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Kraken Boosts Institutional Offerings With Acquisition Of Dan Held’s Interchange

Kraken Boosts Institutional Offerings With Acquisition of Dan Held’s Interchange

news Cryptocurrency exchange Kraken has just acquired a firm offering a way for institutional investors such as hedge funds and asset managers to better manage their portfolios. The exchange announced Tuesday that it has bought Interchange, an accounting, reconciliation and reporting service provider that it says offers an “institutional-grade” service. Interchange notably boasts as co-founders Dan Held,…
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Airline’s Blockchain Ticketing Platform Sees $1 Million In July Sales

Airline’s Blockchain Ticketing Platform Sees $1 Million in July Sales

news Russia’s second largest airline is touting the benefits of blockchain technology after a ticketing platform it developed raked in over $1 million in a month. According to an announcement from S7 Airlines on Wednesday, the positive figure for July is poof that blockchain tech can help boost businesses’ sales. Ekaterina Dmitruk, S7 Group’s sales director, said:…
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Sony Subsidiary Joins ~$14.5M Funding Round For Bitcoin Bank Bitwala

Sony Subsidiary Joins ~$14.5M Funding Round for Bitcoin Bank Bitwala

Germany-based Bitcoin (BTC) bank Bitwala announced that it received €13 million (almost $14.5 million) in funding in a press release shared with Cointelegraph on July 31.Connecting Bitcoin and banksPer the release, an international investor consortium led by Sony Financial Ventures, Global Brain and British investment company NKB Group invested in the German bank. Furthermore, half…
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1 In 5 European Crypto Holders Are Women, New Report Reveals

1 in 5 European Crypto Holders Are Women, New Report Reveals

While fresh data confirms that the crypto community continues to be male-dominated, the gender imbalance may be less extreme than previously thought.A report published by fintech firm Bitpanda and market research company GlobalWebIndex on July 31 examined a broad set of data points to glean insight into the profile of European crypto investors. One in five…
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CZ Binance Calls For Next Altcoin Season: This Is The Difference From 2017

CZ Binance Calls For Next Altcoin Season: This Is The Difference From 2017

Altcoins have had a tough couple of months, especially when trading against Bitcoin as most of them marked tremendous declines. Bitcoin has been dominating the market, accounting for more than 64% of its entire share. However, the CEO of the world’s largest cryptocurrency exchange, Binance, believes that the next altcoin season will be bolstered by…
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Blockchain Ticketing Platform From Top Russian Airline Took $1 Million In July

Blockchain Ticketing Platform From Top Russian Airline Took $1 Million in July

news Russia’s second largest airline is touting the benefits of blockchain technology after a ticketing platform it developed raked in over $1 million in a month. According to an announcement from S7 Airlines on Wednesday, the positive figure for July is poof that blockchain tech can help boost businesses’ sales. Ekaterina Dmitruk, S7 Group’s sales director, said:…
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UK Finance Watchdog Issues Guidance On Regulation For Bitcoin And Crypto Assets

UK Finance Watchdog Issues Guidance on Regulation for Bitcoin and Crypto Assets

news The U.K. Financial Conduct Authority (FCA) has finalized its guidance on crypto assets, clarifying which tokens fall under its jurisdiction. Most of the rules issued Wednesday were proposed in consultation paper CP19, which was released for public comment in January. As widely expected, the final guidance does not drastically alter the regulatory landscape, instead…
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Bitfinex, Tether Spent $500,000, Hired 60 Lawyers For Documents Order

Bitfinex, Tether Spent $500,000, Hired 60 Lawyers for Documents Order

Lawyers for Bitfinex, Tether and parent firm iFinex Inc. have said the respondents have already spent over $500,000 responding to document requests for their ongoing legal battle.The lawyers’ letter —  submitted to Justice Joel M. Cohen on July 30 and shared by Altana Digital Currency Fund CIO Alistair Milne via Twitter on the same date…
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