Swiss-Based Asset Management Firm to Introduce Metals-Backed Cryptocurrency

Swiss commodities management company Tiberius Group AG is going to introduce a digital currency backed by metals. Switzerland-based asset management company Tiberius Group AG is going to introduce a cryptocurrency backed by metals, Bloomberg reported September 27. Founded in 2005 as a commodities asset management firm, Tiberius Group manages around $350 million in assets. The […]

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US SEC Files Charges Against Bitcoin-Backed Securities Dealer

The U.S. SEC has filed charges against Marshall Islands-based corporation 1pool Ltd. for violating federal securities laws. The U.S. Securities and Exchange Commission (SEC) has filed charges against international securities dealer 1pool Ltd., which was offering Bitcoin-funded security-based swaps, according to an SEC announcement published September 27. Per the SEC, the case involves the Marshall […]

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Crypto Markets Continue Rise With Market Cap Reaching Over $220 Billion

Crypto markets see sharp growth within a few hours, following a slight stagnation over the day, BTC tested $6,700 support. Thursday, September 27: crypto markets continue to rise as the crypto and blockchain industry is seeing some support from governmental and institutional entities. Following a sell-off that started on September 24, crypto markets are seeing […]

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Gold-Based Monetary System to Bring Price Stability to Crypto, Preventing Value Decrease

sponsored A company offers digital currencies based 1:1 on allocated physical gold and silver. The ownership of the gold is digitized with blockchain technology. Gold-based monetary system Kinesis aims to bring price stability to the world of cryptocurrency and to prevent the decrease of its value. The company says it has already attracted interest from […]

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Coinbase Introduces ‘Coinbase Bundle’ Designed to Simplify Crypto Trading

Coinbase has introduced a new tool called “Coinbase Bundles,” which aims to simplify the trading process for new traders. Cryptocurrency exchange and wallet service Coinbase has rolled out a new update called “Coinbase Bundles,” which is designed to simplify cryptocurrency trading, according to an announcement published September 27. Coinbase Bundles is a basket of five […]

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Why the Crypto Market Will Likely Rally by the End of 2018: Experts Discuss

Experts see the crypto market recovering by the end of 2018, with Bitcoin achieving $10,000. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Historically, over the past nine years, Bitcoin (BTC) has experienced four major corrections, all […]

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Goldman Sachs Leads $25 Million Funding Round for Blockchain Payments Startup Veem

Goldman Sachs has led a $25 million strategic funding round for blockchain startup Veem. U.S.-based banking giant Goldman Sachs has led a $25 million strategic funding round for blockchain payments startup Veem, with participation also confirmed to Cointelegraph from Silicon Valley Bank on September 27. Veem, which utilizes digital ledger technology to increase the efficiency […]

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Colombian Draft Bill on Crypto Called ‘Inconsistent,’ Criticized by Local Industry

Experts conclude in a joint report that Colombia’s draft bill on crypto regulation has “inconsistencies and weaknesses.” A draft bill on crypto regulation presented to Colombia’s Congress has been heavily criticized by the local tech sector, Colombian financial journal Dinero reports Tuesday, September 24. The draft was introduced in late July by senator Carlos Abraham […]

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Ripple Announces $105 Million Charity Venture for Education, Financial Inclusion Projects

Ripple is launching a formal social impact program that will invest a total of $105 million in projects focused on education and financial inclusion. Ripple is launching a formal social impact program, dubbed “Ripple for Good,” according to a press release published September 27. The initiative will pool $25 million from the firm together with […]

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