Bithumb, one of the largest cryptocurrency exchanges by trading volume, is looking to go public in the U.S. through a reverse-merger route. Blockchain Industries, an investment firm focusing on the crypto and blockchain industry and traded on the U.S over-the-counter markets, announced Tuesday that it had signed a binding letter of intent (LoI) agreement with Singapore-based BTHMB Holdings, the holding company of Bithumb, …
Top 5 cryptocurrency exchange Huobi has plans to launch its own stablecoin this year as part of its 2019 road map, according to a press release shared with Cointelegraph Jan. 22. During a presentation in Singapore today, Huobi’s CFO said the company will also update its trading platform and continue its international expansion. “2018 brought us huge challenges but I’m …
Bitcoin (BTC) is witnessing the longest stretch of range-bound price activity in three months. The leading cryptocurrency by market capitalization has been largely restricted to trading between $3,700 and $3,500 since Jan. 11 – the longest stretch at such a narrow range since the end of October. Back then, the market had gone quiet, with prices staying within the $6,500–$6,350 …
Ahead of its hotly anticipated launch, bitcoin futures exchange Bakkt has launched a hiring campaign. Eight new job posting were published Tuesday on the company’s website. Bakkt is looking for several experienced software developers, including mobile and blockchain developers; an institutional sales manager with experience in North America or Asia; and three higher-level positions including a director of finance, director …
SOLVE tokens are listed on the Bittrex platform. The team is inviting all token holders to read this Medium article regarding token unlock. Solve Care also takse this opportunity to repeat the key principles that are driving the team’s actions. Number 1: Prioritize compliance with all applicable laws, rules and regulations. Solve.Care is a healthcare based blockchain platform, which aims to reduce …
Blockchain can allow for the creation of a borderless economy, Massachusetts Institute of Technology (MIT) professor Silvio Micali claimed in a interview on Bloomberg’s Daybreak Asia, Jan. 21. Speaking on the show, Micali outlined three major properties of blockchain systems that must function simultaneously to enable a more inclusive and borderless economy — security, decentralization and scalability. According to MIT’s …
The on-chain transaction value of Ethereum (ETH) hit an all time high in December 2018, crypto analytics firm Diar reports on Jan. 21. On-chain transaction levels of the third largest cryptocurrency reached 115 million in December 2018, an all-time high excluding the activity following a hard fork caused by the DAO hack in 2016. Dair stated, “In terms of transaction …
A New Bank for International Settlements (BIS) report betrays that central bankers are scared of bitcoin. By CCN.com: For years, the cryptocurrency market has been buffeted with projections and predictions of doom. We are constantly told that any day now, bitcoin and all its progeny will collapse into the nothingness from whence they came, or something to that effect. These …
Since the beginning of modern history, gold has been an important means of storing value. In the past 200 years, the gold sector has remained relatively unchanged. However, there have been some interesting developments implying that change is just around the corner. Over the years, gold has proven to be a suitable alternative to both fiat currency and cryptocurrency. …
Recent layoffs at blockchain software technology company ConsenSys did not exceed 10 percent of staff. The company’s Executive Director of Enterprise and Social Impact Vanessa Grellet spoke to Cointelegraph about the recent developments at the Crypto Finance Conference in Switzerland on Jan. 18. Grellet said that the staff cuts were a “natural movement” and mainly affected support staff, while developers …
