Author: nbelov

The U.K.’s financial watchdog has released a detailed consultation paper on regulation of crypto. On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.” As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time…

The top 20 cryptocurrencies report discreet gains, with Bitcoin hovering over $3,600 again. Saturday, Jan. 26 — most of the top 20 cryptocurrencies are reporting slight gains on the day to press time. Bitcoin (BTC) is hovering over $3,600 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is seeing no significant…

Nouriel Roubini, one of the most notorious cryptocurrency critics, has stated that blockchain is “no better than an Excel spreadsheet.” Nouriel Roubini, a notorious cryptocurrency critic, has stated that blockchain is “no better than an Excel spreadsheet” during a panel hosted by crypto exchange LaToken on Jan 25. Roubini is also known for having predicted…

China has released its latest government-sponsored rankings of major cryptocurrencies, placing Bitcoin in 15th, while EOS keeps its top spot. China has released its latest government-sponsored rankings of major cryptocurrencies, placing Bitcoin (BTC) in 15th, while EOS keeps its top spot. The rankings were released in a press release on Jan. 24. The crypto rankings…

Crypto mobile wallet BRD has raised $15 million in a Series B funding round, with the aim to facilitate international expansion. Cryptocurrency mobile wallet BRD has raised $15 million in a Series B financing round supported by SBI Crypto Investment, according to a press release shared with Cointelegraph on Jan. 25. SBI Crypto Investment, a…

Apple co-founder Steve Wozniak has said that he sold all of his Bitcoin when it hit around $20,000. Apple co-founder Steve Wozniak has said that he sold all of his Bitcoin (BTC) when the currency hit $20,000 in December 2017. Financial media outlet Business Insider Nordic reported on Wozniak’s comments on Jan. 24. Speaking at…

Agricultural giant Cargill will invest its digital engineering resources to develop Hyperledger Grid. United States-based agricultural conglomerate Cargill has announced that it is investing digital engineering resources to develop Hyperledger Grid, according to an announcement on Jan. 25. Hyperledger Grid is a recently announced project from Hyperledger that aims to streamline supply chains by using…

Ahead of the release of AMD’s Q4 2018 report, some analysts predict that a “crypto hangover” could still be affecting the company’s revenues. Ahead of the release of Advanced Micro Devices’ (AMD) fourth quarter (Q4) report for 2018, analysts state that the company could still be facing problems due to a “crypto hangover,” business news…

Europe’s oldest crypto exchange Bitstamp has partnered with major Swiss online bank Dukascopy to allow its customers to exchange Bitcoin to U.S. dollars. European cryptocurrency exchange Bitstamp has announced a partnership with major Swiss online bank Dukascopy, according to an announcement published on Friday, Jan. 25. Bitstamp will support Bitcoin (BTC) transactions on behalf of…

A market report released by Ripple reveals that the company sold $535.56 million worth of XRP in 2018. Ripple (XRP) sold $535.56 million worth of XRP in 2018, according its quarterly report for Q4 2018 released on Jan. 24. The report further notes that the sales of XRP tokens in Q4 2018 amounted to $129.03…