The age-old strategy of arbitrage capitalizes on price imbalances between markets — but how does it work in the cryptocurrency world? So, is crypto arbitrage worth the effort? The jury is out on this one. People who have plenty of experience in the marketplace — and know how to identify an opportunity when they see […]
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United States Treasury official Sigal Mandelker said that Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms. Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering (AML) and terrorism financing standards, according to United States Treasury Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker. Major business news outlet Reuters reported […]
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Trading Bitcoin and crypto is similar to traditional stocks but comes with far greater risk and a few other important caveats every trader should know. We have all heard hundreds of stories about the life-changing money being made in the crypto space. Anonymous Twitter traders regale us with tales of turning $1,000 into millions in […]
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Nasdaq has launched a decentralized finance index including crypto assets of projects like 0x, MakerDAO and Augur. Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index. A disparate […]
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South Africa’s crypto exchange Luno reaches three million wallets, reporting a surge of trading volumes in August. Major South Africa’s crypto exchange Luno has continued growing, having processed more than $5 million worth of crypto in August 2019. Marius Reitz, general manager for Africa at Luno, claimed that over 80 million South African rands ($5.4 […]
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Cryptocurrency exchange Blackmoon plans to list Telegram’s forthcoming native Gram token via a partnership with Swiss crypto custodian Gram Vault. Caymans Island-registered cryptocurrency exchange Blackmoon plans to list encrypted messaging app Telegram’s forthcoming Gram token via a partnership with Swiss crypto custodian Gram Vault. According to a Finance Magnates report on Sept. 10, Blackmoon — […]
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Blockchain company CasperLabs announced it has raised $14.5 million in a series A funding round led by Terren Piezer. Blockchain company CasperLabs announced it has raised $14.5 million in a series A funding round led by Terren Piezer, an International financier and chairman of Los Angeles-based investment company, Acuitas Group Holdings. Investment to further develop […]
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Five figures arrested over scheme police say was one of the most sophisticated ever seen in Europe. Portuguese police and Europol have seized funds worth €70,000 ($77,200) in what they describe as one of the most advanced counterfeiting operations ever seen. €1.3M fake notes sold since 2017 As Brazilian daily news outlet Sputnik and others […]
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Representatives at interbank payments network provider SWIFT have lambasted cryptocurrencies as being “useless and unstable.” Interbank payments network provider, the Society for Worldwide Interbank Financial Telecommunications (SWIFT), has dismissed cryptocurrencies as being “useless and unstable.” An FXStreet report published on Sept. 10 cites unnamed SWIFT representatives at a London briefing earlier this week, who reportedly […]
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Bitcoin, as a truth machine, is worth hundreds of billions of dollars, according to Gold Bullion International co-founder Dan Tapiero. Gold Bullion International co-founder Dan Tapiero analyzed Bitcoin’s (BTC) value as a truth machine. Tapero made his regards during an interview with business news outlet AlphaWeek published on Sept. 10. He said: “What it is […]
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