A promising demand prediction for crypto mining chips led AMD on a manufacturing spree. But the chipmaker’s latest revenue forecast reveals that it misread the market. The American multinational said that it now expects the revenue of the fourth quarter of 2018 to be about $1.45 billion. That marks a 150 million dollar cut from the…
Denmark-based cryptography specialist Sepior has partnered with Japanese online financial services firm SBI Group to jointly develop a proprietary wallet on SBI’s Virtual Currencies exchange platform, VCTRADE. Cryptography Specialist Sepior Agrees to Boost VCTRADE’s Security With Threshold Wallet Technology The financial services giant licensed Sepior’s Threshold Wallet technology, which addresses online wallet and transaction security using…
Fiat-to-crypto trading is now live on the Uganda-facing division of the hugely successful trading platform Binance. As part of a wider commitment to encouraging blockchain being used for charitable causes, its CEO, Changpeng Zhao, announced that his exchange would donate $500,000 to local causes through the firm’s charitable wing. Binance Execs Spy Big Opportunities in…
New reports from Japan confirm that the country’s financial watchdog has granted a self-regulatory status to the crypto industry. The decision will allow the Japan Virtual Currency Exchange Association (JVCEA) to bring new rules for Japanese crypto exchanges, as well as to sanction those that fail to comply. New Move Expected to Improve Exchange Security…
In spite of Jeremy Allaire’s cries for the G20 to manage the crypto industry with global action, the startups backing this nascent industry have continued to rapidly gain regulatory traction in New York State, arguably the world’s foremost financial market. New York Regulator Awards Coinbase With Custodian License When it comes to financial capitals of…
The government of Albania has stated that it will be considering the creation of cryptocurrency regulations. The eastern European nation hopes to encourage innovation, investment and, in turn, create jobs relating to the transformative financial technology by providing a welcoming base of operations for startups. Albania Hoping to Lure Investors and Startups with Crypto Regulation…
Even amid bearish market conditions, the regulatory status of crypto assets remains a hot-button topic, as global governments attempt to discern how to best approach this emerging market. Leading the charge for fair regulation is arguably the U.S. Securities and Exchange Commission (SEC), which has done its best to protect investors from unwarranted financial risk,…
The launch of Tron’s first large-scale decentralized application has pushed its daily transaction volume ahead of Ethereum’s for the first time. TRONbet, a provably-fair dice game, is one of the many gaming #dapps that are being built on the #TRON network. On the first day of the release, TRONbet was played over 10,000 times. Check…
Forbes Media today launched the beta version of it Forbes CryptoMarkets, in partnership with investment firm NewCity Capital and Trade.io, which suffered a hack that resulted in $7.5 million in cryptocurrency tokens being stolen from a cold storage wallet. Forbes Launches CryptoMarkets Data Portal for Tracking Crypto Prices Media powerhouse Forbes Media LLC, has unveiled a…
Online Swiss bank Swissquote announced the launch of its ICO offering, becoming the first bank worldwide to allow customers to buy tokens issued within an initial coin offering (ICO) supported by the Swissquote platform. Swiss Diamond Producer Set to Raise $60.73 Million in First Bank-Mediated ICO Ever As the financial industry adapts to the emerging…