Financial services firm Jefferies’ recent survey indicates that American users will hardly use Facebook’s forthcoming stablecoin Libra due to a lack of trust. Financial services firm Jefferies’ recent survey indicates that American users will hardly use Facebook’s forthcoming stablecoin Libra due to a lack of trust, The Block reported on July 1 In the survey, […]
Continue Reading
The partially recognized Republic of Abkhazia is planning to build a large cryptocurrency mining farm, according to President Raul Khadjimba. The partially recognized Republic of Abkhazia is planning to build a large cryptocurrency mining farm, the President Raul Khadjimba claimed in an interview with news outlet RiaFAN, published on July 2. When asked if Abkhazia’s […]
Continue Reading
BAM Trading Services, the operator of Binance US, has appointed a former Ripple exec as CEO to oversee the launch of the platform. The operator of United States-based division of Binance crypto exchange has appointed former Ripple exec as its new CEO, the company officially announced on July 2. BAM Trading Services (BAM), the operator […]
Continue Reading
The Financial Conduct Authority is planning a ban on crypto derivative products for retail investors. British financial watchdog, the Financial Conduct Authority (FCA), is preparing a potential ban on the sale of crypto derivatives to retail investors, according to an official document released on July 1. In the document, titled “Restricting contract for difference products […]
Continue Reading
Most of the top 20 cryptocurrencies are reporting moderate losses on the day as Bitcoin hovers over the $10,600 mark again. Tuesday, July 2 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) hovers over the $10,600 mark again. Market visualization courtesy of Coin360 […]
Continue Reading
Why IBM’s blockchain can’t be called a blockchain in the strict sense of the word. Stuart Popejoy has 15 years experience in building trading systems and exchange backbones for the financial industry. Prior to сo-founding Kadena in 2016 with Will Martino, Stuart worked at JPMorgan Chase in the new products division, where he led and […]
Continue Reading
London-based crypto asset management firm Prime Factor Capital has obtained a license from the FCA to operate as a full-scope Alternative Investment Fund Manager. London-based crypto asset management firm Prime Factor Capital has obtained a license from the Financial Conduct Authority (FCA) to operate as a full-scope Alternative Investment Fund Manager (AIFM). The development was […]
Continue Reading
Cryptocurrency exchange Bitfinex announced that it repaid $100 million of outstanding loan facility to stablecoin operator Tether. Cryptocurrency exchange Bitfinex announced that it repaid $100 million of outstanding loan facility to stablecoin operator Tether in a post on its official blog on July 2. Per the announcement, Bitfinex made the repayment via wire transfer to […]
Continue Reading
IOTA Foundations releases Trinity, a software wallet for IOTA tokens. The IOTA Foundation has launched the Trinity wallet, as the organization announced in a press release on July 2. The announcement advertises the Trinity wallet as an improve to both ease-of-use and security for users conducting transactions in IOTA, with the purported goal of appealing […]
Continue Reading
Maritime shipping firms Ocean Network Express and Hapag-Lloyd join blockchain tracking platform TradeLens. Maritime shipping firms Ocean Network Express and Hapag-Lloyd have joined blockchain tracking platform TradeLens, financial news outlet The Wall Street Journal reports on July 2. The Japan-based Ocean Network Express and Germany-based Hapag-Lloyd will join the TradeLens platform launched by Danish logistics […]
Continue Reading