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Global Blockchain Tech Market to Surpass $16B by 2024

The global blockchain technology market is estimated to surpass $16 billion by 2024, according to a recent report from market research firm Global Market Insights, Inc.The reportIn a Sept. 20 press release, Global Market Insights provided highlights from its 180-page-long report entitled "Blockchain Technology Market By Providers (Infrastructure Provider,

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Upbit Exchange Delists Privacy Coins Due to Money Laundering Concerns

South Korean cryptocurrency exchange Upbit announced that it will cease trading support for six cryptocurrencies, including some so-called privacy coins.Block the possibility of money launderingIn a Sept. 20 notice, UpBit announced that the exchange will delist and cease trading support for Monero (XMR), DASH, ZCash (ZEC), Haven (XHV), BitTube

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Former Iced Tea-Turned-Blockchain Company Sells Beverage Subsidiary

Long Blockchain Corp., previously named Long Island Iced Tea, has reached a definitive agreement to sell its beverage subsidiary, Long Island Brand Beverages.Lemonade company adds blockchain to its nameIn a Sept. 20 press release, Long Blockchain announced the sale of its beverage subsidiary to Canadian firm ECC2 Ventures. Andy Shape,

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Analyst Predicts Bakkt Will Build Trust in Crypto Markets

Prominent analyst Tom Lee believes the launch of Bakkt will help build trust towards crypto trading among institutional investors. Lee, a renowned Bitcoin bull and co-founder of the research firm Fundstrat, tweeted his enthusiasm for the long-awaited crypto services platform: “I am very positive on @Bakkt and its ability to improve trust with

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