Coinbase has just added another cryptocurrency under its belt - Ethereum Classic. Since today, users will already be able to trade and store ETC in Coinbase. The interesting thing to note, however, is why Coinbase decided to add that particular cryptocurrency to its products. As CCN noted, ETC is currently well behind in market capitalization…
Read morePotCoin, advertized as "ultra-secure digital cryptocurrency, network and banking solution for the $100 billion global legal marijuana industry", may be sponsoring Dennis Rodman, the famous retired basketball star for his trip to Singapore for the Trump - Kim Jong-un meeting. PotCoin is essentially a very non-traditional cryptocurrency, since it helps facilitate legalized marijuana transactions around…
Read moreSouth Africa is on its way to become a cryptocurrency trading "heaven" and acts as a center of digital assets on the oldest continent. The Merkle just reported that one of the well known asset management companies, Sygnia, is looking to launch a cryptocurrency exchange in the third quarter of 2018. Africa has long been…
Read moreThe London-based startup, Plutus Tap and Pay, is revolutionizing how people pay with Bitcoin in stores and how they shop online. Bitcoin is mostly accepted now as a “store-of-value” cryptocurrency, not so much as a “transaction-ready” one, especially considering the regulations of banks and governments over the “people’s currency”. Plutus Tap and Pay is an…
Read moreThe Rothschilds, one of the wealthiest family dynasties in the world, has been rumored to “rule the world” of banking, politics and essentially all major economic drivers of the modern world. With the advancement of cryptocurrencies, the name and associated power of the Rothschild family is lurking all over again. Now, the founder of Ethereum,…
Read moreAfter Goldman Sachs and Circle announced the launch of their own cryptocurrency, now another financial services giant is getting ready to launch their own digital currency by next year. The Japanese Mitsubishi UFJ Financial Group (MUFG) is said to launch the digital asset by next year. The coin, called MUFG Coin, will be launched with…
Read moreAfter Goldman Sachs came down with its own cryptocurrency (Circle USD Coin - through its startup, Circle), now the next digital asset tied to another fiat currency is coming to life. The idea of "stablecoins", or digital currencies whose value is pegged to a fiat currency is a rather innovative idea, one that some argue…
Read moreThe SEC has decided to go for an unconventional manner to teach people about ICOs and related scams. The SEC has just launched its very own fake cryptocurrency website, called HoweyCoin website. According to press, the SEC chose the Howey Coins because of the so called Howey Test, where the "an all too good to be…
Read moreGoldman Sachs has just announced that it will be launching a new cryptocurrency called Circle USD Coin. In fact, Circle is a startup invested in by Goldman Sachs. The idea behind the new digital asset is to revolutionise how people transact on a daily basis. For example, while bitcoin was thought to be of transactional…
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On the 22nd of February, 2018, Bank of America, in its annual report to the SEC, expressed its concerns over cryptocurrencies and its inability to "outcompete" the new fintech wave. BoA has cited the area of cryptocurrencies as a huge possible expenditure for the business of the bank and its eventual inability to stay on…
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