Advertisement
Despite sharply lower crypto prices this year, crypto hedge funds appear to remain optimistic on the space, with existing firms expanding their operations and new ones being opened. Founded last year by a former investment manager at Goldman Sachs, BlockTower Capital is one fund that has expanded this year, hiring additional staff and...
A man walks out of a bitcoin retail shop in Hong Kong. Chinese authorities have stepped up their pressure on domestic cryptocurrency activity in the last few weeks. While Beijing supports the development of the underlying blockchain technology, it is still trying to limit speculation in digital currencies roughly one year since...
The American pharmaceutical company Verseon began work on Blockchain technology, according to a press release issued on September 18. It is worth noting that the company is one of the last medical organizations working with technology. According to the data, Verseon is working on the creation of its own Blockchain-platform for drug...
In tech, innovation is everything. In innovation, intellectual property is, well, almost everything — it can be the hardware, the software, the processes that comes from the creative endeavor. You might consider patents a form of competitive advantage. News came last week that, when it comes to patents tied to the blockchain...
BLOCKCHAIN PHONES ARE coming, that much is certain. The Sirin Labs Finney and the HTC Exodus are both expected by the end of the year, each with its own, sometimes vaguely defined sense of what exactly that term means. HTC’s Phil Chen, who spearheaded Exodus development, has at least started...
September 18, the South China Morning Post reported that a local businessman, the manager of Blockchain-Fund for $ 1.5 billion, intends to launch about 3 stable cryptocurrencies. The founder of Grandshores Blockchain, working with Bitcoin investor Li Xiaolai and the Hangzhou government, said that the first draft of a stable coin over...
Chief Accountant of the Securities and Exchange Commission (SEC) Wesley Bricker noted that the existence of such a phenomenon as cryptocurrency and Blockchain technology does not change the fact that companies bear the fundamental responsibility for providing unreliable financial statements. Bricker’s statement was made during the speech at the National Conference...
The Singapore crypto trade Switcheo has reported over the occasion time frame that it presently underpins the Alchemist propelled SDUSD stablecoin. The Dollar-pegged coin was made to hold the estimation of $1 and is bolted to NEO. Switcheo Exchange made the declaration that the NEO/SDUSD matching will be accessible on...
Bitcoin has become a popular payment method in the gambling industry in recent years and it is now firmly established as a viable alternative to debit/credit cards and e-Wallets. However, despite enjoying huge financial benefits from the gambling industry, states in the US, like New Jersey, where it is possible...
Another examination in Bloomberg recommends that the Bitcoin base is some place around $3,000 or $3,100. Utilizing the GTI Global Strength Technical Indicator, the examination says that Bitcoin is most likely oversold now. The Bloomberg report likewise says "numerous normal speculators stay careful about crypto showcase." It proposes that a...