IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

The latest attempt to create a cryptocurrency pegged to the U.S. dollar, or "stablecoin," combines 21st-century technology with an invention from the Great Depression. Announced Tuesday,...
CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter

CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter

Bitcoin (BTC) futures average daily volume (ADV) at the Chicago Mercantile Exchange (CME) increased by 93 percent in the second quarter over the first quarter of...
BitLicense #8: BitPay Becomes New York’s First Standalone Crypto Payment Processor

BitLicense #8: BitPay Becomes New York’s First Standalone Crypto Payment Processor

Cryptocurrency payment processor BitPay has become the eighth firm to receive a “BitLicense” from the New York Department of Financial Services (NYDFS), which oversees...
Billionaire Steven Cohen’s Invests in Cryptocurrency Hedge Fund

Billionaire Steven Cohen’s Invests in Cryptocurrency Hedge Fund

Billionaire Steven Cohen, the founder of Point72 Asset Management, is reportedly jumping on the crypto bandwagon with his first investment in a crypto hedge...
Volume of Crypto Market Rapidly Rises Amidst Recovery, P2P Exchanges See Demand

Volume of Crypto Market Rapidly Rises Amidst Recovery, P2P Exchanges See Demand

The crypto market has seen a solid increase in volume over the past month amidst a recovery from its yearly low at $5,750, supported...
Payments Giant Qiwi Unveils Crypto Investment Bank

Payments Giant Qiwi Unveils Crypto Investment Bank

Qiwi, one of the largest e-payment providers in Russia, is launching a crypto investment bank, called HASH, to advise investors and help Russian companies...
Facebook Has a Change of Heart, Reverses Ban on Most Crypto-Related Offerings

Facebook Has a Change of Heart, Reverses Ban on Most Crypto-Related Offerings

Facebook has reversed its ban on cryptocurrency ads and will now permit pre-approved advertisers to promote crypto-related services on the social networking platform. Facebook Reverses...
Vitalik Buterin Demands Court Challenge Against New nChain Patent

Vitalik Buterin Demands Court Challenge Against New nChain Patent

Ethereum co-founder Vitalik Buterin has openly criticized Blockchain research company nChain’s latest patent award, calling for opponents to challenge it in court. PURE INVENTION? nChain, whose...
GoDaddy Executives Raise Venture Capital Investment for “Stablecoin” Cryptocurrency

GoDaddy Executives Raise Venture Capital Investment for “Stablecoin” Cryptocurrency

Ex-executives of GoDaddy, the Internet domain and hosting giant, raised $6.5 million in June 2018 to develop a stablecoin. Stablecoin Project According to a report by Fortune on June 22,...
Cryptocurrency Ownership in Europe and the US Expected to Double: ING Study

Cryptocurrency Ownership in Europe and the US Expected to Double: ING Study

Despite bitcoin and other cryptocurrencies currently hovering near their lows for the year, interest in the nascent technology is expected to more than double in the...

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