More crypto companies are apparently letting a significant number of their workforce go, a further sign that the cryptocurrency bear markets are not ready to…
Posts published in December 2018
Genesis Managers Now Have Access to Just2Trade Trading Services
Genesis Vision, a decentralized trust management platform built on blockchain technology and smart contracts, has activated its partnership with FX broker Just2Trade Online Ltd. Specifically, Genesis…
Court Acquits Bithumb in Hack Case, Says Not a Financial Firm
Earlier this week, a South Korean court has acquitted , which was accused by a client of allowing hackers to steal his cash and crypto…
Brazilian Retail Chain Adds Crypto as a Payment Option
A supermarket chain called Oásis Supermercados has added cryptocurrency as a payment option. The Rio de Janeiro-based supermarket is one of the major in the…
GKFX Taps Khaled Guerbouz as Middle East CEO
Khaled Guerbouz, CEO of GKFX Middle EastGKFX just on-boarded a new CEO for its office in the Middle East. The company hired former institutional business…
HKEX-Listed Madison Plans to Acquire BitOcean Crypto Exchange
-listed Madison Holdings Group is planning to buy a majority stake in the Japanese cryptocurrency trading platform BitOcean via a subsidiary called Madison Labs, according…
GMO Exits Crypto-Mining Infrastructure Industry at Huge Loss
The latest in a string of companies pulling the plug on their has come from Japanese IT giant GMO Internet. The company said in a…
Lightning Network Balloons to 500 BTC Despite Bear Market
Lightning Network, which was introduced earlier in 2018 to solve Bitcoin’s scalability problem, seems to be growing leaps and bound in spite of the crypto’s…
60% of Battered Crypto Firms in UK Are Throwing in the Towel
As the price of cryptocurrencies plunges, and regulators are stepping up investigations into the murky sector, new figures show that over 300 UK-based blockchain startups…
Bank of America Files Yet Another Blockchain-Related Patent
Bank of America (NYSE:BAC), the second largest bank in the United States by assets, has applied for a associated with the development of new cash…