Tag: bitcoin

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China takes additional steps to digitise the renminbi

The People’s Bank of China files for multiple patents related to digital currency. China has been leading the way when it comes to digital payments by average consumers in the country. While such payments in the United States like Apple Pay are becoming more widely accepted, in nearby Japan such methods are still relatively rare.…
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Circle Continues Sell-offs as Voyager Digital Acquires Investment App

Circle, a Goldman Sachs-backed crypto startup behind USD-pegged stablecoin USDC, sells its crypto trading app to Voyager. Despite ongoing bullish movement in crypto markets, Circle continues to sell off wings of its business. Circle, a Goldman Sachs-backed crypto startup that launched USD-pegged stablecoin USDC, has agreed to sell its digital asset investment app Circle Invest…
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Reuters to Provide Fact-Checking for Facebook Amid 2020 US Presidential Elections

Major global publication Reuters has established a new unit in partnership with Facebook with the objective of identifying misinformation on social media. In partnership with Facebook, Reuters has established a new unit tasked with identifying misinformation on social media.  As Reuters reported on Feb. 12, social media giant Facebook’s Third-Party-Fact-Checking Program and the news outlet…
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Six Out of Forbes Top 50 Fintech Companies for 2020 Are in Blockchain

Forbes recently released its top 50 fintech companies for 2020, showing six blockchain and Bitcoin companies among the listed firms. Forbes released its Fintech 50 list this week, which included six blockchain companies among the media outlet’s compilation of top financial technology companies.  Carrying a “Blockchain and Bitcoin” category tag, Forbes listed Axoni, Chainalysis, Coinbase,…
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Here’s What Crypto-Related Lawsuits Can Teach Us

There’s a number of different ways one can get in trouble offering, selling or promoting unregistered and non-exempt tokens or coins, says Barrington Dyer, tech attorney and shareholder at Polsinelly law firm. But the past litigations can teach us a lesson on the blockchain law in the U.S. When it comes to the most active…
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A New Partnership Lets Institutional Investors Play OTC Crypto Markets

From a single point of access, institutional investors can trade over the counter. UK-based crypto lending and liquidity provider B2C2 is teaming up with SFOX, a leading U.S. crypto company serving institutional investors, according to a Feb. 12 press release.  This partnership is aimed at letting SFOX clients (including asset managers, family offices and high…
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Ethereum and Tezos Surge Most in Top 10 as Altcoins Rally

Both ethereum (ETH) and tezos (XTZ) surged overnight to post double-digit 24-hour gains, positioning them as two the best-performing cryptoassets among the top 10 coins both over the past 24-hours and for the week. As of pixel time (10:00 UTC), ETH is up by over 14% over the past 24 hours to a price of…
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Maybe Blockchain Engineering Is Not a Golden Ticket after All

Are international companies slowing down their once-relentless spate of blockchain hires? A recent report from jobsearch website Hired suggests that new augmented reality (AR) and virtual reality (VR) engineering jobs are coming up faster than blockchain engineering posts. The firm claims the demand for AR and VR jobs skyrocketed by a staggering 1,400% in 2019,…
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It’s No 100x, But It’ll Do: Coinbase Pro Re-Releases 3x Leverage

Coinbase Pro has launched 3x margin trading once again after removing the feature several years ago. Coinbase Pro, the cryptocurrency trading platform arm of U.S.-based exchange Coinbase, has unveiled 3x margin trading for select customers.  “Our leverage multiple is based on market analysis,” a Coinbase spokesperson told Cointelegraph in an email. “We are rolling this out…
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A Mailbomber in the Netherlands Wants a BTC Payment to Stop Blowing Things Up

Two letter bombs exploded in the Netherlands on Wednesday and someone wants a Bitcoin payment to make it stop. Two letter bombs exploded in the Netherlands on Wednesday and an anonymous criminal is asking for a Bitcoin payment to prevent future attacks, Dutch police say.  The first bomb went off at a postal sorting office…
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