Among the hundreds of ICOs that have disappeared from the ecosystem, Celsius can be considered one of the successful businesses. It is not about an extreme increase in the value of the token generated by speculation, but the fact that it has managed to become a respected actor in the crypto market. The New York…
In recent months, the second cryptocurrency as market cap, Ethereum, has become the target of multiple criticisms due to scalability issues. The topic was frequently discussed because of the fact that Vitalik Buterin stated that the network is very crowded. It is true that Ethereum is experiencing congestion, as network usage exceeds 94%. As a…
Turkish bank Takasbank has announced the launch of the BiGA blockchain platform for trading tokenized gold bars and coins. According to the bank, these assets are similar to physically secure stablecoins and have a value tied to gold. Since BiGA is the short name for one gram of gold in Turkish, one BiGA token will…
The US-China trade war pushes Chinese investors toward Bitcoin With the fall of the Chinese yuan as the US-China trade war continues, there are signs that Chinese investors are increasingly moving funds into Bitcoin. According to a price analysis done by Bloomberg, the negative correlation between yuan and bitcoin has dropped to a record level…
The research and education department of the Huobi cryptocurrency exchange announced a partnership with the University of Gibraltar on various blockchain-related initiatives. According to a press release, Gibraltar’s Secretary of Commerce Albert Isola signed a memorandum of understanding on behalf of the university, formally announcing the start of cooperation. Huobi University president Jianing Yu, who…
Fan of Atlético Madrid? Then there is good news, Atlético Madrid has recently entered into a partnership with blockchain platform Socios.com and is launching its own token. This appears from a twitter message from Atlético Madrid and Socios. Comunicado Oficial: #WelcomeAtleti pic.twitter.com/Tjh6taMUdm – Socios.com (@socios) September 6, 2019 The “Official Fan Token” comes on the…
A senior NBK official said that China’s upcoming state cryptocurrency will be similar in architecture to Facebook’s stable Libra. Deputy Director of the Payment and Settlement Decisions Division of the People’s Bank of China (NBK) Mu Changchun commented on a lecture this week, according toagency Reuters. Mu added that digital currency will also be able…
Cryptocurrency exchanges abuse the inflated trading volumes. This means that really fewer cryptocurrencies are actually traded on exchanges and the market as a whole than stated. The problem with determining the actual trading volumes was recognized by CoinMarketCap and announced that it would work on its algorithms to provide more accurate information about trading volumes….
Phone giant Samsung is planning to release a crypto version of the Galaxy Note 10. Samsung is working together with Kakao Corp, which will launch the KLAY token on the market. In addition to a crypto wallet, users of the Galaxy Note 10 also receive an unknown number of KLAY tokens. So actually a kind…
According to Thomas Jordan, President of the Swiss National Bank of Switzerland (SNB), stable cryptocurrencies can violate Swiss monetary policy in certain circumstances. At a speech at the University of Basel, Jordan emphasized that the use of cryptocurrencies as a payment instrument or means of accumulation is very limited due to the volatility of these…
