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European Union Gives Unconditional Approval To IBM’s $34 Billion Red Hat Deal
28.6.2019
As far as tech industry royalty is concerned, then IBM is right up there with the biggest names in the industry and its move to acquire Red Hat, an open source software firm for a mammoth $34 billion is an indication of its ambitions. As everyone knows, cloud computing is now the emerging industry...
Ethereum Co-Founder’s Polkadot Closes Token Sale, Claiming $1.2 Billion Valuation
27.6.2019
Polkadot has closed on a private token sale that it says values the blockchain interoperability project as a tech unicorn
$1.2 Billion Transferred In BNB Within 1.1 Seconds And Fees Of Just $0.015, Is This Future?
27.6.2019
The two biggest problems of crypto transactions have been huge time consumption and high transaction fees. Though these were far less than traditional systems, but still a lot more than what was expected from crypto-blockchain payments. Fortunately, the expectations seem to have finally met, with...
‘Welcome to the 2019 Bull Market’ - BitMEX Trades Record $16 Billion in One Day
27.6.2019
Amid record trading volumes, BitMEX throws shade at Nouriel Roubini
Markets Update: Cryptocurrency Prices Continue to Accelerate
26.6.2019
Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures...
'Future is Here' Declares CEO as Binance Transfers $1.2 Billion For Under 2 Cents
26.6.2019
A transfer of about $1.2 billion in binance coin has been carried out with a $0.015 fee in 1.1 seconds on June 26
Bitcoin’s Share of $350 Billion Crypto Market Highest Since 2017
26.6.2019
Bitcoin has done it again, hitting a new 2019 high at $11,788, before retracing slightly
Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners
25.6.2019
Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...
Synthetix Trader Rolls Back Broken Trades That Netted $1 Billion Profit
25.6.2019
In what amounts to a particularly heart-warming example of the power – and responsibilities – of decentralization, Synthetix founder Kain Warwick announced that an error that netted one legitimate user over $1 billion in profit has been fixed and that the user rolled back all...
Celgene Deal Setback Wipes Out $6 Billion From Bristol-Myers Squibb
25.6.2019
When it comes to the biggest acquisitions that are valued at tens of billions of dollars, there is almost always a bit of trouble in completing the whole thing. First of all, there is the matter of the two company’s shareholders who might or might not want the deal to happen, while on the other...
Smaller Rival Altran Merges with Capgemini in 3.6 Billion Euros Deal
25.6.2019
When it comes to the biggest companies in the world of consulting and technology, the idea of acquisition in order to keep growing is a well-known strategy and that has been even more prevalent in recent years. In a new development, French consultancy and information technology giant Capgemini...
Bitcoin Breaks $200 Billion Market Cap For the First Time in 17 Months
25.6.2019
Bitcoin is busy deleting the last traces of its 2018 bear market
Coca Cola And China’s Mengniu Dairy Sign Olympics Sponsorship Deal Worth $3 Billion
24.6.2019
While the trade war between the United States and China is going on at full tilt for months, two of the biggest corporations from the two countries have come together to sign a gargantuan sponsorship deal for the Olympics. The sponsorship deal signed by soft drinks maker Coca Cola and Chinese dairy...
More than One Year Later, BTC Price Skyrockets Past $10K
22.6.2019
On June 21, the price of bitcoin core (BTC) crossed the $10,000 mark for the first time since March 08, 2018. At the moment BTC has a $180 billion dollar market capitalization as the cryptocurrency gathered more than 166% over the last six months. Also read: These Are 2019’s Biggest...
Markets Update: Digital Currency Economy Surpasses $300 Billion
21.6.2019
Digital currency prices have spiked considerably in the last 24 hours and bitcoin core (BTC) stopped short about $70 in an attempt to cross the $10K price zone. Most cryptocurrencies are up between 2-8% on Friday, June 21 and the entire cryptoconomy surpassed $300 billion. Also read: These...
Craig Wright Provides New Details on Bitcoin Trust at Heart of US Lawsuit
20.6.2019
A court document filed on May 8 details Craig Wright's bitcoin holdings prior to Dec. 31, 2013
Facebook Unveils Libra Cryptocurrency, Targeting 1.7 Billion Unbanked
18.6.2019
Facebook's newly unveiled Libra blockchain is tackling remittances at first, but it could have a much broader impact
Coinbase Custody Disclosed That It Holds 1.3 Billion Of Crypto In Assets Under Custody
16.6.2019
In a twitter thread published the news by Coinbase Custody posted on June 13 – 3/ “There’s a narrative out there that institutional-grade services don’t exist in crypto. This isn't true. Coinbase Custody is a regulated, insured and secure custodian. We have $1.3bn AUC and expect to hit $2bn...
Markets Update: Crypto Prices Surge After Last Week’s Pullback
15.6.2019
Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last...
CME’s Bitcoin Futures Hit New Records
11.6.2019
Ever since the Chicago Board Options Exchange (Cboe) announced it was ending its bitcoin futures products back in March, the Chicago Mercantile Exchange (CME Group) has seen a huge influx of bitcoin derivatives volumes. During the second week of May, CME’s bitcoin futures touched a milestone...