The CEO of analytics and risk management company Blockchain Intelligence Group says opportunistic investors have not taken away from Bitcoin’s future viability. The 2018 cryptocurrency price decline is a result of investors’ “lack of education,” the CEO of Canadian firm Blockchain Intelligence Group (BIG) said in an interview published in German economics news outlet Finanzen.de […]
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“Big Four” auditor Ernst & Young will hire 2,000 employees in India to expand its digital solution services, including in blockchain. “Big Four” auditor Ernst & Young (EY) will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. The news was first reported by […]
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Chief Commercial Officer of global crypto payment processor BitPay, Sonny Singh, has ventured that Bitcoin could hit $15,000 to $20,000 by the end of 2019. The Chief Commercial Officer (COO) of global crypto payment processor BitPay has ventured that Bitcoin (BTC) will hit $15,000 to $20,000 by the end of 2019. The COO, Sonny Singh, […]
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Chinese crypto miners are reportedly selling their mining equipment “by kilo,” as they have reached the “shutdown price” amidst the recent market crash. Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with […]
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Norway has struck a blow to its domestic crypto mining industry by acting to end electricity subsidies for BTC mining facilities. Norway has acting to end electricity subsidies for Bitcoin (BTC) mining facilities, Norway’s largest printed newspaper Aftenposten reported Nov. 21. Until now, mining farms — in keeping with other power-intensive industries — paid a […]
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Industry experts weigh in on the leading factors behind a massive slump in the cryptocurrency markets. Over the last 10 days the cryptocurrency markets have endured a massive sell-off across the board. There are a number of reasons that have led to the highly bearish sentiments on the market but seeing red has been difficult […]
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After a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptos seeing only mild losses. Thursday, Nov. 22: after a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptocurrencies seeing only mild losses capped beneath a 3 percent range. […]
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sponsored A monetary system that has created digital currencies backed by gold and silver has struck partnerships with exchanges and retailers who are interested in its product. An “evolutionary” monetary system that uses physical gold and silver as the basis for digital currencies has unveiled a series of partnerships as it works to increase participation […]
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Singapore’s state investment firm Temasek invested in enterprise blockchain software firm and global banking consortium R3 Singapore’s state investment firm Temasek Holdings Pte has invested in enterprise blockchain software firm and global banking consortium R3, according to a Bloomberg report Nov. 22. Temasek is a Singapore government-owned investment company, which has reported its Asia-focused portfolio […]
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Fisco will now be in charge of refunding users from Japanese crypto exchange Zaif’s hack, which should begin this month. Tech Bureau, the company that formerly operated hacked Japanese cryptocurrency exchange Zaif, has completed its handover to buyer Fisco Cryptocurrency Exchange (FCCE), Cointelegraph Japan reported Nov. 22. FCCE, which agreed to take over proceedings in […]
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