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Bitstamp, one of the most popular exchanges in the market, has received the BitLicense to operate in the State of New York. The license has been granted by the NY State Department of Financial Services (DFS). The information was released by the agency in a recent press release. Bitstamp Receives...
During the first part of this year, Bitcoin (BTC) has been very active and it was able to gather the attention of many other investors. After a bear trend in 2018, the digital asset surged and recovered from a very negative year. Surprisingly, the digital asset followed the path...
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...
Australian truck and transport insurance agency National Transport Insurance (NTI) has uncovered that it is banding together with BeefLedger, an Australian blockchain stage on an experimental run program that will convey blockchain innovation for end-to-end following of Australian meat sends out. Gone for enhancing nourishment wellbeing, trade security and creature...
Andrew Yang, a Democratic presidential candidate, has met with Charlie Lee, the founder of the popular cryptocurrency Litecoin (LTC). The goal was to discuss the future of virtual currencies and talk about blockchain technology and Bitcoin (BTC). Mr. Yang shared a picture on Twitter in which he is next...
U.S.-based banking giants Citigroup and Goldman Sachs conducted the first equity swap on a new blockchain built using tools originally designed for Ethereum. Forbes reports that this was a total return swap in which one bank agreed to make a payment based on the returns of an underlying asset...
One of the hottest topics in cryptocurrencies is the prospect of major economies launching state-backed digital coins. China’s central bank recently accelerated plans for what is currently known as the Digital Currency Electronic Payment (DCEP). It could launch within the next 18 months, while the European Central Bank is...
Coinbase, one of the most popular crypto platforms in the market, has reached the “trending” list on Apple’s App Store. This shows that there is a growing interest in the most popular digital asset that has experienced a very large price increase since the beginning of the current year. Coinbase...
Sequoia, Baidu, Nasdaq, and Fidelity are among the absolute biggest VCs, innovation combinations, and money related foundations to make huge wagers on crypto in the previous week. Regardless of the bear showcase which has driven real cryptographic forms of money to lose around 80 to 90 percent in incentive by...
China effectively closed its door to cryptocurrencies in September 2017, when it banned cryptocurrency exchanges and initial coin offerings (ICOs). But almost two years later, is Beijing slowly starting to rethink its policy? Officially, nothing has changed. However, recent developments in the country seem to suggest that the Chinese government’s...