News

Despite recent exchange hacks, the blockchain industry continues to thrive in countries worldwide. On June 21, 2018, the South Korean government announced intent to invest over $200 million into blockchain initiatives by 2022. Cryptocurrency Wanes, Blockchain Thrives On June 21, the South Korean Ministry of Sciences and ICT announced their “Block Chain Technology Development Strategy” – […]

With cryptocurrency growing more prevalent in the mainstream, the SEC is taking action to regulate ICOs as securities. On June 18, 2018, the SEC received a court order to freeze the assets of the PlexCoin founders under allegations of false marketing and fraudulent activity. Wild West of ICOs Coming to an End Reported by Crowdfund […]

Stellar Lumens is currently discussing the possibility of acquiring Chain — a San Francisco-based startup building cryptographic ledgers for the finance industry. Although it’s unclear how Stellar will utilize this technology, the 7th largest cryptocurrency is willing to part with $500 million worth of XLM for the purchase, according to Fortune. Such a sum is certainly […]

In early May 2018, Goldman Sachs confirmed plans to launch a Bitcoin futures trading desks to meet client demand. With cryptocurrency gaining traction in the investor community, one of the largest U.S. investment firms is now considering expanding its cryptocurrency division beyond Bitcoin futures. Goldman Sachs COO: ‘Evolve and Adapt’ Initially reluctant to join the cryptocurrency […]

Circumstantial evidence of insider trading and fabricated volume on major crypto exchanges has catalyzed renewed focus on decentralized exchanges — or DEXs — as the future of crypto trading platforms. However, can the present issues within the current market paradigm be solved? The crypto community has recently been rocked by a series of accusations leveled […]

Cryptocurrency markets continue to find support near monthly lows. Amidst positive announcements, exchange hacks, and mainstream adoption, the cryptocurrency sector is moving into the public view. At press time, 74 out of the 100 top cryptocurrencies are in the green.

The world’s largest brewer, Anheuser-Busch InBev (AB InBev) is an age-old brewing company that has long-valued tradition but is now looking to expand through innovation. Announced on June 18, 2018, AB InBev partnered with Kiip to launch a series of ad campaigns using Ethereum to track marketing data. A Milestone in Blockchain Integration Taking a disruptive approach […]

USD-paired stablecoin Tether released a report that indicates the company behind USDT does possess sufficient capital to back each individual token on a 1:1 basis. The report, released in full by Tether, demonstrates that Tether held — at one point — currency reserves that match the number of USDT in circulation. The Tether Transparency Update — […]

Grammy-nominated artist, producer, and entrepreneur, Aliaune Damala Badara Thiam, better known as Akon, recently announced the launch of his own cryptocurrency Akoin. In addition, Akon shared plans to build a first of its kind, 100% crypto-based city in Africa. The new city will be built on a 2000-acre plot gifted to him by the Senegalese […]

Coinbase CEO Brian Armstrong has taken to Twitter to a share a motivational message to employees and the crypto community, encouraging them to stay optimistic through the wild fluctuations of the cryptocurrency market and stating that downturns and bear runs are the ideal time for Coinbase to make progress as a company. In a series […]