Category: News

Copytrack 530 Ethereum Coins Sent to the Wrong Address to be Reclaimed- Supreme Court Authorizes

Supreme Court of British issued a major ruling in a case where 530 Ethereum coins belonging to Copytrack were sent to the wrong address by mistake. According to evidence presented before the court, the digital coins were sent to an ICO (initial coin offering) investor and the transaction could have serious effects on other cryptocurrency […]

Blockchain-Based Service Industry To Generate $7 Billion In Revenue

The adoption of Blockchain technology will be a multi-billion-dollar business in the coming years. This is according to a research finding from the Bank of America’s Kash Rangan. Kash is an Analyst specialized in researching about industries that utilize Blockchain platforms. Blockchain Service Is Offered By A Variety Of Established Companies The aggregate growth will […]

Bitfinex Refutes Insolvency Claims

Bitfinex, a Crypto exchange based in Hong Kong, has denied claims making rounds within the Crypto community that it is currently insolvent. It has refuted these claims by disclosing wallet addresses which seem to show that the Crypto exchange has Crypto assets amounting to more than 1.5 billion dollars. Proof Of Solvency The firm stated […]

Venezuela Passport Fees Must Be Made Using Petro Cryptocurrency

Petro cryptocurrency has really helped Venezuela economy improve and opened up numerous opportunities for local businesses that have been yearning to expand and operate across the globe. The cryptocurrency has received support from the government and other international companies that deal with cryptocurrency. The support has greatly helped boost its adoption rate as well as […]

Financial Journalist: Major Banks Are Embracing Cryptocurrencies

Rebecca Harding, a financial journalist, said to Forbes during an interview that major financial institutions are ready to participate in Cryptocurrency investments. She is also the CEO of Coriolis Technologies that specializes in financial trading technology services. She further said that a majority of banks are “curious about Cryptos” and have a “healthy skepticism” of […]

Ripple (XRP) Growth Is Far From Over

Ripple (XRP) price is decoupling from the influence of Bitcoin (BTC) in Crypto markets. This is because data from Coin market shows that XRP price is bullish as the other leading Cryptocurrencies such as Bitcoin and Ethereum are gaining sluggishly as they are weighed down heavily by downward pressures. The positive growth is despite the […]

Bitcoin Price Hits $6,553 Despite Downward Pressure

On today’s BTC trading trends, BTC price has recouped losses from yesterday’s day of trading where the price closed the day at a low of $6, 407. In a twist of events, BTC broke the $6, 485.20 in the 60 minutes price chart during the second attempt. The bullish trend has continued to gather momentum […]

Cryptocurrencies Are Influencing A New Form Of FDI

In the US and other countries, Blockchain startups are always launching Initial Coin Offerings (ICOs). The aim is to raise startup capital for fintech of other technological endeavors. Although there is an underlying common factor of Blockchain technologies and Cryptocurrency-based ICOs, these startups can also be dedicated to other services such as real estate project […]

Retail Brokerage Giant TD Ameritrade and Trading Firm Virtu Financial Invest in US Cryptocurrency Exchange

TD Ameritrade, a major retail brokerage firm in the country, and Virtu Financial invest in US cryptocurrency exchange platform. One of the main objectives of the exchange platform is to bridge the gap between burgeoning cryptocurrency ecosystem and Wall Street. This bridge has been hindering most people from investing their preferred digital asserts in the […]

UK Finance Minister Says Solution To Hard Border Is Blockchain Technology

With the Irish border being the most divisive when it comes to the discussions on Brexit between the UK (United Kingdom) and the EU (European Union), the UK finance minister has opined that the solution could well lie in Blockchain technology. The Brexit Hard Border A member of Prime Minister Theresa May’s government, Phillip Hammond […]
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