Category: Cryptocurrency

acquisition
December 06, 2018 BY Valentina Kirilova

Dash Financial Technologies acquires eRoom Securities

Dash Financial Technologies has just announced it has signed a definitive agreement to acquire eRoom Securities, LLC. The move follows last year’s acquisition of Convergex’s options business, Liquidpoint, and will allow the firm to enter the introducing prime brokerage space. eRoom is a Chicago based company, providing multi-asset trading technology, agency execution, risk management, reporting and clearing services…

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blockchain
December 05, 2018 BY Valentina Kirilova

Blockchain Association adds eToro as a new Executive Member

FX broker eToro has announced that it has joined the Blockchain Association as an executive member. The broker will help the Association build more efficient financial systems and decentralized web applications. Other members of the Blockchain Association include Coinbase, global finance company Circle, Digital Currency Group, and Polychain. Guy Hirsch, USA Managing Director, eToro, said: As a…

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Bitcoin subreddit page hits one million subscribers despite recent price volatility
December 05, 2018 BY Valentina Kirilova

Bitcoin subreddit page hits one million subscribers despite recent price volatility

Bitcoin subreddit page, /r/Bitcoin, has just reached one million subscribers, Coin Telegraph reported earlier this week. It has become one of bitcoin’s most important online communities since it was founded in September 2010, two years after the release of Satoshi's white paper. This significant milestone is welcome news for the bitcoin and wider crypto community…

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December 04, 2018 BY Mariela Naydenova

This Chinese government-backed company to launch a stablecoin

The Chinese company Grand Shores Technology Group is reportedly developing a stablecoin that will hit the Chinese market in February of 2019. The company is backed up by the Chinese government of Hangzhou, which is the capital of the Zhejiang Province. Grand Shores Group is a company engaged in blockchain and construction services. According to…

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Advanced Blockchain AG announce investment in WOM Token
December 04, 2018 BY Mariela Naydenova

Cryptocurrency adoption is rising, prices are falling - why?

The current market situation with cryptocurrencies, especially with Bitcoin's price is kind of extraordinary in terms of economic sense. The adoption of cryptocurrencies is rising, along with the adoption of blockchain technologies around the globe. The blockchain market is expected to reach around $2.3 billion by 2021. Yet, the prices of major altcoins are falling.…

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December 03, 2018 BY Mariela Naydenova

General Motors on automated cars and blockchain

Blockchain has surely entered another phase of its development. According to The Statista, the blockchain market can reach the staggering $2.3 billion by 2021. Other statistics suggest even more brighter future for the technology and its applications. General Motors is now also considering a special blockchain patent for managing its automated car fleet. According to…

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INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets
December 03, 2018 BY Valentina Kirilova

Monax Platform launches in Beta

Monax has announced the private beta launch of its Monax Platform, as the latest in its line of smart contract products. Casey Kuhlman, CEO and Co-founder of Monax, commented on the news: We’re excited to bring another blockchain solution to the legal field and see how this will benefit ancillary industries such as entrepreneurship, music,…

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November 30, 2018 BY Mariela Naydenova

Major cryptocurrency theft in Bulgaria – 3 for 5

Bulgaria is known as the country with largest Bitcoin reserve after the creator of Bitcoin himself, Satoshi Nakamoto. Back in July, 2018, it was reported that Bulgaria ranked second in terms of Bitcoin reserves, as in 2017 “the Bulgarian government seized almost $1.3 billion in Bitcoins, or 213,519 coins, to be precise. The amount of…

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hkex
November 30, 2018 BY Mariela Naydenova

Blockchain custodian solutions in Hong Kong

Blockchain solutions have been missing an essential feature – the custodian one. Now, InVault, a Hong Kong-based cryptocurrency custodian service company, has recently launched after the country put new regulations valid for crypto exchanges and fund managers, requiring both to properly implement custodian solutions to their offerings and protect the virtual assets of their clients.…

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