Chinese Miners increasingly Shorting their Positions to Survive the Bear Markets

The current bear market is seeing Chinese miners increasingly shorting their positions on crypto. Chinese miners are reportedly the biggest short sellers both in the country and abroad. The increased short selling has been precipitated by severe crypto market decline…

Crypto-regulations on the Horizon in Chile thanks to Government Efforts

The Chilean finance minister, Felipe larrain has claimed that state institutions are making steady progress in the development of crypto regulation. According to Larrain, the finance ministry is working hand in hand with the financial stability board, as well as…

ErisX raises 27.5 million in order to improve blockchain infrastructure

Crypto exchanges are not being left out this sales season with crypto exchange ErisX, raising 27.5 million from fidelity investments, NASDAQ ventures, among other investment firms. The NASDAQ is the world’s second largest stock exchange while US-based fidelity investments maintain…

Russian Intellectual Property Court Successfully tests Blockchain Technology for Storing Copyright Data

An intellectual property court in Russia has successfully tested a blockchain network for storing copyright data. According to a Russian major news agency, TASS, the technology was used for the first time around the judicial area on Monday, December the…

Dj Khaled and Floyd Mayweather Jr Charged with Promoting Crypto without Revealing they’d been Paid

Floyd Mayweather Jr and music producer DJ Khaled have been charged by the Securities and Exchange Commission for promoting crypto investments in initial coin offerings (Icos) without letting it be known that they were getting paid for it. The two…

The US FDA Looks to Blockchain to Enhance Food Security

An E.coli outbreak in the United States linked to Romain lettuce has led the Food and drug administration (FDA) body, to consider better track and trace methods which will involve blockchain technology. Dr. Scott Lieb, the FDA commissioner announced that…

Bahrain’s Finance Training Institute Launches the Country’s First Blockchain Academy

The Bahrain Institute of Banking and Finance (BIBF) is set to launch a Blockchain Academy, according to a November 26 announcement, which will be a first in the country. The Bahrain Institute of Banking and Finance (BIBF), was established in…

Nigerians May Usher-in a Pro-Crypto Government in 2019

The Nigerian 2019 general elections are just around the corner, with political heavy weights set to do battle on the ballot box in three months’ time. The upcoming political contest may just bring good tidings for crypto-enthusiasts in Africa’s largest…

Bearish bitcoin: what to expect in price!

Bitcoin has had a very turbulent season which has seen it struggle to thrust past the $5000 support level without much success. Over the past seven days, the leading crypto asset has struggled to sustain above the $4000 support level…

Overstock’s Founder Plans to Sell the Company’s Retail Arm inorder to Concentrate on Blockchain Projects

The founder and owner of retail giant Overstock, Patrick Byrne, has revealed plans of soon selling the retail arm of the company to focus on the blockchain, by early next year, according to a November 23 issue of The Wall…