There is little evidence of practical scalable use for blockchain technology, according to a post published by consulting firm McKinsey. Major financial consulting company McKinsey & Company believes that there is little evidence of practical use for blockchain, according to an official post published on Jan. 4. McKinsey was founded in 1926 and has a […]
Continue ReadingThe founder of Romanian cryptocurrency exchange Coinflux will reportedly be extradited to the United States. Nistor Vlad Călin, the founder of Romanian crypto exchange Coinflux, will be extradited to the United States, local media company Mediafax reports Jan. 4. As Cointelegraph reported in December, Călin was arrested earlier on a warrant from the U.S. for […]
Continue ReadingNaysayers continue to believe that Bitcoin is a scam and can neither become a currency nor act as a store of value. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own […]
Continue ReadingMorgan Stanley isn’t the only bank to have been fined recently for Anti-Money Laundering non-compliance. In 2018, barely a month passed without an official at a financial institution or government department calling on crypto to clean up its act. In the last quarter of the year alone, the United States Department of the Treasury, the […]
Continue ReadingThe American Economic Association’s annual meeting will see authors of four academic papers on crypto announce their findings. The American Economic Association (AEA) will host four dedicated presentations of cryptocurrency and blockchain research today, Jan. 4, as part of its ongoing annual meeting. The session, dubbed ‘Blockchain and Tokenomics,’ will cover four academic papers from […]
Continue ReadingAll major cryptocurrencies are seeing some further corrections today, Bitcoin hovers around $3,800. Friday, Jan. 3 — after crypto markets tipped back into red yesterday, most cryptocurrencies are today seeing some further corrections. All of the top twenty coins by market cap are seeing tempered losses on the day, as data from CoinMarketCap shows. Top […]
Continue ReadingCrypto finance firm Circle reported a notional trade volume of $24 billion in 2018 at its over-the-counter trading desk. The over-the-counter (OTC) trading desk at cryptocurrency finance firm Circle had a notional volume of $24 billion in 2018, according to an official Medium blog post on Jan. 3. Per the statement, Circle executed 10,000 […]
Continue ReadingBitcoin ATM producer Lamassu has moved to the Swiss canton of Lucerne due to regulatory difficulties in other countries. Bitcoin (BTC) automated teller machine (ATM) manufacturer Lamassu has moved to Switzerland due to regulatory difficulties in other countries, according to a blog post published Jan. 1. Lamassu — now called Lamassu Industries AG — has […]
Continue ReadingCryptocurrency exchange OKEx has added perpetual swap contracts for 7 additional crypto assets, in addition to BTC/USD. Major cryptocurrency exchange OKEx has added multiple new crypto derivative pairs to its platform, according to a press release shared with Cointelegraph Jan. 3. As Cointelegraph reported in late December, the exchange first launched a derivative product called […]
Continue ReadingThe Proof of Keys event on Jan. 3 is essentially a bank run on centralized exchanges, which aims to reassert holder control over their crypto assets. The “Proof of Keys” event aimed against centralized exchanges is happening today, Jan. 3, spearheaded by Bitcoin (BTC) investor Trace Mayer. The Proof of Keys event is essentially a […]
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