News

On June 8, the South Korean Policy Advisory Council met to develop a regulatory framework for national cryptocurrency exchanges. Following the recent Coinrail Exchange hack, the South Korean government is imposing more stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to better protect investors. Cryptocurrency Exchanges Recognized As Financial Institutions With the intention […]

Coinbase — the second largest company in the cryptocurrency market behind $12 billion giant, Bitmain — is working with third-party custodians and hedge funds to bring institutional investors into the cryptocurrency market. In the past few months, prominent hedge fund managers and investors have indicated that institutional investors are waiting on the sidelines — struggling to […]

Distributed ledger technology and blockchain are poised to revolutionize many industries. Everyone is waiting for that “first killer app” in the blockchain space — an area where the strength of a distributed immutable ledger will fill an immediate need. A natural fit would seem to be the supply chain. The supply chain is the process […]

A Cornell University computer science professor has taken aim at the governance model of the rapidly-evolving EOS model, predicting that the way in which EOS handles security flaws will result in a large-scale exchange hack within the next year. Associate Professor Emin Gün Sirer, notable for launching one of the first Proof of Work-based cryptocurrencies […]

Earlier this year, Square began supporting Bitcoin as a payment method on its Cash app platform. Announced on June 18, Cash app was granted a BitLicense to offer access to instant buying and selling of the world’s leading cryptocurrency in the state of New York. Seventh BitLicense Ever Granted A stringent regulatory body, the New […]

With the cryptocurrency market enduring a gradual downtrend, the top coins by market cap remain stable – bouncing off of monthly support lows. In the past 24 hours, the total cryptocurrency market rose by $8 billion. At press time, 84 out of 100 top cryptocurrencies are in the green.

Alfa-Bank and Sberbank — two of Russia’s largest players in the banking market — are currently in the testing phase of cryptocurrency-based investment options geared toward its retail investors, local Russian news Kommersant reported back on June 15th. The two banks will be testing several products of private banking on the Bank of Russia regulatory […]

Several new top 35 cryptocurrencies received major exchange listings in the past week, including Binance listing Siacoin, Coinbase planning to list Ethereum Classic, Bithumb listing Cardano, Bitpanda listing IOTA, and OKEx listing Decred.

Throughout 2017 and early 2018, former hedge fund manager and financial analyst on CNBC, Jim Cramer, expressed his skepticism towards Bitcoin and the cryptocurrency market, encouraging investors to be cautious. This week, on CNBC Mad Money, Cramer emphasized that Bitcoin and PayPal are pressuring banks and major financial institutions already at risk of losing relevance […]

The disruption of the cumbersome supply chain industry by platforms such as Waltonchain, VeChain, and Ambrosus is evidence of the potential blockchain may have on centralized systems. However, the next industry to be revolutionized after the decentralization of the supply chain ecosystem may an unexpected one. Accountability and traceability are aspects of blockchain technology that are absent from […]