News

Big banks and traditional financial institutions who stand to lose out the most from the blockchain revolution remain opposed to the growth of decentralized currencies — but recently released data demonstrates that slow-moving centralized financial structures are slowly being eroded by distributed ledger based technology, hinting toward the inevitable overthrow of the global financial hegemonic […]

The President of CBOE Global Markets has commented on the SEC’s recent clarification on the regulatory status of Ethereum, stating that as ETH is not at risk of classification as a security it’s possible that the CBOE may be able to begin offering Ethereum futures in the near future. CBOE President Chris Concannon hinted toward […]

Taiwan’s capital city of Taipei will be rolling out IOTA’s Tangle-powdered blockchain-based digital identification system later this year, according to BiiLabs Co-Founder Jim Huang. The launch of the Digital Citizen Card will see IOTA’s unique Tangle consensus method and platform used to establish an entirely new digital identification system. The Digital Citizen Card emerged from […]

The EOS block producer voting process has drawn to a close, resulting in the official launch of the EOS blockchain at 6 PM UTC on June 14. The launch of the EOS mainnet is the culmination of a $4 billion dollar initial coin offering and months of development and allows development and implementation of the […]

Ranked the 16th largest cryptocurrency exchange in the world by trading volume, Bittrex is rolling out phase two of their US Dollar (Fiat) trading platform – enabling retail and corporate investors to exchange USD for cryptocurrencies. Fiat Trading to Increase Adoption In an effort to target a mainstream audience of investors, Bittrex has expanded their […]

In the midst of a bearish week, the global cryptocurrency market begins to bounce back. In the past 24 hours, the total cryptocurrency market cap has gained $5 billion. At press time, 79 of the top 100 cryptocurrencies by market cap are in the green.

Despite a recent market downturn, cryptocurrencies continue to make regulatory progress. Starting June 14, Paxos Trust Company will make Ethereum, Litecoin, Bitcoin Cash, and Stellar Lumens available for OTC trading on their itBit digital asset exchange. Early Bird Authorization by NYDFS Joining a short list of exchanges authorized to trade cryptocurrency, Paxos Trust Company was approved […]

Six months ago, Western Union began testing Ripple’s XRP for payments, but the money transfer company states it has yet to see any financial benefit. Ripple’s technology is geared towards larger financial institutions and claims its blockchain technology and digital currency, XRP, provides a cheaper and faster way to transfer money internationally. Western Union is […]

Billionaire venture capitalist, Tim Draper, has reiterated his prediction that Bitcoin will reach $250,000 by 2022, stating that “fiat is the past,” with both crypto and Bitcoin being the future. Draper’s predictions, made during a June 12th interview with The Street, come during a rough week for cryptocurrencies in general. With the value of Bitcoin […]

Global logistics giant DB Schenker is to launch a supplier evaluation system on the VeChainThor platform — the first of its kind, according to the Singapore-based blockchain. VeChain has co-developed a dApp with DB Schenker, one of the world’s leading logistics providers. On top of other supply chain offerings, this solution tracks their third-party logistics […]