Bakkt To Strengthen Its Bitcoin Offering With More Institutional Investment

Bakkt acquired the independent futures commission merchant with an aim to strengthen its bitcoin offering with more institutional investment. The amount paid for acquisition has not been disclosed. Bakkt has a well-planned strategy to remain undefeated in the crypto market. Till now it has raised $182 million capital. Now it is working for building a trusted […]

Paper Money Is Declining Quickly In Sweden

A year ago, a report was issued by Sweden’s Riksbank about the possibilities of the administration propelling a digital option in contrast to their national cash, the krona. The report described how the electronic fiat coin would look and work. The Swedish government has now released a second report requesting an anticipated dispatch date of […]

Goldman Sachs is Signing up Customers for its Bitcoin Trading Product

Goldman Sachs is Signing up Customers for its Bitcoin Trading Product. The leading global investment bank Goldman Sachs has discreetly begun to sign up a selected few customers for its yet-to-launch bitcoin trading product.   The Block reports that Goldman Sachs has included a “small number of clients” to actively trade the derivative, a non-deliverable […]

Ron Paul Supports the Exemption of Cryptocurrencies Tax

Ron Paul Supports the Exemption of Cryptocurrencies Tax. Ron Paul is the Austrian School economist and remarkable Libertarian who served as a US Representative for more than ten years. He is presently pushing for a duty exception on digital currencies. He also believes that the issuance of a legislature supported cryptocurrency, instead of private or […]

Microsoft’s Azure and Nasdaq Partners for Blockchain Initiative

The blockchain technology race has just opened up a whole new front, this time with a potentially significant joint project in the fintech sector. New York-based exchange operator Nasdaq is integrating its Financial Framework with Microsoft Azure Blockchain. The world’s second-largest stock platform continues to actively embrace the capabilities of the technology that underpins crypto […]

Crypto Savings Platform, Vimba, Secures $330K Grant From New Zealand Govt’s Innovation Arm

Vimba, the crypto savings and trading platform, has received a $330,000 grant from Callaghan Innovation,  which is the New Zealand government’s innovation arm. Formerly known as MyCryptoSaver, Vimba, launched in 2014. It offers a simple way for all New Zealanders to invest small amounts on a weekly basis into major cryptocurrencies, such as Bitcoin and […]

ConsenSys Acquired Mining Company

 ConsenSys Acquired Mining Company -In an official press release, the Asteroid mining company Planetary Resources, Inc. said that it had been acquired by the New York-based blockchain software technology startup and Ethereum development studio, ConsenSys, through an asset purchase transaction. Planetary Resources Chris Lewicki, the President and Chief Executive of Planetary Resources, along with Brian […]

Big Milestone For Blockchain

Big Milestone For Blockchain -The Austrian Government announced that it has prepared to auction $1.3 billion worth of bonds on Ethereum, which will be the largest initial milestone for the blockchain. Austrian treasury stated that these are Government Bonds and will be the largest-ever smart contract by a governmental organization till date. “This added security contributes […]

Fiat Crypto Exchange By Binance In Uganda

Fiat Crypto Exchange By Binance In Uganda-As part of a wider commitment to encourage blockchain usage for charitable causes, Binance’s CEO, Changpeng Zhao, announced that through the firm’s charitable division, his exchange would donate $500,000 to local causes. CEO’s $500,000 Donation As a major aspect of a more extensive duty to empowering blockchain technology being […]

Moscow Bitcoin Boutique on Russian Regulation

Moscow Bitcoin Boutique on Russian Regulation. DeeCrypto, which has been in business for seven months, is something more than just a place that provides individuals an opportunity to trade virtual currency in a physical world. It has a stack of crypto items and stock, starting from physical wallets to Bitcoin logo t-shirts.   The two-story […]