In spite of the mixed market conditions, innovators with the cryptocurrency industry pushed forward, releasing new products and services that are likely to alter how this space operates and performs. LedgerX To Add Ethereum Derivatives Vehicle Insider sources from the New York-based LedgerX have revealed that the crypto startup intends to offer Ethereum derivatives in…
Fidelity Investments is a 72-year company with more than $7 trillion in investor’s funds under management, and despite their well-established position within the traditional retail markets, they are incredibly open to nascent technologies, like cryptocurrency and blockchain. Fidelity’s openness to blossoming new technologies is setting themselves into a unique niche. In certain ways, it is…
As made quite apparent by the recent regulatory crackdown on 1Broker, a lesser-known crypto trading platform, centralized exchanges are becoming increasingly susceptible to external risks, like regulation and manipulation. Hence why many believe that secure, efficient, no frills attached decentralized exchanges (DEXs) can’t come fast enough. With a string of recent announcements, it has become…
An investigative report has been published regarding the popular crypto exchange ShapeShift AG, a firm that is registered in Switzerland. Money laundering is the problem at hand, and the report highlights a potentially worrying theme: that ShapeShift enables anonymous users to convert Bitcoin–which authorities can’t track–into other digital currencies that allow for much more anonymity. Wall…
Running your crypto project or ICO? Be prepared in advance that your startup may not only attract investors but also hunters for their money and data. According to the Ernst and Young report, which analyzed more than 370 tokens sales, every tenth dollar earned or invested in ICOs becomes prey to hackers. The authors also…
A group of major players in the crypto and blockchain industry have joined forces to pay D.C. lobbyists to ensure that US lawmakers pass legislation that is friendly to the crypto and blockchain industry. The group of fintech firms that are joining forces will be paying the lobbyists partially in crypto, and includes Ripple among…
A new press release published yesterday claims that FedEx, the U.S.-based courier delivery service has just joined Hyperledger. FedEx Becomes Hyperledger’s New Partner According to the press release, FedEx has just partnered up with Hyperledger, an open-source blockchain project that aims to revolutionize cross-industry blockchain technologies. Hyperledger is hosted by the Linux Foundation, and its goal…
The world of cryptocurrencies has many secrets, despite its young age. However, as this technology promotes transparency, many of those secrets are slowly being discovered. One such secret includes the sudden rise of crypto exchanges, many of which were next to unknown only a few, short months ago. Crypto Exchanges Reporting Fake Volumes Today, exchanges…
Although the number of individuals signed up for Coinbase has reportedly surpassed 20 million, boasting a user base that some institutions would envy, some analysts claim that the crypto and blockchain industry and the firms backing it still have the potential to undergo a monumental round of maturation and expansion. “Coinbase: The Stock Broker For Poor…
SBI Holdings, a Japanese company with major banking subsidiaries including SBI Securities, SBI FXTRADE, and SBI Virtual Currencies, has received the green light from Japanese regulatory authorities to move forward with their partnership with US-based Ripple in order to launch a new joint venture called SBI Ripple Asia. The newly approved venture has been in…