Tag Archives: News

Facebook’s Libra, even with all the regulatory hurdles it currently faces, is still going strong and forging ahead with its plans to launch the digital currency next year. A while back, Libra Exec David Marcus, after enduring several hours of questioning from the United States Congress, promised that the Libra will not be launched until all regulatory concerns have been met and satisfied. The head of the Libra Association, the outfit in charge of the Libra project, has iterated this, given a...

Photo; ShutterstockCryptocurrency exchange Coinbase Pro has announced that it will be adding DASH to the platform starting the next week.In its announcement, the company wrote:“On Monday September 16, 2019, we will begin accepting inbound transfers of DASH to Coinbase Pro. We will accept deposits for at least 12 hours prior to enabling full trading. Trading will begin on or after 9AM Pacific Standard Time on Tuesday, September 17, if liquidity conditions are met.”Once that adequate supply of...

Photo: ShutterstockThe Chicago Mercantile Group (CME) has seen a massive surge in the trading volumes for its Bitcoin futures contracts, over the last few months. Taking a step ahead, the CME group has requested the U.S. Commodity Futures Trading Commission (CFTC) to allow it to double the trading limits from 5000 BTC to 10,000 BTC tokens.Currently, CFTC has kept an upper limit of 1000 Bitcoin Futures contracts per individual trader using the CME platform. In a letter to CFTC, the CME Group...

If you are heavily into cryptocurrencies, you’d know of BnkToTheFuture, an investment platform that matches investors with investments. Based entirely online, they use their online investment platform to assist those high net worth investors who have limited knowledge about cryptocurrencies to invest in profitable ventures.They recently decided to allow for Security Token Offerings which are becoming increasingly popular with cryptocurrency investors. The firm is expected to invest a...

One of the largest music companies in the world, Warner Music announced their partnership with Dapper Labs, the company that stands behind CryptoKitties, all in order to create a new blockchain called Flow.The music giant that stands behind Ed Sheeran, Cardi B, Bruno Mars, as well as some other prominent celebrities, eventually decided to go on blockchain, joining an $11.2 million investment in above mentioned Dapper Labs.Just for a reminder, back in 2017, in December, CryptoKitties, the app...

On September 12, Spotify announced that it has acquired SoundBetter Music-Production Marketplace. Through that acquisition, the company has increased its suite of tools for music artists aiming to diversify itself. The company seeks to invest away from the model founded on paying music streaming royalties to labels.SoundBetter, founded in 2012, is a Brooklyn-based audio production that also doubles up as a collaboration marketplace. It caters to mixing engineers, mastering engineers,...

Moscow-based law firm Zheleznikov and Partners (ZP Legal) claims has put forward a proposal on how to recover up to 200,000 Bitcoin (BTC) stolen from the Japanese exchange Mt. Gox. The solution implies taking legal action against Russian nationals who received the stolen money.Mt. Gox HackMt. Gox was a Japanese Bitcoin exchange launched in July 2010. By 2013, Mt. Gox was handling over 70% of all Bitcoin transactions worldwide, as the largest bitcoin intermediary and the world’s leading...

English premier club Watford FC has decided to include Bitcoin logo as part of the brands on their kits. The Bitcoin logo is to appear specifically on their jersey sleeves to raise awareness of Bitcoin specifically and cryptocurrencies in general. This initiative is led by brand partner Sportsbet. In an announcement, Sportsbet’s head of marketing Justin Le Brocque Said:“The crypto community have been hugely supportive of us since we began, so putting the Bitcoin logo on the sleeve felt like a...

Currently, the world’s fourth-largest cryptocurrency by market cap is Bitcoin Cash (BCH) and has been for a minute. Even at this position and with a market cap of $5.37 billion, not a lot is usually heard about BCH compared to its “senior colleagues” like Bitcoin (BTC), Ether (ETH) and XRP. However, Roger Ver is planning to do something about all of that dormancy as there are strong plans by Bitcoin.com, to increase BCH adoption through a futures project.According to David Shin, the head of...

Photo: ShutterstockVoyage, a startup in the business of autonomous vehicles has just announced that it successfully raised $31 million in a recently concluded series B funding round. The round was led by Franklin Templeton but with other players like Chevron Technology Ventures, Khosla Ventures and Jaguar Land Rover’s InMotion Ventures were also in participation.Voyage was birthed out of education start-up Udacity, based in Silicon Valley back in 2017. The company quickly joined the long...