News > FinTech, Blockchain

Samsung to Add Crypto and Blockchain Features in Budget Galaxy Phones
South Korean electronics giant Samsung wants to make blockchain popular, and it plans to roll out blockchain features on some Galaxy smartphones to make it happen. Citing a press release, Business Korea reports that Samsung Electronics will be adding cryptocurrency and blockchain features – currently available only on the flagship Galaxy S10 – to more affordable models. It also plans
BTC Hits $8K – Is The Bull Run Frothy Or Here To Stay?
As BTC briefly hit $8,000 earlier today, we are clearly back in crypto bull market territory. This has left many investors wondering whether we’re on our way to another crypto bubble. Below, blockchain and crypto thought leaders from IOST (the application-ready, next-gen public blockchain and Top 50 coin) and (the leading blockchain-based hotel booking platform) posits on the drivers
Cold Storage Key As Shown In Binance Hack
Off the back of news that hackers have stolen more than $40 million in cryptocurrency from crypto exchange Binance, please find below commentary from industry experts on how cold storage can improve safety. mohamed_hassan / Pixabay Tara Annison, Technical Product Manager of the PR9 Network, a real-time institutional trading and settlement platform for blockchain-based assets held in cold storage, commented:
Hackers Steal Over $40m Worth of Bitcoin From Binance
Binance, one of the world’s largest cryptocurrency exchanges, has been hit with “a large scale security breach” in which hackers stole over $40 million worth of bitcoin, the company said in a statement. The hackers reportedly absconded with 7,000 units of bitcoin, along with user information such as API keys, two-factor codes, and “potentially other info.” The exchanged managed to
BTC Market Cap Surpassing $100 Billion And Nearing $6,000
As BTC’s market cap has broken the $100 billion mark for the first time in almost 6 months and the price is nearing $6,000, I wanted to share some expert commentary in response to the recent upswing. vjkombajn / Pixabay Vaibhav Kadikar, Founder & CEO, CloseCross, a decentralised prediction market platform, said, “It’s going to be a hot summer. BTC
Fido Gears up to Trade Crypto
If you were looking for a sign that crypto was going mainstream, this is probably it. Bloomberg: Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and sell the world’s most popular digital asset for institutional customers within a few weeks, according to a person familiar with the matter. The Boston-based firm, one of
Bitfinex Launches $1B Token Sale
Hong Kong-based crypto exchange Bitfinex is looking to raise $1 billion in an IEO, writes The Block: Crypto exchange Bitfinex will conduct an initial exchange offering (IEO), aiming to raise $1 billion, according to details from an upcoming white paper reviewed by The Block. The final version of the white paper is still under review. Bitfinex’s exchange tokens, dubbed LEO,
Hong Kong to Regulate Crypto Mining as China Mulls Outright Ban
Here’s something interesting, according to the Harbour Times, Hong Kong is set to restrict crypto mining: Hong Kong has moved to regulate cryptocurrency mining, the computing process that generates cryptocurrencies such as Bitcoin, with regulators attracted to the industry by the massive amounts of money it has generated. The sale of mining equipment and any other products and equipment necessary
JP Morgan Sets Its Sights on Payments
Seeking to ward off upstarts like TransferWise and Ripple, American investment banking giant JP Morgan is expanding its blockchain project onto the payments scene. J.P. Morgan’s Interbank Information Network (IIN), which was originally designed to tackle compliance issues, will be expanded to “help smooth the banking industry’s payment system,” the Financial Times reports. “The initial use case was around sanctions screening,”
Security Tokens More Like Stocks Than You Realize?
Cryptocurrencies may not be your favorite asset, but you’ve definitely heard of them. It often gets very confusing as to what these coins actually are, how they operate, and how can people produce them and sell them for such high prices. Furthermore, how can a Stock trader find it extremely convenient to switch to cryptocurrencies, should he or she decide