News

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. […]

In the onset of emerging regulations, cryptocurrency exchanges are looking to legitimize their services. On Sept. 12, Bain Capital Ventures invested $15 million in Seed CX, a licensed institutional digital asset exchange, during a Series B funding round. First Institutional Crypto Exchange Takes Charge According to a press release, Seed CX raised funds from several other […]

The war for stablecoin supremacy has a new competitor with CarbonUSD, a new regulated platform launched on Ethereum’s blockchain. It’s a step for Carbon that CEO and co-founder Sam Trautwein says will bring the company closer positioning its algorithm protocol on Hedera Hashgraph. Inside CarbonUSD Built in compliance with legal groundwork, and fully collateralized and […]

With increasing regulatory scrutiny, several cryptocurrency exchanges are seeking to open regulated security token markets across the globe. This week, Binance and Malta Stock Exchange confirmed a partnership to launch a new security token trading platform, reports Malta Today. Malta As Hub for Blockchain Innovation The world’s largest cryptocurrency exchange by trading volume, Binance, is […]

Cryptocurrency pioneers are beginning to bare their teeth as competition and partnerships set new standards on a daily basis. Justin Sun, founder of the Tron Foundation, faced general criticism from peers shortly after announcing a new deal with Satowallet. Tron and Satowallet: The Sky’s the Limit This week, Ethereum co-founder Vitalik Buterin made statements that […]