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Major cryptocurrency exchange Binance invested in the cryptocurrency derivatives exchange FTX, and FTX Token (FTT) rallied. The unspecified "strategic equity investment" into the company that was founded in spring of this year was announced today, along with Binance’s decision to take “a long-term position” in the FTT with the goal...
If you want to uncover hidden market gems, you need to look where others haven’t. And one of the places that my Gucci-loafer-wearing peers aren’t looking are frontier markets. Frontier markets? You’ve heard of emerging markets and perhaps you’ve even invested in them. But investors mostly ignore frontier markets. And boy,...
The first publicly listed blockchain infrastructure company, Hive Blockchain Technologies Ltd., reportedly lost the last analyst covering it, and the price of its shares is far from the early days of it going public. Meanwhile, the company reported an income increase of c. 84% in Q3, compared to the...
36-year old Ethereum (ETH) developer Virgil Griffith, who's facing up to 20 years in prison for allegedly helping North Korea avoid sanctions, is now represented by Brian Klein, high-stakes trial attorney and partner at Los Angeles-Based law firm Baker Marquart. "I now represent Virgil Griffith and am very pleased that...
Major cryptocurrency exchange Binance and Australian-based travel booking agency TravelbyBit brought their new cryptocurrency-backed travel rewards card to the Cryptoworld today. “Global travel meets mainstream crypto adoption in this latest venture from Binance and TravelbyBit, the company behind Brisbane Airport's transformation into the world's first cryptocurrency-ready airport,” their announcement says. The...
The South Korean government will stump up USD 383 million worth of funding for Seoul-led blockchain research incentives over the next six years. Per a report from ZDNet Korea, the country’s Ministry of Science and ICT plans to utilize the funds to develop original blockchain technology, with the government taking...
Bitcoin Cash (BCH) is scheduled for an update on the network’s consensus rules today to make the network more secure. In the meantime, the price of the 4th coin by total market capitalization is dropping. The Bitcoin Cash network will undergo a planned protocol upgrade as per the roadmap on...
It looks like salaries in the blockchain and cryptocurrency industry are set to grow as demand is outstripping supply. More companies than ever before are looking to fill "Bitcoin, blockchain and cryptocurrency roles," with employer demand "skyrocketing," per a new report. A study released by job search platform Indeed claims that...
As Russia's crypto legislation is taking a confusing shape, local experts do not rule out that it might effectively stop Russians from legally trading in Bitcoin, Ethereum and other major altcoins on regulated domestic exchanges. “Until the full text of the amended bill is published, it is impossible to say...
This Friday, EU finance ministers might discuss a new draft that urges the Union to develop a common approach to cryptocurrencies, including possibly banning projects deemed too high-risk. Moreover, it states that the European Central Bank should consider issuing a public digital currency, Reuters reported on Tuesday, citing the...