Bookmarking Crypto Insights
DIGIT This week, Hankyung, a major mainstream media outlet in South Korea, reported that dozens of new cryptocurrency exchanges are set to launch in the country in the next few months with a primary focus on integrating new digital assets. Integration First, Security Second Over the past three months, Huobi Korea, Cashierest, Coincom, Coinworld, UIOEX, Genix, … Read more
Jamie Forese, the president and CEO of Citibank’s institutional clients group, stated in an interview with the FT that 20,000 employees, or around 40 percent of the bank’s total workforce, can be easily replaced with machine learning and artificial intelligence (AI). Banks are Replacing Employees with AI According to Forese, more than 40 percent of … Read more
The president of CBOE said that yesterday’s statement from an SEC official noting that Ethereum is not a security could clear the way for the release of ETH futures Go to Source Powered by WPeMatico
Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive Sign Located inside the market at … Read more
Robinhood co-founder Baiju Bhatt thinks that crypto isn’t going anywhere, as “Bitcoin just keeps coming back” despite highs and lows in both price and popularity Go to Source Powered by WPeMatico
Crypto investors in Australia should expect scrutiny from the tax authority, experts say Go to Source Powered by WPeMatico
This week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate. The study speaks volumes to cryptocurrency developers and communities who have attempted to produce proof-of-work mechanisms that were … Read more
Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market and the drop in the … Read more
At press time, the father of cryptocurrencies is trading for about $6,500. This is roughly $100 less than where it stood yesterday, which in turn was $400 higher than where it had been trading the previous day. Bitcoin has been an up-and-down game for nearly the past week. Problems first stemmed when it was announced … Read more
Ripple is making a lot of inroads in the financial sector. Service providers and banks all over the world are showing a keen interest in its technology and native XRP asset. However, there are some concerns with XRP which few people had taken into account at first. Western Union CEO Hikmet Ersek isn’t too impressed in … Read more