schwartz Believes Blockchain Could Bring “Loads of Disruption”
The technology industry could be using “bananas” to describe blockchain, says IBM iX’s global leader of agency services, Robert Schwartz. The executive noted that the use of blockchain could bring disruption to businesses, as well as governments. дальше »
2018-6-22 00:46 | |
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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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Litecoin [LTC]’s Charlie Lee says – “Most excited about Lightning Network”
Litecoin Founder, Charlie Lee was on a telephonic interview with CNBC, earlier today. The techie posted a tweet carrying his interview, where he shares views on market risks, security, and crypto-prices in general. дальше »
2018-6-21 19:46 | |
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BTC maximalist, Bobby Lee says the value of Bitcoin is a matter of individual perception
MJ: Do you see any countries that are doing it right in terms of crypto regulation? MJ: Could you tell me a bit about what has happened to BTCC since the increased crypto regulations in China? BL: Again, the utility is only [in] the eye of a beholder who finds it useful. The only four дальше »
2018-6-21 18:41 | |
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Tron [TRX] is the “Frankenstein of crypto”, says technology researcher
Lucas Nuzzi, the Lead Technology Researcher at DAR Crypto, called Tron [TRX] out on Twitter. He said that it should be rebranded to be called the “Frankenstein of crypto”, as it borrows heavily from many other projects. дальше »
2018-6-21 17:02 | |
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Dismissing Bitcoin is ‘Too Arrogant,’ Says Goldman Sachs’ CEO
While Lloyd Blankfein doesn’t own any bitcoin himself — nor does his American multinational investment bank and financial services company — the CEO of Goldman Sachs still believes that critics shouldn’t dismiss the first and foremost cryptocurrency’s future. дальше »
2018-6-21 17:00 | |
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North Carolina To ‘Licentiate’ Cryptocurrency Companies With House Bill 86
Good news awaited Cryptocurrency community in the state of North Carolina, on Wednesday. The government has introduced pro-crypto currency legislature, which will legalise activities of cryptocurrency companies in the state. дальше »
2018-6-21 14:16 | |
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“Blockchain Will Penetrate Our Entire Economy” Says Swiss Collective Head of State
Johann N. Schneider-Ammann, member of the Swiss Federal Council which uniquely in Switzerland has all seven members as a collective head of state in a round table of sorts, has... The post “Blockchain Will Penetrate Our Entire Economy” Says Swiss Collective Head of State appeared first on Trustnodes. дальше »
2018-6-21 13:25 | |
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People are “irrationally pessimistic” in bear markets, says Brian Armstrong
Brian Armstrong, the CEO, and co-founder of Coinbase, recently spoke about the price of Bitcoin [BTC] and the market in general. He also spoke about the patterns observed in the market over the 2013, 2014, and 2017 bubbles. дальше »
2018-6-21 12:02 | |
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Nasdaq CEO says: Retail Investors are being put at risk because of Oversight by ICOs
Nasdaq CEO Adena Friedman recently claimed that initial coin offerings (ICOs) pose “serious risks” for retail investors, CNBC reports June 20. Speaking at the Future of Fintech conference in New York on Wednesday, Friedman expressed “real concern” about ICO projects, saying that they can seriously defraud retail investors. Friedman said this is mostly the result дальше »
2018-6-21 06:52 | |
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Bithumb Hack Does Not Change Bitcoin Fundamentals, Says Litecoin Founder Charlie Lee
Charlie Lee says that recent Bithumb hack cannot affect Bitcoin’s fundamentals the same way a bank robbery should not affect the price of gold
дальше »2018-6-21 06:01 | |
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World Refugee Day: How Digital Identities Can Help a Population in Crisis
According to statistics from the United Nations Refugee Agency, there are 25. 4 million refugees in the world and some 3. 1 million asylum seekers. On this year’s World Refugee Day, we’re reminded of the perpetual crises that plague our international communities and the displaced individuals they create. дальше »
2018-6-21 02:28 | |
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I BIS Reports Says “No Grounding in Reality” on Crypto
Since the report’s publication, many leaders in the crypto community have argued that the BIS is incorrect in much of what it seems to state as fact. CEO and co-founder of Circle Jeremy Allaire commented that the report was “very shallow,” and added, “They haven’t done much research at all. These assumptions are fallacious in дальше »
2018-6-21 01:26 | |
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Third-party report says all Tether (USDT) fully backed by US dollar reserves
Tether, the provider of tokenized fiat currencies on the Bitcoin blockchain, has released a report from Freeh Sporkin & Sullivan, LLP (FSS) confirming that all Tethers (USDT) in circulation are sufficiently backed by US dollar (USD). дальше »
2018-6-21 00:50 | |
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Third-party report says all Tether (USDT) fully backed reserves
Tether, the provider of tokenized fiat currencies on the Bitcoin blockchain, has released a report from Freeh Sporkin & Sullivan, LLP (FSS) confirming that all Tethers (USDT) in circulation are sufficiently backed by US dollar (USD). дальше »
2018-6-21 00:50 | |
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Goldman Sachs Exploring Crypto Derivatives, Says COO
The COO of Goldman Sachs has announced that the company is exploring trading cryptocurrency derivatives
дальше »2018-6-21 23:46 | |
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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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100% Backed: Law Firm Confirms Tether Conspiracy Was Fake News
Tether has been the subject of immense scrutiny as critics raise questions about the company’s dollar reserves. But Tether released a transparency update on June 20th that says a law firm has confirmed, as of June 1st, the company’s “unencumbered assets exceed the balance of fully-backed USD Tethers. дальше »
2018-6-21 23:00 | |
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Bank of International Settlements Says The Internet will Crash If Cryptocurrency Is Adopted
