Category: Editor’s Choice

New York Gives Bitlicense to Crypto Derivatives Provider Seed CX

Photo: Seed CX / LinkedIn The New York Department of Financial Services (NYDFS) granted virtual currency licenses to two subsidiaries of crypto derivatives provider Seed CX. Seed Digital Commodities Market and Zero Hash have received approval from NYDFS Superintendent Linda Lacewell who announced that both companies received BitLicenses, adding that […]

Trump Has the Power to Ban Bitcoin, But Can He Really Do It?

Trump says that he is not a fan of cryptocurrencies, especially Bitcoin, but can he ban its transactions and operations in the United States or Congress stands in his way legally? The United States President finally commented about the cryptocurrency industry last week on July 12 since taking office in […]

Wall Street-Backed Blockchain Consortium R3 on Its IPO Consideration

Blockchain consortium startup R3 is said to be considering an Initial Public Offerings (IPO). Sources familiar with the report reveals that R3 is in talks with an adviser over a potential public listing. A blockchain-software firm R3 which works with over 200 giant companies such as Wells Fargo & Co, […]

CZ Binance: Retail Investors are Steering The Crypto Price Rally

Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, thinks Binance CEO ChangPeng Zhao. He states that this growth is partly due to increased margin trading availability. This year’s crypto rally is most certainly proponed by the arrival of big institutions and […]

SEC Approves YouNow’s Ethereum Token ‘Props’ With a Reg A+ Reward

The SEC has approved YouNow’s Ethereum token enabling investors to use an alternative investment method to acquire a financial stake in companies through participating in community developing engagements. After cracking the whip on initial coin offerings (ICOs), the U.S. Securities and Exchange Commission (SEC) approved the first two RegA+ tokens. […]

FED Chairman Jerome Powell Compares Bitcoin to Gold

Just recently, during his testimony before the Senate Banking Committee, FED Chairman Jerome Powell looked into the Facebook’s Libra cryptocurrency, compared Bitcoin to Gold, saying that it’s an alternative to the asset. Recently in a hearing with the Senate Banking Committee, Jerome Powell was talking about Facebook’s recent cryptocurrency project […]

Visa, Blockchain Capital, and Others Back $40 Million for Anchorage Crypto Custodian

Anchorage has announced that they have raised around $40M in a Series B funding round. A few of the large backers include Visa, Blockchain Capital, and Andreessen Horowitz. Anchorage provides crypto custody services for institutional investors. Recently, Anchorage confirmed the closure of their Series B funding round which raised around […]

Gemini Exchange Might Join Facebook’s Libra Association

In recent news, Tyler and Cameron Winklevoss have admitted that they might soon join the Libra Association. This is considered as a surprise taking into consideration their previous disagreements with Mark Zuckerberg about the idea behind Facebook. Just recently, Gemini founders – the Winklevoss twins – admitted that they are […]

Sony Plans to Target Hardcore Gamers With PlayStation 5, a Gamble or a Smart Move?

The PlayStation 5 gaming console with host high-end next-generation tech but will come with a premium price tag. Is the market ready for the shift? Read to find out more. Sony’s upcoming PlayStation 5 launch has already got everyone talking about it. The launch of new PlayStation models always creates […]

Samsung Launches Beta Version of its Blockchain SDK for Android App Developers

Samsung Group – the South Korean multinational conglomerate ushers in an era of the next generation smartphones, announcing the release of the beta of its SDK embedded into the Ethereum blockchain. Samsung, the global leading smartphone vendors with a user-base of over 71 million worldwide unit shipments (from 2010 – […]