JP Morgan Becomes a Crypto Believer

“This time it’s for sure”, at least it is what CNBC is saying as a report explains that JP Morgan – once a cryptocurrency denier – is working on the first ever US Bank backed cryptocurrency, according to a note from CBNB. It is huge, one of the most important banks in the world is […]

MUFG to Launch Blockchain Payments in 2020

The biggest bank in Japan, the Mitsubishi UFJ Financial Group, also known as MUFG, announced it will introduce a blockchain powered payment network in one year, according to a press release published by the company. In a partnership with United Stated finch form Akamai Technologies, MUFG will develop a blockchain system called the Global Open […]

Nasdaq To Add Two Crypto Indices to Its Portfolio of Services

The United States Stock Exchange Operator Nasdaq announced today the addition of two new cryptocurrency indices this month according to a press release published by the company. Nasdaq and Brave New Coin has partnered to offer BLX, Bitcoin Liquid Index, and ELX, Ethereal Liquid Index. The indices will be quoted in US Dollars and will […]

Worried about cryptocurrency taxes? Don’t be. Here’s why.

As the old adage goes, the two things you can’t avoid in life are death and taxes and unfortunately, with cryptocurrencies, it is no different. While of course, the nature of cryptocurrencies may sometimes feel autonomous from the tax-world, this isn’t the case. As such, being knowledgeable about it can save traders a lot of […]

SendFriend Raises Capital for a Blockchain Remittance Platform

Remittance service startup SendFriend announced $1.7 million in funding capital to work in a blockchain-powered remittance platform that will reduce fees, according to a press release published by the company. Following the funding round, SendFriend will partner with top names in the technology market such as MIT Media Lab, Barclays, the Mastercard Foundation, Ripple, and […]

Exmo Exchange Announces New Commission Rates

The online cryptocurrency exchange Exmo has been busy this week updating its service and in the last few days, some important news surrounding commissions has been announced.  Free Tether Deposits If we first kick off with the best news, which surrounds Tether (USDT). As of last Sunday, Exmo has removed all commission on deposits via […]

UK Customs Suspends Blockchain Border Project Until Brexit

The United Kingdom’s Revenue and Customs office have decided to delay its Blockchain powered project for custom needs according to a UK parliament statement published this week. Answering a question from Member of Parliament Eddie Hughes from Walsall North about the plans of the government about the use of blockchain for custom systems and processes […]

Bitcoin Fees Fall to New Lows Since 2015 as Transactions Hit New Highs

Bitcoin median fees declined to levels not seen in 4 years as the transactions of the king of cryptocurrencies hit the 9-million mark last month, a level not seen since December 2017, according to a research published by crypto and bitcoin research firm Diar. As the note says, “total monthly Bitcoins moved on-chain standing at […]

Binance CEO Spearheads Resurgence Amid Crypto Winter

Binance Coin (BNB) has taken just 19 months to break into the Top 10 Cryptocurrencies in the world, and with a 70% market increase in the last month, the next 19 months are looking even more interesting. Despite only being founded in 2017, by early 2018 Binance had emerged as the world-leading cryptocurrency currency exchange. Twelve months on […]

A Blockchain Solution for California Drought

New York-based technology company IBM is on fire regarding new technologies like blockchain as the company announced a new project to solve social and environmental problems. According to a press release published by IBM, The Freshwater Trust, SweetSence Inc, and IBM Research are partnering to pilot blockchain-powered technologies that will monitor and track groundwater use. […]