Most of the top 20 cryptocurrencies are seeing slight to moderate losses, with Bitcoin hovering over $3,570. Tuesday, Jan. 22 — most of the top 20 cryptocurrencies are seeing slight to moderate losses on the day to press time. Bitcoin’s (BTC) price is still hovering over $3,550, according to Coin360 data. Market visualization from Coin360 At […]
Continue Reading
An executive at ConsenSys stated that the firm did not lay off more than 10 percent of staff amid a more competitive market. Recent layoffs at blockchain software technology company ConsenSys did not exceed 10 percent of staff. The company’s Executive Director of Enterprise and Social Impact Vanessa Grellet spoke to Cointelegraph about the recent […]
Continue Reading
Swiss Falcon Private Bank has introduced direct transfers of crypto and crypto-fiat withdrawals. Switzerland-based Falcon Private Bank has introduced support for direct transfers and storage of select cryptocurrencies, according to an official press release published on Jan. 21. The bank announced that both private and institutional investors can now directly transfer a selection of major […]
Continue Reading
According to research conducted by the Bank for International Settlements, Bitcoin’s problems are only solvable by departing from proof-of-work. Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21. According to the paper, when in the future Bitcoin’s […]
Continue Reading
Crypto hardware wallet developer Tangem says newly raised funds will go towards increasing penetration in industries such as transport and loyalty. Switzerland-based Cryptocurrency ‘smart card’ wallet manufacturer Tangem has secured $15 million in funding from Japanese finance giant SBI Group, the company confirmed in a press release Jan. 21. Tangem, which began issuing its first […]
Continue ReadingKelly also predicted that the world will soon see a financial crisis, which will open a window of opportunity for crypto and allow it to become a real alternative to fiat. Crypto entrepreneur and regular contributor to CNBC, Brian Kelly, claimed that there is no chance for a Bitcoin (BTC) exchange-traded fund (ETF) approval in […]
Continue ReadingMalaysia has given cryptocurrencies the regulatory green light — but they have to adhere to securities laws and will be governed as such. Cryptocurrency exchanges and blockchain-based companies in Malaysia face some testing times following regulatory changes in the country. As of Tuesday, Jan. 15, new regulations governing cryptocurrencies have come into effect in Malaysia. […]
Continue ReadingSwitzerland-based crypto exchange ShapeShift reports seeing a 175 percent increase in law enforcement agency requests in the second half of 2018. Law enforcement requests sent to Switzerland-based cryptocurrency exchange ShapeShift rose 175 percent in the second half of 2018, according to a new Compliance Transparency report published by the exchange Jan. 18. In a blog […]
Continue ReadingSterling Witzke, partner at Winklevoss Capital, says she doesn’t think 2019 will be the watershed year for institutional investors to get into crypto. Sterling Witzke, partner at the Winklevoss twins’ family office Winklevoss Capital, says she doesn’t think 2019 will be the watershed year for institutional investors to get into crypto. Witzke backed her claim […]
Continue ReadingMajor U.S. universities including MIT, Stanford and UC Berkeley have teamed up to fund a new digital currency. A group of researchers from top United States universities have announced the launch of a “globally scalable decentralized payments network,” according to a press release published today, Jan. 17. The development of the cryptocurrency, dubbed “Unit-e,” is […]
Continue Reading