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Byrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com) covers inflection points in finance and technology. In October, China’s President Xi Jinping said China should “seize the opportunity” to use the blockchain. To cryptocurrency advocates, this is exciting – and confusing.
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Singapore / Feb 17, 2020 – BitMax.io, a Singapore-registered digital asset trading platform with a global footprint, and Bithumb Korea, a South Korean-based cryptocurrency exchange, are pleased to announce a strategic global partnership leveraging their respective market presence and expertise. Founded by a group of Wall Street quant trading veterans in
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Ethereum venture studio ConsenSys is shifting focus – and downsizing as a result.The Brooklyn, N.Y., company announced at an all-staff meeting Tuesday that its latest restructuring would shrink the firm’s headcount by approximately 14 percent.“In the coming months, ConsenSys will finalize the transition from its venture production model and spin
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Sharing is caring!Leading Japanese financial services company SBI Holdings has invested $20 million in OpenLegacy, the market leader in microservice-based APIs for legacy and core systems with a focus on instituting Ripple-powered Moneytap, a blockchain-based payment application in Japan and globally and building Internet banking across SBI’s growing portfolio of Japanese banks. “OpenLegacy
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Ever since Facebook announced earlier this year that it was going to launch its own cryptocurrency, Libra, the token has been met with a lot of skepticism. Leading regulators at some of the world’s central banks, as well as United States President Donald Trump, have criticized different aspects of Libra. Major
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Binance, the second-largest crypto exchange by daily traded volume, has made a strategic investment in crypto derivatives exchange FTX.According to a Dec. 20 announcement, Binance has made both an equity investment in FTX and is taking a long term position in the exchange’s native asset, FTX Token (FTT). “Positive competition”Within
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LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) and its subsidiary uBUCK Technologies announced some exciting news this week that will offer the digital wallet and payment platform a major edge on its competition. uBUCK announced that it has signed an alliance agreement to form a strategic commercial relationship with Deltec Bank & Trust, a diversified
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For Binance, Mars Finance is the first strategic investment in China since 2017, when Beijing banned digital coin trading and the exchange withdrew from this market.One of the world’s most popular cryptocurrency exchanges Binance has made its first strategic investment in China. The company has invested in Mars Finance, a
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Cryptocurrency exchange Binance, the world’s largest by trading volume, has made a strategic investment in Chinese media and data source Mars Finance. According to a report from Bloomberg citing a press release, the investment amount was not disclosed, but
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Liven, the lifestyle rewards app that lets users spend and earn cryptocurrency rewards in over 1,000 restaurants across Australia, is introducing Bitcoin Cash into the LivenPay ecosystem. Meanwhile, Liven’s native
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