Akon, a Senegalese-American rapper and solar energy entrepreneur, plans to offer a cryptocurrency in two weeks to help improve conditions in Africa, according to Page Six. Speaking at the Cannes Lions International Festival of Creativity in Cannes, France, the entertainer and entrepreneur told a panel that cryptocurrency and blockchain technology could empower people in Africa […]
Speaking at an event, Goldman Sachs CEO Lloyd Blankfein talked about Bitcoin in an optimistic light, saying that although he doesn’t own any, he can’t rule out the cryptocurrency having a future in the world of finance. In other Goldman news, COO David Solomon has said that the firm is exploring alternative cryptocurrency trades beyond the […]
In an effort to take advantage of China’s innovation in the cryptocurrency sphere, asset management firm Reality Shares launched the first ever blockchain ETF for the country. The company says their goal is to “democratize the world’s best investing ideas.” According to a news release on June 20th, the Reality Shares Nasdaq NexGen Economy China […]
Tether announced its tokens are fully-backed by real cash according to a third-party review but the crypto community doesn’t seem convinced.
Initial coin offerings (ICOs) may provide early-stage startups with an effective way to raise capital and build a dedicated base of followers, but the head of one of the world’s largest stock exchanges believes that they’re harmful to retail investors. Nasdaq CEO Adena Friedman levied this criticism on Wednesday at the Future of Fintech conference […]
World Refugee Day is a day that is held every 20 June to highlight and raise awareness of the situation that refugees face throughout the world. But with billions of people worldwide lacking an identity, how can the blockchain be leveraged to deliver digital identities to the world’s most vulnerable? Using the Blockchain to Provide […]
The U.S. government needs to develop reasonable regulations around the nascent cryptocurrency space, said OMB director Mick Mulvaney.
Tether Ltd., which issues a stable coin allegedly tied to U.S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. While the law firm did not perform […]
Passengers visiting Amsterdam’s Schiphol Airport will now be able to trade their Euros for cryptocurrencies, through a newly launched cryptocurrency ATM. Schiphol Unexpectedly Announces Cryptocurrency ATM On June the 20th, Schiphol Airport announced the installation of its first cryptocurrency ATM. According to the blog post released by the airport, this is going to be the […]
Members of the House of Representatives, the lower chamber of the U.S. Congress, must begin disclosing cryptocurrency investments that exceed $1,000.