Swiss Crypto Company Acquires License to Distribute Funds to Investors

Swiss Crypto Company Acquires License to Distribute Funds to InvestorsCrypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Contact […]

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Chainbet Protocol Adds Trustless Multiplayer Bets, Auctions, and Dice Rolls

Chainbet Protocol Adds Trustless Multiplayer Bets, Auctions, and Dice RollsJust recently news.Bitcoin.com reported on the Chainbet protocol created by the developer Jonald Fyookball, designed to add trustless betting features to the Bitcoin Cash network. Following the launch of this concept, the Openbazaar developer Chris Pacia messed around with the idea and completed the first on-chain atomic bet. Now, this week the Chainbet contributors Fyookball, […]

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OTC Trading Platform Paxful Is At the Forefront of a Crypto Boom in Africa

Current financial, social, and economic conditions in Africa have contributed to the surging popularity of cryptocurrencies on the continent. For the over-the-counter (OTC) crypto trading platform Paxful, African customers account for almost $7.5 million in transactions per month. Interestingly, half of these crypto enthusiasts are under 30-years-old and either have a college degree or are

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Strong Demand for Crypto Experts on the Russian Labor Market

Strong Demand for Crypto Experts on the Russian Labor MarketStatistics from leading job search platforms indicate that the demand for cryptocurrency and blockchain specialists in Russia remains strong. Most employers offering these vacancies are either IT companies or banks. The competition for crypto expertise is getting tougher, as the country is preparing to finally regulate the fintech sector.   Also read: Crypto Incomes Declared […]

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Cryptocurrency Hedge Funds Were Down 12% to 19% in May 2018

Cryptocurrency Hedge Funds Were Down 12% to 19% in May 2018No need to beat yourself up if your cryptocurrency portfolio exhibited less than stellar performance in May. Even the professional traders employed by the big hedge funds active in the space have suffered double digit declines during the previous month.  Also Read: Bitcoin in Brief Monday: From New York to Historic Istanbul Market Crypto Hedge […]

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Jack Dorsey’s Square Obtains Ninth BitLicense Ever

Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018. Square Becomes Ninth

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Financial Services Provider Square Acquires New York Bitlicense

Financial Services Provider Square Acquires New York BitlicenseThe company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York. Also Read: Cryptocurrency Brokerage Service Genesis Global Granted Bitlicense Square Has Obtained […]

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The World’s First Play Funded By Bitcoin is Coming to London

London’s Trafalgar Studios is to play host to the first theatre production funded by Bitcoin. The play is titled Silk Road (How to Buy Drugs Online). Bitcoin-Funded Play Focuses on Early Dark Web Use of Cryptocurrency The show that was first conceived back in 2014 will premiere in August. It was written by Alex Oates and

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Six Alternatives to an Initial Coin Offering

Six Alternatives to an Initial Coin OfferingLast summer, ICOs could do no wrong. But by 2018, the acronym had been relegated to the realm of the unmentionables, a place normally reserved for the most offensive cuss words and the name of Harry Potter’s antagonist, Voldemort. In many circles, “ICO” has become a dirty word. In its place has come a range […]

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