Within the past seven days, the crypto market has been slashed $65 billion in a trend that saw major coins including Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) plunge in market values with some assets losing up to 50% of their worth. But what could be the driving force behind this huge crypto loss? […]
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Blockchain attorney: “No correlation between SEC’s actions and bitcoin prices!”
The bear effect in the crypt market has proved persistent with frequent market blips giving investors a run for their money. The recent action by the US financial regulatory watchdog SEC on two ICOs (AirFox and paragon) has seemed to worsen even further an already terrible situation. However, blockchain attorney Stephen Palley is of the […]
A UK-based money management startup Emma rolls out support for cryptocurrencies
Emma, a millennial-focused money management app popularly known as the “financial advocate” within the UK is expanding its territory to the crypto world by introducing a crypto management feature in its system. Emma technologies is the company underpinning the Emma app, an artificial intelligence feature in Android and iOS which hitherto has agreed to work […]
The Secret State: North Korean largest hack-crew scoops $571 million in Crypto-currency thefts
A report indicates that North Korea’s hacking outfit dubbed ‘Lazarus’ has made away with $571 million in cryptocurrencies across five attacks. Since 2010, a total of over $1.3 billion in cryptocurrencies have been lost to internet baddies with 2017 and 2018 alone witnessing $882 million loss in cryptocurrency. Since the inception of cryptocurrencies, hack teams […]
Opinion court: is institutional investment in crypto taking shape?
Institutional investment in the cryptocurrency market is a topic which for a long time now, has had its fair share of proponents and opponents. At least not until emerging reports indicated that Yale, one of the world’s largest university endowments, had channeled a sizable portion of its endowment to two cryptocurrency funds. The move was […]
A wait and see the scenario as Bitfinex announces a major Partnership with a London-based banking giant HBSC
On Saturday 6th October, the Block, through its lead analyst Larry Clement, announced Bitfinex’s success in obtaining a partnership with HBSC, a London-based banking giant with a net worth of approximately $133 billion. The report indicated that Bitfinex would be banking with HSBC via a private account at Global Trading Solutions. Clement also complimented the […]
Coinbase CTO Presents Stats That Show Crypto Is Only Getting Started
As the cryptocurrency scene keeps heating up with a host of financial institutions realizing the need for the blockchain, industry heads and shot callers have continuously stirred up matters by making notable pronouncements. Ambitious pronouncements by industry authorities such as Tim draper, Tom Lee and Arthur Hayes have stirred up the industry giving crypto enthusiasts […]
Ziliqa Is Gradually Becoming Ethereum’s Grim Reaper
Blockchain technology is no longer a distant rumor; it has quickly become a fixture in the financial sector. There was a time when the term blockchain was considered as jargon, only to be used by those in the crypto community. The blockchain has since transcended the barriers of the crypto community to become a necessity […]
Thailand’s Central Bank Will Turn to the Block-chain for International Payments
The Thai central bank is looking at various block-chain applications which will include international payments. This supports the notion that block chain technology adoption is inevitable in Thailand’s mainstream finance sector. The pronouncement was made at the Bloomberg ASEAN Business Summit by the governor of Thailand’s main bank, DR Veerathai Santiprabhob, who revealed the central […]
The World’s First Block Chain Smartphones are Finally Here
The block chain space has undergone a metamorphosis over the last few years as we ease gradually towards what seems like an inevitable crypto boom and blockchain adoption. The developments in crypto have led to the birth of the new block chain-enabled smartphone. This came after months of murmurs and speculation until Taiwan based Electronics […]