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Digital exchanges that offer clients services to trade earn through one major source: Charging a certain fee for all transaction and trades made on the platform. Depending on the type of exchange, overall trading volume and the position in the market, the exchanges can either charge a hefty amount, or an insignificant one. Disclosure: This … Read more
A new Russian credit agency rating report into the usability of cryptocurrency finds that it is not currently viable as a means of payment, but it could gain popularity in the event of more international sanctions Go to Source Powered by WPeMatico
Alipay’s parent company Ant International secures $14 bln in a Series C equity funding round for blockchain and fintech development Go to Source Powered by WPeMatico
When the going gets tough in the cryptocurrency world, things will only grow worse fairly quickly. All of the top 10 cryptocurrencies continue to get battered at this time, and it seems there will be no relief to speak of. Further down the line, we see the Monero price on the verge of slipping below … Read more
A local cryptocurrency exchange in Chile has reportedly filed a lawsuit against six major banks in the country for abusing their power and quashing its crypto payment business. This lawsuit follows another one filed in Chile against ten banks by a different crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Banks … Read more
Deep into that darkness peering, long I stood there wondering, fearing, Doubting, dreaming dreams no mortal ever dared to dream before Lifestyles of the Poor & Famous On January 29, 1845, Edgar Allan Poe became an overnight sensation with the New York Evening Mirror’s publication of a poem that still thrills and haunts readers, listeners, … Read more
With virtually all of the top cryptocurrency markets in the red once again, today will prove to be a rather interesting day. Some markets are suffering from steep losses, as the Cardano price is down by over 4%. Not a positive development for this somewhat popular altcoin, albeit there is little one can do about … Read more
Switzerland’s legacy bank, Hypothekarbank Lenzburg, announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse. Long viewed as a progressive society way ahead of its time, the Swiss are once again leading, … this time it’s doing so in the crypto revolution. Also read: Fidelity Investments … Read more
While there are many potential benefits to cryptocurrency, one has to acknowledge this new form of money has gotten a bad reputation as well. There are many reasons as to why criminals are drawn to Bitcoin and other similar currencies. Even so, it remains to be seen how long this situation will remain in place. … Read more
A study has found that despite their volatility, cryptocurrencies do not endanger the financial system and the economy of Russia, as the risks are offset by the highly concentrated ownership of digital assets. Crypto fluctuations are not believed to affect consumption either. Russian residents have controlled cryptocurrency worth between $7.5 and $14 billion in the … Read more