The service is the first of its kind locally, the company says, and utilizes U.K.-based insurance solutions. Hong Kong trading and asset management firm Branding China Group (BC Group) is launching an insured custody service for cryptocurrencies, the company confirmed in a press release shared with Cointelegraph on April 1. BC Group, which owns a […]
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Major Swiss stock exchange SIX listed a Ripple-based Exchange Traded Product dubbed Amun Ripple XRP (AXRP). According to its official website, Switzerland’s principal stock exchange, SIX, has listed a Ripple (XRP)-based Exchange Traded Product (ETP) today, April 2. As Cointelegraph reported in March, the exchange had already confirmed that it was planning to list the […]
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The venture capital firm has noted fluctuated conditions over the past three years in the crypto and blockchain industry. United States blockchain and cryptocurrency-focused venture capital company Digital Currency Group (DCG) has made almost 130 investments in the industry to date, the firm revealed in a blog post on April 1. Summarizing its performance since […]
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Bitcoin briefly hits $4,800, stays at $4,600, while other top coins are all in the green amid a significant markets uprising. Tuesday, April 2 — Bitcoin (BTC) has pushed over $4,500 for the first time this year, while top crypto markets are solidly in the green for the second day in a row, some seeing […]
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China is reportedly leading the world in the number of blockchain-related projects currently under development. China is reportedly leading the world in the number of blockchain projects currently underway in the country, Chinese English-language news daily China.org.cn reports on April 2. Citing a report by Blockdata, China.org.cn states that there are 263 blockchain-related projects in […]
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Estonian crypto exchange Bibox is launching a blockchain project incubator dubbed Bibox Orbit. Leading cryptocurrency exchange Bibox is launching an incubator for blockchain projects called Bibox Orbit, according to an announcement published on March 30. Estonia-based Bibox — the ninth largest cryptocurrency exchange in terms of adjusted trading volume — has revealed that it is […]
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What are the United States tax reporting obligations for those who held, donated or sold/exchanged crypto. Last year was a bear market for cryptocurrencies. Many investors who did not know how to hedge their cryptocurrency investments saw these investments lose value from the market highs of 2017. Facing the deadline to report their taxes by […]
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Coinbase customers can now transfer funds to any user with a Coinbase account around the world. American major cryptocurrency exchange Coinbase has expanded into cross-border payments. Coinbase revealed the development in a recent announcement. Coinbase customers can now transfer funds to any user with a Coinbase account around the world using Ripple (XRP) and the […]
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The fintech industry in Switzerland continues to grow dynamically, while traditional financial institutions are reporting a decline. A new study shows that the fintech sector in Switzerland continues to grow, while traditional financial institutions are stagnating. The report was published by SwissBanking on April 1. The report dubbed “IFZ FinTech Study 2019” was prepared by […]
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The Tether stablecoin’s daily transaction volume hit an all-time high. Tether (USDT), the most used fiat-pegged stablecoin, has hit an all-time high by the number of daily transactions, according to blockchain data provider Coin Metrics. On March 31, the amount of Tether transactions hit a high of 38,150, representing a new milestone in the adoption […]
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