Lloyd Blankfein, the CEO of Goldman Sachs, one of the biggest investment banks in the global finance sector valued at $87 billion, has criticized skeptics that believe Bitcoin and cryptocurrency do not have a future. Open-Minded and Forward Thinking Since early 2017, Blankfein has stated that he is not yet convinced the cryptocurrency market has […]

By Albert Williams Stock and crypto trading app Robinhood plans to offer banking services to its 4 mln users, Bloomberg reported June 20, citing anonymous sources. Robinhood, which in February began allowing zero-fee cryptocurrency trading through its Robinhood Crypto tool, is currently in “constructive” talks with the U.S. Office of the Comptroller of the Currency (OCC) to position itself as a banking services provider. […]

“[I’m] very much waiting for you guys to finish in a sea of shitcoins.” With that, pseudonymous forum user ‘Monkeyyy’ just might have summed up the sentiment surrounding a forthcoming cryptocurrency called “grin.” Rising to renown last year as the first software implementation for a code proposal known as MimbleWimble, the idea is to start a new blockchain […]

Scammers are a nuisance. Perhaps nowhere else within the cryptocurrency space have scammers become more frustrating than on crypto Twitter. The social media site has been overtaken with accounts impersonating notable figures and businesses promising tens of thousands of bitcoin or ether or XRP, in return for users merely sending a small amount of a […]

An MIT test is providing a rare glimpse of how bitcoin might truly work at scale. Revealed to CoinDesk last week, the prestigious U.S. university has been quietly demoing an experimental use case for bitcoin’s lightning network, one that showcases how it might be combined with smart contracts to not only handle millions of transactions, but […]

The cryptocurrency markets are flashing red as the third week of May comes to close. The total market capitalization of cryptocurrencies has dropped by 14.48 percent to $366 billion in the last 7 days, taking the month-to-date losses close to 30 percent, according to CoinMarketcap. Further, the probability that the cryptocurrency market will regain poise next week […]

Winklevoss IP, the company owned by Gemini founders Cameron and Tyler Winklevoss, has been awarded with a patent claim that aims to settle exchange traded products (ETPs) holding cryptocurrencies. The company outlined a system that can execute transactions for ETPs holding cryptocurrencies “such as bitcoins … ripple, dogecoins … ether” as well as BBQCoin, among others, […]

European cryptocurrency brokers are confronting regulators head-on, saying bring on the transparency. Digital currency brokers would rather face clear-cut rules and greater transparency in the market than battle the stigma that they have anything to do with fraudulent activity in cryptocurrency trading, according to a recent article in Bloomberg. It’s a sign of market maturity to […]

It has become apparent that scalability in the world of blockchain technology will remain a pressing problem. While cryptocurrency developers are working on addressing these issues right now, there is no unified approach. BloXroute Labs is working on a proprietary solution that will allegedly offer scaling and be compatible with all existing and future blockchains without too much of a problem. It’s an ambitious goal, and one […]

SEC Commissioner Hester Peirce isn’t yet “willing to make a blanket statement that everything other than Bitcoin is a security,” she said on Wednesday at the Medici conference in Los Angeles. Why it matters: SEC chairman Jay Clayton and Commissioner Mike Piowar have both said publicly they’ve yet to see any initial coin offerings that don’t […]