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…

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…

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…

The past several weeks have seen multiple signs of progress and recovery across the blockchain space, as market values have begun to rebound, and transaction activity has picked up. Platforms designed for decentralized applications (dApps) are among the most notable beneficiaries. Among these Cardano is standing out, with a potential breakout underway, and many crypto…

Most crypto analysts agree that mainstream adoption of blockchain technology is well-underway. Although the price recovery of many platforms is clear evidence of this fact, another sign is a rush to hire blockchain experts by a range of legacy financial institutions such as banks, investment groups, and analytics firms. Demand for blockchain skills is clearly…

Crypto-related businesses continue to emerge across the globe, with entrepreneurs seeking to capitalize on the enormous development of the blockchain space. Despite their potential for success, access to banking and professional financial services remains one of the greatest challenges faced by these upstart companies. Most banks continue to be wary of working with cryptocurrency startups,…

IBM has officially entered the financial services industry with the launch of Blockchain World Wire (BWW). Using the Stellar blockchain, Big Blue’s platform will enable banks to move large sums of money across borders more quickly, more securely, and for a small fraction of the cost of existing legacy systems. Moving assets across borders is…

A report from Bitwise to the U.S. Securities & Exchange Commission (SEC) asserts that ninety-five percent of the Bitcoin trading volume on Coinmarketcap.com is fake. As such, there appears to be significant flaws in the reporting of data by exchanges, and likely deliberate fraud by those seeking to influence the market or their own public…