The Bank of International Settlements (BIS), an international financial institution that acts as a bank for central banks of nations, fostering international monetary and economic cooperation, has stated that bitcoin and other digital assets are not perfect examples of money. дальше »
2018-6-20 22:11 | |
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Ethereum [ETH]’s Joseph Lubin says, ConsenSys is an accelerator for Ethereum
Joseph Lubin, the co-founder of Ethereum and Founder of ConsenSys was at the recent Ethereal Summit held in New York City, Knock Down Center, to speak about ConsenSys and their vision for the same. ConsenSys is a global formation of technologists and entrepreneurs building the infrastructure, applications, and methods that enable a decentralized world. Joseph Lubin, Co-Founder, Ethereum […] дальше »
2018-6-20 20:28 | |
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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack
Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice. дальше »
2018-6-20 20:25 | |
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Coinbase CEO: ‘I’ve Come To Enjoy’ Bitcoin Price Lows
Coinbase CEO Brian Armstrong says he “enjoys” Bitcoin price downturns as it “distracts” those not “making progress. ” Armstrong: Downmoon ‘Allows For Progress’ In a series of tweets aimed at the employees of the United States’ largest cryptocurrency exchange and wallet provider, Armstrong compared three cycles of Bitcoin prices from 2013, 2014, and 2017, respectively — noting the market leader’s “up and down cycles. дальше »
2018-6-20 19:00 | |
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Tether Has Enough USD to Back Tokens, Says Law Firm in Unofficial Statement
Two of Tether’s bank accounts have enough USD to back its token issuance, says a law firm founded by a former FBI director
дальше »2018-6-20 18:55 | |
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Tether is Fully Backed Says Law Firm According to Tether
Freeh, Sporkin & Sullivan LLP (FSS), a Washington-based law firm formed by three former judges, including a former FBI director, says tether is fully backed with dollars. In a report... The post Tether is Fully Backed Says Law Firm According to Tether appeared first on Trustnodes. дальше »
2018-6-20 17:22 | |
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Tether Cryptocurrency Fully Backed By US Dollars, Says Report
Tether Limited has released a long-awaited third party report which may dispel the worst fears about the cryptocurrency market. The report, issued by Freeh Sporkin & Sullivan, LLP, found that the Tether token is fully backed by US dollars. дальше »
2018-6-20 17:19 | |
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Bitcoin Price Near Bottom as ‘Selling Has Become Exhausted,’ Says Market Strategist
Bitcoin’s decrease in volatility may signal that the bottoming process has already begun — but it may still have a way to fall. ‘A Bottoming Process Can Begin’ While everyone and their grandmother know about Bitcoin’s dramatic decrease in value following exorbitant prices in December 2017, many investors and traders in the first and foremost cryptocurrency are less aware of its decreased volatility. дальше »
2018-6-20 17:00 | |
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‘Regulatory Reckoning’ in future for Ico Market, says Cboe Global Markets President
CBOE Global Markets President Chris Concannon has claimed that the initial coin offering (ICO) market could soon face a two-fold regulatory “reckoning,” Business Insider reports June 19. First, the SEC will go after ICO market participants. дальше »
2018-6-20 08:55 | |
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Brian Kelly responds to BIS report, says Bitcoin [BTC] needs time
CNBC Fast Money’s Brian Kelly, responding to the release of the BIS’ annual report, on Monday said that The Bank for International Settlements [BIS] and other banks are the middlemen that cryptocurrencies like Bitcoin seek to do away with. дальше »
2018-6-20 07:18 | |
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Bitcoin HashRate At All-Time High With ‘Price to Follow,’ Says Max Keiser
Bitcoin’s hash rate reached new all-time highs in June, prompting well-known industry figures to renew calls for imminent price increases. Keiser: ‘Price Follows Hashrate’ Data from Blockchain. дальше »
2018-6-19 21:00 | |
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Crypto Statue Unveiled in London
“Art and the blockchain in service of the future.” So says Federico Clapis, a famous Italian artist who was commissioned by Eidoo, a crypto wallet and ICO platform, to come up... The post Crypto Statue Unveiled in London appeared first on Trustnodes. дальше »
2018-6-20 18:09 | |
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Malta Bankers Association Chairman Praises Says Crypto as Blockchain,
Marcel Cassar, the newly appointed chairperson of the Malta Bankers Association, said that blockchain tech sounds like a “banker’s dream. ” Cassar also claimed that cryptocurrencies are “here to stay,” according to a June 17 interview with local news outlet The Malta Independent. дальше »
2018-6-19 16:33 | |
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Bitcoin's Volatility at Yearly Low, Signalling Bottom, Says President of Blue Line Futures
Blue Line Futures president Bill Baruch says that Bitcoin’s volatility is now at its lowest level in over a year, signalling a likely bottom in the near-term
дальше »2018-6-19 15:36 | |
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Stocks Fall, Cryptos Jump as Chinese Ministry Says Trade War Has Begun
Chinese stocks plunged 5% at one point today before closing down 3.8% in a broad sell off with 1,000 Chinese stocks falling below 10% after a surprise overnight announcement by... The post Stocks Fall, Cryptos Jump as Chinese Ministry Says Trade War Has Begun appeared first on Trustnodes. дальше »
2018-6-19 14:24 | |
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Cryptocurrencies Could Make Banks Obsolete, Says Malta Bankers Association Head
As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003. дальше »
2018-6-19 11:00 | |
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Free Fantasy World Cup Tournament with $135k Prize pool launched by Blockchain gaming Company.
A blockchain-based gaming company which offers its own cryptocurrency for in-game purchases has announced it is collaborating with a fantasy sports giant and offering free tournaments to mark the World Cup. дальше »
2018-6-19 01:24 | |
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