$10.7 trillion custodian helping hedge funds invest in bitcoin (med impact) Financial services firm Northern Trust which provides custody and wealth management services to corporations and institutional investors has started opening up its services to cryptocurrency hedge funds. Forbes reported that Northern Trust, in the top 500 of the largest US companies, has been working…
In today’s edition of Crypto Daily News, we’ll cover why Bithumb has dropped nearly 40% in its trade volume and why Bitcoin (BTC) was unaffected by the NYSE news. Crypto Daily News: August 3rd, 2018 Bithumb Sees Slump in Trade Volume The world’s 13th largest cryptocurrency exchange by its current trade volume, Bithumb, has dropped…
Bitcoin for coffee. It has a nice ring to it. But actually using Bitcoin (BTC) to buy coffee? Turns into a big mess real fast. However, that might be about to change. Starbucks just hinted that it might soon have a way to make using BTC to pay for coffee a whole lot easier for…
Goldman Sachs appears to have mixed feelings towards Bitcoin. Earlier in 2018, the bank said it was planning on opening a BTC trading desk. Yesterday, a former Goldman Sachs executive said a Bitcoin ETF was possible. Yet, in the Goldman Sachs midyear economic-outlook report, Bitcoin was reported to decline even more than it has so…
VANCOUVER, British Columbia, Aug. 03, 2018 (GLOBE NEWSWIRE) — AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) (FRA: C0B), a leader in blockchain solution development, is pleased to announce that the board of directors has appointed Ashik Karim as Chief Executive Officer, and a director, effective August 3, 2018. Mr. Karim is currently and will also…
Ashik KarimVANCOUVER, British Columbia, Aug. 03, 2018 (GLOBE NEWSWIRE) — AXS Blockchain Solutions Inc. (“AXS Blockchain”) (CSE:BAXS) (FRA: C0B), a leader in blockchain solution development, is pleased to announce that the board of directors has appointed Ashik Karim as Chief Executive Officer, and a director, effective August 3, 2018. Mr. Karim is currently and will…
Announced this morning is some pretty major news that Bitcoin bulls have been waiting for; Intercontinental Exchange (ICE) – the trading giant that owns the New York Stock Exchange – has a goal of breaking Bitcoin into mainstream currency and it plans to do this by forming a new company called Bakkt. Bakkt is soon…
At the Privacy Enhancing Technologies Symposium in Barcelona last week, two researchers presented a plan to bring the anonymity of monero to the ethereum network. With the catchline “Trustless Tumbling for Transaction Privacy”, the protocol uses mixing solutions to obscure the payment information of ether transactions. Unlike monero, bitcoin and ethereum do not offer transaction privacy,…
Litecoin (LTC) has dropped more than 15% in the past 10 days, and is now down ~80% from the record high posted in December. The LTC market cap is the 7th largest among coins tracked by bravenewcoin.com, at US$4.34 billion, with exchange-traded volume of US$253 million in the past 24 hours. Among the 17 coins…
Since the start of the year, several leading blockchain startups have made major acquisitions to boost their positions in the market. Coinbase takes the lead In March, Coinbase announced that it had hired former LinkedIn M&A head, Emilie Choi, to run the company’s merger and acquisitions activities. Choi says joined the company because she believes…
