News

As the industry matures, an influx of institutional investors continues to pour into the cryptocurrency market. Announced July 31, investment banking giant Morgan Stanley hired a former Credit Suisse VP to head its digital assets division. Morgan Stanley Eyes Developing Digital Economy Morgan Stanley is hiring Credit Suisse’s VP of Sales and Innovative Trading Andrew Peel […]

The Coinbase-backed venture, Fuel Games, recently launched the presale of Gods Unchained, the world’s first blockchain-based eSports game. The competitive trading card game hopes to break into the lucrative eSports industry and possibly kickstart a whole new generation of blockchain-based gaming. With the eSports industry projected to be worth around $1.4 billion by 2020, and […]

On July 30, 2018, the IOHK Foundation announced the launch of the second Cardano testnet, the IELE virtual machine (VM) smart contract update. Cardano “IELE” As published on their official website, developers can now experiment with smart contracts technology based on the Cardano blockchain and test it for bugs and other nuances which can be […]

Valve, the parent company of popular gaming marketplace Steam, redacted a nefarious indie game that allegedly deployed cryptocurrency mining malware on user computers under the guise of an interactive application. Simple Game, Complicated Code As reported by VG24/7 on July 30, 2018, the game, called “Abstractism,” forced a victim computer to dedicate computing resources to […]

IBM with CLS – a foreign exchange settlement provider handling $5 trillion a day, launched a trial with a number of leading financial institutions to test their ‘LedgerConnect’ platform for blockchain-based applications. Announcing the collaboration on its website, IBM unveiled the pair’s new blockchain ‘app store’ — a “managed” platform aiming to make it easier […]

Several cryptocurrency investors and analysts believe the first Bitcoin exchange-traded fund (ETF) will not hit the US markets until 2019, regardless of the involvement of VanEck and Cboe. Why is 2018 Unlikely? Last week, the US Securities and Exchange Commission (SEC) officially rejected the Bitcoin ETF proposal of the Winklevoss twins, who operate Gemini, a […]

The Chamber of Digital Commerce (CDC), an American advocacy group released a collaborative research effort on July 30, 2018, containing several proposed guidelines to ensure a “responsible growth” of the burgeoning cryptocurrency industry. CDC’s Digital Token Push As published in an official press release, the report titled “Understanding Digital Tokens: Market Overviews & Guidelines for […]

An early Bitcoin bull and former Wall Street trader, Mike Novogratz is bringing cryptocurrency to institutional investors. Following a crypto bear market, Novogratz’s merchant bank Galaxy Digital LP listed on Canadian stock exchanges today, August 1, 2018. Galaxy Digital Makes Its Debut Following Q1 Loss Novogratz cryptocurrency-focused merchant bank Galaxy Digital LP will be available […]

Cryptocurrency trading platform Bittrex announced the start of the second phase of USD trading support, making USD trading, deposits, and withdrawals available to customers outside of the US and in selected US states. The launch of fiat trading for international traders and Bittrex customers in California, New York, Montana, and Washington state will allow qualified […]

Cryptocurrency is rapidly gaining traction as a global medium of payment. On July 29, 2018, Gibraltar United football team announced that it will pay its players in cryptocurrency next season. First Football Team to Pay in Crypto Gibraltar United made the industry-forward decision to become the world’s first football club to pay its players in […]