Major cryptocurrency exchange Binance is looking for managerial staff to establish its offices in Istanbul, Turkey. Major crypto exchange Binance is looking for managerial staff to establish its office in Turkey, according to job postings on LinkedIn. Binance listed a total of five open positions on its LinkedIn company page as of Dec. 6 to…
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CryptoBridge DEX went out with a bang, citing market conditions and increased regulations. Should others be worried? Earlier this week, decentralized cryptocurrency exchange CryptoBridge abruptly announced that it was shutting shop, leaving just two weeks for its customers to retrieve their funds. Around the same time, the Waves DEX also shut down to resume operations…
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San Francisco-based cryptocurrency exchange Kraken is adding support for its latest fiat asset, the Swiss franc. San Francisco-based cryptocurrency exchange Kraken is adding support for its latest fiat asset, the Swiss franc (CHF). According to a blog post on Dec. 5, Kraken said that in collaboration with Liechtenstein-based Bank Frick, the Swiss franc will join the…
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The forces that hold the fiat money system together look fragile and, over the next decade, some of these forces could begin to unravel and demand for alternative currencies, from gold to crypto, could take off, German banking giant Deutsche Bank said in its recent report Imagine 2030. “While critics bemoan cryptocurrencies as constrained by…
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By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank. By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank. In the “Imagine 2030” report, Deutsche Bank strategist Jim Reid raised…
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Canada-based cryptocurrency mining company Great North Data has reportedly submitted a bankruptcy filing due to insolvency. Canada-based cryptocurrency mining company Great North Data has submitted a bankruptcy filing, purportedly due to insolvency. As the Canadian Broadcasting Corporation reported on Dec. 4, Great North Data — which operated crypto mining facilities in Labrador City and Happy…
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BitFlyer introduces Instant Buy on its European exchange platform, allowing users to buy crypto using a credit card, debit card or local instant transfer. Tokyo-based cryptocurrency exchange bitFlyer announced the launch of ‘Instant Buy’ on its European exchange platform. BitFlyer launched its latest feature Instant Buy on Dec. 5 to provide its European users with…
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Known crypto-hater U.S. Congressman Brad Sherman is elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. The anti-crypto United States Congressman Brad Sherman (D-CA) has been elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. On Dec. 5, Chairwoman of the House Financial…
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Source: a video screenshot, YouTube, Bloomberg Markets and Finance This is a lecture by Agustín Carstens, General Manager of the Bank for International Settlements, held at Princeton University, Princeton, New Jersey, USA, on December 5, 2019. Main highlights: (Read the whole text below) Theoretically speaking, money is a social convention, hence anything could serve as…
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After retracing the Dec.4 10% rally to $7,800, Bitcoin bulls are now attempting to push the price above $7,500 for another shot at $8K. On Dec. 4, Bitcoin (BTC) unexpectedly rallied hard from $7,080 and over the next 5 hours the digital asset had moved 9.92% to trade for $7,788. The strong surge briefly broke…
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