Crypto news

In what seems like quite the endorsement for cryptocurrencies, the chairman of the global provider of secure financial messaging services, Swift, said that cryptocurrencies are causing an extraordinary change in the financial industry. He also mentioned Libra, the cryptocurrency created by social media mogul Facebook. Worthy Mention and EndorsementSpeaking at the Sibos 2019 conference in London, the chairman of Swift, Yawar Shah, made quite an endorsement of cryptocurrencies. He said that...

À l’occasion de la Paris Retail Week, le créateur de logiciels de gestion de point de vente Global P.O.S devrait annoncer que sa plateforme d’acceptation de paiement Easy2Play permettra aux enseignes clientes qui le souhaitent d’intégrer les paiements en bitcoins à compter de 2020. Parmi les clients de Global P.O.S on compte une trentaine d’enseignes dont Boulanger, Foot Locker, Décathlon, Conforama, Maison du Monde, Intersport,...

Right in the heart of Europe, the Bratislava Castle in Slovakia will host the second annual BLOCKWALKS European Conference. Top-level government officials and prominent industry leaders in smart technology, blockchain, and Internet of Things join to discuss the current and future applications of blockchain and smart technology in the public sector.Tibor Vincze, the Project Coordinator of BLOCKWALKS 2019, had these words to say about the focus of this year’s conference:“The conference is a...

Elementus, which seeks to locate illicit transactions involving digital currency, has garnered nearly $4 million in funds from Fidelity Investments, a company that has become rather friendly with crypto over the past year. Elementus Is Getting the Money It NeedsThe funding round was led by Morgan Creek Digital and saw several other institutions pledging their dollars and cents towards the company including Avon Ventures and Devonshire Investors. In addition, Stage 1 Ventures and Robot...

Since Bitcoin came into being, we have a global decentralized digital cash system that can bypass the entire banking system. But like cash, it has its own set of risks.If you lose the keys to your coins, you lose the coins. Bitcoin investors know about it, but it scares new users and they’d rather leave their money to third parties that act as custodians, keeping their assets safe for them.Some people use hardware wallets but again, their keys can get lost as well. Seed phrases can be...

The Intercontinental Exchange (ICE), which owns the New York Stock Exchange (NYSE), launched its own bitcoin futures contracts for the first time on Sunday.Futures Contracts Are All the RageThe idea regarding futures contracts and trading physical bitcoins has been intriguing to most, with other companies like Chicago’s CME recently saying it will also launch bitcoin futures starting in early 2020. What’s special about ICE’s bitcoin futures is that this potentially marks the first move of...

The People’s Bank of China (PBoC) announced that the long-awaited central bank-issued digital currency will not be ready in November as it had been predicted in crypto circles. From the bank, they added that reports saying Alibaba and Tencent are among the first financial institutions to receive the currency was incorrect.This came as a surprise because just few weeks ago we could hear that it will “be better than Libra“, and they even enthroned their new digital currency chief Changchun Mu...

Swiss stock exchange SIX announced that they have launched a pilot version of its exchange and central securities depository (CSD) for digital assets.This prototype platform, launched under SIX Digital Exchange (SDX) which is its digital assets branch, is expected to experience the even better performance as it will be proceeding towards a full launch slated for Q4 2020.According to Jos Dijsselhof, who is the head of SIX, the existing system could be completely replaced by the SDX within just...

WeWork is less than a decade old but is already enmeshed in more than its own fair share of troubles. The company which was founded back in 2010 has already had a large number of its most senior officials exiting. WeWork executives are very unhappy because of all the uncertainty about the company’s corporate governance methods, as well as all the obscurity about the company’s initial public offering (IPO) until it has been recently canceled.Furthermore, there is a lot of distrust and...

YouTube star Nicholas Merten is a fan of crypto, but like everyone else, he’s noticed the gradual downplay of bitcoin as of late. Once again, bitcoin has dropped below the $10,000 mark and is trading for just over $9,800. While this isn’t a major fall, the currency seems to have wavered between this mark and $10,200 over the past month.Merten: Altcoins Are Making a ComebackMerten isn’t concerned by this. In fact, he’s looking to use the situation to his advantage, and advises others to do the...