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The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent. The tumble has now surpassed the Nasdaq Composite Index’s...
Things haven't been easy of late for Bitmain. After CoinDesk revealed the China-based crypto mining giant was planning an initial public offering (IPO) for September, the company has faced a wave of perhaps unprecedented scrutiny. On social media, allegations emerged Bitmain was everything from insolvent to presenting a rosy outlook for...
Over the last 24 hours, the cryptocurrency community has been discussing a critical vulnerability that was found in the Bitcoin Core (BTC) reference client. A bug introduced in Bitcoin Core version 0.14, that also affects all subsequent versions, could have caused a great majority of current Core nodes to...
Many altcoins have posted significant losses in recent days, with ETH currently testing price levels not seen in over 12 months after losing 40% in roughly one week. The declining value of altcoins has also driven BTC to continue to establish new highs for market dominance during 2018. BTC Gains...
he Innovation Group of the European Parliament’s Committee on Economic and Monetary Affairs met on September 4, to discuss rapporteur Ashley Fox’s proposal to include a framework for initial coin offerings (ICOs) within the proposed European Union (EU) financial services regulatory regime for crowdfunding. The group gathered included the Commission, the European Banking Authority (EBA), the European Securities...
On the latest episode of The Bitcoin Game, host Rob Mitchellexplains the recent trip he took to the World Economic Forum. Based in Davos, Switzerland, this international conference featured a wide number of economic experts and panelists within the international financial industry. Sitting on one such panel titled “The Crypto Asset Bubble,”...
The RBI VS Cryptocurrency Case Further Delays All the cryptocurrency traders in India are biting their nails since 11 September, hoping for the RBI Crypto matter to be solved positively. The RBI Vs Cryptocurrency case was supposed to be heard on 11 September, but the case got adjourned to 12 September. Yesterday,...
Kraken, a popular exchange based in the U.S., has announced that it will be expanding its OTC trading platform which will improve the performance of large block trades for all its clients. “Kraken is excited to announce a major expansion to our OTC trading platform which will enhance the execution...
Ueli Maurer, the Swiss Minister for Finance and Joerg Gasser, the State Secretary for International Financial Matters visited Israel to gain access to the country’s market and to enable Swiss banks to trade there. A report for Reuters stated that the two nations have agreed to collaborate on financial technology,...
A new trade and finance blockchain platform, backed by the People's Bank of China (PBoC), has started official pilot operations in Shenzhen, local news outlet 21jingi reports September 12. The “Guangdong, Hong Kong and Macao Dawan District Trade Finance Blockchain Platform” aims to provide a blockchain-powered ecosystem for cross-border trading across Guangdong, Hong Kong, and Macau...