Tag Archives: Cryptocurrencies

Abra’s Blockchain App to Let Users Make Small Stock, ETF Investments

Abra’s Blockchain App to Let Users Make Small Stock, ETF Investments

U.S.-based crypto startup Abra is adding a new feature to its blockchain-based app that will allow global users to buy portions of traditional investment instruments. Announcing the news on Wednesday, Abra said the app will utilize the bitcoin blockchain and smart contracts technologies to support fractional investments in stocks, exchange-traded funds (ETFs). The app already […]

Rewriting Satoshi: Company and Uni to Build Crypto Model Addressing Bitcoin’s Shortcomings

Rewriting Satoshi: Company and Uni to Build Crypto Model Addressing Bitcoin’s Shortcomings

A crypto company has signed a memorandum of understanding with a university in the United States with the aim of building the cryptocurrency model envisaged by Satoshi Nakamoto when the Bitcoin network was launched 10 years ago. SovereignWallet says it will be collaborating with the University of Southern California’s Viterbi School of Engineering to develop […]

Nasdaq, Citi Join Novogratz in Funding Blockchain Firm Symbiont

Nasdaq, Citi Join Novogratz in Funding Blockchain Firm Symbiont

Nasdaq Inc. and Citigroup Inc. are among firms that are investing $20 million in Symbiont.io Inc., a New York-based company that’s applying blockchain technology to capital markets. Their support for Symbiont shows Wall Street’s enthusiasm for the technology behind Bitcoin hasn’t completely cooled with the collapse in cryptocurrencies. And it comes despite a growing pragmatism about the technology’s […]

Bitcoin IRA Launches White-Label Solution for Enterprises The solution is targeted to the financial advisors and wealth managers.

Bitcoin IRA Launches White-Label Solution for Enterprises The solution is targeted to the financial advisors and wealth managers.

Los Angeles-based cryptocurrency company Bitcoin IRA has announced the launch of a turnkey white-label solution for enterprise businesses. Targeted to financial advisors, registered investment advisors (RIAs), wealth managers and other licensed money managers, this system will allow their customers to invest in Bitcoin-based retirement funds. Discover iFX EXPO, Your Gateway to Asian Markets! Commenting on the launch […]

US Bill Filed To Exempt Bitcoin From Securities Law

US Bill Filed To Exempt Bitcoin From Securities Law

In the US state of Colorado, two lawmakers have recently introduced legislation which looks to exempt cryptocurrencies like Bitcoin and Ethereum and other digital tokens from securities law. Late last week, the Republican Jack Tate and the Democrat Stephen Fenberg both filed a bill called the “Colorado Digital Token Act”. This act proposes that digital tokens with […]

Coinbase Exec Leaves Crypto Exchange for Stablecoin Issuer

Coinbase Exec Leaves Crypto Exchange for Stablecoin Issuer

Another alumnus of Coinbase has left the cryptocurrency industry unicorn for a smaller startup. Vaishali Mehta, who worked as a senior compliance manager at Coinbase from November 2017 to November 2018, joined TrustToken last month as head of compliance, according to her LinkedIn profile. TrustToken, the company behind the TrueUSD stablecoin, confirmed the hire. Neither Coinbase nor […]

Token Exchange to Enable Trading of Nasdaq-Listed Companies

Token Exchange to Enable Trading of Nasdaq-Listed Companies

A Nasdaq-powered crypto startup plans to let its clients indirectly purchase shares of major firms through a token-based platform. Estonia-based DX.Exchange announced Thursday that it would launch its trading platform on Jan. 7, allowing its clients to purchase crypto tokens representing shares in different tech firms listed on the Nasdaq exchange. Customers will be able […]

Big Crypto Recovery as EOS Surges 35%: Can Bitcoin Recover to $4,000?

Big Crypto Recovery as EOS Surges 35%: Can Bitcoin Recover to $4,000?

Over the last 24 hours, the crypto market demonstrated one of the strongest single-day rallies since November, as Bitcoin (BTC)rebounded by more than 11 percent from $3,181 to $3,541. EOS, which was the sixth most valuable cryptocurrency last week ranked behind Tether (USDT) and Stellar (XLM) overtook Stellar with a staggering 35 percent price surge from $1.94 to $2.62. Since […]