Coinbase to Add Altcoins, Sees Criticism from Crypto Community Coinbase has long been an integral part of the crypto industry. Launched in 2012, the exchange and infrastructure provider has become a way for hundreds of thousands, even millions, to interact with the ecosystems of Bitcoin and other digital assets. But,...
Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town, with the phrases “Libra” and “Facebook’s crypto/blockchain” gracing the notifications of the phones of millions across the world; effectively every mainstream media outlet...
Following the acquisition of an unidentified fintech company, major cryptocurrency exchange FTX has reached another landmark in its global expansion as the platform officially sets up shop in Australia. The news comes on the heels of an announcement from Australian authorities regarding a Digital Services Act geared towards regulating crypto...
Over the past few decades, individuals have begun to leave their home countries in search of work abroad. This has created the remittance industry — where these workers can send money home to their families. With the entrance of blockchain into everything, firms like Ripple Labs in San Francisco have...
Bancor, a Zug, Switzerland-based company focused on creating a protocol for converting and exchanging smart tokens, raised $153 million through an initial coin offering (ICO) in June 2017. The platform has also attracted a relatively large number of users to its decentralized token network in the past few years. However,...
If you have perused crypto Twitter over recent months, you have probably noticed a trend: Bitcoin is being seen by investors and analysts — both on Wall Street and on Main Street — as a potential safe haven in the ongoing trade war. In fact, an analysis by Quant Fiction...
Believe it or not, Bitcoin is only 53% below its all-time high near $20,000. Ethereum, on the other hand, hasn’t fared so well. The second-largest cryptocurrency, despite the recent rally in the cryptocurrency markets, is still down by over 80% from its all-time high above $1,400, which it reached during...
Binance Picks Up Ethereum, EOS, Tron, etc. dApp Analytics Firm According to an announcement published to Binance’s official blog on Tuesday morning, the company has formally acquired DappReview, “the world’s leading information and analytics platform for blockchain-based decentralized applications (dapps).” The sum of the deal was not disclosed, though the...
Zhao Dong, shareholder in digital asset exchange Bitfinex, is claiming that Tether Ltd intends to launch a USDT stablecoin version that will be backed by a set of commodities like crude oil, rubber, and the gold bullion. In statements shared with Cointelegraph, Dong revealed that issuing Tether (USDT) backed by...
Last week, Lightnet, a financial technology startup dabbling in blockchain technology (just like Ripple) that is based in Thailand, revealed that it had raised $31.2 million in a Series A round. Per an announcement from the company shared on Yahoo Finance, the Bangkok-headquartered firm received funding from UOB Venture Management,...
The R-word – recession – passed the lips of US president Donald Trump yesterday, and despite recent price action, that’s a positive for bitcoin. The consensus of analyst opinion is that there will not be a recession in the US this year or next. But, as we shall see, those comforting...
The initial coin offering (ICO) craze of 2017 generated billions of dollars for many blockchain startups. However, many of the projects were either scams or never managed to develop any useful products. But New York-based startup Celsius, which raised $50 million in cryptocurrency in May 2018 during its ICO, appears...
