News

Blockchain-based point-of-sales systems provider Pundi X announced it would deploy over 1,000 payment systems in Colombia, a move that aims to interest in and adoption of cryptocurrency payments. Pundi X Going Strong As noted on an August 18th Medium post, Pundi X is partnering with local firm Manticora Capital to distribute its systems in the crypto-friendly […]

Divyesh Darji, the alleged Asian head of defunct cryptocurrency platform BitConnect, was arrested by Indian authorities at Delhi Airport on August 18. The arrest is set to provide a modicum of justice to those affected by what has been dubbed the biggest scam in cryptocurrency history. Local news media reports Darji was arrested after his […]

Martin Köppelmann, the founder of Ethereum-based prediction market platform Gnosis, said that despite the decline in the price of Ether, the Ethereum network is growing rapidly. According to Köppelmann, the most important metric to consider in analyzing the growth of Ethereum is the performance of decentralized applications (dApps) and the interconnectedness of dApps on the […]

The cryptocurrency market is showing signs of recovery from a recent slump that saw Bitcoin descend below $6,000 in July 2018 as positive investor sentiment returns to the ailing blockchain ecosystem.

The CEO of Switzerland’s largest stock exchange, Thomas Zeeb, speaks on the bourse’s latest strategic decision. Last week, SIX Trading made waves after announcing intent to offer cryptocurrency trading to institutional investors. While the news sparked a bounce in the prices of several digital currencies, Zeeb is back with new statements on the topic. As […]

Despite waning prices and never-ending scalability debates, the Ethereum protocol continues to rake in massive revenues for network miners, with figures confirming $2.5 billion-a-year payouts. Ethereum Miners Rake in Big Money According to a report on TrustNodes, mining revenue accounts for about 8.3 percent of Ethereum’s market cap – which stands at $30 billion at […]

In the past eight months, the valuation of the crypto market has declined by more than 76 percent, from $900 billion to $215 billion. Yet, crypto hedge funds have raised more money than ever before. Demand is Accelerating on a Downtrend In July 2018, Barry Silbert’s Digital Currency Group subsidiary investment company Grayscale disclosed raising […]

Despite falling prices of cryptocurrencies like Bitcoin and Ether, a few market analysts believe 2018’s extended bear market is a mere price correction, and so-called Bitcoin “obituary” reports are “greatly exaggerated.” Exchange Fees Indicate Market Interest According to a report on Bloomberg, Sanford C. Bernstein & Co. analysts pointed out the massive revenues of cryptocurrency […]

Digital asset exchange Coinbase continues to make strides in streamlining user access to cryptocurrency payments and trading, following an application for a direct bitcoin payments system patent, filed Aug. 14. Making Bitcoin Payments More Convenient and Secure San Francisco-based startup Coinbase is seeking to solve the security issues surrounding direct bitcoin wallet payments, according to […]

Axoni, a New York-based enterprise provider of blockchain technology, has completed a $32 million Series B funding round. Major players took part in the funding round including  Goldman Sachs, NYCA Partners, Digital Currency Group, J.P. Morgan, Wells Fargo, Citi and Andreessen Horowitz. The funding round was announced on Axoni’s official blog, Aug. 14. Founded in […]