While being a relatively new player in the crypto ecosystem, Fidelity is going full steam ahead with overtaking this emerging market. Industry sources leaked this on March 29th, but now it's official, according to a press release issued by Fidelity Digital Assets on the 10th of April. Sandler is named Head of Sales and Marketing…

Speculation of insolvency, and rumors of foul play are surrounding Bitfinex as New York Attorney General Letitia James has filed a claim against the exchange’s parent company, iFinex, accusing it of financial fraud. The claim asserts that the company has moved as much as USD $850 million held in reserve for the Tether stablecoin into…

Digital currencies are highly volatile. Since the 2009 release of the open source Bitcoin protocol, the crypto market has birthed over 2525 cryptocurrencies. Powered by Satoshi's blockchain technology, these digital assets now have an aggravated total market capitalization of approximately $172 billion at the time of writing. Programmatic trading utilizes computer algorithms to execute trades,…

Over the last couple of years, numerous governments and financial institutions have experimented with blockchain technology, granted its increasing popularity. Now, recent reports indicate that in an attempt to learn more about how blockchain technology and cryptocurrencies work, the International Monetary Fund (IMF) and the World Bank have launched an educational blockchain-based token. The coin…

Introduction Ever since cryptocurrencies became relevant, governments throughout the world have begun discussions on how to effectively regulate and tax the industry. A large part of the community does not agree with this, granted that the main purpose of digital currencies is to get rid of centralization and create a new financial society that isn’t controlled by a central authority.…

On April 18th the VeChain Foundation held its first World Summit in San Francisco, which drew developers, investors, and business leaders from around the world to explore use cases for its blockchain platform. VeChain Thor, or simply “VeChain,” has emerged over the past several months as one of the most promising platforms for a wide…

The increasing public interest in cryptocurrency is drawing greater attention to stablecoins, and their potential to reduce the volatility that has come to define market values. Tether (USDT) is by far the most popular of these digital assets, and has become a standard tool of traders and long-term investors alike. Nevertheless, since its inception in…

Bitcoin’s price recovery continues spur optimism among blockchain advocates, as it is increasingly looking like the months-long bear market is at an end. The flagship cryptocurrency has now spent more than a week above USD $5,000, bringing with it many alt coins, some of which are now at 2019 highs. As significant as these rising…

Because of high cryptocurrency usage and adoption rates, Asian countries like China, Japan, and South Korea, where few of the first to introduce regulations meant to control the growing industry. Digital currency enthusiasts in South Korea believe that the current regulations are bound to restrict the development of the crypto industry. Because of this, several…

Most interest in cryptocurrency and blockchain technology centers on market value and potential use as an alternative for fiat. The most significant adoption, however, is presently taking place in the industrial economy where interest in distributed ledger systems has become extremely high. Given the scale of growth, manufacturing is poised to be the driving force…