Crypto news

MaGIC in collaboration with Malaysia Blockchain Association has launched a new program for Blockchain enthusiasts who wants to learn the component of the technology from basic layer to the application layer. The objective of the program is to spread awareness and knowledge on applying blockchain technology into business component.Dato Rayson Wong, Chairman of the Malaysian Blockchain Association, delivered a speech at the launching ceremony of the Blockchain Researcher Lab. He said that the...

In an interesting but not entirely surprising turn of events, the United States Securities and Exchange Commission (SEC) has asked Telegram to halt issuance of its forthcoming GRAM tokens. In a press release dated Oct. 11, the Commission said that it had already “filed an emergency action” and also a restraining order against Telegram Group Inc. as well as TON Issuer Inc., a subsidiary of the former. This came just a few weeks before Telegram promised to officially issue the tokens to...

One of the leading providers of online foreign exchange trading, as well as other related services, has announced the introduction of a new cryptocurrency basket for its retail investors. The product will include five different cryptocurrencies, including Bitcoin.Bitcoin Included in a Retail Trading BasketFXCM Group, commonly referred to as FXCM, is a well-known international provider of CFD trading, exchange trading, cryptocurrencies, and other related services. Today, the company announced...

Sensor Tower, a company that supplies publishers and marketers with the information needed to enhance the mobile app ecosystem, revealed the latest data. According to this information, in the third quarter of this year, people spent around $21.9 bln on gaming and non-gaming apps on such platforms as the App Store and Google Play. The report shows a 22.9% YoY rise from the $17.9 bln in the same period of 2018.Please, pay your attention that the data here is provided for the third quarter of...

Many people have always wondered what Ripple Labs CEO Brad Garlinghouse’s position on Bitcoin has been and what his motivations were for developing XRP. He revealed all this and more in crypto evangelist Anthony Pompliano’s Off the chain podcast. The podcast revealed quite a bit of detail about XRP and also showed the mindset of the cryptocurrency innovator. In a rare moment of truth where he bared his soul during the podcast, Brad revealed his first encounter with Bitcoin occurred in 2012 at...

The eyes of the world are currently on the United States and China, as the trade deal negotiations between the two economic powerhouses are taking new turns. Over the last two years, both countries have shown restraint in coming to a mutual consensus. However, there was a renewed optimism in the market after last Friday’s positive results in the trade talks.After the U.S. suspended its next tariff increase on Chinese imports, the U.S. stock market saw a major rally on Friday. The Dow Jones...

Photo: Microsiervos / FlickrAt the end of September, we reported that a popular messaging app Kik made the world reel with the announcement about shutting down. At that time, Kik CEO Ted Livingston explained this decision with the company’s downturn position and the necessity to focus more on the development of its Kin (KIN) token. The company was also planning to cut down the number of its employees from over 100 people to a 19 person team. Besides, Kik has a legal battle against the U.S....

A joint statement on the use of digital assets and specific laws operators must abide by, has been released. On Friday the 11th, three of the most binding regulatory authorities in the financial space, released the statement, stating specifics about the crypto sector and reminding all participants that certain already laid down laws regarding financial services in the U.S., must be strictly adhered to.The regulatory bodies including the U.S. Commodity Futures Trading Commission (CFTC),...

It seems Facebook‘s Libra association is falling deeper and deeper each day. As per G7, the group of the biggest economies in the world report, it has, as quickly as possible, to prove that it is safe and secure and poses no risk for its users.In a massive slap to the social media company, the report says that cryptocurrencies (including not only Libra) are a big risk to a world’s financial system.The report says that even if Libra’s creators are able to address global concerns – the project...

A recent survey from KPMG, a Big Four professional services firm, has revealed that more Millennials and people from the Generation Z (Gen Z) are becoming increasingly open to the use of cryptocurrencies, due to the many benefits accrued to blockchain-based tokens. Interesting Results From KPMG StudyThe study suggested that “tokenization is ushering in the next generation of commerce,” as it helps businesses leverage blockchain technology to “classify value by creating new assets or...