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.
Ethereum (ETH), the largest altcoin concerning market cap seems to be on a long ride down, as the price of the smart contracts-focused crypto token has slumped considerably in the past few weeks. However, this has not deterred enthusiasts from exploring new horizons, as according to a report on Forbes,...
According to a report by The Times of Malta, published on September 11, 2018, cryptocurrency exchange giant Binance has effectively signed a memorandum of understanding (MoU) with the Malta Stock Exchange to launch a new digital platform for security tokens. The agreement was approved by the Malta Stock Exchange chairman...
The Bank of Korea officials have raised concerns regarding the possible resurfacing of ‘Kimchi Premium,’ a difference in cryptocurrency prices in the South Korean exchanges vis-à-vis foreign exchanges. Per a report by Yonhap News, on September 11, 2018, the BOK has tightened its strings around this price differential asking for...
The Chinese continue to march forward in their mission to imbibe the blockchain technology into their economy, with the latest development being a Chinese government agency’s plan to utilize distributed ledger technology(DLT) for social services. Per an action plan published by the Chinese Ministry of Civil Affairs on September 10, 2018,...
Singaporean cryptocurrency exchange, KuCoin is set to enter the Australian waters as it looks to expand its operations down under. Per a report by The Australian Financial Review on September 9, 2018, KuCoin has made an investment of $3 million in the Aussie exchange Bitcoin Australia. Along with this, the...
Lightyear Corp., a firm focused on the Stellar blockchain has acquired the San Francisco based DLT start-up Chain Inc. Per a report published by Reuters on September 10, 2018, Chain’s CEO Adam Ludwin has confirmed the deal. Terms of the Deal Both, the Chain and Lightyear brand will be amalgamated...
Even though the ongoing slump seems to have scaffolded the crypto markets, financial giants continue to test their mettle in the cryptosphere. Per a report by Business Insider published on September 9, 2018, Citigroup Inc. is fidgeting with a fresh idea to securely invest in cryptocurrencies in the form of...
TransferGo, a digital payments solutions firm headquartered in London has announced that it has extended its remittance services to India. Per a press release published on September 5, 2018, TransferGo will serve its customers in India, enabling swift real-time remittances from “anywhere in Europe” with aid from Ripple’s blockchain solutions....
Stock and cryptocurrency trading platform Robinhood is planning to launch an Initial Public Offering (IPO), for which the company is looking for a chief financial officer (CFO). Speaking at TechCrunch Disrupt San Francisco on September 6, 2018, CEO Baiju Bhatt stated that the startup is actively seeking a CFO, and...
Lloyd’s Register, a U.K.-based maritime classification society, iterated its support of blockchain technology after it announced the development of a prototype DLT platform to enable efficient and hassle-free registration of ships. Per a press release published on September 4, 2018, the British company announced a demo of the tool at...
In what can only be dubbed a fabricated turn of events, Goldman Sachs CFO, Martin Chavez downplayed a recent report stating that the Wall Street giant has abandoned its plans to launch a cryptocurrency trading desk, calling it “fake news.” According to a report published by Techcrunch on September 6,...
Lately, Initial Coin Offerings (ICOs) have been a matter of much debate. A number of tech companies have sprung up in recent times with an aesthetically pleasing white paper, casting a favorable light on the service or product being offered, and a brief introduction about the talented individuals behind the...
Respite came knocking for ENS users amidst the current crypto market downtrend, as the Ethereum Name Service announced on September 5, 2018, that users will now be able to claim their own .xyz domain name on the ENS platform. According to a Medium post, the feature was successfully tested on...
Bittrex, one of the premier crypto exchanges in the U.S. has joined forces with Cryptofacil, a South American digital asset trading platform in a bid to provide an efficient and secure crypto ecosystem in South America (LATAM) and the Caribbean. According to a press release published on September 5, 2018,...
Hong Kong-based blockchain start-up named Crypto.com is set to launch Asia’s first cryptocurrency enabled Visa debit card. Per a report on South China Morning Post on September 5, 2018, the firm's partner bank has plans to issue 100,000 cards globally over the next two months, starting with Singapore. The debit...
