Central Bank Digital Currencies
The issue of central bank digital currencies has come to the fore over the last two years. Although a relatively new popular phenomenon, digital currencies have existed for decades. This report, a collaboration between IBM Blockchain World Wire and OMFIF, explains the purpose of wholesale central bank digital currencies, as well as the motivations and […]
MGT Capital Enters into Agreement to Relocate Swedish Bitcoin Miners to Colorado
MGT Capital announced that it entered into a hosting agreement for a facility in Colorado Springs, CO to support its Bitcoin mining operations. As previously disclosed, the Company has been analyzing various options to relocate its approximately 6,300 S9 Antminer Bitcoin Miners presently housed in northern Sweden. Stephen Schaeffer, MGT’s Chief Operating Officer provided the […]
Cryptocurrency Market Worth $1.40 Billion by 2024
According to the new market research report on “Cryptocurrency Market by Offering (Hardware: GPU, FPGA, ASIC, & Wallet, and Software), Process (Mining and Transaction), Type, Application (Trading, Remittance, Payment: Peer-to-Peer Payment, Ecommerce, and Retail), and Geography – Global Forecast to 2024”, published by MarketsandMarkets™, the Cryptocurrency Market is projected to reach USD 1.40 billion by […]
U.S. Jewelry Retailer Marks Jewelers Accepting Payments in Cryptocurrency
U.S. jewelry retailer Marks Jewelers has started accepting payments in cryptocurrency, including bitcoin cash. Shoppers can now pay for luxury goods such as fine diamonds, watches and engagement rings using BCH and seven other digital currencies. In addition to BCH, the company is now accepting payments in cryptocurrencies such as bitcoin and ether. “This will […]
COBINHOOD Cryptocurrency Exchange Launches Margin Trading
COBINHOOD, the next-generation cryptocurrency service platform and zero-fee exchange, today announced the launch of Margin Trading on its platform. Starting October 19, COBINHOOD users, from the novice to the experienced, are able to maximize their trading power and tap into unused funds for greater value. The comprehensive features include: Margin Trading which allows users to trade more than […]
Cryptoasset Taxonomy Report Reveals a Concentration of Crypto Power
Cryptocompare, the cryptocurrency market data aggregator, has published a Cryptoasset Taxonomy Report. The nearly 80-page document is designed to provide investors, regulators and the industry with an independent classification of coins and tokens to help differentiate from a long list of ever-growing options. The report is based on an analysis of over 200 crypto assets, […]
The Worst Yet to Come for African Cryptocurrency Exchanges
Exchanges in the African continent have been relatively unscathed, suffering scant losses amidst the $930 million that’s been stolen from global exchanges so far this year, according to data by U.S. cyber security firm Ciphertrace. The most notable assault on investor funds in the continent of 1.2 billion people happened around March in South Africa. […]
World Payments Report 2018: Digital Payments are Experiencing a Boom
Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched today from Capgemini and BNP Paribas. However, the innovation landscape in payments is uncertain as BigTech1 entrants make their presence felt, and incumbents face technical and regulatory complexity in the development of new collaborative payments ecosystems between […]
UK Cryptocurrency Regulations Could Take up to Two Years Based on Comparable Regulatory Extensions
UK regulation of the cryptocurrency market would take two years to introduce based on comparable extensions of the FCA’s remit. James Kaufmann, Legal Director at RPC says that this based on the best-case scenario where proposals in the recent House of Commons Treasury Committee report* start to be progressed. The process of introducing the necessary […]
Indian Cryptocurrency Exchange Unocoin Launch First Crypto ATMs
Indian Cryptocurrency Exchange Unocoin is launching, perhaps country’s first, crypto ATM with more details to be revealed in a week’s time, Bengaluru-based startup’s founder Sathvik Vishwanath has confirmed. The words “instant deposit & withdrawals for your Unocoin account” are written on the machine, along with “exclusive for Unocoin customers” and “credit & debit cards are […]
