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It could sound stratospheric, but 40% of 4,200 people asked in a Chinese survey said they are willing to invest in cryptocurrencies in the future, according to a Chinese Crypto news outlet 8btc. In a recent survey, the “Chinese Count 2018” found that almost everybody in China has heard about cryptocurrencies such as Bitcoin. No […]
Bitcoin, Ethereum and other altcoins are closing today the year where all the dreams were popped in the form of huge declines in crypto prices. King of cryptocurrencies Bitcoin closed the year with a decline of 73.02% after opening the year at $13,863 and closing at current prices around $3,740.01, over a $10,000 drop. Since […]
The United States digital assets platform Bakkt announced its first funding round with a $182.5 million capital raise on December 31, according to a blog post published by the company. Bakkt, founded by the New York Stock Exchange, announced the completion of its first round of founding with the successful participation of 12 partners and […]
Australian Blockchain startup Powr Ledger has received sanctions as Securities Commissioners and trade experts found the company paid for glowing reviews. Reviews and comments were saying that peer-to-peer electricity-trading startup Powr Ledger attracted the interest of Elon Musk, the founder of Tesla, were false and paid for the Australian company, according to an article recalled […]
United Kingdom media outlet Telegraph reported that UK regulators still have 18 open cases in connection with cryptocurrency dealing companies. The FCA is working over concern for the integrity of financial markets. According to the Telegraph, the Financial Conduct Authority, FCA, opened inquiries into 67 firms related to cryptocurrency business in 2018 to November 12. […]
It is a new development in banks and government adoption of cryptocurrencies. The National Bank of Kuwait, the NBK, announced it is joining Ripple’s blockchain based payment platform launch the “NBK Direct Remit” service. In an effort to improve and optimize remittances, the bank “has become the first financial institution in the country to launch […]
A piece of news dated on December 26th said Dutch Crypto company Libereum bought Spanish football club Elche CF; however, the club has denied this rumours and at least for now, it is not an official acquisition. In a press release, Libereum informed the crypto world that they have “become the owner of the Spanish […]
Samsung, the South Korean electronics giant, is ready to launch its blockchain and cryptocurrency equipped smartphone as it is seeking for a trademark in the UK Intellectual Property Office. The filing suggests that Samsung is considering the integration of a cryptocurrency wallet into its smartphones. The filing backs previous rumours that say the company has […]
Italy has created a team of 30 financial, business, academic, law and technology experts to lead the national blockchain strategy according to an announcement from the government. The Ministry of Economic Development has issued a list of 30 experts on Thursday that contains people across different areas to build the strategy for blockchain in regulation, […]
The blockchain and cryptocurrencies path is unstoppable, or at least this is what the market thinks. In a recent acquisition of a cryptocurrency exchange platform by a Winery retailer, its chairman highlighted the advantages of the crypto industry. Raymond Ting Pang-wan, chairman at Madison Holdings Group, said that “Japan represents about 20% of bitcoin trading […]