With the recent events in mind, EXMO Cryptocurrency Platform released the following official statement on the abduction of Pavel Lerner: Pavel holds a role of a leading analyst at EXMO and is a blockchain… Bitcoin exchange EXMO’s official statement on Pavel Lerner’s abduction was published on CryptoNinjas.
It has been just two weeks since the latest v0.2 release. Revain has now released version 0.3. The platform’s overall design and interface is enhanced by new data widgets, graphs and animations, price dynamics and the percentage in token price increase. The graph that shows token dynamics became much more detailed. The review section of the website was adjusted to be more clear and user-friendly. Widgets got new animations: when a user points the cursor to them they start flashing smaller graphs with related information. Sharing token’s performance on Facebook and Twitter isn’t working yet, but the team assures that it’s coming soon. Three new widgets were added: Today Price and Volume, Week Price and Volume and ICO Price. ‘Today Volume’ widget compares token’s trading volume with the previous day. ‘Week Volume’ does the same thing with the previous week. […]
2017 Initial Coin Offerings The ICO market has exploded in 2017. Once a relatively unknown funding method, the total number of ICOs in the first half of 2017 surpasses the whole number of funds raised in 2016. How Does It Work? Projects launch an ICO by issuing crypto tokens on the blockchain, giving early investors the opportunity to acquire tokens in exchange for cryptocurrency. ICOs are usually limited by time or a cap on the amount of funds raised. The value and number of tokens released can be static or calculated based on the amount of funds raised. The Problem with Investing Not all ICOs are honest, in many cases start-ups have launched their ICO without a well thought out plan and strong team behind the project, simply offering an impressive website with a vague whitepaper. In fact, many crypto […]
The violent sell-off of cryptocurrencies seen recently had been expected long ago. Everybody was talking about growing bubble, everybody was trying to predict the dates and levels, but as usual, it has come up unexpectedly. Or not? Below I will name the key drivers that triggered the move and the possible scenario for most cryptocurrencies under the leadership of Bitcoin. The current Bitcoin slump is the function of mass profit taking. During the recent months, the speculative demand sped up the cryptocurrency’s growth pushing the prices up 200%-500% higher. Everybody knew it was a bubble but still kept buying up till the moment when some key figures of the crypto world came out with an official warning. And this became the start of new era for Bitcoin and Co. An Interesting Chronology of Events December, 19 – Emil Oldenburg, the […]
What the Fork? New SegWit2x Launches With Massive Premine, Unknown Development Team The new SegWit2x, a revival of the original hard fork designed to help with the scalability issues of Bitcoin, was scheduled to happen at Bitcoin block number 501451. That block was mined at around 6PM UTC, Dec. 28, and the team behind the project announced its official… The post What the Fork? New SegWit2x Launches With Massive Premine, Unknown Development Team appeared first on Altcoin Today.
On December the 28th, Reuters published an article about possible upcoming regulations in the South Korean cryptocurrency market. It explained that the South Korean government wants to include a ban… Continue reading “Reddit User Clarifies Reuters Article Spreading FUD” The post Reddit User Clarifies Reuters Article Spreading FUD appeared first on .
December 29, 2017 – MATRIX AI Network today launched the MATRIX project, a new generation Blockchain that leverages the latest AI techniques to revolutionize the cryptocurrency landscape. With a fusion of Blockchain and AI technology, MATRIX has built a revolutionary cryptocurrency that supports significantly boosted transaction speed, superior accessibility to general users, enhanced security under malicious attacks, and highly flexible operations. “The MATRIX intelligent Blockchain is a game changer in Blockchain technology,”, said Owen Tao, CEO of MATRIX. “MATRIX differentiates itself from previous Blockchains by offering breakthrough technologies in building AI-enabled autonomous and self-optimizing Blockchain networks, which feature multi-chain collaborations and decoupling of data and control blocks”. As a result of the extreme congestion on both the Bitcoin and Ethereum Networks, ICO investors or contributors have faced significant challenges with cryptocurrency transfers which causes substantial hitches in trade transactions. The […]
SONM, the universal fog supercomputer powered by the Ethereum blockchain informed today that a couple of months ago the Hewlett-Packard IoT Bounce team and Hewlett Packard Enterprise (HPE) team invited SONM to join Cloud28+… Hewlett-Packard invites SONM to Cloud28+ marketplace was published on CryptoNinjas.
Sooner or later it was going to happen. Different European Union (EU) countries have been commenting and debating on the possibility to regulate Bitcoin and other cryptocurrencies. Several government officials… Continue reading “The European Union is Planning to Regulate Bitcoin” The post The European Union is Planning to Regulate Bitcoin appeared first on .
Ripple Price Approaching $2 as Price Doubles in Weekly Trading A week after the value Ripple’s native XRP token topped $1 for the first time in history, the cryptocurrency surged again today, rising 34 percent. At press time, the token, used for transactions on Ripple’s open-source RippleNet cryptocurrency network, reached $1.87, a figure that was nearly double… The post Ripple Price Approaching $2 as Price Doubles in Weekly Trading appeared first on Altcoin Today.
BYZANTIUM ICO Agency has finished this year with more than 12,000 BTC collected for their clients as well as 1000 media publications and thousands of ICO investors attracted. This Year is Over… In 2017 BYZANTIUM has successfully provided their services to some the most promising ICOs, including Crypviser, CryptoPing, Goldmint, Mircomoney, Naga Token Sale and Bankex. Moreover, they worked with The Token Fund. Projects received a range of services including: Strategy & Consulting Marketing & PR Community management & Support Branding & Web-development As a result, in more than 12,000 BTC were gathered (in total for all projects based on the sum collected on the last day of the token sale converted to BTC in accordance to exchange rates). BYZANTIUM generated more than 1000 crypto and investing media publications for their clients as well as attracted thousands of ICO investors to […]
After launching the first “off-chain” transaction solution for blockchain, Raiden Network (RDN) has significantly ramped up its business with a string of major partnerships. “The pace of adoption of Raiden’s technology has exceeded expectations,” says Yubo Ruan, Co-Founder of Off-Chain Technology Group, an organization that develops blockchain transaction solutions. “We knew uRaiden made history by enabling blockchain to scale beyond ‘several transactions per second’ to millions per second. And by reducing the time a blockchain transaction takes from a few minutes to under a second. But we didn’t expect some of the largest and most promising crypto projects to embrace uRaiden so rapidly after launch.” Raiden’s payment channel framework, uRaiden, launched on November 30, 2017. In addition to scaling transactions on Ethereum, uRaiden makes possible “instant” transactions and cost-efficient micropayments. It also significantly drives down machine-to-machine transaction costs. Key […]
Considering you’ve got to pay a network fee every time you want to transfer cryptocurrency, you’d be justified in wanting to avoid excessive exchange fees. It’s bad enough that the dollar value of Bitcoin transaction fees can be upwards of double digits, so there’s no need to get gouged on withdrawal and trading rates by your favorite exchange. That’s why we compiled this handy list of low-fee exchanges so that you can get the best bang for your buck investing that crisp Benjamin your granny gave you for Christmas. Our Pick of the Litter GDAX This technically isn’t the exchange with the lowest fees on this list, but it’s one of the cheapest and easiest options if you’re looking to purchase crypto directly with fiat. GDAX is Coinbase’s exchange counterpart, and conveniently, if you have an existing Coinbase account, you can automatically […]
Friday 29 December 2017, Zug, Switzerland – trade.io is extremely proud to announce that it has received approval to list on one of the largest global digital asset exchanges, OKEx. Based in Belize, with its main operations hub located in Hong Kong. OKEx is an international company specializing in blockchain technology and digital asset development and applications. OKEx.com, its flagship platform, is often ranked as the Top 3 (overall) in daily trading volume. To celebrate this partnership, trade.io will airdrop 100,000 TIO Trade Tokens via OKEx to some lucky OKEx customers. Of the development, trade.io CEO, Jim Preissler commented: We’ve had an amazing ICO to-date, raising over $20 million, and we are obligated to all those that have participated to continue to offer value adds. We identified OKEx as an industry leader and feel our community would benefit from this […]
The establishment of the US-based nucleus team at Hcash is a move which will propel the company to the forefront of Blockchain technology. The current aim of the development team, concerning the direction of Hcash, is focused on interoperability, private transactions, security, quantum resistance, while maintaining a high transaction speed. The event, held at the Cisco Meraki building in San Francisco, was lead by the two leaders of the nucleus team. Mo Sen is a distributed systems engineer with a background in computer science at Purdue, Stanford and Tsinghua Universities. With over a decade of software development experience, he has led infrastructure development projects with clients including Citrix, Google/Motorola and numerous others. John Woeltz is an applied cryptographer with over 5 years of experience developing, architecting and applying cryptography for Blockchain software and firmware ranging from the world’s first SCRYPT […]
With countries across Asia making moves to regulate and clamp down, few remain as beacons of freedom when it comes to cryptocurrencies. India, Russia, China, South Korea, Vietnam, and Indonesia have all issued restrictions on exchanges, but one unlikely country in Asia remains open: Thailand. Thailand is a surprise as it is in the grips of a military dictatorship that does not look like it wants to return the country to democracy at any time in the future. With sweeping clampdowns on everything else across the nation, the military seems open towards crypto and are even planning on starting to educate the public about it. Coin School It was reported in the Bangkok Post that the Finance Ministry will join with other authorities to educate people about Bitcoin following the digital asset’s wild ride this month. The concern is that […]
