Category : Cryptocurrencies

US SEC Chairman Jay Clayton Confirms ETH Is Not a Security

Ethereum and cryptos like it aren’t securities, confirms U.S. SEC Chairman Jay Clayton

Binance’s Official Crypto Wallet Adds Support for XRP and Credit Card Purchases

The official wallet of leading crypto exchange Binance, Trust Wallet, has added support for XRP and credit card purchases of crypto

Up & Down: Large Volume for Today’s Gainers, ENJ and COSM Among Losers

In today’s market action, several of the day’s top 20 gainers have seen eight-figure trade volume over the last 24 hours including GRS, VIA, DMT, and CVC. When looking at the worst performing markets, ENJ and COSM command the largest volume of the da...

Startup Finturi Raises $2.2 Million for Its Blockchain-Based Invoice Finance Platform

Netherlands-based startup Finturi has raised $2.2 million to link businesses seeking loans with financiers using blockchain and AI

Crypto Startup Behind Alibabacoin Agrees to Stop Using ‘Alibaba’ Name After Legal Action

The startup behind the former Alibabacoin has changed its name after legal action by Chinese e-commerce giant Alibaba Group

Active Development for Most Bitcoin Forks Evaporates

A report published by Electric Capital has estimated that the number of developers working on public cryptocurrencies has doubled since January 2018. The research found that Ethereum has the largest development team of all established crypto assets,...

HSBC Seeks Banking Partners in South Korea to Launch Voltron Blockchain Platform

International banking giant HSBC seeks Korean banking partners to deploy the R3-backed blockchain platform Voltron in the region

Textbook Case of Crypto Hype: How Iced Tea Company Went Blockchain and Failed Despite a 289 Percent Stock Rise

Back in December 2017, simply adding “blockchain” to your company name could trigger a 300 percent stock rise. Long Island Iced Tea did just the same thing, but here’s why the whole beverage-firm-turned-blockchain-enterprise scheme didn’t work, despi...

Client Demand for Crypto Payments Needs Cautious Response From Lawyers, Expert Says

Lawyer explains that, despite the trend, accepting crypto payments for legal services needs close attention

Russia: Central Bank Suggests Limiting Sale of Crypto Assets for ‘Unqualified Investors’

The Central Bank of Russia wants to set a yearly limit of $9,100 for “unqualified investors” dealing with crypto assets

In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet

In this edition of The Daily we cover a funding round by a Swiss startup that lists crypto instruments on the SIX exchange, an expansion of the Coinsource ATM network using a new business practice, and a new feature added to the Etoro wallet. Also R...