Facebook has literally shaken the perception of what cryptocurrencies can do. One of the largest companies in the world by user base and market cap, Facebook is creating its very own cryptocurrency called Libra - a project set to disrupt the way we use and perceive digital coins. Because of the massive impact that Libra…
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The Bitcoin train just keeps chugging along, refusing to pull back sharply, as some analysts of note have suggested, and setting a new high for the year in the process. There has been a great deal of “hype” in the press this week regarding Facebook’s published plans for its proprietary crypto “Project Libra”, which will…
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One of the Big 4s, PwC, is undoubtedly one of the most ardent supporters of blockchain and the magic the technology "can spread" on a corporate business, especially considering the harsh competition that audit and consulting companies currently face. Now, PwC is offering a new tool to audit crypto transactions. The information comes from a…
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The largest player in the insurance industry, MetLife is jumping on the blockchain bandwagon, it seems. The US giant, according to press release by Nasdaq, looks to utilize blockchain to completely disrupt its claims process. MetLife may choose to utilize the Ethereum blockchain to revamp its insurance claims process. What is known for now is…
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METACO, AlgoTrader and Cysec (formerly ArcaTrust) announced that they have teamed up to offer a comprehensive, all Swiss-made crypto asset management ecosystem for financial institutions to manage the entire life-cycle of their crypto assets: from secure storage and management to automated trading and execution. Cysec's hardware security will be combined with METACO’s crypto asset storage…
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Binance, the largest crypto exchange in the world by volume and now based out of Malta, has been making waves of late in the industry, many of which are viewed as controversial, as it blazes new trails and tiptoes around regulatory challenges thrown in its path. For a firm that has appeared to go out…
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Bitcoin pulled back again after beating on the $9,400 door, where ostensibly profit taking orders proliferated. BTC remained in positive territory for June, a feat few analysts predicted two weeks back, but the number crunchers were mixed, when it came to explaining why Bitcoin finally had a “sluggish” day at the trading table. There has…
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On Colombian-Venezuelan border, there is a new cryptocurrency exchange service that may help refugees who travel across the Simon Bolivar International Bridge. The information comes from Mrs. Aguilar from CoinDesk. According to press, the service is a point-of-sale one with digital coins that can be used to buy different types of goods. The point-of-sale is…
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Bitcoin is on fire again, if this weekend’s trading is any sign of things to come in the near term. Today’s trading has almost been a repeat performance, with BTC hovering over $9,000, bouncing down twice from resistance at $9,400, and now nestling in at $9,250. The sudden spurt caught most everyone off guard, but…
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The regulatory wheels of justice may move slowly, but it appears that the long arm of the law of the self-regulatory body, the Financial Industry Regulatory Authority (FINRA), got their man. Rules are rules, and Kyung Soo Kim, an ex-employee of Bank of America-owned broker-dealer Merrill Lynch, Pierce, Fenner & Smith Inc., recently met his…
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