One of the most promising blockchain startups in the United Kingdom, Trustology, has created an iPhone-controlled crypto storage platform. The application is now available to users in the UK market and can be bought in the Apple App Store. The news comes from Finance Magnates. As of now, users who download the app will be…
Read more
Despite a volatile market for the cryptocurrencies, blockchain technologies are thriving. Europe appears to be at the forefront of blockchain investments. According to a report by IDC’ Worldwide Semiannual Blockchain Spending Guide, Europe will spend more than $800 million in blockchain-related technologies in 2019. The total spending amount will reach the staggering $3.6 billion by…
Read more
What was to become the world’s largest cryptocurrency IPO, that of Bitmain, has been postponed. The cryptocurrency mining equipment maker, Bitmain, filed for an application for an IPO on the Hong Kong Stock Exchange (HKEX), but it lapsed, so the process is at halt. According to news from Coindesk and from the HKEX webpage, the…
Read more
Investing in the crypto space has always been fraught with high risk, high casualty rates, but just enough of an allure that investors have been willing to throw caution to the wind in hopes that good fortune will befall their efforts. Yes, there have been digital assets that have produced “10X”, “100X”, and even “1,000X”…
Read more
After all the hoopla following the advent of the “JPMCoin”, banking executives now believe that the time is right for partnership and cooperation with all things crypto. The apparent flip came as a surprise during a nationally televised sequence of Squawk Box on CNBC, featuring an interview with JP Morgan’s Global Head of eCommerce Solutions…
Read more
With all of the press hoopla surrounding JPMorgan and Jamie Dimon’s support of a “JPMCoin” project, analysts that follow the banking sector have been wondering where was the major competitor of JPMorgan, i.e., Citibank, positioning itself in the world of crypto innovation of the banking sector. Citibank has a reputation of being an innovator and…
Read more
The meltdown in crypto valuations and the pullback in investor trading volumes, euphemistically referred to as Crypto Winter, continue to wreak havoc in every sector of the crypto community. The news today is that Bithumb, the largest crypto exchange in South Korea, has announced that it will cut back its staff from 310 employees down…
Read more
Numerai is an American prediction market company and hedge fund that recently raised $11 million in an ICO so it can launch the Erasure project. The information comes from the company itself. What Numerai does is “… incentivizing the construction of an artificial intelligence hedge fund with Numeraire, a cryptographic token on the Ethereum blockchain.”…
Read more
AriseBank is a cryptocurrency bank that found itself amidst a $4.2 million ICO scam. The former CEO of the institution pleaded guilty to deceiving investors of around $4.2 million. The information comes from the US news agency Dallas News. Jared Rice Sr. is essentially the founder of AriseBank. What the founder admitted in federal court…
Read more
The SEC seems to be trying very hard to understand the blockchain, fintech and cryptocurrency world. The agency is preparing to hold a public fintech forum on blockchain in May, 2019. The SEC announced that some of its staff will hold a forum on DLT and digital assets on 31st of May. Some time ago,…
Read more