The crypto lender says bitcoin has continued to represent the lion’s share of its loan portfolio, but demand for ethereum has halved. Cryptocurrency lender Genesis processed $425 million in loans over the first quarter of 2019, according to a report released on April 25. The company’s Q1 Digital Asset Lending Snapshot revealed bitcoin (BTC) continues […]
Continue Reading
Representatives from Galaxy Digital, Coinbase and Binance were among those said to have attended January’s talks. More than 20 of the crypto market’s biggest traders gathered in January for talks on making digital assets and tokens part of the global financial architecture, according to a Bloomberg report published on April 25. The meeting was reportedly […]
Continue Reading
BSV has been on the periphery of crypto news this week. Bitcoin SV (BSV) — the altcoin that emerged during the bitcoin cash (BCH) hard fork last November and which took the moniker “Satoshi’s vision” — has been on the periphery of crypto news this week. BSV is famously backed by Craig Wright, an Australian […]
Continue Reading
Thailand is opening up to crypto, operating an ICO portal and considering the possibility of regulating security tokens. Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to startups. On Dec. 1, 2018, however, Cointelegraph reported that the […]
Continue Reading
The Bank of Russia believes that CBDCs can reduce transaction costs in the economy and provide an asset that is less risky. The central bank of Russia has reviewed the potential benefits and drawbacks of central bank digital currencies (CBDC) in a policy brief published on April 18. In the document, entitled “Is there a […]
Continue Reading
sponsored A global crypto platform has launched a leveraged bitcoin CFD, enabling traders to speculate on the asset’s price movements against the Japanese yen and U.S. dollar. A platform has launched a leveraged bitcoin contract-for-difference (CFD) product, enabling traders to speculate on the cryptocurrency’s price movements against the Japanese yen and United States dollar. Liquid […]
Continue Reading
South Korean crypto exchange Coinnest has begun to terminate its services as of April 16, stating it has struggled to cope with changes in the crypto and blockchain industry. South Korean crypto exchange Coinnest has begun to terminate its services as of April 16, according to a pop-up announcement on the platform’s official website. Notification […]
Continue Reading
94% of endowments have been allocating to crypto-related investments throughout 2018, a new survey reveals. 94% of endowments have been allocating to crypto-related investments throughout 2018, a new survey published on April 12 reveals. The study was conducted in Q4 2018 by trade publications Global Custodian and The Trade Crypto, in partnership with blockchain security […]
Continue Reading
Lagos has an interest in crypto, but adoption is slow, with many only considering Bitcoin as an alternative means of receiving foreign payments. Data from Google Trends shows that Lagos, Nigeria ranks as the number one city based on the volume of online searches for Bitcoin (BTC). While this data may indicate a high level […]
Continue Reading
Gibraltar Stock Exchange has launched listings of blockchain-powered securities on the GSX Global Market. The Gibraltar Stock Exchange (GSX) is launching listings of blockchain-powered securities on its practical listing venue GSX Global Market, the firm announced on April 9. Today, the GSX starts listing a number of new products known as digital, smart or tokenized […]
Continue Reading