Month: January 2018

The Danish shipping company MAERSK and the American technology group IBM yesterday announced their intention to form a joint venture. The goal is to provide more efficient and secure methods for global commerce through the use of blockchain technology. The new company’s mission is to provide a co-developed digital platform for global commerce, based on open standards and tailored to the global shipping ecosystem. The cost and complexity of global trade flows continues to grow. More than $ 4 trillion Read more …

France’s Minister of the Economy Bruno Le Maire has appointed an open Bitcoin critic to head a task force examining cryptocurrency regulation, local source Les Echos reports Monday, Jan. 15. Jean-Pierre Landau, who called Bitcoin “the tulips of modern times” four years ago, will now head France’s efforts to “better control” its regulatory evolution. “We want a stable economy,” minister Le Maire told reporters in a session during which he announced Landau’s appointment. “We cannot allow speculative risk and the Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. US policymakers have made targeting cryptocurrency-fueled terrorism and the illicit use of digital coins for any purpose a priority. Rep. Ted Budd (R-NC) of the House Financial Services Committee on Jan. 10 introduced the Financial Technology Innovation and Defense Act to Congress. A key feature of the bill is a fintech task force designed to reward tipsters offering viable information about digital currencies and terrorist use. US policymakers Read more …

The global cryptocurrency community has been abuzz with speculation in the wake of a leaked white paper linked to the popular, encryption-based messaging app Telegram. News of Telegram’s plans to launch a Blockchain platform originally broke in December, although it still remains unclear if the project legitimately exists.   Cointelegraph has reviewed the leaked white paper, which lays out ongoing plans to launch Blockchain services and its very own cryptocurrency using Telegram as a springboard. While the legitimacy of the white Read more …

Featured Amid regulatory uncertainty, South Korean cryptocurrency exchange Upbit has grown rapidly, offering 121 cryptocurrencies and over 200 trading pairs. Backed by Kakao Corp, the platform is now the largest crypto exchange by volume globally. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Upbit Tops the Chart South Korean cryptocurrency exchange Upbit provided its trading data to Coinmarketcap for the first time on Tuesday. The Kakao-backed exchange debuts as the Read more …

Now you can buy bitcoin directly in your BTC.com wallet with just a credit card. We are very happy to announce that BTC.com wallet users can buy bitcoin in their digital wallet worldwide! How to buy bitcoin? First, create a new wallet or log in to your BTC.com wallet. At the moment, the simple credit card checkout is available for web wallet users via wallet.btc.com. Very soon, we will release this feature for iOS/ Android app users as well. Next, navigate to Read more …

Featured The advisors of the Venezuelan government have recommended that the country’s oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million petros, with a face value of around $2.3 billion, could go on sale starting on February 15. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Private Placements of Discounted Petros The newly-formed advisory group to the Venezuelan government, VIBE, Read more …

A second day of losses throughout cryptocurrency markets is giving would-be traders a chance to buy that may not be repeated. Bitcoin dropped below $10,000 on Cointelegraph’s price index Wednesday, Jan. 17. On the same day, Ethereum (ETH) went below $900, marking a price slide of over 30% for both assets this week. Community and industry figures have reacted with mixed emotions to the downturn, which mimics behavior seen in January over the past three years. “Unless you can watch Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The ripple price fell below dollar parity this morning, punctuating the third-largest cryptocurrency’s 28 percent skid. Ripple Price Dips Below $1 Ripple entered 2018 on a hot streak of parabolic proportions. During a one-month period, the global average ripple price rocketed from just $0.25 to an all-time high of $3.84, creating XRP millionaires almost overnight and briefly making Ripple co-founder Chris Larsen the nominal eighth-richest person in the Read more …

Reality Shares Advisors and Amplify Trust ETF launched the first blockchain-based exchange-traded funds (ETFs) on Nasdaq today. Both funds went live on Nasdaq’s exchange at 9:30 a.m. EST. Reality Shares’ Nasdaq NextGen Economy ETF (BLCN) opened at $24.20, while Amplify’s Transformational Data Sharing ETF (BLOK) started closer to $20. Both ETFs will exclusively invest in blockchain-based companies, according to a previous CoinDesk article. When the prospectuses were first filed in November 2017, the companies noted that investing in blockchain startups Read more …

The cryptocurrency market took an absolute hammering on Tuesday, Jan. 17 in what is being described as ‘Black Tuesday.’ Bitcoin and various altcoins suffered over 40 percent losses in market capitalization on Tuesday amid regulatory uncertainty in South Korea and China. The FUD led to a black day for cryptocurrency markets – arguably worse than the massive price correction that hit Bitcoin in the lead up to Christmas, after it had hit an all-time high of $20,000. As per usual, Read more …