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Zcash Developer Electric Coin Co. Reveals Q1 Financial Loss
30.8.2019
The for-profit arm supporting zcash has issued a new report saying it avoided layoffs throughout the bear market despite being in the red
Crypto Lending Platforms Prepare to Assail the Banking System
30.8.2019
The battle lines have been drawn and the troops assembled. On the one side stands the combined might of the banking cartels, centuries of deeply entrenched financial infrastructure supporting them. And on the other side stands a handful of crypto companies armed with little more than a passionate...
Japanese Financial Giant SBI to Reward Shareholders with XRP
29.8.2019
Source: iStock/isa_ozdere
Japanese financial colossus SBI Group has announced that it will reward shareholders with interim benefits in Ripple's XRP tokens, which is the third largest token by market capitalization.
Per an official statement from SBI’s Morningstar arm, the group’s asset management...
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
Swiss Crypto Banks Receive Licenses From Financial Regulator
26.8.2019
Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...
Doing What You Want With Your Money Is a Fundamental Right
24.8.2019
Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes...
Rep. Waters Says Congress Will Continue Review of Facebook’s Libra
23.8.2019
Congresswoman Maxine Waters announced a tentative schedule for this fall including a continued review of Facebook's Libra initiative
The New Bitcoin Banks Are Here
23.8.2019
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements...
Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE
22.8.2019
Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they...
DeFi is the Ultimate Defense Against Political/Financial Disasters
22.8.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
Fact is stranger than fiction. But before we talk about the latest facts...
To Develop Blockchain-based Financial Services, Woori Partners with Kakao’s Blockchain- a Subsidiary of Ground X
22.8.2019
Woori Financial Group is a South Korean leading company in the financial services sector. Yesterday in a press release, it had announced its partnership with Kakao’s blockchain. (Kakao’s blockchain is a subsidiary of Ground X.) The objective of this partnership is to develop blockchain-backed...
Prixbit, South Korean Crypto Exchange has Ceased Its Operations over Financial Crisis
22.8.2019
Prixbit, the South Korean cryptocurrency exchange has declared the ending of its services related to crypto. Prixbit, which had closed its operations as of 9th August, has failed to control its financial challenges and suspended its cryptocurrency trading operations. Several investors have...
The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt
21.8.2019
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...
South Korea’s Woori Financial Teams up with Kakao’s Crypto Payments Group
21.8.2019
The banking company is latest major organization in the country to join the blockchain rush
Bitcoin Price ‘Will Struggle’ in Big Financial Crisis, Says Investor
21.8.2019
Blockchain Capital’s Spencer Bogart is confident that BTC is a safe haven in the long term
Israeli Financial Authority Sets Up Blockchain Unit to Look Over Business Permit Applications
20.8.2019
Israeli crypto scenario has not yet settled. Although the country is trying its best attempts in supporting the blockchain companies and FinTech companies, still the attempts are failing to reach the crypt traders in the country. The banking system is pulling the feet back of any progress made...
Israeli Financial Authority to Accelerate Blockchain, Fintech Licensure
20.8.2019
An Israeli Ministry of Finance branch is attempting to drive local fintech competition with licensing
As US Expands Subprime Mortgage Program, Is a New Crisis Looming?
19.8.2019
The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social...