The overall cryptocurrency market seems to have stabilized after a correction that lowered its total capitalization to below US$450 billion last week. That said, the market has yet to convincingly bounce back to pre-correction levels, as its market cap continues to drift between US$500 billion and US$600 billion. The Bears are Back November and December saw record highs across most cryptocurrency markets. The total market cap increased a staggering US$350 billion from the beginning of November to its December peak, and top 10 coins repeatedly hit new all-time highs over the course of this latest market run-up. Nothing lasts forever, however, and these fortunes faded almost as quickly as they had arisen. Last week, the market went into a nosedive, leaving assets across the board bleeding as crypto’s market cap bottomed out at US$422 billion. Bitcoin dove to lows below US$12,000, Ethereum’s price touched just under US$500, and Litecoin fell […]
What might be the best gift for a kitten? Most probably a tiny glorious fish will meet expectations. But what if that kitten is in fact a crypto token that lives in Ethereum blockchain? Than a crypto fish should be invented. Disclosure: This is a Sponsored Article Meet the new game on smart contracts called Fishbank — that is classic PvP (player-versus-player) to grow the predatory fish that hunt opponents gaining their weight. Built in the setting of “deep blue distributed ocean” it has the major aim to nurture the largest fish to dominate the others. Every fish is a digital crypto asset owned 100% by player that is immutable and transferrable like any other cryptocurrency. One can collect, enhance and trade these digitals assets easily using graphic interface of Fishbank website and MetaMask wallet. Such an approach was first […]
The SwissBorg project, which has been running its ICO campaign since December aims to revolutionize crypto wealth management services with a community-centric approach powered by blockchain technology. SwissBorg is a ‘wealth tech’ company offering… Swissborg: ICO for open blockchain-asset wealth advisor network was published on CryptoNinjas.
In a continuation of its regulatory machinations, the South Korean government has unveiled its latest cryptocurrency legislation. With its sights set once again on exchanges, officials want to curb the use of anonymous accounts and increase their control over exchanges overall. Perhaps in response to the news, the cryptocurrency markets fell overnight, with Bitcoin slumping 10%. South Korea Says No to Anonymity As originally reported by Reuters, South Korean officials have taken yet another regulatory approach to temper crypto enthusiasm among its citizens. On Thursday, the government announced that it would place a ban on anonymous trading accounts. The ban, which is to take effect next month, is another attempt to protect investors from what the government sees as wild speculation and a volatile market. “The government had warned several times that virtual coins cannot play a role as actual currency […]
Evan Luthra talks about the extremely high risk, and correspondingly huge gains, inherent in investing in digital assets. You can triple your money or lose everything, in just a matter of hours. #INTERVIEW
trade.io has a vision to revolutionize the financial industry, recognizing that in 2008 the world economy nearly collapsed, arguing that it was not due entirely to recklessness and a lack of transparency, but also because the financial sector had failed to keep up with innovation. The team behind trade.io sees that little has changed since 2008, nor have lessons been learned. Investors are at the mercy of high fees and low liquidity and, with transparency still lacking, even third-party verification suffers from conflicts of interest. trade.io aims to disrupt the current financial establishment and lead it forwards with honest and fair trading, conducted and recorded on the secure and transparent blockchain. trade.io’s one-of-a-kind trading and financing platform goes beyond cryptocurrency assets, also offering Forex and CFDs over precious metals, oil, commodities, indices, and global equities. At launch, they plan to […]
Let’s face it – the end of 2017 is approaching, and both bitcoin and esports have proved that they’re not just a fad and that they’re here to stay. What could the future hold for these two industries of the future? Esports – More Than Just ‘Playing Video Games’ Traditionally, video games have always been a popular hobby all around the world, spanning over multiple generations. From the first NES to the current Nintendo Switch, video games have always served as a way for friends and family to bond together and have some fun. Games were designed to be competitive, but not on a large scale; tournaments were usually held between friends, and at best, at events such as PAX Prime. Fast forward a few decades later, and it has evolved into what is known as esports, or competitive video gaming. […]
Segwit2x Bitcoin | Huge Premine, Anonymous Dev and the Great Satoshi Heist At around 6PM (UTC) on December 28th when Bitcoin block 501451 was mined, Bitcoin was forked yet again and Segwit2x was created. The Long Awaited Launch of New Bitcoin SegWit2X Fork Finally Took Place! pic.twitter.com/GC46rYFoOI — Segwit2X (@Segwit_2X) December 28, 2017 Segwit2x was initially a hardfork which was supposed to occur on November 16th, 2017. The proposed fork was first announced on May 2017 as a result of the ‘New York Agreement’. This agreement included the signatures of over 50 of the largest names in Bitcoin. Segwit2x was designed to be the second part of a two-step process. Segwit (segregated witness) created a second layer solution, this was added to the Bitcoin protocol on August 24th, 2017. This was then to be followed by an increase in the […]
The rental market forecasts are looking good for 2018, with non-luxury properties expected to outperform their luxury counterparts. This is partly due to the coming-of-age of the millennial generation, which has an affinity for… Rentberry property rental platform ready for BERRY tokenization was published on CryptoNinjas.
