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Standard Chartered Invests More Money in Newly Rebranded Trade Finance Startup
28.1.2020
Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions
Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
27.1.2020
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority...
More Than 77 Crypto Projects Claim to Be Backed by Physical Gold
26.1.2020
The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether...
User Retention: The Holy Grail for DApps Moving Beyond Buzzword Status
26.1.2020
DApps are still struggling with user retention and high app turnovers, but DeFi-focused apps might offer an avenue for greater adoption
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
24.1.2020
Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice from the country’s Ministry of Finance says
WEF and PwC Report: Nature Risks Threaten Businesses and Economy
24.1.2020
A new report by the World Economic Forum (WEF) in collaboration with Pricewaterhouse Coopers (PwC) makes a case for why the environmental crisis will directly and significantly impact primary, secondary and tertiary businesses, and therefore disrupt the markets and the economy. Titled Nature Risk...
Demand for Crypto Derivatives Swells as CME’s Bitcoin Volume Rises
22.1.2020
The global markets company Chicago Mercantile Exchange (CME) has seen considerable demand since launching its options contracts in the wake of the firm’s bitcoin futures. On the first day of swaps, CME’s bitcoin options saw 55 contracts ($2.3 million). By the end of the week,...
LumApps Collects $70 Million in Series C Funding Round
22.1.2020
Taking pride in being one of the best enterprise-grade cloud-based social intranet platforms, LumApps has announced that it has pooled in a whopping amount of $70 Million through Series C funding round. The funding event was led by renowned global investment banking, securities, and management...
Finance Will Fall Behind Without Innovation, Experts at Davos WEF Say
21.1.2020
Mainstream finance faces a losing proposition without technological innovation, experts at Davos WEF explain
FCA’s New AML Regime – UK’s Crypto Market Will Have to Adapt in 2020
21.1.2020
The FCA has officially taken over as the ALM/CTF supervisor for the U.K., but what ramifications will this have on the wider crypto industry?
deVere Group CEO Urges WEF Delegates To Make Investment In Fintech
21.1.2020
Nigel Green, the founder and CEO of the world’s highly acclaimed independent global financial consultancy providing firm deVere Group, has made an appeal to the delegates of the World Economic Forum meet urging them to commit investments in fintech. The globally renowned financial gathering,...
China’s Total Blockchain Investments Dropped 40% in 2019 Compared to 2018
20.1.2020
Chinese blockchain spending dropped over 40% from 2018 to 2019, but was still significantly higher than back in 2017
Developer Proposes Decentralized Bitcoin Hashrate Derivatives
20.1.2020
There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies. Also read: Regulatory...
India Faces a New Hurdle: An Economic Slowdown
20.1.2020
As a majority of the world’s leading economies are anticipating a recession, India has not been spared. The Indian economy is also in shatters for the last few years. The recent Government estimates have indicated a growth rate at as low as 5% that is the weakest since 2009. Indian Government...
Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...
Currency ‘Cold War’ Takes Center Stage at Pre-Davos Crypto Confab
16.1.2020
Cryptocurrencies could be at the heart of a new Cold War, at least according to some investors at the Crypto Finance Conference in St. Moritz
Bancor’s Airdrop as First Step to Take Blockchain Out of 1997: Interview
16.1.2020
Cointelegraph interviewed Bancor’s Eyal Hertzog and Nate Hindman about the BNT airdrop and the future of Bancor and crypto at large
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
16.1.2020
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans...
Global Finance Leaders Citi, Bpifrance, Fidelity to Join DAS: London on February 10
16.1.2020
New York, January 07, 2020 — Today, BlockWorks Group (BWG) announced that on February 10, it would be convening Digital Asset Summit (DAS): London, the first institutionally-focused digital asset conference to take place in London. A follow-up to BWG’s sold out DAS: Markets conference in New York...
More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?
16.1.2020
With Bitcoin scam ads still popular on the internet, uninformed investors need robust due diligence to prevent falling victims