Category: Cryptocurrencies

Layoffs in Crypto Are On the Rise, Still Lower Than in Other Industries

Since Bitcoin hit its all-time high of $20,000, the dominant cryptocurrency has seen more than an 80 percent decline in value from that historic milestone over the past 12 months. The popularity of Satoshi Nakamoto’s Bitcoin pioneered the way for other projects to explore the possibilities of blockchain technology. The brightest minds pushed the boundaries, […]

Security Token Platform TokenSoft Invests in SEC-Regulated Broker-Dealer

Security tokens platform TokenSoft Inc. has invested in a company that is purportedly a United States Securities and Exchange Commission (SEC)-compliant broker-dealer, according to a press release published Dec. 13. TokenSoft is a platform that provides a suite of technology and security products for the sale, issuance, and management of security tokens and other digital […]

Bitcoin Dips Below $3,400 as Market Volatility Continues

Tuesday, Dec. 11: crypto markets have continued moving in a downward trend after challenging a recovery attempt on Sunday, Dec. 9. Almost all of the top 20 coins have seen losses over the 24-hour period, with Bitcoin SV (BSV) down the most, seeing just over 6 percent losses. Market visualization from Coin360 Having failed to […]

First Week of December Ends with Flush of Green, Bitcoin Nears $3,700

Sunday, Dec. 9 — The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows. Market visualization by Coin360. After a week of breaking new year-to-date lows, the major cryptocurrency is trading at around $3,650 by press time, up […]

Blockchain Policy Development in China Concentrated in Three Cities

Beijing, Shanghai and Guangzhou — or BeiShangGuang — has become the most concentrated area of ​​relevant blockchain legislation and policy in China, reports local finance publication Securities Daily Dec. 7. The Chinese securities newspaper has analyzed blockchain-related policies introduced throughout the country in the recent years, and concluded that there are 32 blockchain-related policies within […]

US Congressman Announces Plans for Federal Cryptocurrency and ICO Regulation

U.S. Rep. Warren Davidson (R) has announced plans to introduce legislation that would clearly regulate cryptocurrencies and Initial Coin Offerings (ICOs), local Ohio news agency Cleveland.com reports Dec. 3. According to Cleveland.com, Davidson announced his intention to introduce new legislation at the Blockchain Solutions conference. The bill would create an “asset class” for cryptocurrencies and […]

Network of Self-Service Kiosks Will Allow Public to Pay Bills and Make Purchases in Crypto

A blockchain-based company has unveiled plans to roll out a global network of self-service kiosks — enabling millions of unbanked people around the world to pay bills, make purchases and access other financial services. KIBIS says a plethora of services are available through its kiosks. Consumers can pay for gas, water and electricity, book airline […]

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 […]

Crypto Exchange Bitstamp to Integrate New Platform for Market Monitoring

European cryptocurrency exchange Bitstamp will integrate a new platform to improve compliance and customer protection, according to a press release published Nov. 27. Bitstamp has formed a partnership with British market surveillance firm Irisium Ltd. in an effort to improve the safety and reliability of its marketplace. The exchange will deploy Irisium’s platform to monitor […]