trade.io, the blockchain P2P trading platform that gives private investors and investment firms an immediate share in the profits of their commodity exchange, is announcing that it has raised over $20 million in its… trade.io goes over $20 million raised for its ICO was published on CryptoNinjas.
HitBTC, the European based cryptocurrency broker has put out a statement regarding the state of affairs on HitBTC. Many users have been complaining of no response from contact enquiries as well as stagnation of… HitBTC responds to bevy of customer complaints was published on CryptoNinjas.
Seven Deadly Trading Mistakes Every Rookie Makes So you’ve created a Coinbase account, bought your first fraction of a bitcoin and followed up with half a litecoin. You’re now ready to become a cryptocurrency trader. You fire the lot over to an exchange where the first coin you purchase shoots up by 10% before you… The post Seven Deadly Trading Mistakes Every Rookie Makes appeared first on Altcoin Today.
Cryptocurrency Influencers Accused of Aiding Pump and Dumps Social media influencers are marketing manna, coveted for their highly engaged audience who hang on their every word. Sites such as Tomoson and Meltwater link brands with influencers who are eager to spread the word – for a fee. In the cryptocurrency space, however, where influential figures… The post Cryptocurrency Influencers Accused of Aiding Pump and Dumps appeared first on Altcoin Today.
Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Bitcoin and other cryptocurrency assets are precious and some of them have grown over 1300 percent in value this year. Although, with the price on exchanges being higher than ever before its now a bit more difficult for those who want to ‘cash… The post Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy appeared first on Altcoin Today.
South Korean Government Stressing Over “Irrationally Overheated” Bitcoin Market Bitcoin’s tumultuous December continued this week as the South Korean government expressed concerns at the lack of regulatory control over cryptocurrency exchanges. The country has been at the forefront of massive cryptocurrency adoption this year and the government has struggled to keep up with developments and trading in the industry,… The post South Korean Government Stressing Over “Irrationally Overheated” Bitcoin Market appeared first on Altcoin Today.
Samsung Founder to Be Fined For Storing Billions in 200 Offshore Accounts, Bitcoin’s Merit Lee Kun Hee, the billionaire founder of South Korea’s largest conglomerate Samsung, is expected to be fined for storing many billions of dollars in more than 200 offshore banking accounts with the intent of avoiding taxes. Advantage of Bitcoin JTBC, a major… The post Samsung Founder to Be Fined For Storing Billions in 200 Offshore Accounts, Bitcoin’s Merit appeared first on Altcoin Today.
Bitcoin Price Technical Analysis for 12/29/2017 – Small Uptrend in Play Bitcoin price is starting to trend higher on its 1-hour time frame, but technical indicators still reflect some bearish pressure. Bitcoin Price Key Highlights Bitcoin price appears to be forming a short-term ascending channel on its 1-hour chart. Price has bounced off the channel… The post Bitcoin Price Technical Analysis for 12/29/2017 – Small Uptrend in Play appeared first on Altcoin Today.
A Monero Mining Bot Is Spreading Through Facebook Messenger If you’ve interacted with Facebook, you may have had run-ins with spam bots that infest your profile (or your friends’ profiles) and post links or advertisements without your permission. Well, the same malware that tells your friends to “Check out this link for 90% off a BRAND… The post A Monero Mining Bot Is Spreading Through Facebook Messenger appeared first on Altcoin Today.
