Fidelity Investments hires product specialist to oversee the company’s strategy on cryptocurrencies, custody and execution services. Fidelity Investments has hired Michael Zinaman as its product specialist to further develop a range of products in the company. Fidelity’s strategy on cryptocurrencies On Nov. 12, the Block reported that Michael Zinaman had joined financial services company Fidelity…
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The price of Bitcoin hovers around the $8,800 price mark as the market is mostly trading sideways today. Tuesday Nov. 12 — Cryptocurrency markets are largely trading sideways with many changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the…
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Cryptocurrency exchange Bitfinex is considering launching options trading and a gold-backed stablecoin, dubbed Tether Gold. According to an executive, cryptocurrency exchange Bitfinex is planning to launch options and a gold-backed stablecoin, among a host of new products. New range of products In a Nov. 12 appearance on the Scoop, Paolo Ardoino, CTO of Bitfinex and…
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As worldwide regulators continue to stonewall the Libra stablecoin project, Facebook moves forward with Facebook Pay, a new fiat payment system. As the Libra stablecoin project continues to face a hostile audience of regulators, Facebook launches a new fiat payment system called Facebook Pay. Empower people everywhere to buy and sell things online On Nov.…
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Blockchain development in China will see a compound annual growth rate of 65.7% from 2018 to 2023, according to new research by IDC. China’s spending on blockchain technology will exceed $2 billion in 2023, official state-run publication Xinhua reported on Nov. 10. The report claims that blockchain development in China will see a compound annual…
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Bjarne Stroustrup, the creator of C++ programming language, has vented his frustration about the use of C++ in Bitcoin mining operation. Bjarne Stroustrup, a Danish computer scientist and the creator of C++ programming language, has vented his frustration with use of C++ in Bitcoin (BTC) mining. Stroustrup made his remarks during an interview for Lex…
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Binance became the first cryptocurrency exchange to implement a new fiat gateway from stablecoin operator Paxos. Leading cryptocurrency exchange Binance became the first cryptocurrency exchange to implement the fiat gateway of stablecoin operator Paxos. On Nov. 12, Paxos announced the launch of its Fiat Gateway, a service that allows its users to swap between dollars…
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Analyzing cryptocurrency exchange users and their preferences, Beijing-based token data and rating agency TokenInsight found that people’s number one concern when choosing and using an exchange is safety. For the exchange personas section of their latest cryptocurrency exchange industry research report for the third quarter of 2019, TokenInsight collected 207 Read more »Pay/Trade/Buy Bitcoin with…
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VeChain broke above its long-term downtrend in a move which could be followed by a new bull cycle for the altcoin? While the majority of crypto traders are discussing a variety of bullish and bearish perspectives on Bitcoin (BTC), many altcoins are jumping around and making significant moves. One of them is VeChain (VET), which…
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From coin killers, over private messages, to stacking sats. The Cryptoverse rests on innovation and innovative technology. It’s no wonder then that we often see interesting new gadgets or digital solutions to existing problems, or the problems we didn’t even know exist. Occasionally, we’re even witnesses to massive strides in the evolution of technology. This…
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