The CEO of an Indian crypto and blockchain research company estimates that the country will lose out on almost $13 billion with a ban on crypto. Sidharth Sogani, the CEO of crypto and blockchain research firm Crebaco Global Inc, believes that India will lose around $12.9 billion worth of market if cryptocurrency is banned in […]
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Allianz Global Corporate & Specialty SE is developing a blockchain-based ecosystem to facilitate cross-border insurance payments for its corporate customers. German financial services giant Allianz Global Corporate & Specialty SE (AGCS) is developing a blockchain-based ecosystem to facilitate cross-border insurance payments for its corporate customers. Experimentations with blockchain technology Allianz is working on a token-based […]
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The crypto market is mostly in the red, although losses appear to be relatively minimal. Thursday, Aug. 8 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are all seeing minor losses at press time. Market visualization. Source: Coin360 Bitcoin is trading a little over $11,700 with a 0.2% loss on the day. The top […]
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Bitholic has changed its name to Bithumb Singapore, indicating a shakeup or new partnership with South Korean exchange Bithumb. Singapore-based cryptocurrency exchange Bitholic has changed its name to Bithumb Singapore this month. Bithumb, for its part, is known as a cryptocurrency exchange based in South Korea. Local media News1 Korea shared the announcement in a […]
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Coinbase Custody Trust Company has appointed Richard Neiman and Robert Easton to its Board of Directors, who previously held various leadership positions in the New York State financial regulatory system. Coinbase Custody Trust Company has appointed two new members, previously of the New York State Banking Department and the New York Department of Financial Services, […]
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The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange’s cryptocurrency reference rates. The Winklevoss twins’ Gemini platform is being added as a constituent exchange for the Chicago Mercantile Exchange (CME Group)’s cryptocurrency reference rates. As revealed in an official tweet from CME Group on Aug. 8, Gemini […]
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Digital asset lender DrawBridge Lending announced that it received funding from cryptocurrency commercial bank Galaxy Digital. Digital asset lender DrawBridge Lending (DBL) announced that it received funding from cryptocurrency commercial bank Galaxy Digital. A fiat-crypto lending and investing service DrawBridge announced in a press release published on Aug. 8 that it received funding from Galaxy […]
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Live Planet says the company is launching an application based on blockchain tech, a virtual reality service for blockchain content creation. Media company Live Planet has announced plans to imminently launch a blockchain-based virtual reality network — the Blockchain Virtual Reality (VR) Network — that will be used to host crypto and other blockchain-related content. […]
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A subsidiary of U.S.-based stock and crypto trading app Robinhood received FCA approval to operate as a broker in the U.K. A subsidiary of United States-based stock and crypto trading app Robinhood has been approved to operate as a broker in the United Kingdom. Robinhood approved to operate as a broker in the UK Robinhood […]
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Multiple hints are converging to suggest that the trajectory of Bitcoin price in the short-term is up, not down. Bitcoin (BTC) price was heading back towards $12,000 Aug. 8 as the largest cryptocurrency remains a firm buy, even at higher price levels. Market visualization. Source: Coin360 Bitcoin price bulls forecast further growth Data from Coin360 […]
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