Global oil operators can save at least 30% by using blockchain, CEO of blockchain startup Data Gumbo said. Global oil operators can save at least 30% by using blockchain in their infrastructure, according to data by blockchain startup Data Gumbo. Andrew Bruce, CEO of American blockchain startup Data Gumbo, discussed blockchain-powered automated contract execution in […]
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The price of bitcoin has dropped below $10,000 in a sharp pullback. Analysts discuss where the market is headling and the factors of the drop. Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges including Coinbase, recording a 26.6 percent drop within a period of seven […]
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Two subsidiaries of cryptocurrency derivatives firm Seed CX have received Bitlicenses from the New York State Department of Financial Services. New York state financial regulators have issued virtual currency licenses to two subsidiaries of crypto derivatives firm Seed CX: Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC. In a press release published on […]
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An Oxford scholar, Supreme Court Justice’s clerk and an international financial regulator: Meet the new CFTC Chairman… July 15 will mark the first day in the office for the United States Commodity Futures Trading Commission’s (CFTC) new chairman, Heath Tarbert. As the crypto community is bidding farewell to the regulator’s outgoing head, J. Christopher Giancarlo, […]
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From mitigating risks to gaining on price difference: A multifaceted world of financial derivatives and their application in crypto, reviewed. Are there any downsides of trading crypto derivatives? All trading strategies related to price fluctuations imply a certain level of risk, especially combined with the lack of relevant regulation for the crypto derivatives sector. When […]
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A large number of Gulf nations are embracing crypto with open arms as Ethereum explores partnership opportunities… While we often get to hear about how cryptocurrency adoption is rapidly gaining ground in the West, a number of countries across the Middle East — such as Bahrain, the United Arab Emirates and Saudi Arabia — often […]
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The office of the New York Attorney General has filed a memorandum arguing that its case against Bitfinex and Tether should proceed. The office of the New York Attorney General (OAG) has claimed that crypto exchange Bitfinex and stablecoin firm Tether have been operating in New York into 2019, according to official documents filed in […]
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The food industry is becoming one of the most inclusive destinations for blockchain. As blockchain continues to push for mass adoption, the food and beverage industry is shaping up to be one of the most inclusive destinations for the technology: Just over the past few months, a variety of players — including juggernauts like Nestlé, […]
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New York-based Gemini exchange adds a Chicago office in a move to extend engineering expertise for the platform. Winklevoss brothers-led Gemini crypto exchange is launching a new office in Chicago, the firm officially announced on June 27. Headquartered in New York, Gemini adds its new Chicago office to their existing office in Portland, Oregon, Gemini […]
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CoinMarketCap and major crypto exchanges are pushing to improve liquidity, strengthening the long-term growth trend of the sector. In May, crypto market data provider CoinMarketCap requested all exchanges in the global exchange market disclose accurate data in a move to improve transparency of the information displayed on the platform. CoinMarketCap declared an ultimatum to all […]
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