American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. American financial services company Fidelity Investments has fully launched its cryptocurrency custody service. Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll…
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JPMorgan Chase CEO Jamie Dimon said that Facebook’s not-yet-released Libra stablecoin is “a neat idea that will never happen.” JPMorgan Chase CEO Jamie Dimon has said that Facebook’s not-yet-released Libra stablecoin is “a neat idea that will never happen.” Dimon delivered his comments during a speech at the Institute of International Finance conference on Friday,…
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MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab sees the long-term potential of Kik and Kin token On Oct. 18, in a blog post…
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Blizzard’s ban of Bitzchung for expressing his political views triggers community outrage. Is the blockchain coming to the rescue? The gaming world burst into an outrage as a result of Blizzard’s move to expel a leading professional gamer from Hong Kong, Chung Ng Wai (aka Blitzchung), from its international Hearthstone esports tournament. Hearthstone is an…
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Abigail Johnson, CEO of Fidelity Investments. Source: a video screenshot, Youtube, Bloomberg Markets and Finance The US-based mutual fund giant Fidelity rolled out its much-anticipated crypto custody solution. The company made a splash a year ago when it announced the launch of a separate company, dubbed Fidelity Digital Assets, with the goal to offer the…
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The Cryptoverse has been holding breath this week waiting for the 18 millionth bitcoin (BTC) to be mined today, while the #3MillionLeft hashtag is spreading on the Crypto Twitter as a reminder of bitcoin’s scarcity. However, this hashtag misses an important point – time. (Updated at 16:52 UTC: numbers in the fifth paragraph have been…
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Poloniex is spinning out from Circle to set up a new exchange, Polo Digital Assets, and increase its competitiveness in the market. United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S. New firm receives backing from Asian investment…
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Archax, a London-based digital exchange, will use R3’s Corda technology to manage post-trade activities. Archax, a London-based digital securities exchange, will use blockchain software firm R3’s Corda technology to manage post-trade activities. On Oct. 18, Archax announced in a press release that its post-trade processes will now run on distributed ledger technology. Archax will use…
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The CEO of Ripple, a California-based blockchain startup focusing on payment technologies, Brad Garlinghouse, had three interesting statements to share in a recent interview: the amount of cash Ripple has in the bank, the number of deals it makes a week, and the CEO’s opinion on Facebook’s Libra. At the annual subscriber summit, held by…
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Huobi has launched a fiat onramp for the Turkish Lira that will allow users in the country to trade cryptocurrencies on Huobi Global. Singapore-based crypto exchange Huobi will launch a fiat gateway for the Turkish lira in late 2019. Huobi’s fiat onramp for lira will be the first fiat gateway launched by a global exchange,…
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