GMO says its new coin will be focused on remittances, praising the success of the stablecoin market. Japanese internet conglomerate GMO Internet Co. Ltd confirmed plans to release a cryptographic stablecoin Tuesday, Oct. 9, pegged to the Japanese yen. GMO, which entered the Japanese cryptocurrency exchange market in May last year, intends to begin issuing […]
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U.K .digital currency exchange Coinfloor is reportedly laying off the greater part of its staff amid a “business restructure.” British cryptocurrency exchange Coinfloor is laying off the majority of its staff, news outlet Financial News reported Oct. 8. Coinfloor is a London-based digital currency trading platform founded in 2013. Coinfloor is reportedly the oldest crypto […]
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A recent analysis from Diar shows that U.S. dollar volumes on Coinbase in the third quarter of 2018 were the lowest in over the year. In the third quarter of 2018, San Francisco-based cryptocurrency exchange Coinbase’s U.S. dollar volumes hit a 1-year low, according to a recent analysis of Diar published October 8. According to […]
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The European securities watchdog is studying ICOs to see how it fits into existing regulation, as well as their impact on competition in the capital raising sector. The European Securities and Markets Authority (ESMA) has announced it is examining Initial Coin Offerings (ICOs) to determine how they should be regulated, Reuters reported Oct. 8. The […]
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The British telecoms regulator has received a £700,000 grant to explore blockchain applications for better telephone number management. The United Kingdom (U.K.) Office of Communications (Ofcom) has received a £700,000 ($916,00) grant from the Department of Business, Energy and Industrial Strategy (BEIS) to explore blockchain technology, according to an announcement published Oct. 8. The grant […]
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The Ukrainian Ministry of Finance has formed a working group to develop the country’s crypto taxation regime by the end of 2018. The Ukrainian Ministry of Finance is creating a working group to discuss and develop a legal framework for crypto taxation, according to an Oct. 8 announcement on the ministry’s official website. The group […]
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With major events coming for the crypto industry in October and November, do the charts confirm that the market has bottomed out? 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 […]
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Following a $45 million fund raising round, Oasis Labs releases its blockchain startup hub to assist developers and investors in building DApps. Blockchain cloud computing platform Oasis Labs announced a partnership with major names in crypto and venture capital to launch a blockchain tech hub called the Oasis Startup Hub, the firm announced at San […]
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Markets have taken a near-unanimous upturn, even as onlookers have been pointing to a period of uncharacteristically stable price action in the crypto sphere. Monday, Oct. 8: markets have taken a near-unanimous upturn, even as onlookers have been pointing to a period of uncharacteristically stable price action in the crypto sphere. Virtually all the top […]
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CNBC’s Cryptotrader host Ran Neuner says it is “too obvious” that Bitcoin “is about to explode” soon, evidently due to the SEC’s much-anticipated ETF decision. Crypto analyst and host of CNBC’s show Cryptotrader Ran Neuner has claimed that the price of Bitcoin (BTC) is “about to explode” in a recent tweet October 7. Neuner expressed […]
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