Blockchain 

Coinbase Not Currently Investing in Decentralized Exchange Sector, Executive Confirms

United States cryptocurrency exchange Coinbase is not planning to launch a decentralized exchange (DEX), a senior executive told cryptocurrency news media outlet The Block in an interview on May 29. Speaking on a range of topics around Coinbase’s activities, Emilie Choi, the company’s vice president of Business, Data & International, said that despite acquiring P2P platform Paradex last year, decentralized trading is not a priority. “I think the decentralized exchange space, it’s gonna be interesting to watch it play out. I think it has a lot of potential,” she said.…

Read More
Blockchain 

Top Banks Alleged to Be Investing $50 Million in Digital Cash Settlement Project

Sources ostensibly familiar with the matter have claimed that some of the world’s leading banks are currently investing around $50 million to build a blockchain-powered digital cash system for transaction settlement. The news was reported by Reuters on May 17. An earlier project for a blockchain-based currency settlement coin was unveiled by Swiss bank UBS Group AG and London-based technology startup Clearmatics at early as 2015, as Cointelegraph reported at the time. One of Reuters’ sources has said that the latest development involves around a dozen major banks investing in…

Read More
Blockchain 

Fintech Company Launches Crypto Exchange Platform Integrated Into Social Investing Network

Hamburg-based fintech company Naga has released its new exchange platform, Nagax, after an intensive beta testing period. The developer promises a user-friendly interface and “super-fast execution,” as the system supports more than 10 million transactions per second. The new platform is integrated into the social investing network — also known as Naga Trader. According to the company, it is used by more than half a million traders around the world. Nagax will be connected to the Naga platform through its own cryptocurrency wallet, the Naga Wallet: It supports major crypto,…

Read More
Ethereum 

Leading Social Investing Platform EToro Launches Crypto Services in 31 US States

Exchange and social network for investors and traders eToro has launched its cryptocurrency trading services in the United States, according to a press release shared by the company with Cointelegraph on March 7. The exchange, which — per the release — has over 10 million registered users, will start facilitating the trade of 13 unspecified crypto assets and release a cryptocurrency multisignature wallet to customers in 31 U.S. states and territories. The wallet will support Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Stellar (XLM) and Ripple (XRP), and…

Read More
Bitcoin 

Next Google or Next MySpace? Exchange Takes Risk Out of Investing in New Cryptocurrencies

An exchange has launched a new service designed to take the guesswork out of investing in cryptocurrencies. Lykke says that it is often difficult for crypto users to know where digital assets they’ve acquired will be in the future. They could be the next Google, something that’s going to rise astronomically in the years to come. But on the other hand, they could turn out to be the next MySpace — popular until something else comes along. The exchange has created a service token called LyCI, which enables users to…

Read More
Bitcoin 

Investing App Invstr Launches a Cryptocurrency Index for Investors

Investing app, Invstr, launched a cryptocurrency index for their platform. The index will allow investors to follow the cryptocurrency markets according to an article posted on news outlet Finextra on Feb 6. Invstr’s crypto index will allow users to be able to track price fluctuations of the crypto market and make price comparisons of specific cryptocurrencies against another. The index will also include a range of digital asset categories, that includes asset payment and utility tokens. “Retail investors want to know whether they should be invested in cryptocurrencies and what…

Read More
Blockchain 

Indian Police Warn Public Against Investing in Cryptocurrencies

The police of the Indian state of Jammu and Kashmir have issued a public statement, warning the public against investing in cryptocurrencies, local business news daily the Business Standard reported on Jan. 2. Police reportedly warned the public against the “heightened risk” of investments like Bitcoin (BTC) and reminded investors that cryptocurrencies are not sanctioned by the government. The Business Standard quoted the branch’s inspector general as saying: “The general public is informed not to make any type of investment in cryptocurrencies, virtual currencies such as Bitcoin because there is…

Read More
Blockchain 

Investors Should Consider Lack of ‘Safeguards’ Before Investing in Crypto

U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton reiterated his wary view of the crypto markets during an interview. His discussion with New York Times columnist Andrew Ross Sorkin took place at the The Times Center in New York City Nov. 29. Mid-way through the interview, Clayton told Sorkin that the securities regulator had worked hard to educate investors about the risks of participating in an emerging and unpredictable market, one for which regulation is still taking shape. Clayton continued: “We tried to get the word out that although…

Read More
Blockchain 

‘The Big Issue’ Newspaper Launches Blockchain Platform to Promote Impact Investing

The Big Issue, a street newspaper sold by the homeless in the U.K. and other countries, is launching a blockchain-driven platform to promote impact investing, The Financial Times reports Monday, Nov. 18. Three investment companies — UK Standard Life Aberdeen, U.S. Columbia Threadneedle, and AllianceBernstein — will join The Big Issue as founders of the platform dubbed The Big Exchange. According to the FT, it will offer 30 to 40 social and environmental impact funds, and is set to start working within six months. The potential investors will be charged…

Read More
ICOs 

Kepler Technologies ICO | Investing In Robots & “The Future”

Is this the future of robotics? What is Kepler Technologies? Kepler Technologies is working towards developing and producing AI and robotics, powered by blockchain technology. They are working on “the creation of the Future.” Kepler recognizes that robots and AI are becoming a daily part of our lives – think Amazon’s Echo or Google Home, or even down to the voice control on your smartphone (Siri anybody?). Kepler wants to participate in this rapidly expanding robotics market by shifting AI interaction onto the blockchain. As the robotics market continues to…

Read More