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Bitcoin SV’s Craig Wright Sues Peter McCormack For 100,000 GBP For Libel

Bitcoin SV’s Craig Wright Sues Peter McCormack For 100,000 GBP For Libel

Popular cryptocurrency podcaster Dr. Peter McCormack has shed some light over the claim that Bitcoin SV proponent Craig Wright filed against him earlier this year. McCormack also explains what are his options and the time he has to decide. McCormack VS Craig Wright: Case Can Amount to £750k Back in April, NChain chief scientist and…
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Bright Future? Bitcoin Is Trading For $11,600 On Grayscale Bitcoin Investment Trust

Bright Future? Bitcoin Is Trading For $11,600 On Grayscale Bitcoin Investment Trust

Bitcoin has gone through a mild decline throughout the past 24 hours, losing about $200 of its value. This represents a decrease of around 2.5 percent on the day. However, the Grayscale Bitcoin Trust (GBTC) currently trades at $11.44 per share, putting the price of Bitcoin upwards of $11,600. Can this be a signal that…
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Bitcoin Price Analysis: BTC Corrects Down $400, Can It Hold The Previous High?

Bitcoin Price Analysis: BTC Corrects Down $400, Can It Hold The Previous High?

Let’s start from the bigger picture: As can be seen, Bitcoin had gone through a decent parabolic move since breaching the $6000 significant resistance. A parabolic move is always more fragile than a steady rise; we all know how it ended last time (Nov-Dec 2017). Over the past three days, since BTC gained momentum quickly…
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Bitfury, Tech Firm Mphasis Plan Blockchain Disruption In Trade Finance

Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance

news IT firm Mphasis, which is owned by private equity multinational Blackstone, has partnered with blockchain tech firm Bitfury with the aim of disrupting trade finance. The firms say they will bring new transparency and efficiency to settlement, foreign exchange and financing processes using automation and “new forms of tokenization,” according to an announcement Tuesday. “Instant”…
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Barclays Leads $5.5 Million Round For Blockchain Business Payments Startup

Barclays Leads $5.5 Million Round for Blockchain Business Payments Startup

news Barclays Bank has backed a $5.5 million Series A funding round for blockchain-based B2B payments startup Crowdz. The round was jointly led by Barclays and investment firm Bold Capital Partners, Crowdz announced Tuesday, with TFX Capital Partners, Techstars Ventures and First Derivatives also participating. The investment will go toward product development, marketing and sales,…
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Rakuten Brings In Compliance Partner For New Crypto Exchange

Rakuten Brings in Compliance Partner for New Crypto Exchange

news Japanese e-commerce giant Rakuten, has partnered with blockchain analytics firm CipherTrace to help ensure compliance for its soon-to-go-live cryptocurrency exchange. CipherTrace announced Wednesday that it will help ensure sound anti-money laundering (AML) processes are in place for the firm’s Rakuten Wallet exchange platform, which is based in Tokyo. Rakuten Wallet started accepting account registrations…
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Bitbond Plans To Raise $3.9 Million In Germany’s ‘First’ Regulated STO

Bitbond Plans to Raise $3.9 Million in Germany’s ‘First’ Regulated STO

news Blockchain-based lending platform Bitbond is launching a security token offering (STO) that it says is the first to be approved by a regulator in Germany. Through the sale, the firm aims to raise €3.5 million ($3.9 million), allowing it to continue providing loans to small businesses, Germany-based Bitbond announced Tuesday. The STO is open until…
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U.K. Exchange Coinfloor Is Getting Paid To Help Crypto Firms Access Banking

U.K. Exchange Coinfloor Is Getting Paid to Help Crypto Firms Access Banking

news Coinfloor, the U.K.’s longest-running crypto exchange, has teamed up with electronic money institution (EMI) Enumis to deliver bank-like accounts to crypto firms, a perennial pain-point across the industry. Under the partnership, Enumis will pay Coinfloor a fee for referring reputable crypto-facing businesses that successfully set up current accounts (the U.K. equivalent of checking accounts).…
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