Beldex Raises The Bar For Crypto Organisations
In the constant effort to stay on top of the crypto game, Beldex has yet again done what other cryptocurrency companies have failed to do. Beldex has gained the trust of the crypto community by exhibiting great potential in its ideas and coin. The company has garnered a huge fan following and has a monumental […]
Digital Currency Exchange HBUS to Launch a Billboard Campaign In The U.S.
HBUS, the exclusive U.S. partner of Huobi, the world’s leading digital asset solutions provider, today announced the unveiling of their “Evolved Crypto Trading” billboard campaign. The billboard is located on the busy San Francisco corridor of 3rd Street, between Mission Street and Market Street in downtown San Francisco. As part of the campaign, HBUS will […]
Cryptocurrency CEO Indicted After Defrauding Investors of $4 Million
AriseBank CEO Jared Rice, Sr. was arrested by the FBI on Wednesday, charged with duping hundreds of investors out of more than $4 million in a cryptocurrency scheme, announced U.S. Attorney for the Northern District of Texas Erin Nealy Cox. Mr. Rice, who is also the subject of a civil action filed by the SEC’s […]
Mike Novogratz’s Crypto Trading Desk Lost $136 Million in Nine Months
The bad year for traders at Mike Novogratz’s cryptocurrency merchant bank got even worse in the third quarter — and that was before the market fell out of bed this month. Net realized and unrealized losses on digital assets at Galaxy Digital Holdings LP’s trading operation totaled about $41 million in the third quarter, bringing […]
UAE Government to Strengthen Global Position in AI, Blockchain Technologies
The Second UAE Government Annual Meetings, held in Abu Dhabi, witnessed the launch of two national initiatives aimed at reinforcing the artificial intelligence, AI, and Blockchain sector to strengthen the UAE leading position globally. During the meeting held by the AI and Blockchain Joint Working Group, attendees tackled the appropriate mechanisms to attract foreign investment, […]
Bitcoin Gets a Thumbs Up From New York Stock Exchange’s Chairman
Bitcoin has plunged in price in the past year, but the CEO of one of the world’s biggest exchange operators isn’t deterred from entering the space. Jeffrey Sprecher, CEO of IntercontinentalExchange (ticker: ICE) and chairman of the New York Stock Exchange, spoke enthusiastically about cryptocurrencies at the Consensus Invest conference in New York on Tuesday. […]
Bitcoin Miner Margins Tighten, Hash Power Goes in Decline
Miner euphoria came to a screeching halt last week as the price of Bitcoin tumbled forcing a 20% decrease in the networks hashrate. In a best-case scenario, most miners are now switching off equipment and await a lull of opportunity as margins have taken a 30% hit on the weekend versus the start of last […]
Bank Negara Malaysia First Before Implementing Cryptocurrency
All parties wishing to introduce cryptocurrency in Malaysia must go through Bank Negara Malaysia (BNM) first, said Lim Guan Eng. The Finance Minister said that the government and BNM must be careful with any introduction of cryptocurrencies as such new technologies are still being studied by the financial regulator to ensure the stability of the country’s […]
Abu Dhabi’s Al Hilal Bank Uses Blockchain to Sell Sukuk in Secondary Market
Abu Dhabi’s Al Hilal Bank has executed the world’s first sukuk transaction using blockchain technology, it said on Monday. The Islamic bank used the distributed ledger technology, best known as the underpinning of crypto-currency Bitcoin, to sell and settle in the secondary market a small portion of its $500 million five-year sukuk, issued in September. “Al […]
Napston Launches 100% Automated Cryptocurrency Trading Platform based on Proprietary Distributed Artificial Neural Networks Technology
Cryptocurrency trading is all set to become safe and profitable like never before, with the recent launch of a fully automated crypto trading platform by Napston. This groundbreaking trading platform is based on a proprietary technology called Distributed Artificial Neural Networks that has been programmed to accurately predict the market by utilizing the processing power […]
Calvin Ayre: Original Bitcoin Will Live on as Bitcoin SV
Entrepreneur and Bitcoin Cash SV supporter Calvin Ayre: Any time you feel forced to square off to defend yourself or something you value you always need to have an end game plan. For CoinGeek that end game was always making sure there was a version of the original Bitcoin still able to show off its […]
VNX Exchange Unveils Security Partnership with Luxembourg University
Luxembourg-based VNX Exchange has announced a partnership with the University of Luxembourg in a bid to improve the security of digital assets. VNX Exchange claims to be developing the world’s first secondary market for venture capital (VC) investments – using blockchain technology. “In creating a secure and regulatory compliant marketplace for the transparent trading of […]
Bitcoin Will Fall 30% Before Bottoming at $3,000
Bitcoin shares could bleed another 30 percent before they bottom, cryptocurrency trader Michael Moro told CNBC on Friday. “You really won’t find [the floor] until you kind of hit the 3K-flat level,” the Genesis Trading & Genesis Capital Trading chief said on “Squawk on the Street.” “It’s really difficult. There are small levels of resistance,” […]
Coinbase Loses Chief Policy Officer Michael Lempres
Coinbase Inc., one of the largest U.S. crypto exchanges, is losing its policy head at a time when communication between Washington and the digital money sector may never be more important. Michael Lempres, who was named the firm’s policy officer in September after serving more than a year as its legal chief, is leaving to […]
Crypto Venture Capitalist: View Bitcoin as a Survivor Like Amazon After the 1990s Dot-com Bubble
Investing in bitcoin is not for the faint of heart, but over any given two-year period holders of the world’s biggest cryptocurrency have been rewarded, CryptoOracle partner Lou Kerner told CNBC on Wednesday. Kerner, whose venture capital firm supports what it calls the “decentralized digital economy, ” has a much longer investment horizon. For example, […]
Japanese Shipping Line Develops Digital Cash for Crew
Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter said. The goal is to make it easier for seafaring workers to manage, send and convert money into their local currencies, said one of the people, who asked not to be […]
MV Index Solutions Launches Bitcoin US OTC Spot Index
MV Index Solutions today launched the MVIS Bitcoin US OTC Spot Index (MVBTCO), which is the first bitcoin index based on U.S. price feeds from established OTC digital asset trading operations. The index shows the spot price of bitcoin by tracking its performance based on three of the leading providers in OTC liquidity, including Circle […]
Bitcoin for Payments a Distant Dream as Usage Dries Up
The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital coin starts to fulfill one of the basic features of any payment currency: stability. The value of bitcoins handled by major payment processors shriveled nearly 80 percent in the year to September, data from blockchain researcher Chainalysis shows. […]
