Barclays Analyst Predicts Billions in Additional Revenue From ‘Facebook Coin’ by 2021

A Barclays analyst stated that a possible “Facebook Coin” could generate $19 billion in additional revenue by 2021. Facebook’s own cryptocurrency, if launched, could potentially generate $19 billion in additional revenue by 2021, CNBC reports on March 11. Barclays internet analyst Ross Sandler wrote in a client note that a cryptocurrency could establish a new […]

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US Crypto Exchange ErisX Hires Former Wells Fargo Executive as Business Developer

ErisX announced that it has hired former Wells Fargo executive Kyle Unterseher as a business development executive. United States-based cryptocurrency exchange ErisX announced that it hired former Wells Fargo executive Kyle Unterseher as a business development executive. The news was reported in a Medium post published by the exchange’s head of marketing on March 5. […]

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Former Goldman Sachs Exec Joins Blockchain-Focused Hedge Fund

MaiCapital, a blockchain-oriented hedge fund, has appointed former Goldman Sachs executive Marco Lim as a managing partner at the company. Former Goldman Sachs executive Marco Lim has reportedly been appointed as a managing partner at Hong Kong-based blockchain and cryptocurrency-focused hedge fund MaiCapital, Finance Magnates reported on Feb. 25. Prior to joining MaiCapital, Lim also […]

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ErisX to CFTC: Regulated ETH Futures Would Result in More Robust, Liquid Market

Chicago-based crypto exchange ErisX has filed a comment letter outlining the benefits of introducing regulated Ethereum futures contracts. Chicago-based crypto exchange ErisX has filed a comment letter with the United States Commodity Futures Trading Commission (CFTC) in response to the agency’s request for feedback on Ethereum (ETH)’s mechanics and market. The letter, submitted on Feb. […]

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Ripple, Mastercard and Barclays Invest in Ripple-Based Remittance Firm SendFriend

Remittance company SendFriend has received a $1.7 million investment from investors including Ripple, Mastercard Foundation, MIT Media Lab and Barclays. Remittance company SendFriend has received investments from Ripple (XRP), the Mastercard Foundation, MIT Media Lab and Barclays in a funding round, according to a press release published on Feb. 11. In the round, the firm […]

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Who Scales It Best? Inside Blockchains’ Ongoing Transactions-Per-Second Race

QtumX protocol can reportedly handle more than 10,000 transaction per second. What about others? Open-source project Qtum representatives claim that their enterprise blockchain dubbed ‘QtumX’ can accommodate “more than 10,000” transactions per second (TPS), according to a press release recently shared with Cointelegraph. With yet another player being added to the scalability race, it makes […]

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Bloomberg: Wall Street Giants Postpone Entering Crypto Industry Amid Falling Prices

Bloomberg’s recent article claims that Wall Street’s “dreams” of crypto businesses are now shelved and “in limbo.” Wall Street giants are postponing their plans to more actively enter the crypto industry as the value of cryptocurrencies has fallen, Bloomberg reports Sunday, Dec. 23. The article begins: “Limbo — that’s where to find Wall Street when […]

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