From Stablecoins to Blockchain Trials: Japanese Players Are Going Crypto as the Local Government Is Overseeing the Market

Last month was particularly eventful for the Japanese crypto ecosystem. The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in […]

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Unconfirmed: Goldman Sachs-Backed Crypto Payments Startup Circle Seeks $250M in Funding

Goldman Sachs-backed cryptocurrency startup Circle is reportedly looking to raise $250 million of funding. Goldman Sachs-backed cryptocurrency finance firm Circle is reportedly looking to raise $250 million of funding in a combination of equity and debt. The source of information are claims made by an anonymous person familiar with the company’s plans, as cited in […]

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Crypto Winter Survivor: Inside Nvidia’s Difficult Relationship With Mining

U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018. On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components. The firm’s main products include graphics processing units […]

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Mt. Gox Trustee May Have Crashed Bitcoin in 2018 by Dumping It on an Exchange, but There is Still Hope

Mt. Gox may have crashed the Bitcoin price in 2018 by dumping $321 million on an exchange. The now-defunct cryptocurrency exchange Mt. Gox reportedly liquidated around $312 million worth of Bitcoin (BTC) throughout February and June of 2018 through a Japanese exchange called BitPoint. GoxDox, an organization that was established to assist Mt. Gox creditors, […]

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Major Crypto Exchanges Launch OTC Desks Despite the Crypto Winter

The world’s biggest crypto exchanges are launching OTC desks for institutional investors. Institutional investment is increasingly being seen as the future of crypto trading, with both Binance and Bittrex launching their own dedicated over-the-counter (OTC) desks in January. The desk launches come after Morgan Stanley published a bullish report in November, showing a strong pattern of institutional investment […]

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Malta’s Regulatory Framework Has Attracted Crypto Players, but International Watchdogs and Local Opposition Are Skeptical

The International Monetary Fund claimed that the growth of blockchain in Malta has created major risks of money laundering. Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media. Malta is […]

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