Fidelity Investment has announced that it’s launching a cryptocurrency storage and trading platform. Dubbed Fidelity Digital Assets LLC, the new platform will cater mainly to institutional investors, offering custody solutions for digital assets, institutional advisory services and a crypto trading platform for its clients. Fidelity made the announcement today, October […]
Author: Steve Kaaru
Weekly Crypto Roundup: Roubini Vs Buterin, Bithumb Sells Stake, Coinbase Lists First ERC-20 Token
When one of the biggest Bitcoin critics had his day to testify before Congress, the crypto world knew it would be brutal. Popularly known as Dr. Doom, Nouriel Roubini held nothing back as he attacked crypto, but it was the aftermath that was even more exciting. Roubini called out the […]
Report: Barclays Puts Its Crypto Trading Desk Plans On Hold
U.K banking giant Barclays has put on hold its plans to put up a crypto trading desk, a report has revealed. The initiative has been shrouded in mystery ever since reports emerged that some of the top staff at the bank were working on the project. Barclays came out to […]
Controversial Bitcoin.com’s Roger Ver Hints At Launching A Crypto Exchange
He is as controversial as they come but this doesn’t keep him from making major moves meant to promote his favorite crypto, Bitcoin Cash. Bitcoin.com’s Roger Ver now plans to launch his own crypto exchange, Bloomberg has revealed. The exchange will be one of a kind as it will use […]
U.K’s Oldest Bitcoin Exchange Lays Off Most Of Its Workers, Blames Bearish Market
When the prices of cryptos skyrocketed in 2017, hundreds of crypto exchanges sprung up as the number of people interested in trading cryptos shot up. However, the market has cooled off significantly, Bitcoin is trading at a third of its December high price and the exchanges are feeling the heat. […]
Crypto Exchanges Today: Poloniex Delists Three Assets, Gemini Secures Insurance From Aon
Poloniex has announced that it will delist three assets in a bid to continuously improve and professionalize its platform. The three assets, AMP, GNO and EXP will be delisted on October 10 and users who hold these assets have until October 9 to withdraw their balances. Poloniex also announced that […]
Coinbase Pro The Most Secure Exchange, Binance 17th, New Report Reveals
Cryptocurrency exchanges have fallen victim to hacking time and time again, with the vice greatly rising in the past two years as the prices of cryptos skyrocketed. According to a new report, crypto exchanges still have a long way to go to fully secure their users’ crypto assets. The report […]
Digital Currency Group Leads As VC Investment In Blockchain Startups Rises 300%
Investing in the blockchain and cryptocurrency industry may have gotten more complicated over the years as regulations have tightened, but this has done little to discourage venture capital firms. According to a new research, VC investment in the industry has nearly tripled in the first three quarters of 2018 compared […]
Of The $15B Worth Of Ether Raised By ICOs, $11B Has Already Been Sold: BitMEX Research
It hasn’t been the best year for Ethereum, seeing as though the valuable altcoin has shed over 75 percent of its value. While the market hasn’t been kind to other cryptocurrencies, rumors have its that the great price decline by Ethereum has been as a result of the hundreds of ICOs panic selling […]
This Week In Crypto – Google Reaccepts Crypto Ads, Ethereum and Ripple Battle It Out
There’s never a dull week in the cryptocurrency and blockchain world and this week was no different. From major developments in several European countries to the emergence of even more stablecoins to the race between Ethereum and Ripple for the position of the second most valuable crypto, the week has been […]
The Bitcoin Price Could Go Down to as Little as $100, Fintech Expert Claims
Some have said Bitcoin’s price has hit its bottom and could only go higher, even being bold enough to say that it could go back to its $20,000 highs by the end of the year. However, according to one fintech and forex expert, the price of Bitcoin can only get […]
World’s Largest Crypto Mining Firm Bitmain Releases Financial Results, Plans To List In Hong Kong
The price of Bitcoin may have come tumbling down this year, but the world’s largest crypto mining hardware manufacturer has continued to rake in the big bucks. Bitmain released its financial results revealing that it had generated $2.8 billion in revenue in the six months ending June this year. The […]
Crypto And Soccer’s Love Story Continues As World Giants Juventus Announce Fan Token
It’s the most popular sport in the world and so it was only a matter of time before cryptocurrencies made their way into the industry. With an estimated fan base exceeding 4 billion people, soccer offers crypto a big unexplored market, and crypto startups have been quickly moving in. The […]
Renowned VC Firm Andreessen Horowitz Invests $15 Million In MakerDAO’s Stablecoin
Renowned venture capital firm Andreessen Horowitz has invested $15 million in MakerDAO’s stablecoin, the company recently revealed in a press statement. The VC firm, which is considered one of the most elite in the world, has become increasingly involved in the crypto industry in the past year having set up […]
30% Of Londoners Intend To Invest In Crypto In Near Future, New Survey Shows
The price of Bitcoin may have taken a nosedive from its December highs, but crypto investors in London are as upbeat as ever. As revealed by a new survey, one in three Londoners intends to invest in cryptos in the near future. The optimism contrasts the sentiments of investors in […]
Winklevoss’ Gemini Crypto Exchange Exploring The Lucrative UK Market
While it may not compete with Binance as the largest exchanges in the world, Gemini crypto exchange is certainly among the most renowned. Founded and led by Tyler and Cameron Winklevoss, the exchange has recently had its stablecoin approved and now, it’s eyeing the UK crypto market. According to sources […]
Hackers Mining Cryptos Using Leaked NSA Surveillance Tools, New Report Reveals
That the NSA could be spying on you is probably something you are aware of, and most probably even made peace with. However, what happens when the same tools used by the government fall on the wrong hands? They use them to mine cryptos. According to a new report released […]
Fourth-Largest Exchange Bitfinex Launches A Decentralized Ethereum Exchange
Decentralized exchanges have been touted as the future of the market, especially since they give back the control to the users as Satoshi first set out to do when he developed Bitcoin. However, despite the great promise, they have failed to gain traction, with even the most popular struggling to […]