U.S. investment firm Fidelity has announced the launch of a new company, Fidelity Digital Asset Services, according to an Oct. 15 press release. The new company will offer custody and trade execution services for digital…
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Bitfinex’s $1,000 premium on Bitcoin, which sent its price shooting upwards of $7,500, and Tether’s 6% drop on Monday, has created a lot of commotion in the crypto-sphere.The currency’s wild price swing, which was observed…
Bitcoin payment processor BitPay has announced that merchants may now accept settlement in USD-pegged cryptocurrency “stablecoins” Gemini Dollar (GUSD) and USD Coin (USDC), providing them with the ability to denominate their operations in cryptocurrency while…
London-based multinational investment bank agiant Barclays has reportedly halted work on its cryptocurrency trading project. Barclays Stops Cryptocurrency Trading Project One of the leading multinational investment banks Barclays has put its work on a cryptocurrency…
Financial services provider Fidelity Investments is launching a cryptocurrency trading and storage platform. Fidelity Digital Asset Services, LLC will provide cryptocurrency custody and trading services for enterprise clients, the company announced Monday. Tom Jessup, who…
In the era of the Internet of Everything, BiiLabs (Blockchain Industry and Innovation Laboratories), a blockchain technology startup team dedicated to the use of decentralized ledger technology to drive business innovations, today announced the official launch of…
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New research shows that one out of five hedge funds launched thus far this year has been a cryptocurrency-focused hedge fund. This is a surprising statistic in light of the 2018 bear market, but it…
A Chinese man has been handed a three and a half year sentence for illegally tapping power from a train station in China for crypto mining purposes. According to a report published by The Paper,…
Early Coinbase employee and head of institution products Adam White has joined Intercontinental Exchange’s (ICE) cryptocurrency platform Bakkt as its chief operating officer, per the company’s announcement on Medium. The news of White’s departure from…
