The Korean giant of video gaming industry, Nexon Korea, has refuted the rumors that it is going to acquire the oldest crypto exchange Bistamp denying any intention to link cryptocurrencies to their business.
The use of blockchain considerably reduced the time of entire loan process – from negotiations to signing the loan – from a few days to just a few hours.
Nasdaq said that for them to enter the crypto-exchange business they would for the regulatory framework to become more strong and promote a healthy and stable environment.
Binance chief Zhao Changpeng has formally denied allegations made by venture capital firm Sequoia Capital. The company claimed that he had violated terms of an exclusivity agreement by holding fundraising talks with other potential investors.
The sources familiar with the matter didn’t confirm anything with surety and said that the deal in currently fluid.
Dow Jones’ subsidiary Marketwatch is adding eight digital currencies on its thacking list. Now information on ether, XRP, bitcoin cash, litecoin, monero, ether classic, dash and zcash will be displayed.
Hedge fund and asset managers across the globe are getting more serious about cryptocurrencies with a big institutional money likely to flow in.
A former US Government regulator and Goldman Sachs partner, Gary Gensiern believes that unlike Bitcoin, the other major altcoins Ethereum (ETH) and Ripple (XRP) should be considered unregistered securities.
The overall crypto market valuations have touched $420 billion as Bitcoin Cash and EOS post 10% and 15% gains respectively.
This measure by the Iranian central bank is to control its falling fiat currency ‘Iranian rial’ by limiting the exposure to foreign currencies.
While crypto market continues its positive show with Bitcoin Cash as the show-stopper, analysts remain bullish on the future.
In anticipation of Bitcoin Cash hard fork traders are actively purchasing this altcoin. BCH price is growing and has recently exceeded $1,000.
Crypto markets post a good recovery, headed by altcoins, as the overall market valuations move above $365 billion.
Basis’ Stable Coin is believed to help curb volatility by adjusting the supply depending on the demand while keeping the value of each token around one USD.
Sources familiar with the matter said that the data analytics firm is also considering using Blockchain technology to secure their online data.