Citigroup Drop Plans of Launching Own Crypto “citicoin”

It appears that Citigroup, the third largest bank in the US, has dropped plans of launching their own crypto which was to be known as “citicoin” It came out in July of 2015 through the international Business Times (IBTimes) that…

Kuwait Finance House Adopts Ripple

Ripple has done it again, this time partnering with a Kuwaiti bank in a deal that will see the use of Xcurrent by the bank. The Kuwait finance house will join Ripple NET in an unprecedented move in the country…

Basel Based Bank Consortium issues Crypto warning to Financial Institutions

A warning has been issued by a consortium of bank regulators through a statement that said crypto-currency could have massive implications for the financial sector. The statement read; “The continued growth of crypto asset trading platforms and new financial products…

Former Goldman Sachs engineers raise $3 million to tackle crypto-related manipulation

A US-based trade surveillance startup has raised approximately $3 million in seed funding to help combat crypto manipulation and its related effect in the space. While announcing the development on Wednesday, the startup dubbed Solidus Labs said it intends to…

JPMorgan Chase Set to Launch its Own Crypto-currency

A United States banking first is upon us with one of the country’s top banking giants, JPMorgan Chase (JPM) launching its own crypto-currency, as reported by CNBC on February 14. The US banking giant is set to popularize its own…

Phillipino Bank Launches Inaugural Crypto ATM

Local publications indicate that Union Bank of the Philippines, which is one of the largest commercial banks in the Philippines, has just launched the country’s inaugural crypto ATM. An official statement from the bank following the launch, said that the…

Chinese Economists Divided on Beijing Issuing its own Coin

Economic experts from China reportedly do not agree on the future of the Blockchain according to a survey from internet giant Tencent. The survey was conducted by Tencent’s financial science and technology Think tank where they sent questionnaires to a…

The hard fork: Why Bitcoin SV never stood a chance against Bitcoin Cash

The crypto community was set for a clash of titans prior to the hard fork which was scheduled for the 15th of November 2018, with the two subchains of Bitcoin Cash, Bitcoin Cash ABC  and Bitcoin Cash SV taking the…

Baseless propaganda! Goldman Sachs Refutes Claims It’s Shying Away From the Bitcoin Trading Desk Project

Much of the speculation and propaganda has spread on Sachs Goldman’ stance on much-hyped plans to launch a Bitcoin Trading Desk. These speculations came to light, especially after a report by Business Insider announced that Goldman Sachs was deprioritizing its…

Singapore Central Bank Chairman Livid Over Fake Crypto News

The central bank of Singapore has issued warnings over what it terms as “fabricated comments” on crypto by two websites about their chairman who also happens t be deputy prime minister Tharman Shanmugaratnam. The two websites posted this fabricated news…