About Author:
1 Confirmation with Jeff and Dave
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
The Federal Financial Supervisory Authority of Germany, commonly referred to as BaFin, on May 28, 2019, issued a warning against cryptocurrency exchange Coinbene stating that it was operating without a license. German Regulator Lashes out at Coinbene Currently ranked as the ninth largest cryptocurrency exchange platform by reported trading volume,...
On May 28, 2019, cryptocurrency analytics firm Diar published a report that paints a rather gloomy picture of the fate of Facebook’s payment-focused cryptocurrency GlobalCoin. According to the report, the social media website’s user demographics could prove to be a huge challenge to GlobalCoin’s mainstream adoption. GlobalCoin Is a Payment-Focused...
According to a report by Egypt Independent published on May 28, 2019, a new banking law drafted for the Central Bank of Egypt (CBE) would make it illegal to form or operate a crypto-based business without obtaining the mandatory licenses in advance. Egypt Shows its Crypto-Averse Stance If an official...
In a blog post published May 28, 2019, cryptocurrency exchange platform Binance gave details on the recently concluded initial exchange offering (IEO) of blockchain project Harmony (ONE) on Binance Launchpad. 1.58 Billion ONE Tokens Sold The Binance Launchpad recently hosted its fifth IEO of 2019. Harmony’s IEO went live on...
On May 27, 2019, prominent cryptocurrency exchange Binance published a blog post explaining the nuts and bolts of margin trading. The timing of the blog post is especially interesting as it comes at a time when the crypto community is full of hearsay of Binance introducing the margin trading feature...
Japanese cryptocurrency exchange Taotao tweeted on May 27, 2019, that it will officially launch its trading services from May 30, 2019. Yahoo! Japan’s Crypto Exchange Is Coming Soon Staying true to their habit of fidgeting with new technology, the Japanese have typically been one of the loudest proponents of cryptocurrencies....
Major Indian telecom service providers including Vodafone Idea, Reliance Jio, and Bharat Sanchar Nigam Limited (BSNL) are poised to roll out blockchain-powered solutions to tackle the widespread menace of spam calls and messages faced by more than a billion mobile phone users in India. This according to a report by...
Accounting firm Grant Thornton LLC on May 27, 2019, provided an update regarding the petition for bankruptcy filed by the now-defunct cryptocurrency exchange Cryptopia. The company said that it is working towards preserving the exchange’s users’ data stored and hosted on the servers of a U.S.-based firm. Cryptopia Falling Hard...
Blockchain-powered fan engagement startup Socios.com on May 24, 2019, unveiled a new advert on LinkedIn that gives a glimpse into the real-life use case of its football app. Make Decisions for Your Favorite Football Club The rapid pace of technological advancement is gradually changing the manner in which humans interact...
Smartphone users in India can soon say goodbye for good to unsolicited pesky calls and messages as one of the country’s largest telecom companies, Bharti Airtel in partnership with IBM plans to deploy a blockchain-powered pan-India network. This according to a report by Economic Times Telecom, May 23, 2019. Adios,...
According to a BBC report published on May 24, 2019, Facebook is in the final phase of launching its secretive cryptocurrency project. Crypto Project to Go Live in Q1 2020 Social media giant Facebook has for months been reportedly working on a cryptocurrency project. Reports until now have implied that...
Major cryptocurrency exchange Coinbase announced on May 23, 2019, that it had listed Maker’s stablecoin Dai (DAI) on its trading platform. With this, users of Coinbase.com and its Android and iOS apps will now be able to buy, sell, and store DAI. Welcome DAI According to the announcement, Coinbase users...
Cryptocurrency trading firm Robinhood on May 23, 2019, announced that it had launched its zero-fee crypto trading app in New York. Robinhood Enters New York After bagging the coveted BitLicense from the New York State Department of Financial Services (NYFDS) in January 2019, Robinhood has now announced that its users...
The cryptocurrency exchange Bitfinex on May 23, 2019, had a sigh of relief amidst the ongoing Tether (USDT) controversy as it won a partial block on demands for information from the New York Attorney General (NYAG) Office, Bloomberg reports. A Temporary Respite Sources state that New York Supreme Court Judge, Joel...
According to a Bloomberg report published May 23, 2019, digital currency investment company Grayscale Investments LLC is poised to open its Etheruem Trust to retail investors after receiving approval from the Financial Industry Regulatory Authority (FINRA). Grayscale Ether Trust Now Open to Retail Investors Grayscale launched its Ethereum Trust at...
