The Trick to Selling Blockchain Solutions? Don’t Say ‘Blockchain’
Once a sure way to get a meeting, startups building blockchain solutions are focusing more on the benefits of their products than the tech itself.
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Bitcoin Price Sees Steep Drop After Rejection Above $12K
news The price of bitcoin’s recent rise above $12,000 was stopped short a few hours into its rally, with prices sliding by more than $1,000 over the course of the U.S. trading session that followed. Beginning 10:15 UTC and lasting until 22:15 UTC, BTC witnessed a large pullback, followed by a small bounce near $11,200,…
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Executives at Korean Crypto Exchange UPbit Indicted for Fraud
news The executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors. According to a report from CoinDesk Korea on Friday, the Prosecutors’ Office of the southern district of Seoul has indicted three senior staff members, including founder Song Chi-Hyung, on charges of fraud. The executives are alleged to…
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Longenesis Brings South Korean Medical Records to the Blockchain
news Longenesis has concluded two new partnerships in South Korea. According to the Riga, Latvia-based, Hong Kong-incorporated company, it will be providing its medical-consent platform-as-a-service to Hanshin Medipia Medical Center and Infinity Care. That brings to four the number of business relationships it has in South Korea, currently the company’s primary market of focus. Longenesis,…
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Bullishness Building in Bitcoin Options Market, Data Suggests
Jun 5, 2020 at 11:18 UTCUpdated Jun 5, 2020 at 11:20 UTCCredit: Shutterstock/Matej KastelicBullishness Building in Bitcoin Options Market, Data SuggestsOption market traders look to be placing bets for a continued upward move in bitcoin, according to a key metric. The put-call open interest ratio, which measures the number of put options open relative to…
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Senior BitConnect Promotor Arrested by Indian Authorities
Former BitConnect India head Divyesh Darji was arrested at Indira Gandhi International Airport in New Delhi on Sunday.
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Are Financial Advisors Missing Crypto?
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Bitcoin Price Takes Another Tumble, Shedding Nearly $1,000 in 20 Minutes
news Bitcoin’s price continued a downward trend Thursday, falling nearly $1,000 in a 20-minute period according to data from Coinbase Pro, which indicated the world’s largest cryptocurrency by market cap dropped from $11,700 at 16:05 UTC to $10,800 by 17:44 UTC. While the price briefly stabilized, it fell as far as $10,346, according to Coinbase…
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Sam Bankman-Fried Jailed Ahead of Trial
FTX founder Sam Bankman-Fried has been remanded into custody ahead of his October trial on multiple financial crime charges after a federal judge revoked his release on bond.Bankman-Fried, the 31-year-old former CEO of the FTX empire, appeared in court on Friday after the U.S. Department of Justice moved to send him back to jail on…