News

Despite the world’s top banks and financial institutions taking periodic jabs at the cryptocurrency market, a behind-the-scenes look suggests substantial interest. With the rising number of blockchain patents, crypto experiments and cross-border blockchain remittances, cryptocurrencies are an asset class the banks can show disdain toward, but not avoid. Two-Faced Banking Show The CEOs of two […]

Turkey’s cryptocurrency exchanges have seen an influx in trading volume after the nation’s currency, lira, nosedived to an all-time low against the dollar. In the past week, all of the country’s top exchanges have reported sudden user hikes, with Koinim, Btcturk and Paribu reporting gains of more than 100 percent on Aug. 13, the day of lira’s record […]

Built on Ethereum, AirSwap is one of the first decentralized exchanges to gain public adoption as a peer-to-peer value transfer network. On Aug. 15, AirSwap is revealing a new OTC trading product for mainnet rollout. AirSwap Introduces Conversational OTC Trading Founded in 2017, AirSwap became a leader in decentralized exchanges (DEX) by offering frictionless peer-to-peer […]

According to prominent venture capital investor Chris Burniske, the crypto market fell by nearly 80 percent in 2018 due to the lack of adoption of major digital assets. Throughout 2017, Bitcoin, Ripple, Ethereum, Bitcoin Cash and the majority of cryptocurrencies experienced a rapid increase in their valuation, recording 1,000 to 30,000 percent gains within a 12-month […]

Brian Armstrong, chief executive of San Francisco-based Coinbase appears to be unfazed by the market’s undisguised downturn, and has stated his cryptocurrency exchange was signing up 50,000 new members a day last year. After shedding $60 billion in one week, market capitalization now has late investors firmly in the red. Early adopters may also be […]

Blockchain startups are disrupting industries worldwide through solutions for data transparency, storage and security. On Aug. 15, venture capital firm Pithia confirmed an investment deal with blockchain startup Lucidity. RChain Ecosystem to Support Lucidity Venture capital firm and RChain Cooperative partner Pithia Inc. has announced an investment in Lucidity. Through the investment, Lucidity, a scalable […]

Unveiled Aug. 10, the KuCoin ambassador program will allow crypto-industry experts to suggest new blockchain and cryptocurrency projects for listing on the exchange. On Aug. 14, the exchange revealed its first ambassador–crypto influencer Ian Balina. KuCoin Welcomes Crypto Influencer KuCoin, a Singapore-based cryptocurrency exchange, has signed on crypto influencer Ian Balina to join the company’s […]

The European Parliament’s Committee on Economic and Monetary Affairs has called for the creation of strict regulations pertaining to initial coin offerings (ICOs). Parliament Members Call for Regulations In a report published Aug. 10, select Members of the European Parliament (MEP) presented their opinions and comments on regulating and legalizing token issuance platforms and businesses […]

West Indian fintech startup Bitt has entered a Memorandum of Understanding (MoU) with Sint Maarten and the Central Bank of Curaçao (CBCS) to explore the possibilities and advantages of introducing a state-backed digital currency. Micro-Revolution Underway As indicated in an official press release, dated Aug. 12, the MoU will be primarily used to facilitate the transfer […]

Spearheading development to establish Jeju Island as a blockchain and cryptocurrency hub, Governor Won Hee-ryong issued a formal request to the Korean government, Aug. 14, to designate the island as a special economic zone for the burgeoning digital asset sector. ICO Regulations Pitched to Government According to Korea Joongang Daily, Hee-ryong held a meeting with high-ranking […]