On Thursday, April 25, reports surfaced that The New York Attorney General’s office is looking into Bitfinex. Specifically, NYAG Letitia James said she had received a court order against iFinex Inc., which is the company behind Bitfinex. The order told them to stop breaking New York law. Here’s what we know. The Bitfinex and Tether…
American financial technology firm Ripple, which is responsible for the development of the cryptocurrency XRP, has declared its fiscal first-quarter results. The company, which was founded in 2012, is the largest holder of XRP, the third biggest cryptocurrency in the world, and is based in San Francisco, California. It has offices located around the world.…
The crypto community has known for a while that Facebook might be issuing its own cryptocurrency. And now, it appears the online behemoth might have a little competition. Reports have surfaced that athletic apparel manufacturer Nike is thinking of doing the same. The Oregon-based company even has a name for its digital currency: cryptokicks. Nike…
South Korean tech giant Samsung is reportedly developing its own blockchain network. It’s expected the venture will lead to a Samsung token in the near future. Samsung Blockchain According to an internal source “familiar with Samsung’s internal situation,” the company’s wireless division is building a mainnet based on the Ethereum blockchain. Led by its blockchain task…
TD Ameritrade is a financial services company and provides a trading platform through which users can trade stocks, mutual funds, investments, and much more. TD Ameritrade has reportedly around 11 million users. TD Starting Crypto Trading? Rumors are circulating all over the internet that this company is already in testing phases of crypto trading in…
According to a Bloomberg report, notorious crypto enthusiast and antivirus software maker, John McAfee, claims to have spoken with Bitcoin creator Satoshi Nakamoto. Further, he says he will reveal this person’s identity. John McAfee Claims to Know Satoshi Nakamoto When this reveal will be, however, remains unclear, despite McAfee initially telling Bloomberg he would expose…
The crypto market has been surging this week and Bitcoin price continues to pull up, breaking through resistance to establish a new 2019 high. Its market capitalization is increasing, reaching around $180 billion. Bitcoin Breaks Resistance According to TradingView, Bitcoin surprised many in the past week after breaking resistance and surging to $5,640. In the…
On Tuesday, April 23, Binance announced that its much-awaited decentralized exchange is now live. Here’s what we know so far about the Binance DEX. Binance DEX Now Live Today, Binance, a top crypto exchange, said that the Binance DEX is now live. Trading has not yet commenced, but users can create wallets on the new decentralized…
The cryptomarket is rallying today from the emergence of a Bitcoin golden cross. Now, the majority of the top ten cryptocurrencies by market cap are in the green according to CoinMarketCap. Bitcoin Golden Cross Leading the rally with a 5% gain at the time of writing is Bitcoin (BTC). The current price of $5,599 USD…
American investment and commercial banking giant JPMorgan Chase is looking forward to expanding the use of its leading blockchain technology, IIN (Interbank Information Network), to make payments in the banking industry easier and better. At the same time, it is also roping in various fintech firms to help with the platform’s functionality. IIN New Features…
