Wall Street Still Throwing Billions At Bitcoin, But There’s Still A Ways To Go

Since Bitcoin volumes began to dissipate in late-2018, which came alongside price plunges, the crypto’s curious investors have sought to determine where the money has fled. For the longest time, it was assumed that over-the-counter (OTC) desks picked up where spot exchanges, namely Bitfinex and Coinbase, were slacking. Yet, a recent company update from Circle has touted […]

Chinese State Bank Uses Blockchain to Issue Digital Mortgages Worth $1.3 Billion

Chinese State Bank

The Chinese state-owned Bank of Communications (BoCom) has successfully issued $1.3 billion of residential mortgage-backed securities (RMBS) using blockchain technology, national securities outlet China Securities Times writes Wednesday, September 27. BoCom — the fifth largest bank in China according to S&P Global recent stats — used an independently developed platform called Juicai Chain to issue […]

Singapore Central Bank Refutes Fake Articles

Singapore

Singapore’s de facto central bank issued two warnings over two fake news websites Tuesday, September 18, after articles were published with “fabricated comments” about crypto from Chairman and Deputy Prime Minister Tharman Shanmugaratnam. The sites, Gulf Weed Crab and Positive Bath Hour, which feature hoax news stories on seemingly random topics, had claimed Shanmugaratnam was […]

Deutsche Bank Institutional Trader Joins Japanese Crypto Startup

Deutsche Bank

A former Deutsche Bank trader has joined Japanese crypto exchange-startup FXcoin Ltd., Bloomberg reports September 3. According to the announcement, Yasuo Matsuda, an institutional trader from Deutsche Bank, will join FXcoin as a senior crypto strategist starting in September 2018. The strategist position includes providing analysis of crypto markets and daily reports on the market’s activity. The newly […]

Why Make Ethereum Blockchain Data Available on Google Cloud?

Blockchain Data

Ethereum and other cryptocurrencies have captured the imagination of technologists, financiers, and economists. Digital currencies are only one application of the underlying blockchain technology. Earlier this year, we made the Bitcoin dataset publicly available for analysis in Google BigQuery. Today we’re making the Ethereum dataset available. Like its predecessor, Bitcoin, you might think of the Ethereum blockchain as an immutable […]

Accelerator to Train 1000 Staff in Blockchain Over 2 Years

Blockchain

U.K.-based multinational professional services network PricewaterhouseCoopers (PwC) will bolster its employees’ blockchain knowledge through a dedicated program next year, Digiday reported Thursday, August 30. Part of a coordinated push to enhance digital awareness, the company will put 1000 staff through its Digital Accelerators program, which will run for two years from January. Participants will forego a portion of their […]

NetCents Crypto Credit Card to Help Increase Mainstream Adoption

Crypto Credit Card

NetCents cryptocurrency credit card will be accepted at 40 million merchant locations globally in an effort to directly compete with Visa and Mastercard. The company will also integrate its loyalty programme with its crypto credit cards to encourage and reward users for spending digital currencies. NetCents Technology, a Canada-based payments processing company, has unveiled its […]

Ernst & Young Have Acquired Cryptocurrency Software

Cryptocurrency

Ernst & Young has acquired a software developed by a Silicon Valley-based startup called Elevated Consciousness in order to manage investments executed in cryptocurrencies. The software in question is called Crypto-Asset Accounting and Tax (CAAT). It was bought by Ernst & Young’s Americas Tax Innovation Foundry with the intention to facilitate their clients in investing […]

Keep Your Hands Off Cryptocurrency, Economist Tells World Governments

BTC

Prominent economist and editorial director of the American Institute for Economic Research (AEIR), Jeffrey Tucker, has urged governments and central banks around the world to let go of the idea of creating state-backed cryptocurrencies and instead focus on the soundness of the fiat system and the banking system. “Leave Crypto Alone” In an editorial published […]

BTC and ETHER Fall Substantially in $18 Billion Crypto Market Wipeout

BTC

Over the past 24 hours, the crypto market has recorded a loss of $18 billion, as major cryptocurrencies including Bitcoin, Ether, EOS, and Bitcoin Cash dropped by 4 to 13 percent. While Bitcoin ended the day with a 4 percent decline in its value, Ether, the native cryptocurrency of Ethereum, plummeted by 13 percent against […]