Crypto news

Wells Fargo – a leading American financial services organization – and HSBC Bank – a major British monetary institution – will employ a blockchain-based product to settle matched foreign exchange (Forex) transactions. Through the partnership, the two entities will use a shared ledger to process operations with US dollars, Canadian dollars, British pounds, and Euros. There are also plans to extend to additional currencies in the near future. Blockchain in Forex Transactions...

Canaan Inc – one of the largest bitcoin mining companies in the world – is now the subject of a class-action lawsuit brought forth by several investors through a Manhattan court. A federal judge has ruled that a Hong Kong couple should lead the securities-fraud suit against the firm even though the filing was delivered late. Canaan Is at the Center of a Heavy Suit The decision was made by U.S. District Judge John Cronan, who believes that Bill Lu and Liyang Huang are the...

It is no secret that Satoshi Nakamoto, the father of Bitcoin, is still one of the biggest unsolved mysteries within the crypto space, as no one knows if the pseudonymous tag belongs to a single person or a group. A Final Message From Satoshi Interestingly, December 12, 2010, eleven years ago, was the last time anyone heard from Satoshi publicly after they left a final message telling early members of the Bitcointalk forum that there’s still a lot of work to be done to improve...

German Savings Banks Association – a network of over 400 savings banks throughout Germany – may allow customers to start trading cryptocurrencies from their accounts in 2022. As the market leader among Germany’s financial institutions, the service could give easy crypto access to more than 50 million people. Adopting Crypto Services As reported by the German magazine “Capital”, the concept is being prepared by a dedicated team at S-Payment – an IT service provider. It will...

Robert Kiyosaki – the author of “Rich Dad, Poor Dad” – believes that a huge market crash is coming, and that bitcoin – along with many other assets, such as gold and silver – will come to a screeching halt rather soon. Robert Kiyosaki – The Market Will Suffer Kiyosaki suggests that a huge economic downturn is on the horizon, and he’s looking to invest all he can when the supposed crash occurs. In a series of tweets, he commented: Crash and depression coming. Gold,...

The power of memes is nothing to scoff at. According to Grayscale’s third annual Bitcoin Investor Study, Dogecoin is the most well-recognized altcoin. 74% of those surveyed have heard of the meme coin, compared to just 56% that have heard of Ethereum. Bitcoin is still king, however, recognized by 99% of investors. Awareness Around Altcoins Grayscale’s end-of-year study examines investor “perspectives and attitudes” around Bitcoin. However, it also covers some comparative...

The world’s third largest holder of bitcoin has just bought up a whole lot more. It appears the anonymous whale has purchased as much as $150 million in new BTC units. The news came from Bit Info Charts, a blockchain monitoring service, and suggests the whale bought into bitcoin’s recent dip. A Whale Has Purchased Quite a Bit of BTC At the time of writing, the world’s number one digital currency by market cap has lost quite a bit of momentum. The asset has fallen to...

The cryptocurrency industry is no stranger to costly mistakes, and the last one seems to have happened not so long ago. Just a couple of days ago, the owner Ape #3457 from the Bored Ape Yach Club collection, accidentally sold it for a lot less than it is worth. Source: OpenseaThe NFT marketplace Opensea shows the sequence of the events that led to the unfortunate sale of a Bored Ape worth some $300K for $3K. The former owner bought it for 1 ETH in May this year and has been...

As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 13rd Dec. For a more complete list please follow our twitter...

INTERNET CITY, DUBAI, December 13, 2021 – LBank Exchange, a global digital asset trading platform, will list Phaeton (PHAE) coins on December 16, 2021. Accordingly, for all users of LBank Exchange, the PHAE/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on December 16, 2021. While blockchain technology can be used to make significant financial gains, there is no doubt that it can also improve people’s lives around the globe. Phaeton is here...