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Blog

18 March 2020 By Evan Fitzgerald
While cryptocurrency markets are experiencing another crash this Monday, major digital asset platform Bakkt has some good news. Referred to as one of the most promising crypto-related initiatives for its physically settled Bitcoin (BTC) futures, Bakkt has now raised an additional $300 million to continue developing digital asset-focused services, the firm’s new CEO Mike Blandina announced on March 16. ... Read more

16 March 2020 By Dominic Robinson
Corporates that advocate for Environmental, Social and Governance (ESG) responsibility initiatives should adopt blockchain technology, the CEO of Spanish blockchain software firm Finboot said on March 5th in a blog post. ... Read more

14 March 2020 By Evan Fitzgerald
Digital payment platform Uphold has released a new debit card, allowing users to pay with converted crypto, commodities and cash. Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold accounts at any Mastercard compatible location, a representative from Uphold told Cointelegraph in an interview. “Anywhere globally where Mastercard is accepted, they will be able to use this debit card,” she said. ... Read more

13 March 2020 By Dominic Robinson
The creator of the popular Facebook game FarmVille, Eric Schiermeye, has transitioned to the blockchain gaming industry. Blockchain Game Partners, for which Schiermeyer is the founder and CEO, has announced that it is developing a blockchain-based gaming platform dubbed the Gala Network. ... Read more

12 March 2020 By Lilly Harvey
Ethereum-based synthetic asset issuance platform Synthetix is adding new features, which includes derivatives trading. ... Read more

9 March 2020 By Lilly Harvey
Major cryptocurrency exchange Bitfinex, the sister exchange of stablecoin firm Tether, has rolled out futures trading for Tether’s new gold-backed coin. Starting on March 6, Bitfinex users can trade futures contracts on Tether Gold (XAU₮) against Tether (USDT), a widely-known and controversial stablecoin pegged to the United States dollar. ... Read more

7 March 2020 By Dominic Robinson
While some global cryptocurrency exchanges move to expand Know Your Customer (KYC) rules, some major rivals claim that crypto platforms don’t need KYC at all. Digitex, a Seychelles-based crypto derivatives exchange, will start removing KYC identification this week in response to a major user data leakage that happened last month. ... Read more

6 March 2020 By Evan Fitzgerald
The Swedish government is reacting to an alleged Bitcoin fraud scheme that targeted vulnerable people in Sweden, Australia, New Zealand and the U.K. Ukrainian officials were informed of the allegations in a meeting on March 2, according to an Organized Crime and Corruption Reporting report published on March 3. ... Read more

4 March 2020 By Evan Fitzgerald
The Supreme Court of India has struck down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms. The court’s bench of Justices Rohinton Nariman, S Ravindra Bhat, and V Ramasubramanian, delivered the judgment earlier today, March 4, litigation news site Live Law reported. ... Read more

3 March 2020 By Lilly Harvey
Bitcoin (BTC) saw a difficult week as it hit one-month lows, but on gold markets, traders were nursing the biggest daily falls in over seven years. According to data tracking XAU/USD on Feb. 29, Friday saw the precious metal’s worst 24-hour drop since 2013. ... Read more

2 March 2020 By Evan Fitzgerald
Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether. In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT). ... Read more

29 February 2020 By Lilly Harvey
Through a partnership deal with a legal solution company Jur, the native token of the blockchain project VeChain, VET, will be used as a payment option for purchasing real estate. ... Read more

28 February 2020 By Evan Fitzgerald
Altcoin Bitcoin Cash (BCH) has become the subject of intense speculation after a major investor claimed he lost $30 million in a wallet hack. ... Read more

26 February 2020 By Lilly Harvey
JPMorgan Chase, the multinational investment bank, is one of the pioneers of blockchain research and adoption among the giants of classical banking. Its analysts prepared a thorough review of the most important events, processes and trends the blockchain and cryptocurrency sphere went through in 2019 ... Read more

24 February 2020 By Dominic Robinson
The New Jersey state legislature is now considering a new bill that would require cryptocurrency businesses to obtain a proper license to operate. ... Read more

23 February 2020 By Dominic Robinson
Israeli banks should not deny services to firms involved with cryptocurrencies, according to Israel's attorney general Avichai Mandelblit. ... Read more