• Market Cap: $266b

  • Oct 12, 2024

Read latest and exclusive news on cryptocurrency and blockchain on a daily basis. Our team summarizes the news stories in a concise and straightforward language so that even the beginners can follow through.

Bitcoin Mining Giant Bitmain Investing $500 Million in New Texas Facility

The construction and set-up of this new facility are underway, and Bitmain estimates this phase will finish early in the fourth quarter of 2018, with the data center initiation in early 2019.

Coinbase Enables Immediate Trading and Increases Daily Trade Limits to $25,000

Coinbase has begun making these updates available and is now beginning to roll them out more broadly.

US SEC Postpones VanEck-SolidX Bitcoin ETF Decision Until September 30

The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change.

Blockchain to Save Banks Over $27 Billion Annually by 2030: Study

Banks to realize savings on cross-border settlement transactions of more than $27 billion by the end of 2030, reducing costs by more than 11% per on-chain transaction.

Bitcoin is the Best House in a Tough Market: Fundstrat's Tom Lee

"The news that we have seen, from the SEC saying bitcoin's a commodity, to ... the potential for an [exchange-traded fund] is causing investors to decide that bitcoin is the best house in a tough market."

Zilliqa Postpones MainNet Launch Until January 2019

Amrit Kumar, Head of Research, Zilliqa said the company will need more time to ensure that the code gets properly tested by the core team, the community, and auditing firms.

Coinbase Hires Amazon's Tim Wagner as VP of Engineering

Wagner joins from Amazon Web Services (AWS), where he most recently served as General Manager (GM) of AWS Lambda, Amazon API Gateway, and AWS Serverless App Repository.

Goldman Sachs Plans to Launch a Cryptocurrency Custodial Service

Goldman Sachs is now planning a cryptocurrency custodial service even as cryptocurrency markets continue to slump

Coinbase Back to Wyoming After Renewing Money Transmitter License

Wyoming customers of Coinbase can now once again buy, sell and use cryptocurrencies. They will get access to their accounts as well as to any funds (USD or cryptocurrency) that were stored in their accounts.

'Long Blockchain' Tea Company Being Investigated By SEC

Long Island Iced Tea, a New York based beverage company changed its name to Long Blockchain Company last December.