Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission.
PBoC said that there is no planned launch date for their digital currency and declined that there’s a list of member institutions coming together for it.
The SIX’s prototype platform will run test cases to demonstrate the potential of SDX’s trading model, as well as settlement on DLT.
Binance US will offer the trading facility in crypto-to-crypto and fiat-to-crypto trading pairs in 37 states across America. It also plans to offer commission-free trading from November 1st, 2019.
Popular cryptocurrency evangelist and author William Mougayar recently gave a twitter price prediction of $25,000 for Bitcoin and $1,000 for Ethereum by the end of 2019. Is he to be taken seriously?
Facebook has acquired ServiceFriend which is a startup that builds bots. Experts are speculating that this is for the new Calibra wallet support service, however, Facebook hasn’t yet approved this news.
Facebook has finally released the full list of the fiat currencies which will back Libra. While it may not come as much of a surprise, what remains yet to be seen is how France and Germany will be encouraged to accept Libra.
While more than 30 major economies around the world have announced interest rate cuts this year, it seems that Bitcoin, as well as other major cryptocurrencies, set to prosper.
Compliance solutions provider Solidus Labs has secured a stellar guest to head up its maiden crypto compliance summit.
New research from PrimeXBT shows the potential impact that Bakkt will have on the crypto market and if it can help cause Bitcoin to reach the price projections that the crypto community hopes for.
With a sense of urgency, the US Congress has set Sept. 24 as a day to thrash out issues relating to cryptocurrency together with the leadership of the SEC, which comes just a day after Bakkt launch.
Ripple has recently moved to court making strong counter-allegations on one of the plaintiffs claiming XRP is a security. The company has filed a motion to dismiss the plaintiff’s claims.
In recent news, Patrick Byrne, the former CEO of Overstock, has sold all his Overstock equity holdings worth about $90 million to shift his investments to different assets like precious metals and cryptocurrencies.
Recently China’s Research Institute on Digital Currencies changed its director to Changchuan Mu, who elaborates on the idea of the upcoming PBoC’s digital currency and regulation of Facebook’s Libra.
Coinbase announced that it plans a possible addition of 17 new cryptos to its platform including Telegram provided that the assets meet set technical standards and comply with applicable laws.