Here Are Three Ways to Get Involved With Cryptocurrency Without Investing Money As more and more money flows into the cryptocurrency markets, a belief has emerged that to have a worthwhile and profitable interaction with cryptocurrency, a sizable initial investment must be made. For potential supporters without the financial means to do so, it may appear as… The post Here Are Three Ways to Get Involved With Cryptocurrency Without Investing Money appeared first on Altcoin Today.
Poloniex just reported that it’s going to require verification for legacy accounts. Here’s what’s what you need to know: On December 27, 2017, cryptocurrency exchange Poloniex released this press release. The release outlines that fact that the company will soon start requiring that every account held on its platform is verified and that, to this aim, will start removing accounts (so-called legacy accounts) on an as-yet-undecided date. Here’s Poloniex’s official statement on the development: We have recently completed a major upgrade to our customer identification and verification systems. As a result, we will soon require legacy accounts to become verified through the latest version of our verification portal. What Does This Mean for Account Holders? Anyone that set up an account with Poloniex this year should have no issues. Recently created accounts had to undergo the verification process as part […]
Hacks, Scams and Attacks: Blockchain’s Biggest 2017 Disasters Hard forks? Soft forks? ICOs? Bombarded by no shortage of unfamiliar technical terms in 2017, consumers in the blockchain sector once again proved a ripe target for hackers and criminals. But, not all hacks and scams were created equal. Some rose above the froth – either due to… The post Hacks, Scams and Attacks: Blockchain’s Biggest 2017 Disasters appeared first on Altcoin Today.
For the first time since 2015, the United States has a new National Security Strategy. The document is heavy on national security, light on strategy, and weightless in its comprehension of emerging technologies and social trends.
Crypto-Community Grows Skeptical of Bitcoin Forks Over the past couple of months, there’s been a “forking fever” taking place as many people have decided to create their own form of the original Bitcoin protocol. A few weeks ago we reported on the ‘Bitcoin God’ snapshot-clone started by the well-known Chinese investor Chandler Guo. Now… The post Crypto-Community Grows Skeptical of Bitcoin Forks appeared first on Altcoin Today.
Ross Ulbricht’s Fate in the Hands of the US Supreme Court Ross Ulbricht formally submitted a writ of certiorari to the Supreme Court of the United States (SCOTUS), seeking a hearing for the overturn of a decision upheld this year by the Second Circuit Court of Appeals. Mr. Ulbricht’s double-life sentence without the possibility of parole is… The post Ross Ulbricht’s Fate in the Hands of the US Supreme Court appeared first on Altcoin Today.
CNBC has continued its confused cryptocurrency coverage with the airing of fresh criticism of Bitcoin Cash and praise of Bitcoin itself. Najarian Turns Spotlight On Centralized Bitcoin Cash In stark contrast to the network’s recent standard angle, which has seen the overly forward support of the Bitcoin Cash altcoin and warnings about Bitcoin, a recent edition of its Half Time Report witnessed a conspicuous U-turn. “The fact that Bitcoin Cash is controlled… by two individuals – that is a huge difference from Bitcoin,” Investite.com CEO Jon Najarian told presenters Thursday. Haha bcash looking better every day pic.twitter.com/k01a3t93sG — KryptoKnight69 (@ELEProbtc) December 28, 2017 CNBC recently hit the headlines when its Fast Money segment began publishing strongly-worded tweets about Bitcoin Cash’s superiority, leading to suspicions of collusion between its staff and the altcoin’s executives. Major proponent Roger Ver appeared twice on […]
With Bittrex having recently disabled so many users, seems people are beginning to turn to alternative exchanges to buy and sell cryptocurrencies. This has increased trade volumes on other exchanges… Continue reading “Binance Exceeds Bittrex In Trade Volume Ranking Second After Bithumb” The post Binance Exceeds Bittrex In Trade Volume Ranking Second After Bithumb appeared first on .
