Setl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. Setl, a Credit Agricole-backed blockchain startup based out of the United Kingdom, has filed for insolvency. The insolvency notice was filed on March 7 with U.K. authorities. Credit Agricole is reportedly the world’s largest cooperative financial institution, headquartered in […]
Continue ReadingBlockFi has launched new cryptocurrency accounts bearing 6 percent annual interest paid monthly in crypto. Crypto wealth management and lending company BlockFi has launched new cryptocurrency accounts supporting Ethereum (ETH) and Bitcoin (BTC) bearing 6 percent annual interest paid monthly in crypto. The company announced the launch through a post published on its website on […]
Continue ReadingGoldman Sachs-backed cryptocurrency startup Circle is reportedly looking to raise $250 million of funding. Goldman Sachs-backed cryptocurrency finance firm Circle is reportedly looking to raise $250 million of funding in a combination of equity and debt. The source of information are claims made by an anonymous person familiar with the company’s plans, as cited in […]
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Gemini, the cryptocurrency exchange founded by the Winklevoss twins, joined the BT Radianz Cloud broker community. Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has joined the British Telecommunications (BT) Radianz Cloud broker community, a BT press release reports on Feb. 27. The Radianz Cloud is described in the press release as “one of […]
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Stablecoins will play a major role in crypto adoption, especially in developing countries, a new study from crypto entrepreneurs shows. Stablecoins will play a key role in mainstream adoption of crypto technologies, according to a report published by California-based stablecoin startup Reserve on Wednesday, Feb. 20. The report, entitled “The State of Stablecoins 2019: Hype […]
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According to Bloomberg, investors turn to staking for gains in the crypto bear market, but there are risks. Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article. Staking, which is […]
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CNBC’s Brian Kelly outlook on crypto in 2019, Bitcoin ETF in 2020, and inevitable recession. This interview has been edited and condensed. The author of the “The Bitcoin Big Bang — How Alternative Currencies Are About to Change the World,” Brian Kelly calls himself an optimist when it comes to the future of the cryptocurrencies. […]
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JPMorgan Chase is launching its own cryptocurrency in a first for U.S. banking. On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations. It is fair to say that move comes […]
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The Enterprise Ethereum Alliance will form a “token task force” in the first half of 2019 to contribute to entreprise tokenization. The Enterprise Ethereum Alliance (EEA), global blockchain community with over 500 members, will launch a “token task force” in 2019, EEA confirmed to Cointelegraph in correspondence on Feb. 13. The executive director of the […]
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Brian Quintenz, a Commissioner at the U.S. CFTC, has argued against the notion that potential price manipulation should be a barrier to the SEC’s approval of a Bitcoin ETF. Brian Quintenz, a Commissioner at the United States Commodity Futures Trading Commission (CFTC), has argued against the Securities and Exchange Commission’s (SEC) grounds for not approving […]
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