Tom Jessop, Fidelity Digital Asset Services president, which administers $7 trillion in client assets, will not launch a crypto exchange, but will offer a custody service instead. … [Read more...] about Fidelity Digital Assets to offer custody service to institutional investors
GPU crypto mining interest is down
Advanced Micro Devices, Inc. (AMD) reports that the interest in virtual currency mining devices is dwindling. … [Read more...] about GPU crypto mining interest is down
Japanese crypto exchanges are approved for self-regulation
Japan Virtual Currency Exchange Association will be able to set rules to control the industry, it will also tighten requirements to tackle insider trading and money laundering. … [Read more...] about Japanese crypto exchanges are approved for self-regulation
Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
- The Financial Blockchain Shenzhen Consortium (FISCO) announced the launch of a coinless open-source blockchain platform - Coinbase has launched stablecoin USDC, backed one-to-one by U.S. dollar - Alibaba Cloud expanded its Blockchain as a Service (BaaS) offering outside of China - The UK Royal Mint has suspended its plan to launch gold-backed cryptourrency Royal Mint Gold … [Read more...] about Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
Lambda tackles blockchain data storage problems
The blockchain is constantly evolving. We are seeing time and time again how novel applications are disrupting new areas of blockchain technology. When companies pinpoint challenges and potential bottlenecks before they occur, this allows them to create innovative solutions that bring forth a new generation of blockchain technology. Lambda, a leader in the blockchain industry, … [Read more...] about Lambda tackles blockchain data storage problems
Crypto news in brief (October 22, 2018): BMGF, BitGo, Visa, Ethereum hard fork, Armenia
- The Bill & Melinda Gates Foundation has partnered with blockchain startup Coil - Ethereum's next hard fork, dubbed Constantinople, will be postponed until early 2019 - Visa is preparing to launch its blockchain-based digital identity system for cross-border payments - Goldman Sachs and Galaxy Digital Ventures have invested $15 million in crypto custody service BitGo - … [Read more...] about Crypto news in brief (October 22, 2018): BMGF, BitGo, Visa, Ethereum hard fork, Armenia
Interview with Ziad Nassar, co-creator of Gozo
We had a chance to talk to Ziad Nassar, a serial entrepreneur and co-creator of Gozo, a blockchain-enabled loyalty points clearinghouse, and travel savings club. Zaid was kind enough to answer a few questions on the startup. … [Read more...] about Interview with Ziad Nassar, co-creator of Gozo
SEC to provide assistance to crypto startups
The Securities and Exchange Commission (SEC) is launching a unit that will provide judicial and investment support to blockchain companies. … [Read more...] about SEC to provide assistance to crypto startups