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From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money
18.5.2020
The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their...
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
0 Security Breach. 0 Token Loss.
16.5.2020
BigONE is a global cryptocurrency trading and custody platform founded in 2017, clad in four principles – Integrity, Security, Professionalism, and Win-Win. The exchange has developed comprehensive digital assets trading services. The ecosystem runs the gamut, including both spot and margin...
Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution
13.5.2020
Popular messaging app Telegram has shut down its TON cryptocurrency project. Telegram founder Pavel Durov explains that a US court has stopped his TON project and prevented the gram cryptocurrency from being distributed to investors, not just in the US but globally. Telegram Discontinues...
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Global Trust in Crypto Potential Grows to 48%, Edelman Survey Finds
11.5.2020
Just 48% of respondents to Edelman's Trust Barometer indicated they believe in the potential of cryptocurrency, but this figure still shows double-digit growth year over year
DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
11.5.2020
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process
OKCoin Brings Two Industry Vets Onboard Amid Global Expansion
9.5.2020
A recent play sees international fiat digital asset exchange, OKCoin, bringing top brass from Blockchain.com and Coinbase to its front office
IBM Blockchain Head: DLT is Transforming Global Supply Chains
9.5.2020
IBM’s head of blockchain in Australia and New Zealand has shared the firm's outlook for the integration of DLT into supply chain systems
The Global Contenders Trying to Displace the Dollar
8.5.2020
Could the dollar be replaced by a single new dominant currency like China’s DCEP, or is a multipolar currency world more likely?
Global Fintech Firm Launches Security Tokenization Platform
8.5.2020
Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem
Coinshares Acquires Gabi Trading: New Unit Traded $3 Billion Worth of Crypto in 2019
8.5.2020
Coinshares on Thursday launched its trading business, Coinshares Capital Markets (CSCM), reporting that the unit traded over $3 billion worth of cryptocurrency in 2019 and $1.5 billion during the first quarter of 2020. The UK digital asset manager is basically rebranding Gabi Trading, a business...
New Global Campaign Urges Credit Card Companies to Block Porn Sites
8.5.2020
An international campaign calling on credit card companies to block payments to porn sites could lead to a huge wave of new cryptocurrency adopters
Global Economic Crisis Spurs Crypto-Comeback, CEO Says
7.5.2020
Blockchain incubator's CEO says crypto is hot, even given current economic difficulties
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...
Cambridge University Releases New Tool for Tracking Global Bitcoin Mining Power
7.5.2020
Cambridge University's Centre for Alternative Finance has released a bitcoin mining map, showing where bitcoin miners are located worldwide
A Single Chinese Region Accounts for One-Third of Global BTC Hash Rate
7.5.2020
Cambridge University has launched a ‘Bitcoin Mining Map’ that shows the distribution of hashing power worldwide as well as within China
Ripple Joins ISO Global Standards Body on Cross-Border Payments
6.5.2020
Ripple claims to be the first DLT-focused member of the global ISO 20022 standards body, driving international standards for interoperability between financial institutions
Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global Crisis
6.5.2020
The number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin...
BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion
5.5.2020
Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia