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Although we are in a bear market, Grayscale averaged $2 million invested every week in Bitcoin (BTC) during the last quarter of 2018. According to the company, 66% of these investments came from institutions. The information was released by the firm in their quarterly report. Grayscale Handled Over $8 Million...
Gavin Brown is the Associate Professor in Financial Technology ant the University of Liverpool. The sale and promotion of derivatives of bitcoin and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA). It is a further blow to the...
Winklevoss twins operated Gemini exchange caught everyone by surprise last week when it announced the launch of its stablecoin — Gemini Dollar (GUSD). The coin was developed on the Ethereum blockchain using the ERC20 protocol. The exchange claims that every GUSD coin is pegged to the US dollar 1:1 and that the company...
The Organisation for Economic Co-operation and Development (OECD) has recruited some of the biggest names in cryptocurrency and blockchain technology to advise it on blockchain-related matters and distributed ledger innovations. The international organization will seek tips from players such as Joe Lubin of ConsenSys, as well as key execs at eToro, Bitfury and Ripple – and made its...
Cryptocurrency has come a long way since those wild and volatile times of 2017. No longer do we see the crazy price swings – like Bitcoin going from $900 to $20,000 in less than a year – and the stories of everyday people striking it rich due to some old investments in Bitcoin that...
PNC, a standout amongst the most important names in the North American banking industry, has joined RippleNet. PNC clients will now have the capacity to get real-time cross-border payments. The use of the term “ongoing payment or real-time” appears to suggest that this association utilizes xCurrent. Moreover, Ripple’s tweet said...
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Stablecoin news The Tokyo government has been talking up its local stablecoin plans, with two major pilots already planned. New York’s State Department of Financial Services gave its approval to Paxos’...
Cryptographic money security startup BitGo has gotten the endorsement on Sep. 13th from U.S. Financial Authorities to act as a custodian for digital currency and other computerized assets. The South Dakota Division of Banking gave the green flag to the firm to offer its customers a controlled stockpiling solution for...
A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds. According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker Daniels, one...
Take Control of Your Trading Ethfinex aims to provide users with decentralized trading and reduce the dependency on centralized systems. The platform was launched in hopes to avoid the mistakes of other crypto exchanges. Hence Ethfinex promises to not collect any personal information. Moreover, there is no signup required to trade on...