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Hedge Fund Manager: Near Impossible to Short Bitcoin Bubble

December 12, 2017 by Priyeshu Garg at Bitcoin, Business, Commentary, News, Tech

After a volatile week of trading, the heavily-debated introduction of bitcoin futures on December 10, 2017, appears to have done wonders for the digital currency. Bright Futures The expected dip in value due to the futures launch was averted as bitcoin traded at exactly $17,000 at the time of writing....

Former French Central Bank Exec Calls for more Blockchain Integration

Unlisted Securities Trading on The Blockchain Cleared in France

December 11, 2017 by Priyeshu Garg at Blockchain, Business, Finance, News

France has paved the way for the trading of unlisted securities using blockchain technology, thus becoming one of the first nations to have a go at a reform of this nature and magnitude. Tapping an Active, but Unknown Market The decree, announced by Finance Minister Bruno Le Maire, is expected...

Why the Euro Will Be More Destructive Than Bitcoin

December 10, 2017 by Andrew Weilbacher at Altcoins, Bitcoin, Blockchain, Finance, Mining, News

Over the past few months, bitcoin mania has set in and is driving an enormous increase in the investment of cryptocurrencies. Digital monies have increased the total market capitalization by billions, taking in new funds from nearly every country in the world. These leaps in value have created entrances for...

Bank of America Applies for Crypto Exchange Patent While Central Banks Continue to Shun Bitcoin

December 9, 2017 by Priyeshu Garg at Bitcoin, Blockchain, Business, Finance, News, Regulation

Whether they plan to open a cryptocurrency exchange or are just keeping their options open, the Bank of America has an ace up their sleeve. Crypto Patent America’s second-largest bank (with assets totaling $2.17 trillion) has been successful in its recent patent application for a “Cryptocurrency Transformation System.” View the...

Revolut Merges Mobile Banking With Cryptocurrency Trading image

Revolut Catches The Bitcoin Bug: Offers Bitcoin and Cryptocurrencies Trading

December 8, 2017 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News

With the constant surge in the price of bitcoin, the Blockchain technology-based cryptocurrency also has become quite ubiquitous. Bitcoin has proven it's just irresistible and too hard to ignore for institutional investors, FinTech companies and to some extent government. Although Bitcoin has been in existence since 2009, when the anonymous...

UBS Seeks Smart Contract Blockchain Patent

December 8, 2017 by Priyeshu Garg at Blockchain, Business, Commentary, Finance, News, Tech

UBS is one of the biggest financial service companies in the world today, and they have been trying to find a way in which they can better protect their computer systems. Cybersecurity a Growing Priority There has been a lot of attention recently placed on cybersecurity by corporations both big...

Bitcoin “In No Way a Currency,” According to Bank of France

December 7, 2017 by Priyeshu Garg at Bitcoin, Commentary, News, Regulation

The Governor of the Bank of France spoke about bitcoin at a recent conference in Beijing. The governer is yet another administrative skeptic to speak out aginst the disruptive capacities of the new asset class. Bitcoin's Volatility and User Compliance The warning from Francois Villeroy rang loud and clear in...

India: Infosys Launches a Suite of Blockchain Solutions

Infosys Finacle Launches New Blockchain Platform for Banks

December 3, 2017 by Rahul Nambiampurath at Bitcoin, Blockchain, Finance, News

Infosys Finacle, a subsidiary of one of India’s largest IT firms Infosys, announced the release of a new blockchain-based trade finance platform on November 29, 2017. Moving to the Digital World The platform is being called Finacle Trade Connect and will aim their services at financial institutions in the trade...

Bank of England Claims Bitcoin not big enough to Threaten Global Economy

December 2, 2017 by Priyeshu Garg at Bitcoin, Commentary, Finance, News

With bitcoin managing to bypass the $11,000 milestone for the first time and as it is now trending fast towards the five-figure market, a lot of people in the world of finance are starting to sit up and take notice. Measuring Bitcoin's Economic Impact For the past number of years,...

Axis Bank teams up with Ripple to bring Blockchain-based Remittances to the Mainstream

November 30, 2017 by Rahul Nambiampurath at Blockchain, Business, News

On November 22, 2017, Axis Bank, one of India’s largest private sector banks, unveiled its new instant payment service system in partnership with Ripple. Retail channels can now choose to receive payments from UAE’s RAKBANK, while Standard Chartered Bank in Singapore will facilitate transactions for Axis Bank’s corporate customers. Ever...

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