CRYPTOMARKET
  • 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 […]
  • REDDIT CO-FOUNDER IS OPTIMISTIC DESPITE BITCOIN VOLATILITY

    Despite the volatility of Bitcoin, Reddit co-founder Alex Ohanian remains an optimistic champion of crypto. Ohanian gave his insights in a recent interview. Yahoo Finance contributor JP Mangalindan gained exclusive to Reddit co-founder Alex Ohanian. Mangalindan sat down with Ohanian to discuss his fascination with cryptocurrencies like Bitcoin $6756.47 +0.15%. CRYPTO GETS AN UPVOTE Ohanian […]
  • Could Bitcoin Replace Credit Cards?

    Growing competition in the retail sector – and the possibility that the digital currency could help merchants lower transaction fees that cut into profit margins – could induce them to replace credit cards with bitcoin. “From a merchant perspective, Bitcoin has the advantage of not having large fees from credit card companies that cut into […]
  • Could New Crypto Startup Bakkt Be the Key to Bitcoin ETF Approval?

    Bakkt is a startup that aims to onboard customers to the world of crypto. A new report suggests that Bakkt, which is owned by the New York Stock Exchange, could help lead to the approval of the world’s first bitcoin ETF. That report comes from CCN.com: “The SEC has disapproved 10 Bitcoin exchange-traded funds (ETFs) […]
  • Jamaican Stock Exchange To Allow Crypto Trading

    The move could signal a desire not to be left behind as other Caribbean countries embrace blockchain tech. The Jamaican Stock Exchange (JSE) has partnered with Toronto-based FinTechcompany Blockstation to allow digital asset trading, according to an August 14 press release. Blockstation’s electronic communication network and order management system is intended to allow investors to […]
  • Blockchain Gets Fruity: (Aspiring) FinTech Group Pursues Juicy Tech

    A company recently unveiled its new fruit product, but it also engages in financial technology development. Is it normal to have a FinTech-fruit juice hybrid as a business model? According to a Wednesday announcement, Future FinTech Group Inc. has released a line of fruit-based enzyme drinks under its Chinese Hedetang food brand. Called Xian Mei […]
  • If Bitcoin is Rat Poison, the Banks Are the Rats: Pantera Capital CEO

    Pantera Capital officials continue to maintain an upbeat outlook for cryptocurrency amidst the current market downturn. In an ICO and digital asset funds conference call Tuesday, CEO and chief investment officer Dan Morehead said blockchains are the next step in the evolution of equity, while cryptocurrency is a superior form of currency. He called bitcoin […]
  • 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 […]
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