News

Blockchain is enabling a new era of frictionless payments and is disrupting multiple industries across the board–including art. Last month, Andy Warhol’s “14 Small Electric Chairs” was sold on decentralized auction platform Maecenas. First Multi-Million Painting Sold in Blockchain Auction Bidders on Maecenas purchased a 31.5 percent stake in Andy Warhol’s “14 Small Electric Chairs” painting […]

The People’s Bank of China (PBoC), China’s central bank, is expanding its blockchain technology and digital currency research efforts after several successful tests, according to CNStock. China’s Blockchain Push PBoC, the world’s largest bank by total assets, is increasing the scope of digital currencies- and blockchain-enabled finance in the Far East and has partnered with […]

With public adoption on the rise, cryptocurrency trading is expanding across the globe. On Sept. 7, Coinbase Pro will launch cryptocurrency trading support for its U.K.-based customers. Crypto Trading Pairs for GBP Introduced Coinbase Pro will introduce Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) and Bitcoin Cash (BCH) trading support using British pounds (GBP), according […]

A Queensland-based investment company has come under the Australian Securities Exchange’s (ASX) radar after seeking over $15 million in an initial coin offering (ICO) for a cryptocurrency exchange. A Suspicious Expansion Earlier this year, Byte Power Group (BPG), a conglomerate with interests in food and beverage, energy and cryptocurrencies, was issued a detailed questionnaire to […]

Abra, an all-in-one crypto wallet and exchange, has revealed its support for Single Euro Payment Area (SEPA) bank accounts, which will allow those living in the SEPA zone, including 28 EU nations, to make direct transfers from European banks to Abra wallets. Abra allows its users to buy and store 28 different cryptocurrencies and 50 […]

IBM has officially dipped its toes in the cross-border payments pool, having brought its long-awaited Blockchain World Wire payments system out of beta testing. According to the computing multinational’s website, the Stellar-powered system will be used by financial institutions settling cross-border payments “in near-real-time,” purportedly offering a faster, cheaper replacement for the banking intermediaries of today. […]

Emerging regulations and increasing investor interest have drawn Wall Street into the cryptocurrency sector. With a custody offering still in the works, investment bank Goldman Sachs is holding off on launching a Bitcoin trading desk. Direct Institutional Crypto Trading on Hold Hinting at it earlier this summer, Goldman Sachs executives have confirmed that it is […]

Last year, the inflation rate of ether, the native cryptocurrency of Ethereum (ETH), was around 17 percent. By 2022, it is expected to drop to near zero as the inflation rate continues to decline. Ethereum researcher Eric Conner explained that the release of every major hard fork or solution, such as Constantinople and Casper, will […]

The cryptocurrency market is in the midst of a selling frenzy, with Bitcoin, Ethereum and most altcoins experiencing a sharp and sudden drop in value. A major sell-off, which began at 4:40 p.m. UTC +7:00 on Wednesday saw total cryptocurrency market capitalization lose almost $12 billion in just one hour. While the crypto community may be […]

The security token offering, or STO as it is better known, has become more commonplace in today’s crypto fundraising market. As we all know, the initial coin offering (ICO) spawned a generation of technology enthusiasts that were looking to launch their currency in the open market, and in doing so, offer them at a cheaper […]