Tag Archives: News

With bearish activity spreading throughout the crypto space as of late, many people are looking for some sort of miracle to sort things out. Many have long believed that the upcoming bitcoin halving – set to take place in May 2020 – is likely to do the trick. Unfortunately, according to Bitmain CEO Jihan Wu, this may not be the case.Bitmain CEO Predicts a Lack of BullsBitmain is one of the largest – if not the largest – cryptocurrency mining corporations in the world. Stationed in China, the...

Erik Finman and his business partner Marshall Hayner – the founders of Metal Pay – have invested roughly $1 million into a new venture fund called Metal VC. The purpose of the fund is to invest in new blockchain businesses and crypto-based products.Erik Finman Makes Metal MainstreamErik Finman is arguably one of the crypto space’s most intriguing figures. First getting into bitcoin while he was in high school, he turned to crypto trading as a hobby, though he was confident it could...

After an extremely disappointing debut, Bakkt – the trading platform designed for institutional investors – is exploding in use, with the number of bitcoin futures contracts being traded having exploded by roughly 800 percent.Bakkt: A Late Start Leads to Massive JumpsBakkt was first introduced last year. Many claimed it would bring a whole new level of mainstream use and legitimacy to the cryptocurrency space, as it was designed for institutional traders and retailers who were curious about...

Photo: ShutterstockTechnology is constantly changing the way companies do business. Some technologies, ‘game-changing’ ones, actually go further than that and change the way companies are constructed and built. The competitiveness of a company these days is a direct function of its technological adoption and prowess.However, it’s very challenging to manage new implementations of technology in a cost-effective way. IT solutions implemented incorrectly might be needlessly complex, and might be...

American multinational Aerospace manufacturer, Boeing, has just teamed up with Porsche the German automobile manufacturer, and signed a Memorandum of Understanding, to jointly develop what they call “premium urban air mobility vehicles.”Basically, the companies are working on a fully electric vehicle that will support vertical takeoff and landing (VTOL). It is expected that the new creation, essentially a flying car, will be quite high-end, to keep up with the level of comfort and luxury...

Two days ago, the biggest cryptocurrency exchange in the world in terms of trading volume, Binance announced it’s launching its new P2P trading facility for trading cryptocurrencies against the Chinese Yuan. Currently, this facility is only available for Android users. However, it has promised to roll-out this facility on iOS and web interface as well.That seems like a huge deal because in June this year, the People’s Bank of China (PBOC), the central regulatory authority that regulates...

Recently we reported about how PayPal, one of the founding members of the Libra Association abandoned the whole project. However, it seems it wasn’t the only one. Just for a reminder, there were previously 28 members of the association, but it seems that they couldn’t handle the issues Libra is currently facing, most especially the problems surrounding regulatory support from relevant authorities. Now Mastercard, Visa, eBay, and payments firm Stripe have decided not to participate in...

The United States Securities and Exchange Commission (SEC) has put a spanner-in-the-wheel of Telegram‘s $1.7 billion Gram (GRM) token offering. The securities regulator has asked the messaging giant to halt the sale of its digital currency calling its “unlawful”.As per the SEC press release on Friday, October 11, Telegram failed to register its token-sale offering with the regulator, in due time. The Telegram Group has been working on its blockchain project – Telegram Open Network (TON) –...

Australia is offering more viable proof that institutions are consistently looking to build their tokens atop the Ethereum network. The country’s Perth Mint refinery is now releasing a new gold backed Ethereum token in western Australia.Ethereum: Still the Blockchain of ChoiceKnown as the Perth Mint Gold Token (PMGT), it will be the first of its kind issued on a blockchain that’s backed by government’s reserves. A press release explains:It offers institutional investors a competitive...

Rock It Coin, a bitcoin kiosk company, has joined hands with the Blockchain Institute to install its 200th machine in the middle of Chicago.Rock It Coin Is Creating a World of Mainstream Blockchain AppsMichael Dalesandro, CEO and fonder of Rock It Coin, comments:This installation marks yet another milestone in our company’s growth. After installing machines across the country, it means a lot to install our 200th one in Chicago where we started the company… We see this [blockchain] technology...