Ethereum Studio Consensys’ Wild Ideas and Squandered Funds Led to Major Layoffs

Ethereum incubator Consensys is to cut 50 to 60 percent of its employees. The blockchain software company has already laid off 13 percent of its workforce in order to survive the bear market. According to one source, lack of product, wild ideas and an inability to sell technologies has made Consensys’ position financially precarious. As a result, … Read more

Ethereum Price Watch: Currency Slips Below the $120 Mark Before Making Quick Recovery

As can be seen from the chart below, Ether has had a rough showing over the course of the past 24 hours. After dropping from above the $200 range (to around $150) a few days back, the premier digital asset was recently seen to have stooped to a new 2018 low of $119.90 just a … Read more

Ethereum Price Watch: Currency Witnesses Steady Gains Over the Past 5 Days

At press time, Bitcoin’s closest competitor and the world’s second largest crypto asset by market capitalization, Ethereum, is trading at a respectable price point of $216.12. Additionally, as can be observed from the chart below, the premier currency has been able to scale up to around the $225 mark (twice) within the span of the past … Read more

Ethereum Price Watch: Currency Struggles to Anchor Around the $210 Mark, Future Still Remains Unclear

At press time, Ethereum, the world’s second largest cryptocurrency by total market capitalization is trading at a relatively stable price point of $209.73. However, as can be seen from the chart below, Ether has been struggling to stay above the $200 threshold for the past week or so — with the premier crypto asset even … Read more

PR: aXpire Acquires BlockchainWarehouse (BCW)

aXpire, a leading blockchain fund solutions company, has announced the acquisition of BlockchainWarehouse (BCW), a blockchain accelerator and leading token sale product developer. aXpire has made the acquisition to bolster the strength of its in-house blockchain talent and add a new product offering to its technology suite. BlockchainWarehouse offers a crypto-to-crypto gateway that aXpire has … Read more

Ethereum Price Watch: Bears Remain in Control as Currency Sits Around the $205 Mark

At press time, the world’s second largest cryptocurrency by total market capitalization (Ethereum) is trading at a stagnating price point of $204.31, thereby showcasing a relative value gain of around 0.1% since yesterday afternoon. Additionally, as can be seen from the chart below, over the course of the past 24 hours, ETH was able to touch … Read more

Online Fiat Wallet Neteller Launches Cryptocurrency Exchange Service

Digital fiat currency wallet provider Neteller has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC. The cryptocurrency service is already live in 10 countries and the company “plans to roll it out to more than 50 additional markets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more

Crypto Price Watch: Ethereum (ETH), Bitcoin (BTC), Ripple (XRP), Stellar (XLM) all See Green

After what felt like forever, Bitcoin (BTC) was finally able to near in on the $7,000 threshold yesterday, though for a brief period of time. Following its sudden spike, the premier digital asset once again dropped before finally settling down and trading at a respectable price point of $6,760 (at press time). This fresh bull … Read more

Fidelity Launching Crypto Custody and Trading Services

Fidelity Investments has announced the launch of a new company dedicated to providing cryptocurrency services including custody and trade execution. The services will be available to institutional investors such as hedge funds, family offices, and market intermediaries. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals New Crypto Company Formed Leading financial services … Read more