At least two cryptocurrency exchanges have held discussions with US regulators about obtaining federal banking licenses, according to a report in the Wall Street Journal. If successful in obtaining the licenses, the exchanges would be able to expand their services and potentially create new pathways in the market.
Bitcoin continues to cling to life above the $8,000 mark, as the price erosion of the last week ebbed today. As of mid-morning, bitcoin prices were around $8,100 per single coin, down close to two percent from yesterday.
The rest of the cryptocurrency market mimicked that slow-motion swanning.
The Poloniex exchange has de-listed the BELA legacy coin, as the photo-sharing service switches over from its old blockchain tokens to a new ERC-20 token.
The BELA legacy coin was originally part of a blockchain-based Litecoin fork. In April, the Bela service switched from that to the ERC-20 tokens,
Blockchain platform Orbs has announced it has already raised more than $118 million to fund the development of its platform. The announcement was made at CoinDesk’s Consensus 2018 conference in New York.
Founded by Tal Kol, Uriel Peled and Daniel Peled,
Phantasma Protocol is a decentralized content-sharing platform that enables application development. Users control and own their own content, and an encrypted email service allows private messaging that not even the Phantasma team can access. The platform will operate on the NEO blockchain.
Bitcoin’s rapid rise in popularity has sparked interest in cryptocurrencies from financial institutions and the general public. Despite the media often portraying bitcoin as being nearly synonymous with the entire cryptocurrency market, the market is much bigger than just bitcoin. There are thousands of cryptocurrencies in existence,
Nearly one in five firms raising money via initial coin offerings (ICO) are using deceptive or fraudulent tactics to lure investors, according to a Wall Street Journal investigation.
The media outlet reviewed documents for 1,450 digital coin offerings and discovered 271 with so-called “red flags”
Bitcoin’s race toward the bottom slowed today at the $8,200 per single coin level, as investor panic is apparently cooling. The rest of the cryptocurrency markets followed, with some upward corrections on EOS (up more than five percent) and Cardano (up more than one percent) post gains at mid-morning.
The cryptocurrency space prides itself upon a decentralized, self-policing ethos. But, with the rampant abuses practiced by several ICO operators in 2017, regulatory intervention in the space is now a given.
Two schools of thought are emerging: The first is sticking hard and fast to the original spirit of self-regulation,
Africa-based digital payments platform Cellulant has raised $47.5 million in its Series C funding round. The round was led by the Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth. Other investors include Endeavor Catalyst, Satya Capital, Velocity Capital and Progression Africa.