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Tron Founder Justin Sun Admits Investment in Crypto Exchange Poloniex

Tron founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Sun said he was one of the investors who acquired…
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UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan

American logistics giant UPS partnered with agritech firm HerdX to trace the journey of beef from the U.S. to Japan. American logistics giant UPS has successfully delivered a blockchain-verified beef shipment from the United States to Japan. The company partnered with agritech firm HerdX to incorporate its packaging technology into a blockchain network to trace…
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Google Joins New Banking Race, Stressing Bitcoin’s Importance

The financial world, where cryptocurrencies are trying to change the rules, is becoming even more interesting and dynamic. After social media giant Facebook launched its unified payment service on Tuesday, personal finance and banking world will allegedly welcome yet another tech giant – Google. While the concerns are raised yet again over centralization, data  Read…
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‘Bitcoin is a Safe Haven’ Narrative Got into Trouble – Analysts

Recent developments in global traditional markets and bitcoin’s (BTC) moves complicate the narrative that the price of the most popular cryptocurrency benefits from safe haven capital flows, crypto market analysis firm Coin Metrics said. “Recent firmness in macroeconomic indicators confirm that fears of a global recession are overblown and optimism for a  Read more »Pay/Trade/Buy…
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EToro’s Platform EToroX Lists Dash and Seven Stablecoins

eToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins. EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now…
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‘Altcoin Hype Has Largely Died Off’ – Kraken CEO

Jesse Powell, CEO of major U.S. cryptocurrency exchange Kraken, believes that the hype surrounding altcoins in the Cryptoverse is at its dying breath. “Altcoin hype has largely died off,” said Powell in a recent interview with Ivan on Tech, a popular YouTuber. He explained his view by saying that a vast majority of the altcoins,…
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This Transparent Trader Among the Best on BitMEX, Handles USD 1B Daily

Source: iStock/da-kuk Alameda Research, a quantitative trading firm and parent company of cryptocurrency derivatives exchange FTX, finds that anonymity can be sacrificed for a marketing opportunity. The firm decided to have its trading performance posted on BitMEX exchange’s leader board under their real name back in early 2019. They wanted clients and other exchanges to…
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EToro’s Crypto Exchange EToroX Lists Dash and Seven Stablecoins

Last week, the president of Venezuela appeared on national television holding a Trezor wallet. Was it just a stunt? Last week, the president of Venezuela, Nicolás Maduro, appeared on national television approaching a Trezor-branded stall at a local technological fair. He seemed perplexed as to what exactly a hardware cryptocurrency wallet is supposed to do.…
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Bakkt Plans to Roll Out Cash-Settled Bitcoin Futures Contract

Bitcoin futures trading on the Intercontinental Exchange’s Bakkt platform will expand to include a cash-settled option, COO Adam White has revealed. Bitcoin (BTC) futures trading on the Intercontinental Exchange (ICE)’s Bakkt platform will expand to include a cash-settled option, COO Adam White has revealed. Speaking at the Invest: NYC conference on Nov. 12, White reportedly…
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Crypto-Friendly Mobile Banking Firm Revolut to Attempt Raising $500M+

British cryptocurrency-friendly mobile banking firm Revolut is negotiating with investors to raise at least half a billion dollars. British mobile banking firm Revolut is negotiating with investors to raise at least half a billion dollars next year, Reuters reports on Nov. 12. Since the end of 2017, Revolut’s app has allowed its users to complete…
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