Teenage bitcoin millionaire Erik Finman is now saying that the cryptocurrency is “dead.” “Bitcoin is dead, it’s too fragmented, there’s tons of infighting, I just don’t think it will last,” Finman told MarketWatch. “It may have a bull market or two left in it, but...
Boerse Stuttgart Group, Germany’s second-largest stock exchange, has announced the launch of its own cryptocurrency trading platform in the first half of 2019. In addition, solarisBank will provide the required crypto trading banking services to Boerse. “With its combination of technology and banking expertise, solarisBank...
Bitwala has rolled out digital currency banking services in Germany through a partnership with a regulated FinTech firm that has a banking license, CoinDesk reported. Through the offering, customers can control deposits in both euros and bitcoin (BTC), in the same place, through the “safety...
Samsung filings in Europe hint at a new shot across the blockchain smartphone bow. Elsewhere, distributed ledger technology is being used to underpin commodities transactions, even while being viewed as a systemic risk by some financial industry participants nonetheless signing on to their own blockchain...
BitPay has announced that OneGold, a marketplace that combines the benefits of gold and silver with blockchain-based digital assets, is now accepting bitcoin and bitcoin cash. Founded by APMEX and Sprott, OneGold allows investors to buy, sell and redeem digital gold and other precious metals. “Cryptocurrency is...
State Farm announced that it is testing out blockchain technology to streamline the subrogation process for auto claims. Subrogation is the last part of the claims process, where an insurance company recovers costs it paid to its customer for damages from the at-fault party. State...
Bitmain is reportedly shuttering its development center in Israel, which was created two years ago, TheNextWeb reported. The outlet said a number of the center’s staff members will be laid off, and Bitmaintech Israel Head Gadi Glikberg, who is also a Bitmain VP, will leave...
Venezuela is finally getting ready to transition to the petro for oil sales next year. Last year, the country launched its own cryptocurrency that will be backed by the OPEC nation’s oil, gold and mineral reserves. The move was in response to what Venezuela called a financial...
In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the blockchain to help the technology fully actualize: That is, the institutions need to have digital national currencies as well as systems for digital...
