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Tesla Stock Plunges After EV Titan Abandons $4.5 Billion Gigafactory Expansion
Tesla stock just can’t seem to catch a break. The latest shock? The Elon Musk-led firm and Panasonic abruptly shelved plans to expand the $4. 5 billion Gigafactory 1 in Nevada. Tesla Stock Suffers Another Major Setback Already the largest EV battery plant in the world, Tesla and Panasonic had planned to expand Gigafactory 1 by a staggering 50% to 54GWh by 2020. дальше »
2019-4-12 17:37 | |
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A16z to Start Favoring High Risk Crypto Assets as Migration Away From Role as Traditional VC Firm Begins
As the bear market becomes less prevalent for the cryptocurrency industry, more startups are expected to come in. Venture capital firms have begun preparing themselves for this influx including A16z. дальше »
2019-4-3 04:37 | |
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Blockchain Technology Market Likely to Be Worth $20 Billion by 2024, Claims Report
According to a March 19, 2019, press release by market intelligence and research firm Transparency Market Research (TMR), the market for blockchain technology is expected to surge at a compound annual growth rate (CAGR) of 58. дальше »
2019-3-20 14:00 | |
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Crypto Exchange Launch Shows Riot Blockchain Still Clings to the Bitcoin Dream
Riot Blockchain, a former biotech firm turned bitcoin-mining company, expects to launch a regulated cryptocurrency exchange by the end of the second quarter of 2019, or June 30. The company is initially investing up to $250,000 to make this roll-out happen. дальше »
2019-3-18 00:30 | |
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London’s Xena Crypto Exchange to Release Telegram’s GRAM Crypto Token Derivative Contracts
Xena Exchange, a cryptocurrency exchange organization based in London, has now announced plans to kick off its own derivative contract for Telegram’s GRAM token. The firm, who is directly affiliated with Telegram, has now announced that XGRAM will be available for public trading. дальше »
2019-3-12 19:42 | |
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Malta Appoints Cybersecurity Firm Ciphertrace to Monitor Crypto Transactions
The Malta Financial Services Authority (MFSA) has appointed U. S. cybersecurity company Ciphertrace to help with compliance monitoring of crypto assets. Ciphertrace will be expected to keep track of transactions that pass through local crypto exchanges and digital wallets including ICOs, screening for potential money laundering and terrorism financing violations. дальше »
2019-3-12 03:01 | |
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Facebook’s “Crypto” Currency Expected to Add Up to $19 Billion in Revenue
According to a client note issued by Barclay’s internet analyst Ross Sandler, Facebook’s launch of its own digital currency could yield billions in additional revenue for the firm. The social network has been reportedly developing its own stable-coin, although precise details of the project remain limited. дальше »
2019-3-12 00:00 | |
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Elon Musk Secures $500 Million in Chinese Bank Loans for Tesla Gigafactory Despite CEO Eject Threat
Elon Musk might be fighting for his job in the U. S. , but his company is on track to achieve its dream of mass producing its Model 3 sedans in China. The company has secured over $500 million in loans from Chinese lenders as it inches closer to building its vehicle and battery Gigafactory in China. дальше »
2019-3-9 17:25 | |
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Billionaire Oprah Winfrey Loses $50 Million in Weight Watchers Shares after 30% Plunge
Shares of fitness firm WW, which was formerly known as Weight Watchers International, plunged 30% in pre-market hours on Wednesday wiping out nearly $50 million of the stake that Oprah Winfrey holds in the company, according to CNBC. дальше »
2019-2-27 15:45 | |
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Morgan Stanley to Spend $900 Million in Biggest Acquisition Since 2008 Crisis; Will the Trump Admin Approve?
