There has been a rumor that Goldman Sachs is currently onboarding a small pool of its clients to trade on Goldman’s Bitcoin derivatives platform. While the launch of the non-deliverable contracts platform has not been announced yet, the investment bank might be preparing all the details and technicalities behind its newest product. Back in the…
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The Basic Attention Token or BAT is built on the Ethereum network, aimed at improving the digital advertising industry. According to its website, BAT will be the token for a fully decentralized and efficient blockchain-based digital advertising platform. The goal of introducing BAT in one’s business is to keep the customers’ data private, while delivering…
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Cameron and Tyler Winklevoss are one of the best known names in the Bitcoin market, or at least, in the BTC ETF one. The Winklevoss brothers are now suing Charlie Shrem, the infamous Bitcoin tycoon who was convicted for "for aiding and abetting the operation of an unlicensed money-transmitting business related to the Silk Road marketplace",…
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Jeffrey Burns is a lawyer and cryptocurrency millionaire, whose company, Blockchains LLC just bought a huge piece of land in the Nevada desert for $70 million. The plan of Mr. Burns includes the construction of a new blockchain-powered futuristic city. While the purchase happened this year, Mr. Burns has already engaged top architecture companies to…
Read moreThe cryptocurrency assets under management have increased from around $680 million in January 2017 to almost $7 billion in recent months, shows a research by Morgan Stanley. The boom of cryptocurrency assets under management has soared to such high levels mainly because of heavy support and investments from venture capital firms, private equity and hedge…
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Hacking cryptocurrency exchanges and crypto accounts are two of the biggest issues related to digital coins. Governments around the world are citing these as top priorities to consider when introducing a digital coin or developing a stable coin. But it is interesting to note that more than half of all hacked cryptos end up in…
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The SEC has officially opened a new office to deal with fintech and cryptocurrencies. The interest for a Bitcoin ETF is rising, even though the SEC already rejected a few "offers" from investors such as VanEck. Now, the regulator has opened its doors for more discussion and proper understanding of digital coins. VanEck and the…
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Coinbase's user base and growth have both been remarkable in the last couple of months, especially when Bitcoin was hitting $20,000 in December 2017. The crypto platform has also added new "offerings" in its portfolio, including Bitcoin Cash and 0x. Now, the San-Francisco-based unicorn has secured a Series E funding round worth $300 million. Having…
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Countries around the world are still struggling to classify cryptocurrencies. The SEC even created a special office to deal with fintech and new digital assets. China has come out to classify cryptocurrencies as legal properties, and not legal currencies. The Shenzhen Court of International Arbitration (SCIA) has ruled out that digital coins, especially Bitcoin, are…
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The Alibaba Cloud has just taken its blockchain-as-a-service platform to the US, Europe and Asia, making the BAAS global. Blockchain-as-a-service, which is built on Alibaba's Ant Blockchain system, was launched for the Chinese market in the autumn of 2017. But this week, Alibaba announced that it is taking its BAAS globally. Alibaba says that their…
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