Citibank is among the most famous mega-bank brands and franchises on earth. Suddenly this top three-ranked American bank has come down with a case of the cryptocurrencies. Digital asset followers are hopeful that Citi will make the quantum leap to adopting the Godfather of cryptocurrencies, Bitcoin. The financial institution based in New York City dates … Continue reading “Now Citi Is Showing A Serious Interest in BTC and the Cryptocurrencies”
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Ill-Fated Mt. Gox Exchange Locks Down $1.3 Billion in BTC Until Summer 2019
Mt. Gox has again garnered headlines for all of the wrong reasons. The ill-fated, hacked, one-time largest cryptocurrency exchange in the world suffered sudden collapse several years ago. Countless people lost their Bitcoin holdings in the greatest digital assets hack of all time. Users have never recovered their money. Now the regulators determining how the … Continue reading “Ill-Fated Mt. Gox Exchange Locks Down $1.3 Billion in BTC Until Summer 2019”
The Biggest Cryptocurrency News of 2018
The bears are still in control of the cryptocurrency markets. The sell-off, which started over the last two weeks, has continued to wipe out nearly $50 billion of value. All thanks must go to the U.S. SEC decision to delay a Bitcoin ETF. But the pullback does seem stretched after a drop from nearly $8,500 … Continue reading “The Biggest Cryptocurrency News of 2018”
Crypto Casinos Taking Gambling Industry to the Next Level
It should not come as much of a surprise that cryptocurrencies have found a home in payment forms for gambling. In fact, the unparalleled synergies between gambling and the crypto-universe are striking. The gambling industry has endorsed blockchain and digital assets with wild abandon. They have been successful in adopting the cryptocurrencies as a widespread, … Continue reading “Crypto Casinos Taking Gambling Industry to the Next Level”
The Smart Money: Goldman Sachs Eyeing Crypto Custody
One of the biggest complaints regarding institutional adoption of cryptocurrency is trust. After all, holding virtual currencies in an exchange on the other side of the world can often be risky. That’s especially true with constant reports of hacked exchanges. However, the trust issue may soon change. That’s because Goldman Sachs may offer custody services … Continue reading “The Smart Money: Goldman Sachs Eyeing Crypto Custody”
Digipulse and the Welcoming of the Great De-tokenization Era
Digipulse has just decided to distance itself from the cryptocurrency token revolution. This Latvian startup has become a high profile case of de-tokenization. It revealed to the world that it will delist its tokens in the imminent future. Nomund Kvillis is the CEO of Digipulse. He shared in one of his blog posts how they … Continue reading “Digipulse and the Welcoming of the Great De-tokenization Era”
Blockchain Technology could Add $2 Trillion of Value
Barely a day goes by without a reminder of how banks are using blockchain to transform transactions. Not only does the technology remove the need for middlemen, it can speed up transactions and increase trust among users. The best part – it may just save banks billions of dollars. Analysts at Accenture believe banks could … Continue reading “Blockchain Technology could Add $2 Trillion of Value”