Morgan Stanley is shelling out $0. 9 billion to acquire stock-plan firm Solium Capital. The acquisition of the firm that mainly specializes in offering Software-as-a-Service for managing employee share plans, ‘financial reporting and compliance’ is expected to bolster Morgan Stanley’s wealth management business. дальше »
2019-2-15 13:32 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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Pantera Capital Braces for SEC Action Against 25 Percent of ICO Investments
Increasingly frequent action taken by the SEC against initial coin offerings is expected to lead to more cryptocurrency projects being forced to refund investors. Among those expected to be affected is the first U. дальше »
2018-12-15 15:15 | |
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VanEck Subsidiary MVIS Launches Bitcoin OTC Index
MV Index Solutions (MVIS), a subsidiary of investment management firm VanEck, has announced the launch of MVIS Bitcoin U. S. OTC Spot Index (MVBTCO), a bitcoin-based index and the first one that monitors the performance of bitcoin across established over-the-counter (OTC) platforms in the U. дальше »
2018-11-22 17:35 | |
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Jay Ryu, The Draper Athena Director to Join Huobi A US Based Bitcoin Exchange HBUS
Huobi’s US-based partner HBUS has recently been on a recruiting spree that has seen the firm bring in top talent from its competitors. Its latest hiring is Jay Ryu, who is expected to head its Mergers, Acquisitions, and Investments division. дальше »
2018-11-15 04:22 | |
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Laureate Digital Securities Announces a Planned Asset Digitization Powered by AlphaPoint Technology
Laureate Digital Securities, a fintech firm that utilizes blockchain technology to manage assets, has announced an asset digitization plan, secondary trading, and investment portal, all of which will be powered by AlphaPoint technology. дальше »
2018-11-2 22:10 | |
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Research: Corporations struggle to scale their blockchain solutions
Research from financial market advisory firm Greenwich Associates has found corporations are struggling to deliver on their blockchain promises. Greenwich Associates interviewed 213 companies – that claim to be working on integrating blockchain or distributed ledger technology (DLT) into their business – to establish the challenges they face and why development has been slower than expected. дальше »
2018-10-15 13:50 | |
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Cardano (ADA) Could Moonshot After Coinbase Listing
Chart for ADA/USD (1W) Cardano (ADA) is the cryptocurrency with the highest probability of being listed next on Coinbase. Cardano (ADA), which is supported by IOHK, is the firm run by Charles Hoskinson, the founder of Cardano (ADA). дальше »
2018-10-10 18:30 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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Fidelity CEO Teases Crypto Product Announcement By “End of the Year”
Boston, Massachusetts-based, $6. 9 trillion asset manager and financial services company, Fidelity Investments, is close to entering the cryptocurrency space, with an announcement from the firm expected “by the end of the year,” if recent comments from Fidelity’s CEO holds true. дальше »
2018-9-20 18:30 | |
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Crypto Exchange Seed CX Record 50% Increase From Series B Funding
Seed CX, a crypto exchange company, has revealed that it raised $15 million in a Series B funding round. The figure is an obvious improvement on the $10 million which it raised in Series A. According to a press release, asset management firm, Bain Capital Ventures led the funding round which is expected to play […] The post Crypto Exchange Seed CX Record 50% Increase From Series B Funding appeared first on ZyCrypto. дальше »
2018-9-12 20:46 | |
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US Losing Out on Crypto Trading to Overseas Exchanges
In a story gone all wrong for cryptocurrency exchanges in the United States, Coinbase has lost as much as 83% of its trading since January. The lucky winners of Coinbase loss were made outside of the USA in the exchanges of Malta and others Research by business firm, Bernsteinn said that Coinbase though expected to […] The post US Losing Out on Crypto Trading to Overseas Exchanges appeared first on ZyCrypto. дальше »
2018-8-20 23:07 | |
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Bitcoin Price Crashes As SEC Delays ETF Decision: What Should You Do?
Designerkottayam / Pixabay The Bitcoin price dropped sharply on Wednesday after the U. S. Securities and Exchange Commission (SEC) postponed its verdict on the proposed Bitcoin exchange-traded fund (ETF). дальше »
2018-8-9 06:29 | |
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New Partnership Designed to Securely Track Precious Metal Trades
Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error. дальше »
2018-8-9 18:15 | |
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Audits and Quality Assurance: Patching the Holes in Smart Contract Security
On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $23. дальше »
2018-8-3 19:24 | |
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SEC Puts Off Decision on 5 Bitcoin ETFs Till September 2018
The U. S. Securities and Exchange Commission (SEC) has postponed the review of Bitcoin ETFs proposed by investment firm Direxion Asset Management, as it needs more time to study the proposal before reaching a final decision. дальше »
2018-7-26 23:43 | |
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The Future Of The Cloud Is In Blockchain, According To New Google Partnership
As expected, Google have entered a bit of a blockchain rampage, forcing themselves into the blockchain industry with as much impact as possible. As a tech giant and a world leader, Google have no choice but to get involved within this sort of work, otherwise eventually, customers would fall out of love with them. дальше »
2018-7-25 06:00 | |
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Hong Kong Asset Management Firm Preparing to Launch Crypto Vault for HNWIs
An asset management firm from Hong Kong is preparing to launch a cryptocurrency custody service. The Fusang Vault, as the service will be called, is the brainchild of the Fusang Investment Office. дальше »
2018-7-24 22:30 | |
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Malta-based STASIS Launches New Euro-Backed Stablecoin
Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end. дальше »
2018-7-16 19:46 | |
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ICYMI: Crypto Facilities Set to Launch Litecoin Future
The Crypto Facilities, a top UK firm has set to launch Litecoin future on 22 June 2018. The decision came few weeks after the firm successful launched Ethereum future. The new product is expected to be used against the US dollar according to a report. дальше »
2018-6-21 20:53 | |
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