Circle Internet Financial, one of the markets most well-known and well-funded crypto startups is acquiring crowdfunding firm SeedInvest in order to make it easier for startups to issue digital coins and to allow its customers to trade a greater variety of digital tokens. Major Development in Tokenized Securities SeedInvest was founded in 2012, and is…
Instead of fazing institutions, the dismal performance of the crypto market and the continued maturation the industry backing has continued to attract well-established firms from across the globe. Most recently, a handful of Wall Street heavy hitters have downed the red pill, revealing that it is time for financial institutions, like themselves, to step out…
Despite the dismal performance of crypto assets, this space continues to receive attention from prominent thought leaders in traditional capital markets, making it evident that this industry shows promise and is much more than a well-thought-out fad or trend. “Clearly, Crypto Is Here To Stay” The brain drain of the legacy market has continued, with Ric…
Binance had to move its headquarters from China to Japan in the wake of the PBoC’s crackdown against local cryptocurrency firms. But that didn’t discourage it from becoming the world’s leading cryptocurrency exchange. The company is now making waves in Australia as it invests USD$2.5 million into a local blockchain startup. A report from Business Insider confirmed…
The only U.S. Bitcoin investment trust, GBTC, has dropped to its lowest levels of the year — down 10% last week alone. Bitcoin’s current price certainly has an effect, but these levels are more-so a response to a combination of other factors: high fees associated with the fund, investor attraction from GBTC competitors, and regulatory…
Blockchain technology has been around for a while now. Even so, the technology is still considered to be in its infancy. Over the years, the industry has gone through dramatical changes. Most of them came after the introduction of cryptocurrencies. At first, there was only Bitcoin that has quickly started to rise in popularity and…
Marshall Islands-based 1Broker has been in a flurry as of late, as the crypto-focused investment services provider came under heavy fire from the top guns of the free world, American regulators and their closest compatriots. 1Broker Sees Court Case Develop, Positive Signs As reported by NewsBTC on September 28th, 1Broker, a foreign crypto startup, was unexpectedly…
One of the most pertinent issues facing the cryptosphere today is regulation, as members of prominent governmental agencies, like the Commodities Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC), have yet to come to a unanimous opinion on how this nascent space should be regulated and managed. However, a leading member of the CFTC intends…
It goes without saying that the crypto industry is built on and by its users, but a majority of the world’s population have yet to interact with blockchain technology, and subsequently, cryptocurrencies. However, one of the largest social media giants on the globe intends to amend this problem, recently launching a series of protocols, platforms,…
Blockchain technology continues to thrive in India. In contrast, the stance toward cryptocurrencies remains negative and unfriendly. So much so that major crypto exchanges like Zebpay were forced to shut down. Cryptocurrency Exchanges in India Forced to Close Shop The situation regarding crypto in India continues to deteriorate. A lack of proper regulations, as well…