Category: Cryptocurrency

A group of the U.K.’s leading cryptocurrency platforms are urging the Treasury to regulate the industry in the country. CryptoUK, a self-regulatory body set up to represent the sector, which is made up of eight members, is asking influential MPs to support its proposals to have the market regulated under the U.K.’s Financial Conduct Authority… Continue reading CryptoUK Urges MPs to Support Plans to Regulate the Cryptocurrency Market

Bitfinex, one of the world’s biggest cryptocurrency exchanges, has announced that it is introducing two new tokens to its platform as it continues to expand its offerings to customers. The Hong Kong-based exchange is adding Stellar (XLM) and Verge (XVG), both tokens which are placed within the top 30 coins based on market value. According… Continue reading Bitfinex Adds Stellar and Verge to Platform As It Responds to Community Demands

While initially scrapping its plans to develop a cryptocurrency exchange in conjunction with partners. SBI Holdings has today announced new plans to more forward with the development of their own self developed exchange. President and CEO of the company, Yoshitaka Kitao announced the development of the company’s own exchange, confirming that SBI’s exchange is “not a white… Continue reading SBI Unveils New Plans For Its Cryptocurrency Exchange

Users of the Wirex Bitcoin debit card can now make payments with Litecoin. Wirex announced full Litecoin integration with its new Wirex LTC (Litecoin) wallet, predicting that Litecoin could become a global payment option on dozens of big brand websites in the near future. The Wirex LTC wallet will allow customers to buy Litecoin (LTC)… Continue reading Wirex Adds Litecoin (LTC) to its Payment Cards

In a hearing held Thursday by the Capital Markets, Securities, and Investments Subcommittee of the U.S. House Committee on Financial Services, William Hinman, the Director of the Securities and Exchange Commission’s Division of Corporation Finance, said, “[My] division has also been focusing attention on digital assets and on Initial Coin Offerings.  As this area continues… Continue reading SEC “Striving For a Balanced Approach” to ICOs

A consortium of gold and diamond industry leaders and IBM are launching the TrustChain initiative to trace the provenance and authenticate diamonds, precious metals and jewelry at all stages of the global supply chain, from the mine to the retailer. In addition to IBM, the firms involved in the initiative include Asahi Refining, a precious… Continue reading Jewelers, Diamond Dealers Turn To Blockchain For Increased Transparency, Traceability

Despite the Mt Gox trustee seemingly ready to sell a significant amount of Bitcoin the cryptocurrency markets are showing Bullish signs. A reassuring portent for investors is the volume of Wall Street purchases via CME Group Bitcoin futures trading, say eToro. Bitcoin reached $9,740 USD this week, the closest it has been to the $10,000… Continue reading Cryptocurrency Price Update: Bitcoin Futures Increase While $10,000 Resistance Holds

The CEO of blockchain investment fund Pantera Capital Management has made the bullish claim that the cryptocurrency market could one day balloon to $40 trillion. Speaking during a panel interview on Bloomberg Television yesterday, Dan Morehead, the chief executive and founder of Pantera Capital, said that bitcoin ‘is a screaming buy right now.’ Last December,… Continue reading Pantera Capital CEO: $40 Trillion Cryptocurrency Market Cap Is ‘Definitely Possible’

Cent is a new project that attempts to blend the gig economy, social media and crypto. Can such a volatile mix work? Founders Max Brody and Cameron Hejazi think so, and judging from my own experience there, I think they are onto something. If Sci-Fi movies, futurists and political scientists agree on anything, its that… Continue reading Cent Is like ‘HotorNot’ For Brains

In a blog post on the 25th April, cryptocurrency exchange Gemini have announced plans to implement Nasdaq SMARTS market surveillance in a step towards “building a rules-based marketplace” and increasing trading oversight. The Nasdaq inc. technology provides a suite of visual tools for monitoring complex market data in order to rapidly detect manipulation and malpractice.… Continue reading Winklevoss’ Exchange Gemini Introducing Nasdaq SMARTS market surveillance