Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
If current manufacturing data is anything to go by, the United States is uncomfortably close to a recession. The problems the U.S. currently has with China is on top of the list of causative factors.
Tesla is acquiring AI startup DeepScale. Forrest Iandola, DeepScale’s CEO, said on LinkedIn that he joined Tesla’s Autopilot team, which has lost many executives and engineers to companies like Nvidia, GM Cruise, Google, Lyft, and more.
The bankers have explicitly stated that Facebook’s Libra will pose huge threat to the consumer demand for deposit accounts, payment volumes, and business models built on privacy.
One of Germany’s biggest banks has joined the already bullish Bitcoin community, with a forecast which puts BTC price at a record high by next year. Bayern LB believes the upcoming halving will be the catalyst.
Chicago-based rating firm Morningstar moves into the cryptospace by offering blockchain-based solutions for the global debt securities market.
JPMorgan, Intel and TrustToken-led GCO, announced the release of USD Digital (USDD), a new US dollar-backed stablecoin. Based on Ethereum, USDD is targeted at institutions, exchanges, traders, and OTC desks.
We have picked some projects that conducted a successful ICO and still manage to work and develop their products, and we’ll try to find out what keeps them alive, besides money. These three projects are BOLT, NOAH, and Platio.
In a global first move, six Japanese securities firms join hands to create a self-regulating “Japan Security Token Association” which will bring Securities Token Offerings (STOs) to the centerstage.
Mark Zuckerberg said that if the Democratic Presidential candidate Elizabeth Warren was to come to power, and pursue her agenda of breaking the Big Tech companies, Facebook won’t step back from fighting the U.S. government in the court.
A Fintech as a service Rapyd network, that allows consumers and businesses to transact however they opt for cross-border and local eCommerce transactions, raised a whopping $100M financing round spearheaded by Oak HC/FT together with Stripe.