• Citigroup to Let Investors Trade Custodian-Held Cryptocurrency, Sources Claim

    U.S. multinational bank Citigroup is developing a cryptocurrency product to give institutional investors access to crypto markets without owning cryptoassets directly, anonymous sources told Business Insider September 9. Citigroup, which had previously taken a centralized approach to cryptocurrency, will reportedly use a revamped version of the American Depositary Receipts (ADR) – a type of security […]
  • How Venezuela Came to Be One of the Biggest Markets for Crypto in the World

    Venezuela has been living with hyperinflation since at least 2014. Its national currency — the Venezuelan bolívar — hit an official inflation rate of 57.3 percent in February 2014, while independent currency analysts were reporting that, by that September, the real inflation rate had already topped 100 percent. In other words, the bolívar (VEF) was […]
  • Gazprom and Russian Airline S7 Put Aircraft Fuelling on Blockchain in Domestic First

    Russian air carrier S7 Airlines has partnered with state-owned oil giant Gazprom Neft to use blockchain-based smart contracts for aircraft fuelling, a press release confirmed Friday, August 24. S7, which has developed several blockchain use cases in the past two years, will now use the technology to increase efficiency of fuel delivery and payment, as […]
  • Iran: State-Backed Crypto Draft is Ready, Central Bank to Soon Announce Stance on Crypto

    Iran’s National Cyberspace Center has revealed that the draft of the state-backed cryptocurrency project is ready, local news outlet Financial Tribune reports August 25. According to the article, the national digital currency project was developed on instructions from President of Iran Hassan Rouhani. Saeed Mahdiyoun, the deputy director in charge of drafting regulations for Iran’s […]
  • Ethereum Co-Founder Joseph Lubin: Crypto Price Collapse Will Not Constrain Further Growth

    Ethereum co-founder and ConsenSys Inc. CEO Joseph Lubin said in an interview with Bloomberg Aug. 14, that he does not see the recent cryptocurrency price collapse as a constraint to further growth. In а recent discussion on the state of the cryptocurrency market with Bloomberg, Lubin said that the value surges of the past year […]
  • Citrix Survey: More Than Half of UK Companies Hit by Cryptojacking Malware at Some Point

    As much as 59 percent of U.K. companies have been affected by cryptojacking malware at some point. Roughly half of those cases took place in the previous month, news outlet Internet of Business reports August 15, citing a research commissioned by Citrix. According to Internet of Business, the research, commissioned by software company Citrix and […]
  • Brian Armstrong: Coinbase Signed Up 50,000 Users per Day in 2017

    Cryptocurrency exchange Coinbase CEO Brian Armstrong said in an August 14 interview with Bloomberg that it was signing up 50,000 users per day in 2017. Speaking at the Bloomberg Players Technology Summit in San Francisco on Tuesday, Armstrong said that the “technology [Bitcoin] is going through a series of bubbles and corrections, and each time […]
  • London School of Economics Introduces Online Course on Crypto

    The London School of Economics (LSE) will be offering an online course on cryptocurrency investing, starting in August 2018, Financial Times reports Monday, July 9. According to the announcement, the new course dubbed “Cryptocurrency Investment and Disruption,” will help students learn some “practical skills to interact with cryptocurrency exchanges,” including how to use cryptocurrency wallets, […]
    • by Helen Partz
    • July 23, 2018
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  • Ledger Reportedly Attracts Tech Giant Investors After Selling Over 1 Mln Wallets in 2017

    Ledger, one of the leading security-focused hardware wallet suppliers, has sold more than one million hardware crypto wallets in 2017, earning a profit of $29 million, the firm said in an interview with Forbes July 9. Having raised $75 million this January in a Series B funding round led by European venture capital firm Draper […]
    • by Helen Partz
    • July 19, 2018
    • 0
  • IBM Backs New US Dollar-Pegged Stablecoin That Runs on Stellar Network

    A new project for a U.S. dollar-pegged stablecoin that runs on the Stellar blockchain network has received backing from IBM, Reuters reports July 17. The new asset is dubbed ‘Stronghold USD’ after its creator, fintech startup Stronghold. The token launched today, and is reportedly issued using a 1:1 price ratio with the U.S. dollar. It […]
    • by Marie Huillet
    • July 18, 2018
    • 0
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