Tag Archives: blockchain

Cryptos a “Solution in Search of a Problem,” Says Billionaire Investor Ken Griffin

Cryptos a “Solution in Search of a Problem,” Says Billionaire Investor Ken Griffin

With hedge fund billionaires on all sides chipping on the state of cryptocurrency markets, one such investor has been keen to place himself firmly in the sceptical camp. Ken Griffin, founder and CEO of Citadel Investment Group, today made it perfectly clear that he was not an admirer of the booming cryptocurrency industry. Talking at the Delivering […]

IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

IBM Is Helping Launch a Price-Stable Crypto With FDIC-Insured Funds

The latest attempt to create a cryptocurrency pegged to the U.S. dollar, or “stablecoin,” combines 21st-century technology with an invention from the Great Depression. Announced Tuesday, a startup called Stronghold is launching USD Anchor, which will run on the rails of the Stellar blockchain and use its consensus mechanism to verify transactions. The token will be backed […]

Bitcoin Above $7,000 as Positive Momentum Continues Following Yesterday’s Market Upswing

Bitcoin Above $7,000 as Positive Momentum Continues Following Yesterday’s Market Upswing

July 17: Crypto markets are largely continuing to build on a major upswing that kicked off yesterday, July 16, according to Coin360 data, with virtually all of the top ten coins by market cap in the green. Market visualization from Coin360 Ongoing positive momentum now looks set to reverse the major valuation losses incurred last week, which could now prove to have […]

New Mining Pool Vows to Enhance Profitability While Reducing Power Consumption

New Mining Pool Vows to Enhance Profitability While Reducing Power Consumption

A startup blockchain company, with a team featuring former executives from Samsung Electronics, have unveiled plans to invigorate the way cryptocurrency mining is performed – creating an infrastructure designed to enhance profit and help blockchain technology become more prolific in everyday life. 12SHIPS says it wants to tackle some of the issues that miners currently […]

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reportstoday, July 16. The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the cross-industry working group convened by BlackRock will among other things focus […]

How Malta Is Becoming the Blockchain Hub of the World: A Talk With Leading Law Firm

How Malta Is Becoming the Blockchain Hub of the World: A Talk With Leading Law Firm

On July 4, 2018, the Parliament of Malta approved a regulatory framework for blockchain technology, making Malta one of the most ‘blockchain-friendly’ countries in the world. Cointelegraph talked to Simon Schembri, a partner at Ganado Advocates — one of the leading Maltese law firms that was involved in drafting the legislation — about what it means for […]

World’s Fourth-Largest Stock Exchange Eyes Blockchain Use in Securities Transactions

World’s Fourth-Largest Stock Exchange Eyes Blockchain Use in Securities Transactions

The world’s fourth-largest stock exchange released plans to use so-called distributed ledger technology (DLT) in securities transactions July 10. The Shanghai Stock Exchange (SSE), which as of December 2017 had a market cap in excess of $5 tln, said in a report that “most people” consider that blockchain technology can “help improve the transparency of the securities industry.” “Part of the […]

Binance Exchange Backs First-Ever Decentralized Bank in Malta

Binance Exchange Backs First-Ever Decentralized Bank in Malta

Binance, one of the biggest cryptocurrency exchanges in the world, is reportedly among a number of investors backing a decentralized bank to be launched in Malta. Bloomberg reported Thursday that Binance had confirmed it has acquired a 5 percent stake in the so-called Founders Bank at a €133 million euro ($155 million) pre-investment valuation. Founders Bank will have […]

What is Ethereum? | The Ultimate Beginners’ Guide

What is Ethereum? | The Ultimate Beginners’ Guide

Ethereum is an open-source blockchain-based platform that essentially enables hundreds of decentralized cryptocurrencies and projects to be built and deployed exist without having to build their own blockchains. With the second largest market cap in the cryptocurrency world, Ethereum has drawn a lot of attention from investors and crypto enthusiasts alike. Ethereum not only presents […]