CRYPTOMARKET
  • US Crypto Industry Vets Form Blockchain Association Lobbying Group

    Some of the largest United States-based players in the cryptocurrency space, together with tech industry veterans, are forming the Blockchain Association to better lobby for crypto-related policy changes in Washington D.C. Crypto Industry Powerhouses Join Forces for Greater Purpose Coinbase CEO Brian Armstrong said back in June that bear markets such as the one cryptocurrencies […]
  • Visa-Backed Blockchain Firm Embraces Stellar Cryptocurrency Via Merger

    The for-profit subsidiary of the Stellar Development Foundation has purchased Chain, a venture backed blockchain startup with some of the biggest names in enterprise adoption among its customers. As part of the all-cash deal for an undisclosed amount, San Francisco-based Chain’s existing investors, including Visa, Nasdaq and Citi Ventures, will all receive a return on […]
  • A Billion People Will Be Using Cryptocurrency in 5 Years: Brian Armstrong

    The world of money is revolutionizing in front of our eyes. Cryptocurrency is creating new paradigms for alternative payment systems and decentralized banking. There is no doubt that the user adoption of various cryptocurrencies is rapidly increasing. The cryptocurrency industry has become more fluid as the borders between it and mainstream finance continue to blur. […]
  • 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 […]
  • Breaking: Winklevoss’ Gemini Launches U.S. Dollar-Pegged Cryptocurrency

    Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has announced the creation of a USD-pegged Ethereum token that looks to supplant tether (USDT) as the stablecoin of choice among bitcoin traders. Gemini Launches Tether Competitor Announced on Monday, the Gemini dollar (GUSD) aims to become what the controversial tether token has not, a […]
  • Turkish Exchange Develops Blockchain-Based Customer Database

    Turkey’s Borsa Istanbul Stock Exchange (BIST) has developed a blockchain-powered customer database, Daily Sabah reported September 6. Founded in 2013, BIST is the result of the merger of the Istanbul Stock Exchange, the Istanbul Gold Exchange, and the Turkish Derivatives Exchange (TurkDex). Per the exchange’s annual report for 2017, it has 399 listed companies, a […]
  • How Blockchain Is Being Applied to Human Rights

    Blockchain may not be a panacea to the all the world’s problems but there are many areas where it shows potential. Perhaps one of the most important is human rights. According to a 2014 report by Freedom House, only 40 percent of the world live in “free” countries. These are the nations that supposedly respect […]
  • Coffee and a Bitcoin: Start-up’s plan to turn change into cryptocurrency

    Perth-based entrepreneur Phil George is on a crusade to “democratise finance”. The chief executive and co-founder of cryptocurrency micro-investment app Bamboo wants to improve access to investment opportunities and understanding of the new technologies underpinning huge changes in finance. “Our platform aims to provide access to different investment opportunities like cryptocurrencies,” he said. Simplifying cryptocurrency […]
  • Augur Sold 1 Million Ethereum at $0.7, Why Experts Say It Was the Right Decision

    According to cryptocurrency researcher Dovey Wan, the decentralized prediction marketplace Augur sold around 1 million Ethereum at $0.7 immediately following its fundraising round. If Augur had sold its Ethereum reserve on the upside, in the $1,000 to $1,500 region, the $700,000 it obtained two years ago could have been worth $1 billion to $1.5 billion. […]
  • IBM Launches Blockchain Payments Powered by Stellar

    IBM has officially dipped its toes in the cross-border payments pool, having brought its long-awaited Blockchain World Wire payments system out of beta testing. According to the computing multinational’s website, the Stellar-powered system will be used by financial institutions settling cross-border payments “in near-real-time,” purportedly offering a faster, cheaper replacement for the banking intermediaries of […]
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