Category: Market News

Crypto Algo Trading

Bank of America CTO Catherine Bessant: We Haven’t Found a Blockchain Use Case in Finance

Catherine Bessant admitted that the institution has yet to find blockchain use cases for the financial services sector.
Catherine Bessant, chief technology officer at Bank of America, admitted that the institution has yet to find blockchain use cases for…

ShapeShift’s Voorhees: Bitcoin Won’t Become Trillion-Dollar Asset Without More Bubbles

The instant convertor’s CEO told Bloomberg that current volatility is an essential part of crypto’s metamorphosis. The CEO of instant cryptocurrency exchange platform ShapeShift told Bloomberg TV on May 15 that bubbles are an essential part of the industry’s…

Bitcoin Price Rally Stalls As Ether, XRP Shine

With bitcoin’s rally showing signs of exhaustion above $8,000, investors have started pouring money into relatively cheap alternatives. …

EBay Denies Rumors It Will Start Accepting Crypto, Despite Advertising at Crypto Event

Speculation has been growing since eBay took out ads at the Consensus blockchain and crypto conference in New York City. EBay has denied rumors that it is going to start accepting cryptocurrency as a payment method, according to a Bloomberg report…

Fintech Firm Billion Seals $2.1 Mln European Commission Grant for Blockchain System

Billon has reportedly sealed an almost €2 million grant from the European Commission’s SME Instrument program. Polish-British fintech firm Billon has reportedly sealed an almost €2 million (~$2.1 million) grant from European Commission’s Small and Medium-Sized Enterprises (SME) Instrument…

SEC Slaps Blockchain Author Alex Tapscott, Firm With Fines Over Securities Violations

The U.S. securities regulator has settled with blockchain author Alex Tapscott and his investment firm NextBlock Global over securities violations. …

Bitcoin in Space? It Helps With Connection Woes, Says Blockstream’s Adam Back

Beaming bitcoin from satellites might sound far-fetched, but there are serious use cases, according to Adam Back, CEO of Blockstream. …

Crypto Prime Dealer SFOX Partners With New York Bank to Offer New FDIC Protection

M.Y. Safra Bank will provide FDIC insurance to traders in a move organizers say will further reduce counterparty risk. Institutional cryptocurrency prime dealer SFOX has partnered with a New York bank to offer state-insured bank accounts for traders, the…

The Blockchain Paradox

Blockchains offer potential solutions to deep-seated problems in society, but their own governance issues need to be solved first, writes Pindar Wong. …

Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading Suspended

Hacked New Zealand-based cryptocurrency exchange Cryptopia has gone into liquidation and suspended trading services. Hacked New Zealand-based cryptocurrency exchange Cryptopia has appointed David Ruscoe and Russell Moore from consultancy and audit firm network Grant Thornton New Zealand as liquidators….