News > FinTech, Blockchain

Trade Wars Or Crypto Whales? What’s Behind The Latest Price Surge
With all the talks of retaliatory trade wars, turmoil in Hong Kong, and global markets on the downswing, it’s hard to pinpoint why crypto prices are surging at the moment. But Tom Maxon, CoolBitX’s head of U.S. operations, believe it has less to do with macro conditions and more to do with crypto whales taking advantage of the market momentum.
Why Facebook’s Libra Cryptocurrency Launch May Never Happen
Image source: Facebook Newsroom Facebook excited the cryptocurrency market last month by announcing plans to launch Libra, its own blockchain-based payment system. Since then, numerous concerns have been raised in multiple countries, and now a regulatory document even states that Facebook’s Libra cryptocurrency launch might never happen. Facebook said in its latest quarterly report to the Securities and Exchange Commission
Hong Kong Awards Digital Asset Custody License to Aegis Custody
After handing out a handful of virtual banking licenses, Hong Kong has issued its first digital asset custodian license. Aegis Custody, a Fosun-backed digital asset financial services company, has had its digital asset custody business licensed by the Hong Kong Companies Registry of Trust and Company Services Providers, according to a statement. The company’s Founder and CEO, Serra Wei, said
'Fastest Crypto Exchange In The World' Released To Retail Market
The crypto wallet Blockchain announced Tuesday that it has launched The PIT, an institutional-grade crypto exchange with microsecond-latency. “The current crypto exchange market is outdated, broken, and skewed against users. We got tired of waiting for a new entrant to deliver the performance today’s traders demand,” Peter Smith, Blockchain's CEO and co-founder, said in a statement. Read more at Benzinga. Photo: JD
UK FCA’s Final Guidance On Crypto Assets: What It Means For You
As you may know, today the UK Financial Conduct Authority published its final guidance on crypto assets, defining what tokens come under its jurisdiction, classifying what it considers the 3 main types of tokens: Security, E-Money and Unregulated tokens. mohamed_hassan / Pixabay In response to the report, a number of experts in the space have provided their insights, which can be seen
Six Years Since The First ICO And The Shift To STOs
On July 31, 2013, J.R. Willett launched the first ever ICO, Mastercoin (now Omni), and tomorrow will mark 6 years since this monumental occasion. Looking at the last 6 years, it’s evident that the industry has matured and the very nature of fundraising within the blockchain space has changed. We’ve witnessed a slight shift away from ICOs: as evidenced in
Blockchain Technology Could Be The Future Of Private Equity
Private equity has become one of the most popular alternative assets over the last couple of years, but investing in PE is complex because there is no secondary market for it. However, one expert suggests security tokens based on a blockchain could solve some of the issues keeping many investors out of the PE space. Thus, blockchain technology could one
Bitcoin Hyper Aims To Make Crypto Practical
Bitcoin Hyper enters the cryptocurrency space as an enhanced version of bitcoin whose processing time is approximately two seconds faster than typical credit card transaction timing. The new cryptocurrency launched Tuesday on the Alterdice.com virtual exchange. Read more at Benzinga. Photo: iStock
Cointime Summit 2019 to Highlight Vietnam’s Blockchain Market
Thanks to very accommodating governments, Southeast Asia has become one of the most dynamic regions for crypto and blockchain, with many countries working toward mainstream implementation of the technology. With a government seeking to transform its economy through blockchain, Vietnam is a great example of this, and the Cointime Summit 2019 aims to highlight the local market and it’s various
Crypto Derivatives Market Fueled By Bitcoin Rally – Will End Badly
Whitney Tilson’s email to investors discussing the IBM value trap; Are Analyst Trade Ideas Valuable?; Bitcoin Rally Fuels Market in Crypto Derivatives; My theory on where Jeffrey Epstein and Ghislaine Maxwell got their BIG money. jaydeep_ / Pixabay 1) IBM (IBM) reported yet another dismal quarter after the close yesterday, in which revenue fell 4.2% and operating income (excluding “other