Fears of recession. Political uncertainty. Hyperinflation. What are the chances and challenges for crypto and blockchain during the current economic turmoil? Everywhere you look these days, there’s turbulence in the economy. A bitter trade war is seeing the United States and China slap ever-increasing tariffs on goods on a tit-for-tat basis. Over in the United […]
Continue Reading
BitMEX CEO and co-founder Arthur Hayes says traditional traders could lose their lunch breaks and weekends once digital finance starts to change the face of markets. BitMEX CEO and co-founder Arthur Hayes says traditional traders may lose their lunch breaks and weekends as digital finance is going to change everything, including workplaces. Cryptocurrencies trade 24 […]
Continue Reading
Head of the Kyrgyz National Energy Holding said that crypto mining is not defined under local law. Authorities of Kyrgyzstan cut off power to 45 crypto mining firms as they consumed more energy than three local regions combined. Following the power cut, the head of the National Energy Holding Aitmamat Nazarov stated that the cryptocurrency […]
Continue Reading
Online payments processor Stripe has raised another $250 million in funding round that saw its valuation rise to a whopping $35 billion. Online payments processor Stripe announced that it has raised another $250 million in a new funding round, which pushes its pre-money valuation to a whopping $35 billion. $250 million to expand its global […]
Continue Reading
Patrick Byrne, who resigned as CEO of Overstock last month, has sold his 13% stake in the firm for $90 million to move to gold and crypto trading. Former Overstock CEO Patrick Byrne has sold his 13% stake in the firm for $90 million to move to gold and crypto trading. Byrne sells his entire […]
Continue Reading
Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing the Libra stablecoin project. Facebook reportedly met British authorities and regulatory officials three times prior to publicly announcing plans for the Libra stablecoin project. As Reuters reported on Sept. 18, this spring Facebook had several appointments with officials at Britain’s finance […]
Continue Reading
Emergency cash injection is the first since the 2008 financial crisis, which spawned Bitcoin’s success. Bitcoin (BTC) could soon shoot to $20,000 as a result of emergency measures from the United States Federal Reserve, also known as The Fed, one of the industry’s biggest firms has said. Fed echoes 2008 crisis moves In a tweet […]
Continue Reading
NEO is piloting the NEO3 with the Preview1 build to introduce its developer communities to major updates in the coming network. NEO is launching the NEO3 Preview1 on a pilot testing network today, intending to introduce its developer communities to major updates in NEO3. First NEO3 TestNet On Sept. 17, in a press release shared […]
Continue Reading
Blockchain-based freelance platform Opolis receives MakerDAO developer grant to give its freelancers the choice to pay and be paid in DAI. Blockchain-based employment platform Opolis has announced that it received a developer grant from MakerDAO, the creator of stablecoin DAI. MakerDAO will bring DAI payment integrations to Opolis On Sept. 17, in a press release […]
Continue Reading
Steve Schwarzman, one of the world’s richest people, likes blockchain but thinks that applying it to money creation is odd. Blackstone CEO Steve Schwarzman, one of the world’s richest people, likes blockchain but thinks that applying it to money is odd. “Someone needs to control currencies” In a Fortune interview on Sept. 17, Schwarzman expressed […]
Continue Reading