Celsius, a community-based borrowing and lending platform, aims to put members’ interests as the priority instead of profits. They are creating new financial products with the aim of achieving this goal. In the current financial world, banks and other money lending institutions charge far more in loan interest than they return to customers in deposit […]

Within the blockchain community, there is a clear consensus that this cryptographic technology will change the world. This article and the two pieces that follow in the series, will explore the opportunities, the challenges and the current projects in the space focused on creating a social impact. Blockchain is the technology that underlies Bitcoin and […]

WASHINGTON (Reuters) – Governments and central banks need to collaborate on developing regulations for crypto-assets to prevent them from becoming a new vehicle for money laundering and terrorist financing, International Monetary Fund Managing Director Christine Lagarde said on Wednesday. In a blog posting ahead of a meeting of Group of 20 finance leaders next week, […]

The FPS is used by banks in the UK for same-day clearance. Today, London-based cryptocurrency exchange platform London Block Exchange (LBX) confirmed that it will offer its clients on-shore accounts and access to the Faster Payments Service (FPS). In the UK, the FPS is a payment-clearing scheme for electronic sterling payments, an initiative taken by […]

Foxbit, Brazil’s largest cryptocurrency exchange, has been down for over 72 hours, reportedly because of a bug that allowed its users to withdraw their bitcoin balances twice. The problem saw the company lose a total of 30 Bitcoins, at press time worth roughly $270,000. Through a livestream on YouTube, the company’s CEO João Canhada and […]

One of Finland’s largest cryptocurrency exchanges, Prasos Oy, is being faced with a real threat of closure after several banks refuse to do further business with the company. As things currently stand, many North European exchanges are facing similar issues due to a lack of regulations surrounding digital assets. Prasos Oy, in particular, is just […]

Last year, investors saw history in the making. Not only did cryptocurrencies announce their coming out party in a big way by increasing their aggregate market cap by nearly $600 billion, but the better than 3,300% rise in market cap also just might be the single most impressive year for any asset class in history. […]

1.What is a Centralized Cryptocurrency Exchange? It is an online platform and most common way to trade cryptocurrencies. This includes buying/selling cryptocurrencies with fiat (fiat/crypto paring) as well as buying/selling cryptocurrencies with other cryptocurrencies (crypto/crypto pairing). They can be viewed as an online marketplace for the entire cryptocurrency network. 2.What does it mean for an exchange to […]

Devices found at Telecom Egypt demarcation points have been found to be surreptitiously redirecting Egyptian Internet users to advertisements and cryptocurrency mining sites, according to a report published by Citizen Lab at the University of Toronto Friday, March 9. The technology research lab’s report explains that the scheme, referred to as Adhose, operates via middleboxes, […]

Crypto exchange and wallet Coinbase has announced the creation of both the Coinbase Index Fund and Coinbase Index in a Medium post yesterday, March 6. The Coinbase Index Fund, whose “basket of digital assets” includes all of the Coinbase exchange GDAX’s four coins — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) — is open to all US-resident accredited investors–defined by those having a net worth of more than $1 mln or […]