Western Union claims company is technologically “ready to adopt any kind of currency,” including crypto. The president of Western Union Global Money Transfer has claimed the company is “ready to adopt any kind of currency,” potentially including cryptocurrencies, in an interview with Reuters Plus, Dec. 17. Odilon Almeida stated there is no big difference between […]
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Getting covered by insurers is a major issue for crypto players “despite their best efforts,” Big Four auditor PwC has said. Cryptocurrency businesses find it “almost impossible” to get insurance and this is deterring investors, Big Four auditor PricewaterhouseCoopers (PwC) told Reuters Dec. 20. In comments focusing on the global fintech market, Henri Arslanian — […]
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sponsored A Sydney-based startup has launched a crypto card which can be used at ATMs and payment terminals across Australia. Finding easy ways to spend cryptocurrency can be nothing short of a nightmare — and even when you discover a platform where your digital assets can be used for purchasing everyday goods and services, you’re […]
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Major cryptocurrency exchange OKEx has launched a new crypto derivative product called “Perpetual Swap.” Malta-based major cryptocurrency exchange OKEx has launched a new crypto derivative product, according to a press release shared with Cointelegraph, Dec.19. As Cointelegraph reported at the beginning of the month, the new product, dubbed Perpetual Swap, is a virtual derivative that […]
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Crypto markets are seeing their fifth day of green, with Bitcoin breaking back above $4,000. Thursday, Dec. 20 — crypto markets are seeing their fifth day of green, with virtually all of the top 20 cryptocurrencies showing a strong burst of growth, as data from Coin360 shows. Market visualization by Coin360 In terms of 24-hour […]
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Binance crypto exchange CEO Changpeng Zhao said that 2018 is a “correction year” for cryptocurrencies. Changpeng Zhao called 2018 a “correction year” for crypto currencies while expressing optimism for the future of the crypto industry during a Bloomberg interview published on Dec. 19. Zhao spoke in reference to the bear market plaguing traders this year, […]
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Chainalysis has found that only 37 percent of Bitcoin addresses are “economically relevant.” Only 37 percent of Bitcoin (BTC) addresses in its network are “economically relevant,” according to a report released by research firm Chainalysis on Dec. 19. To date the Bitcoin blockchain forms a network of 460 million addresses, which can send and receive […]
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Radeon RX580, a GPU widely used both by miners and gamers, is now being sold for $180, a price drop of over 67 percent since February. AMD’s popular Radeon RX580 graphics processing unit (GPU), which has been widely used by crypto miners, is now being sold for $179.99, gaming magazine PC Gamer reported on Thursday, […]
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Major U.S. crypto exchange Coinbase has withdrawn its application to trademark the term “BUIDL,” following criticism on Twitter. Major United States-based cryptocurrency exchange and wallet service Coinbase has withdrawn its application to trademark the term “BUIDL.” The official status of the application was changed to “abandoned” on Wednesday, Dec. 19, according to the U.S. Patent […]
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Crypto exchange Bithumb has denied accusations of faking trade volumes since late summer 2018. South Korea-based cryptocurrency exchange Bithumb has denied allegations of faking trade volume, Forbes reported on Dec. 19. Cryptocurrency exchange ratings and analytics service CER has accused Bithumb of faking up to 94 percent of its trade volume since the late summer […]
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