Huge Chinese Retailer Launches Open Blockchain Platform

One of China’s largest retailers, JD.com, is launching a blockchain platform. The idea behind the JD Blockchain Open Platform is to allow the company’s enterprise customers to develop their own applications based on the innovative and disruptive technology. JD.com Hopes to Encourage Innovation with New Platform The goal of the JD.com’s new platform is to […]

Coinbase Seeks Patent for Security-Enhanced Bitcoin Payment System

U.S.-based digital currency exchange Coinbase has filed a patent on a new Bitcoin payment system designed to make cryptocurrency payments safer. The new platform will provide an added layer of security for users’ keys and allow them to make Bitcoin payments directly from their digital wallets. A segment of the patent filing states, “It may […]

Binance, LCX Collaborate to Launch Fiat-to-Cryptocurrency Exchange in Liechtenstein

Binance, the world’s leading cryptocurrency exchange by volume, has partnered with Liechtenstein Cryptoassets Exchange (LCX) to create and launch a cryptocurrency trading platform that allows users to trade directly against fiat currencies such as the euro. The Malta company announced Binance LCX as the forefront of their trading operations in the Central European economy. This […]

UK Regulator Warns Investors of Rising Cryptocurrency Scams

The Financial Conduct Authority, UK’s financial watchdog, is reminding consumers that cryptocurrency scams are rising in the country. Residents in the United Kingdom who decide to invest in Bitcoin or any other virtual currency are not protected by the regulatory framework given that cryptocurrencies are not regulated by the FCA. £2 Million Lost In Cryptocurrency […]

Dutch Trader Loses Reclamation Suit Against Banks That Froze His Accounts

In November 2016, a Dutch cryptotrader tried to buy his first 10 bitcoin, first using funds from his ING bank and later from ABN Amro. Both banks denied the transactions. He subsequently filed a complaint with Kifid (Financial Services Complaints Institute), a resource that mediates between consumers and small businesses when there are complaints about […]

[promoted] Equity Trust Forges a New Path for Crypto-Based IRA Investments

Asset diversification has long been touted as a critical strategy for wealth building. This method of portfolio management, which traditionally involves a mix of stocks, fixed assets and commodities allows for maximum return at the least amount of risk — an important element for retirement savings. One company with a strong foothold in this investment […]