Search
Charles Schwab All Set to Acquire TD Ameritrade in $26 Billion All-stock Deal
26.11.2019
Discount brokerage TD Ameritrade is all set to be acquired by Charles Schwab in an all-stock deal worth $26 billion, according to an agreement Ameritrade stockholders will get 1.0837 worth of Schwab stock for each of their shares. It reflects a 17% premium over the Ameritrade stock’s 30-day average...
Market Update: Uncertainty Strikes Crypto Traders After Week-Long Downtrend
25.11.2019
Three days ago, cryptocurrency markets were holding foundational support after coins plunged 2-14% and the entire cryptoconomy dropped below $200 billion. Crypto prices continued to slide in a bearish trend, and over the last 12 hours, the entire market valuation of all 3,000+ coins lost another...
Market Update: Cryptos Shed Billions in Rapid Sell-Off
22.11.2019
Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what will happen...
Crypto Platform Celsius Network Reaches $4.25 Billion in Total Loans
17.11.2019
Crypto platform Celsius Network reached $4.25 billion in total crypto loans
China to Spend More Than $2 Billion to Further Blockchain Adoption by 2023
12.11.2019
Despite the tough stance adopted by Chinese authorities against cryptocurrencies, the spending of the world’s most populous country on the blockchain technology is going to shoot through the roof. International Data Center (IDC) has recently reported that China is going to spend more than...
Wirex Launches Visa Travelcard to Transform 800 Billion Dollar Payments Industry of APAC
11.11.2019
Wirex, a cryptocurrency and fiat transfer platform headquartered in UK’s London, has recently unveiled its latest offering in the form of next-gen Wirex Visa Travelcard. The firm believes this card could help transform the 800 billion dollar payments industry of APAC. The official announcement...
Danske Bank Caught Using Gold Bullion to Launder Illicit Funds
10.11.2019
The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...
DigiByte and Alex Kruger Left Sarcastic Remarks on Stellar Burning 55 Billion of Its Native Cryptocurrency XLM
6.11.2019
In a shocking turn of events, Stellar Lumens, a crypto-blockchain company focused on global payments and decentralized economies, burned 55 billion of its native token XLM. The move has sparked a big controversy in the community, with crypto influencers lashing it heavy criticisms, while the owners...
Will Stellar’s 55 Billion XLM Burn Trigger a New Bull Cycle?
5.11.2019
Stellar Lumens’ 55 billion XLM token burn could have a positive long-term impact on the price
Coca Cola Using Blockchain for $21-Billion-Per-Year Network
5.11.2019
Coca Cola’s bottlers are using a blockchain solution from German software firm SAP to manage their supply chain
Stellar Burns Over 55 Billion Tokens Worth $4.7 Billion USD
5.11.2019
The Stellar Development Foundation announced the burn of 55 billion XLM, stating that remaining tokens will be used for network development
Central Bank Blockchains and Corporate Ledgers Are Still Vaporware
4.11.2019
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some...
Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement
3.11.2019
In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken....
Bitcoin Just Hit $1 Billion in All-Time Transaction Fees
30.10.2019
On Oct. 30, 2019, the bitcoin blockchain reached $1 billion in cumulative transaction fees. “This milestone is a really cool milestone just because it shows how much people value block space,” said Bryan Aulds, founder of bitcoin wallet Billfodl. “And that it’s something people don’t...
Market Update: Crypto Prices Hold Steady After Massive Bullish Spike
27.10.2019
Digital currency markets are coasting along after an enormous move on Friday of more than 20-40%. The entire cryptoconomy is hovering around $249 billion as it gained a whopping $30 billion very quickly this week. Crypto prices corrected a touch since the spike, but are still well above the lows...
Coinbase Has Earned $2 Billion in Transaction Fees Since 2012, Says CEO
24.10.2019
Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012
Coinbase Generated Nearly $2 Billion in Transaction Fees Since 2012
24.10.2019
Coinbase CEO Brian Armstrong said that the exchange has generated nearly $2 billion in transaction fees since 2012
SoftBank Takes Control of WeWork; Announces $5 Billion Financial Package
23.10.2019
The cancellation of the WeWork IPO has been one of the biggest business sagas of the year, and it seems a resolution has finally been reached. It has now emerged that SoftBank, which was the biggest investor in the co-working space startup, has picked up 80% ownership of the company...
Algorand Wins Sharia Compliance Certificate to Enter $70 Billion Market
22.10.2019
A sharia certification could open up the platform to a global network of observant Islamic investors estimated to be worth more than $70 billion
Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning Point
20.10.2019
After sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears have started to claw away at these areas. Most cryptocurrencies are testing their weekly support trendline that...