Cryptocurrency

crypto adoption
Crypto Securities Years Away from the Mainstream According to Industry Innovators

There has been a growing interest in crypto assets and blockchain lately. Despite this, some of the earliest innovators in the crypto and blockchain space say the high expectations currently being placed on the industry may not be in line…

Cryptocurrency
Is it a Great Time to Buy the Top Cryptos?

The recently announced JPM Coin by JPMorgan Chase despite the harsh cynic instances by the company’s top brass about 2 years ago show that most of the people who criticized crypto-currencies mostly did so because they did not understand them.…

Banks Crypto
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…

Blockchain
Former Goldman Sachs partner, believes Bitcoin will be Gold’s Digital Equivalent

Former Goldman Sachs partner, Mike Novogratz, who is also the founder of crypto merchant bank Galaxy digital, argued that Bitcoin (BTC) occupies a special place in the crypto world; while on an interview with Bloomberg TV. While reflecting on the…

Banks Crypto
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…

Cryptocurrency
Mauritius will issue Licenses to Crypto Custodians this March

As part of her plan to create a Fintech hub “in and for” Africa, Mauritius will soon license digital asset custodians. An announcement made on Friday by the African island nation’s financial services Commission (FSC) said that after having published…

Cryptocurrency
Nvidia Project Weaker Sales Due to Crypto Winter

A press release from Jan 28 reported that Taiwan based computer hardware company, Nvidia, updated financial estimates for Q4 for the 2019 fiscal year. The company is forecasting weaker sales in its gaming and data center platforms coming from excess…

Bitcoin
Bitcoin Trading in Venezuela Peaks amid Economic and Presidential Crisis

News coming out of troubled Venezuela indicates that Bitcoin trading has reached an all-time high. This is on the backdrop of hyperinflation and an ongoing presidential conundrum that has plagued the country for a while. Bitcoin weekly trading volumes in…

Cryptocurrency
Saudi Arabia and UAE launch Joint State-backed Crypto-currency

Two middle-east neighbors; Saudi Arabia and The United Arab Emirates (UAE) have a launched a government backed crypto-currency which will facilitate cross-border payments. This state-backed crypto was one of the agenda’s in the 7 point co-operation plan unveiled on the…

Blockchain
Facebook Quietly makes Chainspace its First Blockchain Acquisition

Popular social platform Facebook has reportedly made its first acquisition in the blockchain space. The social network reportedly quietly hired the team behind Blockchain startup, Chainspace. Chainspace is a blockchain startup that was set up by researchers from the University…