Tag Archives: News

Photo: ShutterstockLet’s investigate. To encourage the participation of institutions in Bitcoin, in 2018, Bakkt announced their plans to address such well-known issues as AML/KYC, security breaches, lack of regulation, a volatile asset price, etc.Now, with fraudulent trading gapped and collateral in place, Bakkt is ready to launch since they have received all the regulatory approvals needed.Time will tell if Bakkt will be able to tackle all the challenges that arise when working with a new...

Futures exchange operator CME group has announced that it plans to begin offering bitcoin futures contracts starting in early 2020. Futures were originally launched at the end of 2017. At press time, more than 3,000 people are trading futures and approximately 20 successful expiration dates have occurred since their integration. Bitcoin Futures Are All the Rage… Right?Tim McCourt, global head of equity index and alternative investment products at CME says: These new products are designed to...

Latin American countries such as Colombia are top havens for bitcoin and cryptocurrencies. Unfortunately, what these countries don’t always have are the right regulatory tactics, but some are looking to change that. Is Colombia Looking to Change Itself?In the past, companies like Paxful have done their best to increase the number of bitcoin ATMs present in the country, and for the most part, they’ve been successful. In addition, Colombia has increased its use of altcoins like Ethereum and...

North Korea is developing its own national digital currency. The trend follows a long list of other countries, predominantly in Asia and the Middle East such as Iran and China and is likely an attempt to thwart present U.S. sanctions. North Korea and Crypto: A Scary Mix?It’s hard to know how to feel about news like this. On the one hand, any national venture involving digital assets is likely to propel the industry forward, but at the same time, what does North Korea plan to do with this...

Payments giant Stripe announced they will be raising $250 million in funding at a pre-money valuation of $35 billion. This happened only a week after they launched some new services and now, the money they want to raise, they want to use for growing on the international level (that includes adding more new payment products and even start working with larger companies).More importantly, proud to now be working with Airbnb, Wayfair, GitHub, Twilio and The Real Real!Lots more in the works. The...

Only a few days remain before the launch of the long-awaited and much anticipated Bakkt trading platform, which will bring large institutional investors to the Bitcoin market. It may sound unfeasible, but Bitcoin price is expected to reach $100,000 in the coming years, and much of the next bull run will be driven by Bakkt.What is Bakkt?The Bakkt cryptocurrency platform was created by ICE, a transcontinental operator of the largest futures exchanges and clearing houses for financial and...

Decentralized hosting seems like a logical idea on the surface. It would allow simple users like you and me host sites and apps and earn money. It would end the domination of Amazon Web Services – which now controls 40% of the cloud market. It corresponds with the Web 3.0 principles – and we all want Web 3.0 to come sooner, right?But just because an idea seems great doesn’t mean that it is.How It’s Supposed to WorkThe main idea behind distributed web hosting is that people have lots of...

Today, users of Portal from Facebook have more options available to them to connect with their loved ones and friends, no matter how wide the distance between them is. With the following three new additions, Portal, Portal Mini, and Portal TV, users can expect more when it comes to video-calling.Availability and CostFollowing the addition of the Portal TV, the Portal family is set to be accessible to more countries, aside from the US and Canada, such as France, New Zealand, Australia, Spain,...

Craig Wright has been at the center of controversy for some time in the crypto industry. That controversy is spreading so far that even those with basic connections to the Australian bitcoin developer are being ousted by “high-ranking crypto officials.” Is a Connection to Wright Looked Down Upon?One such person is Core Scientific CTO Kristy-Leigh Minehan, who was on the verge of speaking at the upcoming ETC Summit only to be disinvited at the last minute. The rejection came by way of ETC...

The conspicuous absence of even a single bank as a founding member of Facebook’s cryptocurrency project was never “intentional," according to the co-creator of  Libra, David Marcus. Facebook, he said, would love to have banks involved. No banks in Libra Association? No worries In an interview with Swiss newspaper Neue Zurcher Zeitung, Marcus revealed that banks were put off by the lack of regulatory clarity. This could change when new members are inducted: "First of all, financial...