…it would be Bitcoin Flash. Throughout 2017 we have witnessed a plethora of Bitcoin “hard forks”. Some of them were just a simple cash grab, some of them offered interesting improvements to the Bitcoin technology. But Bitcoin Flash seems to be outpacing them all, finally introducing much needed instant confirmations feature to Bitcoin, and other interesting aspects like the opportunity to earn Bitcoin Flash by running a masternode. In original Bitcoin, the transaction propagates fairly quickly through the network, but it is not considered “cleared” until it gets mined into the block, or better yet, two or three of them. The software auto-adjusts itself to keep the interval between blocks to 10 minutes on average, which results in the waiting time of 10-30 minutes for the transaction to be confirmed. Needless to say, this severely damages the chances of Bitcoin […]
Why Blockchain will revolutionize the banking industry Blockchain technology was invented back in 2008. But it’s just now taking the internet, technology, and even banking by storm. Already, 24% of people around the globe are familiar with blockchain technology. That number is 41% if you only count people in North America. In 2015, 13 different blockchain companies secured $365 million… The post Why Blockchain will revolutionize the banking industry appeared first on Altcoin Today.
The year that we all know as ‘the bitcoin year’ has been of importance for the majority of the people. Everywhere around the world, Bitcoin was mentioned and searched. What… Continue reading “Bitcoin Mania: Investopedia and Google Reported Important Interest During 2017” The post Bitcoin Mania: Investopedia and Google Reported Important Interest During 2017 appeared first on .
South Korea may pass a law giving its government the power to shut down cryptocurrency exchanges. Regulators in the country have also discussed beefing up the know-your-customer and anti-money laundering standards to which exchanges and the banks providing them services must adhere.
Scalability, Privacy And Governance – Main Problems For DApps, Says Qtum Co-Founder Ethereum’s functionality has lured a huge number of new ICOs onto the platform, as companies seek to easily create coins or tokens with various features. However, the recent CryptoKittiesDApp has proven that the network can be slowed by transaction volume. And while smart contracts have made the Ethereum… The post Scalability, Privacy And Governance – Main Problems For DApps, Says Qtum Co-Founder appeared first on Altcoin Today.
Venezuela’s first state-run cryptocurrency will be backed by three of the country’s major natural resources. Venezuela previously announced their intention to step into the crypto spotlight by creating their own digital currency, the Petro. The country’s president, Nicolás Maduro, noted that the creation of the state-controlled crypto is a way to “innovate toward new forms of international finance for the economic and social development of the country.” Sidestepping Those Sanctions It could also be due to the fact that the crypto industry has grown exponentially in Venezuela on the back of the country’s economy suffering high levels of inflation and the introduction of US-led financial sanctions. Maduro made reference to the latter, stating that the purpose of the Petro is to “advance the country’s monetary sovereignty, to carry out financial transactions and to defeat the financial blockade against the country.” Backed […]
If you know how hot South Koreans are for crypto, this may not come as much of a surprise. According to a new survey, 3 out of every 10 South Korean workers have some investment experience with cryptocurrencies. Nearly 1 in 3 Invested in Cryptocurrency This Wednesday, web-based job portal Saramin published the results of a survey that included 941 salaried South Korean citizens. Saramin found that 31.3% of respondents held a position in cryptocurrency. Revealing their reasons for investing in crypto, 54.2% of the individuals surveyed believed that these investments were the fastest way to make money, and 47.8% indicated that investing small amounts of money into cryptocurrency was easy enough to justify the decision. According to the data, 44.1% of surveyed workers have invested less than 1 million won (US$930). Some 18.3% have invested 1 to 2 million won, while another 9.8% invested between 2 […]
The financial services giant is planning on offering digital asset trading beginning in the summer of 2018, sources close to the bank have reported. Old Money Moving In Goldman Sachs is becoming one of the first large banks in the US to embrace Bitcoin and other crypto-currencies, as the bank is currently building a team to tackle many of the issues that will come from implementing the trading. A major issue now is how the bank plans on storing the assets, as they will have custodial control of the assets. The bank is also one of the first to support the Bitcoin Futures trading, which has been recently launched by some US exchanges, namely CBOE and the CME Group. Similar scale national banks have held off on clearing those futures, as worries about the volatile nature surrounding Bitcoin’s price along […]
One of the key functions of the blockchain is the ability to mark data permanently. This immutability has primarily been used to record currency transactional data, but this ability can theoretically be extended to permanently record other secondary information. It is this ability that holds promise for the blockchain to be an all-encompassing solution for verification of various assets. Disclosure: This is a Sponsored Article Devery.io is building a protocol layer above Ethereum to enable third party developers to easily build product verification services on the Ethereum blockchain through APIs. Further, the Devery Protocol connects provenance systems into one central hub. The current provenance landscape is fragmented, and Devery aims to unify them into one central look-up for consumers. There are various real world use cases that would benefit from this solution. Specifically, governments and private corporations today run registries […]