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Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse
13.10.2019
An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...
Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable
10.10.2019
It’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for...
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
Apple Denies Speculation of Its Entry into Crypto Space
4.10.2019
Laying all speculations to rest, CEO of Apple Inc., Tim Cook, has virtually opposed the idea of private companies launching their currencies. The top executive said that private organizations should refrain from getting access to power by launching their own competing currencies. Just a couple...
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Buying Bitcoin on the Street Is Getting Easier
23.9.2019
Access to cryptocurrency, still a relatively new invention, requires some technological knowledge and computer literacy. In order to become more mainstream, however, Bitcoin will have to become more “main street” so to speak. Some crypto evangelists are finding ways to simplify...
Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
13.9.2019
Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant...
Stablecoins and Exchange Coins – What’s the Difference From the Ol’ Corporate Bond?
9.9.2019
A new weekly record was set last week in global corporate bond sales, with investors grabbing hold of around $140 billion in new bonds according to data from Dealogic. This occurs against a backdrop of negative yielding debt, and the meteoric rise in popularity of stablecoins and exchange-native...
Roger Ver alleges Theymos behind the deletion of Bitcoin History
30.8.2019
The cryptocurrency space has its own share of controversies that keep on popping up every now and then. The latest one is revolving around Theymos, who is the administrator of Bitcointalk and Bitcoin.org. Besides, Theymos is also a Bitcoin moderator on Reddit. There is no denying the fact that...
John McAfee Backs Privacy Feature of Cryptocurrencies
28.8.2019
John McAfee is a well-known supporter of cryptocurrency and often airs his views against establishments and central banks. In one of his latest tweets, McAfee in a much-nuanced manner described the difference between transparency and privacy in the context of cryptocurrency. In a short video clip...
Can Binance Or Libra Dominate The Crypto Space?
20.8.2019
Ever since Libra was revealed in June this year, it has shaken the world, and even those who laughed at crypto were forced to sit down and take notice. Since then, there has been a debate in the mainstream that Facebook’s brainchild would affect US dominance over global politics and trade. For this...
EU Members Adopt Tougher Crypto Rules Than AML Directive Requires
13.8.2019
Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member...
ECB to Increase Online and Offline Efforts to Monitor Crypto Trade and Related Activities
8.8.2019
At a time when regulators across the globe are taking steps to tighten their grips on virtual currencies, the European Central Bank (ECB) has also decided to follow the trend. The ECB will ramp up its surveillance efforts to monitor crypto activities in the region. The apex banking regulatory body...
GSR Together with Block Tower Capital has Successfully Conducted the First BTC Variance Swap
26.7.2019
After Introducing Cryptocurrency Variance Swaps back in April, GSR, together with Block Tower Capital, has successfully conducted the first BTC Variance Swap. Basically, a Variance Swap is a kind of financial derivative product. The main function of a Variance Swap is to allow institutions...
How to Avoid Ponzi Schemes in the Crypto Space: A Checklist
13.7.2019
If you have been in the crypto industry for a couple of years, you might have heard of two types of crimes. One, the cyber attacks, which like any other attack is an open threat, and the other, just a result of lack of awareness, are Ponzi schemes. Conmen have found a new playground in …
The...
Trademark Application Filed By LG For ThinQ Wallet
10.7.2019
Last year, several rumors were doing the rounds that LG, the globally renowned electronics company based in South Korea, is about to set foot in the crypto space. The latest reports seem to confirm the company’s crypto interests strongly. As per the reports, a trademark application has been filed...
Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks
9.7.2019
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly...
KuCoin Becomes A Chromia Network Provider
4.7.2019
KuCoin, one of the popular and safe digital currency exchanges, has now become a provider for the Chromia network. The update was made public by Chromia via their official Twitter handle on 3rd July 2019. KuCoin took to the micro-blogging site as well to confirm the development on the same day....
How Facebook’s Entry In Crypto Space Can Create Fortunes For Bitcoin
30.6.2019
Internet was one of the greatest things man created, and within a few decades, we are talking about Smart Homes, Artificial Intelligence, Internet of Things, etc. However, the journey has been all about the push which internet got, every time one thought it had reached saturation. Internet’s first...
Goldman Sachs Hints At Exploring Its Own Crypto Much Like J.P. Morgan
29.6.2019
The crypto space is an exciting industry that’s presently driving in interests from across industry verticals. The latest entity to have expressed its interest to venture into this space is one of the most prominent American MNC banks, Goldman Sachs. David Solomon, the CEO of Goldman Sachs,...