News

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 […]

Since the internet’s inception, users have given away personal information to websites without realizing that it could be kept in centralized storage and monetized without their consent. Democratizing Identity Layer Solutions Seattle-based LifeID is aiming to disrupt online identity by enabling individual users and blockchain networks to take ownership of their digital identities through a […]

According to cryptocurrency researcher Dovey Wan, the decentralized prediction marketplace Augur sold around 1 million Ethereum at $0.7 immediately following its fundraising round. If Augur had sold its Ethereum reserve on the upside, in the $1,000 to $1,500 region, the $700,000 it obtained two years ago could have been worth $1 billion to $1.5 billion. […]

A property-backed token, possibly representing the world’s largest area yet, will soon come to fruition in Australia, reports the Sydney Morning Herald. Crypto a Saving Grace Fifteen kilometers off the coast of Queensland, the abandoned Great Keppel Island was initially envisioned as a tourist destination for locals and expats alike before fading into oblivion. However, a […]