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IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers
26.5.2020
The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic so their troubles...
Goldman Sachs Hosting Bitcoin Call as Institutional Interest in Cryptocurrency Surges
26.5.2020
As interest in cryptocurrency grows among institutional investors, global investment banks, like Goldman Sachs and JPMorgan Chase, are reexamining their views about bitcoin. Goldman Sachs is hosting a call for its clients to learn about the implications of current policies for bitcoin, gold,...
The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?
23.5.2020
As Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world
China Strikes Down 10% of Global BTC Hashrate, Who Will Pick Up The Slack?
22.5.2020
Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate
South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
22.5.2020
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African...
Global Central Banking Think Tank Launches Digital Monetary Institute
22.5.2020
A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking
Bitcoin Could Be More Resilient to Global Electric Failure Than Banks
21.5.2020
In a world without electricity and the Internet, Bitcoin would find alternatives to flourish, argues Andreas Antonopoulos
From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money
18.5.2020
The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their...
Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates
18.5.2020
Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...
0 Security Breach. 0 Token Loss.
16.5.2020
BigONE is a global cryptocurrency trading and custody platform founded in 2017, clad in four principles – Integrity, Security, Professionalism, and Win-Win. The exchange has developed comprehensive digital assets trading services. The ecosystem runs the gamut, including both spot and margin...
Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution
13.5.2020
Popular messaging app Telegram has shut down its TON cryptocurrency project. Telegram founder Pavel Durov explains that a US court has stopped his TON project and prevented the gram cryptocurrency from being distributed to investors, not just in the US but globally. Telegram Discontinues...
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
13.5.2020
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116...
Global Trust in Crypto Potential Grows to 48%, Edelman Survey Finds
11.5.2020
Just 48% of respondents to Edelman's Trust Barometer indicated they believe in the potential of cryptocurrency, but this figure still shows double-digit growth year over year
DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
11.5.2020
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process
OKCoin Brings Two Industry Vets Onboard Amid Global Expansion
9.5.2020
A recent play sees international fiat digital asset exchange, OKCoin, bringing top brass from Blockchain.com and Coinbase to its front office
IBM Blockchain Head: DLT is Transforming Global Supply Chains
9.5.2020
IBM’s head of blockchain in Australia and New Zealand has shared the firm's outlook for the integration of DLT into supply chain systems
The Global Contenders Trying to Displace the Dollar
8.5.2020
Could the dollar be replaced by a single new dominant currency like China’s DCEP, or is a multipolar currency world more likely?
Global Fintech Firm Launches Security Tokenization Platform
8.5.2020
Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem
Coinshares Acquires Gabi Trading: New Unit Traded $3 Billion Worth of Crypto in 2019
8.5.2020
Coinshares on Thursday launched its trading business, Coinshares Capital Markets (CSCM), reporting that the unit traded over $3 billion worth of cryptocurrency in 2019 and $1.5 billion during the first quarter of 2020. The UK digital asset manager is basically rebranding Gabi Trading, a business...
New Global Campaign Urges Credit Card Companies to Block Porn Sites
8.5.2020
An international campaign calling on credit card companies to block payments to porn sites could lead to a huge wave of new cryptocurrency adopters