Romania-Based Crypto Exchange CoinFlux Tries to Pacify its Clients Following the Arrest of the CEO

Romania-Based Crypto Exchange CoinFlux Tries to Pacify its Clients Following the Arrest of the CEO

CoinFlux, one of the biggest crypto exchanges and firms in Romania, has issued a message to its clients notifying them that digital currency trading and other activities within the crypto exchange have hit an unexpected halt due to an ongoing investigation of the authorities. The message states that the recent development has led to the freezing of the company’s account, affecting the firm’s wallet and other activities. The company also lost the right to their…

Read More

Good Money Raises $30 Million for Values-Based Digital Banking Services

Good Money Raises $30 Million for Values-Based Digital Banking Services

Good Money, a digital banking platform which features best in class online and peer to peer banking services, values-based banking, offers FDIC insured savings accounts generating 2% yields, free ATM withdrawals to the users, provides low consumer loan rates and does not charge an overdraft fee announced that they have raised $30 million in Series A funding led by Galaxy Digital via its Galaxy EOS VC Fund. Good Money aims for its customers to receive…

Read More

Second Largest Bank in South Korea Adopts Blockchain Technology to Improve Banking Services

Second Largest Bank in South Korea Adopts Blockchain Technology to Improve Banking Services

South Korean local media reported on Monday, the 10th of December 2018 that Shinhan Bank, a leading South Korean bank, has begun a process of implementing blockchain solutions in its daily working process. This project is part of a broader plan that aims to integrate new technologies with traditional financial services systems. A bank official who spoke on the condition of anonymity stated the following: Prior to the blockchain-based process, there had been no standardized…

Read More

Morgan Creek’s $1 Million Bet: Crypto Index Will Outperform the S&P 500

Morgan Creek’s $1 Million Bet: Crypto Index Will Outperform the S&P 500

Confidence seems to be high in the asset management firm Morgan Creek Digital as its owners are betting $1 Million dollars against the S&P 500. This bet is similar to the one famed investor Warren Buffet made against asset manager Protégé Partners in 2007, that an index fund will outperform 5 actively managed hedge funds. He won the bet which was worth $1 million, proving that his opinion on virtual currency was right and then…

Read More

Beta Funds for Bitcoin and Ethereum Launched by Bitwise

Beta Funds for Bitcoin and Ethereum Launched by Bitwise

The launch of two new low-cost beta liquid funds holding Bitcoin and Ethereum exclusively was announced by Bitwise Asset Management, a cryptocurrency asset manager involved in the development of funds, indexes, insight, and other services. This firm provides professional services to individuals, financial advisors, family offices, investment managers, and institutions in navigating cryptocurrency. These new funds (The Bitwise Bitcoin Fund and the Bitwise Ethereum Fund) are the second and third strategies in the Bitwise fund…

Read More

Southern European Countries Team Up to Promote Blockchain Technology

Southern European Countries Team Up to Promote Blockchain Technology

A group of seven southern European countries including France, Spain, Cyprus, Portugal, Italy, Malta, and Greece met in Brussels on December 4 2018 to discuss an initiative to promote blockchain in the region. The meeting was centered on using blockchain technology as a developmental instrument to transform their economies. The group, which plans to make southern Europe a leading region in the tech sector, has pledged to launch initiatives to investigate and try the ‘new’…

Read More

Indian Business School Issues Blockchain Enabled Certificates to over 1,000 Students

Indian Business School Issues Blockchain Enabled Certificates to over 1,000 Students

Revolution is indeed underway. The latest development in the crypto sphere in India now allows employers, students, companies, and institutions to validate the authenticity of certificates without stress. The fight against fake certificates has been ongoing in different countries in the world. Advocates have cried out on the noxious effect of poisoning the job market with fake certificates, necessitating a new way of validating certificates. Efforts to combat this sort of forgery have been pumped…

Read More

Ohio’s Technology Funds Pledge Millions of Dollars to Finance Blockchain Startups

Ohio’s Technology Funds Pledge Millions of Dollars to Finance Blockchain Startups

The last crypto-related news from the state of Ohio showed that the state is all set to become a leading member in the tech world as it became the first state to accept Bitcoin as payment for taxes for businesses. Now, a recent report from Northeast Ohio news outlet, Cleveland, stated that the state is not ready to play second fiddle to any state. It has embarked on a project worth hundreds of millions to ensure…

Read More

Crypto Boss and Ethereum Founder Vitalik Buterin Receives Honorary Doctorates from Basel University

Crypto Boss and Ethereum Founder Vitalik Buterin Receives Honorary Doctorates from Basel University

Like the popular saying – give honor to whom honor is due – the young crypto lord, Vitalik Buterin, alongside other recipients on November 30, 2018 received an honorary doctorate for his unmatched contributions to the crypto ecosystem. Some of the other recipients include Robert Reiner (a medical engineer), Armin Coray (an illustrator), Hansjórg Schneider (a writer), Thomas R. Insel (a neuroscientist), Verena Grether (the hospice founder), Thomas Stadelmann (a federal judge), and Hans-Martin Barth…

Read More
1 2 3 6