Crypto markets are seeing minor losses across the board, as low volatility continues, and most fluctuations are capped within a 2 percent range. Friday, Oct. 19: crypto markets are seeing minor losses across the board, as low volatility continues. The top 10 cryptocurrencies are seeing an equal amount of positive and negative fluctuations, but almost […]
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Sberbank’s CEO says governments are not ready to give way to decentralized currencies – at least not within the next 10 years. Herman Gref, CEO of state-owned Sberbank – Russia’s largest banking conglomerate – believes that global governments won’t “let go” of centralized models to “allow” decentralized cryptocurrencies to flourish within the next 10 years, […]
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sponsored AI is riddled with mistakes, but a new platform believes human contributions could help this technology become more accurate and useful. Artificial intelligence (AI) is advancing by leaps and bounds, with exciting new applications launching every day. But a blockchain-based startup believes the transition from an “information economy” to an “intelligence economy” will prove […]
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Crypto and blockchain-related merger and acquisition (M&A) activity has surged by over 200 percent in 2018, according to data compiled by JMP Securities. In what has been dubbed a “deal frenzy,” crypto and blockchain-related merger and acquisition (M&A) activity has surged by over 200 percent in 2018, CNBC reported Oct. 18. Data compiled by JMP […]
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Armenia’s PM attended the opening ceremony of a controversial crypto mining farm touting itself as one of the “world’s largest.” The opening ceremony of a new mining farm touting itself as one of the “world’s largest” was held in the Armenian capital Oct. 18, according to a report by local platform News Armenia. The Armenian […]
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Crypto exchange Huobi is planning to roll out its new stablecoin aggregating asset across its ecosystem over the next two weeks. Singapore-headquartered cryptocurrency exchange Huobi announced the creation of what it calls a “stablecoin solution” in a blog post Friday, Oct. 19. Set to go live from Friday, the project, known as HUSD, will consist […]
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Petro should form an investment priority for Venezuelans, the country’s president has said. The president of Venezuela Nicolas Maduro called on workers to save in gold and state-run cryptocurrency Petro during a salary shake-up he announced Thursday, October 18, local news portal Noticiero Digital reports. In a television broadcast, Maduro said that “in the coming […]
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Tether’s offshore operations detract from its transparency versus other stablecoins, Mike Novogratz told Bloomberg. Stablecoin Tether (USDT) should create more “transparency” about its operations, cryptocurrency investor and entrepreneur Michael Novogratz told Bloomberg Oct. 18. Speaking in an interview, Novogratz, whose Galaxy Digital investment company is active in the cryptocurrency space, said he favored alternative stablecoins […]
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We know that stablecoins are backed by something. It’s time to learn how they are backed. Stablecoins have been making the headlines in recent months, attracting big investors, tempted by the allure of a on ‘non-volatile’ cryptocurrency. At first, we usually pay attention to the backing connection, in other words, to the coin’s stabilizing mechanism. […]
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The government of Bermuda has licensed the first ICO in the country under a new regulatory regime that was introduced this summer. The government of Bermuda has awarded the first certification for an Initial Coin Offering (ICO) under the island nation’s new regulatory regime for crypto and blockchain business, the country’s only daily newspaper, the […]
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