Thursday, April 25, 2019
Facebook’s Romance with Crypto Gets More Interesting

Facebook’s Romance with Crypto Gets More Interesting

Unconfirmed reports say social media giant Facebook has entered into a partnership with cryptocurrency firm Stellar which issues the XLM digital token. Business Insider...

The head of the BBVA bank called blockchain “an immature technology”

Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18.
banks

More than 20 banks in Hong Kong will merge into a single financial blockchain...

More than 20 banks in Hong Kong have decided to join forces and merge their work into a single financial blockchain platform. It is noted...

Cryptocurrency Bear Market Wanes | Going through Accumulation

In recent weeks various industry observers have indicated that the cryptocurrency market is experiencing a bullish run.  The notion has received more support...

OKEx exchange CEO quits amidst report stating record trading numbers

Chris Lee the CEO of one of the biggest crypto exchanges in the world OKEx have resigned. He left the company in a special moment when they have just reported the largest turnover in the market on a world scale. As he had stated in an email today (14th of May) the reasons were simply personal as quoting “starting a new life”. A separate public statement issued by his spokeswoman, Chris Lee have said working for OKEx was as quoted “greatest pleasure and an honor” and that he will make a comeback into the world of blockchain and crypto after a short break to spend some time with his family. No specific reasons were given for his departure. As of the past 24 hours OKEx has handled well over 2 billion dollars worth of cryptocurrency trades thus making itself the worlds most actively traded crypto exchange according to Coinmarketcap.com. OKEx has seen an uptrend in the global ranking for over some time and recently had performed an overtake of Binance as the biggest by volume trading crypto exchange. There have been some reactions from some of the popular crypto figures and other social media commentators raising skepticism about the trading numbers given by OKEx. Some even suggested that the company was as stated “up to its old tricks” relating to the event from a few years back when OKEx’s parent company OkCoin had been involved into a scandal over allegedly fake trading volume. This event had the former OKCoin’s CTO and now current CEO of Binance Changpeng Zhao revealing an alleged accusation that OKCoin has violated a breach of contracts.

Blockchain Renewable Energy | Can Blockchain Change this Market?

According to experts from tech consultancy, Booz Allen Hamilton, the renewable energy markets across the Gulf Cooperation Council (GCC) can be made more secure...
Venture Capitalist Firm Andreessen Horowitz is Betting $300m on Cryptocurrency

The Bulls Are Back Again? U.S Firm Invests $300 Million in Cryptocurrencies

Leading venture capitalist firm Andreessen Horowitz has announced that it is investing $300m in buying up cryptocurrencies including bitcoin and ethereum. The California based company...

Bitcoin Price is in the Green but EOS is Today’s Real Winner

The cryptocurrency top ten are in the green! Well, eight of them are at least. According to CoinMarketCap, the total cryptocurrency market cap...

LVMH Blockchain | Louis Vuitton on the Blockchain?

Blockchain technology has many uses. Mostly synonymous with the financial sector and for crypto trading, it might surprise some to learn that the...

EOS trades around $13 after the launch of the main ecosystem EOSIO 1.0

EOS launched the main ecosystem, which contributed to the growth of the market value of the digital asset. Starting on June 2, after the appearance of the EOS mainnet, the price of the token has slightly changed and has grown by as much as 16% over the last week.

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SIRIN Labs Loses One Quarter of Its Staff to Poor Finney Sales

According to media site Globes, the team behind blockchain smartphone Finney has laid off a quarter of its workforce. Sirin Labs has let go...

Coinbase Crypto Services Expand to 11 New Countries: Why it’s Important

On April 17th, word went around that Coinbase crypto services will be expanding to 11 new countries. And the information is true. According...

Digital Money Is Imminent, But No Decentralization in Sight

The custodians of global financial order have been prominent in crypto news recently. The weekend kicked off with the announcement of the International...
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