News

Months after heralding plans to build a “high-performance” decentralized exchange (DEX) on the then-dormant EOS, Bitfinex has plated up some fresh morsels of information on the project ahead of its beta release later this month. EOSfinex will facilitate a highly scalable network of peer-to-peer value exchange, unconstrained by borders and built around a foundation of […]

Making its way into the mainstream, blockchain continues to garner attention from governments around the world. On Sept. 13, the U.S. Commodity Futures Trading Commission (CFTC) partnered with the Monetary Authority of Singapore (MAS) in an effort to promote fintech innovation. ‘Joint Commitment to Grow the FinTech Landscape’ The signed agreement aims to support new […]

As the ideological fuel of blockchain, decentralization may have become the be-all-end-all for many members of the industry’s blossoming workforce. For all of the paradigm’s disruptive wonder, one startup is doing everything it can to bring the people of blockchain together—Seattle’s new blockchain co-working community, Block3 at Galvanize. Home to such monoliths as Microsoft and […]

Local cryptocurrency exchange operators in Mexico will now be required to secure a permit from the Bank of Mexico, according to the Diario Oficial de la Federación. Mexico Aims for Crypto Relevance The Mexican government is making quick strides to introduce cryptocurrency-specific regulations, presumably to fuel economic growth and to solidify its position as a significant […]

The South Dakota Division of Banking has approved BitGo Trust Company to serve as a public trust company in the state and qualified custodian for digital assets, according to a press release. Filling a Missing Piece of Crypto Market Infrastructure Through the approval, BitGo Custody will be able to offer secure, digital asset storage for […]

A leading Hong Kong jeweler will utilize blockchain technology to sell diamonds and other precious gems to customers, according to the South China Morning Post. Hong Kong Businesses Deploy Blockchain Chow Tai Fook, a Hong Kong-based jewelry retailer with locations in China, Vietnam and Singapore, has partnered with Everledger, a blockchain solutions provider, to promote transparency […]

Amid a multi-month downtrend, the price of altcoins and Bitcoin have fallen to yearly lows, pushing market sentiment to near bottom. While price action wanes, BitPay’s Chief Commercial Officer Sonny Singh maintains an optimistic outlook on Bitcoin. Bitcoin Gaining Institutional Traction Following the drastic Bitcoin price drop last week, Singh appeared on Bloomberg to discuss […]

Remittance payments are part of many foreign workers’ daily lives; however, traditional systems can be slow and costly. In Japan, there are approximately 45,000 Thai employees working around the clock to send money home to their families–and Ripple’s solution RippleNet is aiming to make the process easier. RippleNet, a decentralized global network for banks and […]

Following a multi-month downtrend, the price of Ethereum is recovering from yearly lows due to a boost in trading volume in the past 24 hours. Since Wednesday, Ether prices are up 15 percent. Ethereum Recovers Through Tether Trading Pair In the past five days, Ethereum prices began to uptrend as total trading volume across the largest cryptocurrency […]

Institutional solutions to cryptocurrency investing continue to take rise. As client demand increases, another major Wall Street firm is making plans to offer a new array of digital asset trading services. Morgan Stanley Expands Digital Asset Trading Services New York-based investment bank Morgan Stanley plans to launch Bitcoin swap trading services for clients, reports Bloomberg. […]