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Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund


The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....

Bittrex, Coinbase and Kraken Set up Crypto Rating Council


The heavy hand of regulators has been stifling the growth of the cryptocurrency industry in the U.S. and caused innovators to flock abroad. In a bid to mitigate one aspect of this problem, major players have now created a joint system for rating what constitutes a security token. Also Read:...

Bitcoin Price: Cryptoverse is Trying to Guess the Next Move


Cryptocurrency market and its swift and abrupt changes have given people a lot of headache, but also a lot to think about in the last week alone. People’s opinions on the near and far future of digital assets varies, but bulls seem hard at work. Nonetheless, analysts also urge traders to consider...

Darknet Markets Are Thriving Despite the Mysterious Death of Dread


Obtaining reliable information about darknet markets (DNMs) is a constant struggle, given the propensity of news sites and forums to come and go. No sooner has one portal gained ascendancy than it’s been toppled by law enforcement or exited under mysterious circumstances. The recent...

Coindirect Launches OTC Brokerage Headquartered in South Africa


Cryptocurrency clearinghouse Coindirect has launched an over-the-counter (OTC) brokerage in South Africa to allow cryptocurrency traders to make large volume transactions (of liquidity pool), by operating with international platforms, which would enable instant Bitcoin (BTC)-payment confirmation...

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide


Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...

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