Tag Archives: Cryptocurrency
Bitcoin Marks Its 10th Anniversary As The US SEC Postpones Bitcoin ETF Approval
Bitcoin is marking ten years since it was established. Although no one knows for sure who invented it, there is a widespread belief and reports that suggest that Satoshi Nakamoto was the brain behind Bitcoin Blockchain and Cryptocurrency based on his whitepaper. Meanwhile, almost coincidentally, the US Securities and Exchange Commission (SEC) has postponed its […]
A Global Body Has Been Established To Promote Standards Of Conduct In Crypto Industry
For any industry to thrive, there has to be a code of conduct that participants follow. This has been lacking in the Cryptocurrency industry and many critics have been referring to it as the wild west of the modern age. However, this is about to change following the establishment of the Global Digital Finance (GDF) […]
Coinbase Raises Another $300 Million For Expansion
Coinbase Cryptocurrency exchange has revealed that it has raised $300 million that will be used in its expansion program. The amount raised in series E equity funding has increased the brokerage service’s market valuation to $8 billion. The company has an ambitious plan to list more Cryptocurrencies and make the digital assets accessible to more […]
Canada-based Mining Geek Revolts Cloud Mining Market
Nuvoo, which is undoubtedly Canada’s largest Cryptocurrency mining company, is now strategizing to emerge as the global top platform for profitable and convenient mining of cryptocurrency. Nuvoo has just introduced a brand new Bitcoin contract, which is set to transform the game for the entire market. This new contract comes with a month-to-month concept that […]
A Colombian Delivery Service Startup To Add Bitcoin
Rappi customers will now be able to buy Bitcoin on the company’s platform. A local news outlet has said that although this new feature will not be available on Rappi App, those willing to purchase the Cryptocurrency will sign up once this feature is enabled. The delivery service startup was launched in Colombia in 2015 […]
India Looking Into State-Backed Cryptocurrency
A panel created under the Ministry of Finance in India, whose main aim was to come up with a regulatory framework applicable to Cryptocurrencies like Bitcoin, has been said to be in the process of recommending for a government-backed Cryptocurrency instead. Government To Develop Own Blockchain Network According to a Quarts report, a senior official […]
Coinbase Will Attain $8 Billion Valuation After Hedge Fund Investment
Coinbase will attain $8 billion valuation after a U.K hedge fund, Tiger Global that usually invests in multinational consumer brands, invests $500 million in the startup. The hedge fund is currently considering doing this which will significantly boost the crypto market’s credibility. This information was provided to Record. Once the investment is completed, Coinbase will become […]
Cryptocurrency Exchanges In Brazil Get Questionnaires From The Regulator
Brazil’s Administrative Council for Economic Defense (CADE) has sent a questionnaire to the 10 Cryptocurrency exchanges in the country and an OTC trading desk. Portal do Bitcoin, a local news outlet has said the exchanges have up to October 19 to fill the questionnaire or face a fine of up to $25,000. The Cryptocurrency exchanges […]
Beijing Sci-Tech Report To Accept Bitcoin For Subscription From 2019
China’s oldest technology publication, the BSTR (Beijing Sci-Tech Report) has announced that that it will soon be accepting Bitcoin through its platform. As of next year, 2019, BSTR will be offering its yearly subscription at a crypto price of 0.01 BTC which is equivalent to $65. The Ban On Crypto Sector In China In its […]
A Crypto Lobbying Group To Be Partially Paid In Cryptocurrency
Klein/Johnson Group has been hired by various Crypto-related firms in the United States to represent their interests to both the lawmakers and regulators. The Washington-based lobby group will be getting its payment in USD and XRP. There are fears that the current confusion in the world’s largest economy about Cryptocurrencies is driving more Crypto firms […]