Jump Trading accuses ex-engineer of stealing IP for rival startup

The Agricultural Bank of China previously debuted digital yuan ATMs this January. 232 Total views 5 Total shares China continues apace with the adoption of its central bank digital currency (CBDC) as major banks launch a significant batch of digital yuan-powered ATMs.The digital yuan — a CBDC controlled by The People’s Bank of China —…

PlanB, the pseudonymous creator of Bitcoin's stock-to-flow model, explained Bitcoin's journey from a proof-of-concept to a mainstream financial asset. 1595 Total views 38 Total shares Crypto analyst and Twitter personality, PlanB, recently said Bitcoin is serious business as he recapped the asset's journey over the last decade. “This thing is not a toy anymore," PlanB told…

Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund

Crypto exchange ErisX has raised $27.5 million from Fidelity Investments and Nasdaq Ventures, among other investors, Reuters reports Dec. 4Nasdaq is the world’s second largest stock exchange, while U.S. investment firm Fidelity administers over $7.2 trillion in client assets.According to Reuters, ErisX will offer both on spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin…

Bitcoin (BTC) futures daily trading volume plunged sharply from about $20 billion on June 11 to about $5 billion on June 13. This is a negative sign because the volume increased during the sharp fall on June 11 but reduced during the rebound on June 12 and 13.On June 14, the top-ranked cryptocurrency on CoinMarketCap…

In Sweden, cash in circulation represents only 1% of the country’s gross domestic product, and some experts predict the nation will go “totally cashless” by 2023. In China’s largest cities, over 90% of people use WeChat Pay and Alipay as their primary payment method, with cash a distant second. It may seem that the transition to…

Malaysia’s finance regulator and central bank issued a joint press statement Dec. 6 in which they confirmed they were “putting in place” legislation on cryptocurrency and Initial Coin Offering (ICO) assets.The statement from the Malaysia’s Securities Commission (SC) and Bank Negara Malaysia (BNM), which follows comments from senior government official that regulation of the sector…

Bitcoin faces trying times, but the outcome of this week's BTC price action could be bullish or "exhaustingly" sideways, says Peter Brandt. 213 Total views 3 Total shares Bitcoin (BTC) may have printed a classic “head and shoulders” pattern but bulls could still win, says veteran trader Peter Brandt.In a tweet on Oct. 27, Brandt,…

Updating its popular BTC price model, crypto analyst PlanB predicts the cryptocurrency could see a rally to $100K by 2021. 1414 Total views 41 Total shares Crypto analyst PlanB released a key indicator for its stock-to-flow price prediction model which could signal a Bitcoin bull run to $100,000 by 2021 has just begun.PlanB confirmed on…