Crypto Biz: Coinbase vs. BiT Global $1B wBTC dispute

Self-proclaimed electrification, automation and digitalization global giant Siemens has shown an interest in adopting blockchain-based solutions. In particular, Siemens is exploring the use of blockchain in the transportation industry, as per a report by Forbes on July 15.According to Siemens Corporate Technology’s head of cybersecurity and blockchain, Andreas Kind, Siemens is looking to incorporate blockchain…

The cryptocurrency market has been under a period of duress, with a majority of the tokens in the cryptoverse witnessing a price slump that has set in since the first week of December. The flagship cryptocurrency token, Bitcoin (BTC), underwent a flash crash on Dec. 4, wherein the price of the token fell below $50,000…

United States Securities and Exchange Commission (SEC) Chairman Jay Clayton said that for Bitcoin (BTC) to be traded on a major exchange it needs stronger regulation.Consider the NasdaqCNBC reported on Sept. 19 that Clayton made his remarks earlier today at the Delivering Alpha conference, where he also warned investors to be wary until Bitcoin is…

Some of the biggest names in finance are joining together to create the EDXM exchange, citing a pent-up demand for crypto assets and the need for compliance and security. 722 Total views 6 Total shares Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through…

A crypto wallet provider says it has launched a giveaway that allows 1,000 users to get a free EOS account.Lumi Wallet notes the giveaway is taking place on a first-come, first-served basis. Instead of answering quiz questions, preparing a submission or entering into a lottery system, all that participants need to do is sign up…

In May, crypto market data provider CoinMarketCap requested all exchanges in the global exchange market disclose accurate data in a move to improve transparency of the information displayed on the platform. CoinMarketCap declared an ultimatum to all exchanges listed, clarifying that they would be delisted from the platform if they fail to provide accurate trading…

The eccentric billionaire polled his Twitter followers but already had the sale planned due to tax obligations. 635 Total views 16 Total shares Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings. Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale…

Cryptocurrency-friendly investment firm ARK Invest has joined a massive Series A funding round for Apptronik, a Texas-based firm building humanoid robots. Apptronik, on March 18, announced the successful close of an oversubscribed $403M Series A funding round, adding another $53 million to the $350 million round disclosed in February. After investing in Apptronik’s Series A round, ARK has enabled