Cryptocurrency Wall Street

The Irony: Goldman Sachs is Coming on Board with the Bitcoin Trading Operation A Decade After the 2008 Financial Crisis

It is interesting to note that one of the primary reasons Bitcoin started was due to the financial crisis of 2008. The downfall of Lehman Brothers in September 2008 followed by the huge bailouts using taxpayers’ money has completely highlighted the shortcomings of financial institutions and its infrastructure. “In decentralization we trust” has become the […]

Banks Crypto Banks cryptocurrency Wall Street

Goldman Sachs Lists Cryptocurrencies as a Business Risk

America’s financial services Goldman Sachs admitted that cryptocurrencies and the blockchain pose a significant business risk to the overall business strategy. This follows the last week’s declaration by Bank of America, which stated that cryptocurrencies are a threat to its business model and faces a competition, compliance and technology adoption as a result of a […]

Crypto Exchange Wall Street

The Big Crypto Acquisition: Wall Street Backed-Circle Acquires Cryptocurrency Exchange Poloniex

Author – Sam Fintech startup Circle Internet Financial Ltd reported it acquired Cryptocurrency Exchange Poloniex the 14th largest crypto exchange by 24 hours trade volume. The acquisition makes it a close rival for the Coinbase one of the largest crypto exchange in the world. Cryptocurrency exchanges have been growing rapidly, thanks to the Bitcoin hype […]