Cryptocurrency Analysis and News Portal
The German bank BayernLB has published a report on Bitcoin (BTC) vs gold in which it predicts a big leap for BTC in 2020.Bitcoin outshining gold?On Oct. 1 the Munich-based bank BayernLB published its latest research report that seems to suggest that the forthcoming Bitcoin halving effect hasn’t yet
Read More
BlackRock and Goldman Sachs veteran Howard Surloff has joined major crypto wallet provider Blockchain.com as general counsel.Over 25 years in traditional financeAfter serving over 25 years the two of the world’s largest and most respected financial institutions, Surloff will now be responsible for advancing Blockchain’s standard for legal, compliance
Read More
Messaging giant Kik has been embattled in a fierce exchange with the United States Securities and Exchange Commission (SEC) over the last year for a token fundraising run in late 2017. The latest news, confirmed by Kik CEO Ted Livingston, reports that the firm will shut down the Kik
Read More
Newly leaked audio from Q&A sessions between Facebook’s CEO and employees revealed Facebook’s early strategy for Libra launch.One month after releasing Libra’s white paperOn Oct. 1, tech news agency The Verge published audio and text from recent internal meetings at Facebook where CEO Mark Zuckerberg answered employees’ questions about
Read More
The Global Currency Organization (GCO) is launching a new U.S. dollar-backed stablecoin, dubbed the USD Digital (USDD).In an Oct. 1 press release shared with CryptoX, the GCO announced the launch of the USDD, a new stablecoin pegged to the U.S. dollar. The organization, which is a new project led
Read More
Craig Wright continues to befuddle in the cryptocurrency space. The controversial computer scientist who maintains his identity as the one and only Satoshi Nakamoto recently spoke at the CoinGeek conference in Seoul on ‘The Power of Bitcoin SV Scaling’. The conference, which hosted a multitude of speakers, saw
Read More
The SKALE Network, decentralized Ethereum-compatible network, has completed a $17.1 million funding round for mainnet launch.Solid global backingBacked by the Liechtenstein’s Node Foundation and United States-based SKALE Labs, the SKALE Network now has over 40 investors in the U.S., European Union, Japan, Korea, Hong Kong and Singapore, according to
Read More
The Securities and Exchange Commission (SEC) has brought down the hammer on crypto once again, announcing a $24 million penalty on blockchain company Block.one. Yesterday brought equal measures of hope and despair for the cryptocurrency market. A new rating system for cryptocurrency classification sprung up, looking to bolster
Read More
Six major Japanese brokerage firms such as SBI Securities and Rakuten Securities officially established Japan Security Token Offering (STO) Association.The four other members of the new association include Nomura Securities, Daiwa Securities, Kabu.com Securities and Japan’s financial giant Monex, who officially announced the news on Oct. 1.Headquartered in Tokyo,
Read More
Major cryptocurrency exchange Binance’s newest research supports the theory that the launch of institutional trading platform Bakkt partly caused Bitcoin to drop 20%.In the latest edition of its markets overview, Binance Research, the exchange’s analytics arm, singled out Bakkt as the principal event which occurred just before Bitcoin’s price
Read More