• Mitsubishi UFJ Financial Group (MUFG) is launching an initiative to open a new exchange and issue its own virtual currency: the “MUFG coin.” By controlling the exchanges themselves, MUFG plan to suppress fluctuations in the price of MUFG coins in order that they can be used stably for settlement and remittance. The MUFG coin, due to their distribution being made available on a centralized exchange, can be directly overseen by the bank. In addition, the

    Japan’s Largest Financial Group To Launch Own Virtual Currency

    | 2018/01/16 2:30 pm
  • One of the problems facing those new to the cryptocurrency markets is the level of complexity in using exchanges and making trades. Some degree of technical knowledge is required to open, navigate and trade on a crypto exchange account, get one thing wrong and your virtual currency disappears into the ether. Symmetry Fund aims to alleviate the digital distress by offering a balanced cryptocurrency and ICO investment fund. Crypto investment funds are the best way

    Cryptocurrency Trading Without the Complexities with Symmetry Fund

    | 2018/01/15 11:00 pm
  • Even though many countries are interested in, and indeed are pursuing, the creation of national state-run virtual currencies, Singapore isn’t one of them. The digital currency revolution is here, and it’s not just reserved for Bitcoin and other decentralized cryptocurrencies. More and more countries are exploring the benefits of having a cashless society. Sweden has previously voiced their desire to investigate the development of an e-krona, Israel is looking into creating a digital shekel, while

    Singapore Won’t Be Part of the State-controlled Crypto Movement

    | 2018/01/12 9:00 pm
  • Paycent is mobile payment platform that functions as a dual e-wallet that can be funded by both digital currencies and fiat currency. It also allows conversion from digital to fiat and vice-versa, in real time and from within the wallet. Digital Currency to Fiat with Paycent One of the major problems that many digital currency users face is the challenge of converting digital currencies to fiat money. Currently, only a few retailers are accepting digital currencies

    Easily Convert Digital Currencies to Fiat with Paycent

    | 2018/01/12 11:00 am
  • Etherbanking launched in August 2017 as the world’s first automated banking application with E-Smartcontract technology with an aim to “change your mind on banking.” Etherbanking has already emerged as a successful cryptocurrency lender, with the team garnering over 100,000 members in their first 3 months of operation. Their ICO launches on the 10th of January 2018, where they shall be issuing 5 million EBC tokens, each with a starting price of $10. Etherbanking’s Vision Etherbanking

    Etherbanking – Changing Your Mind on Banking

    | 2018/01/11 9:30 pm
  • The advent of cryptocurrencies is triggering the creation of innovative business concepts and new Bitcoin-based financial instruments. Now, Michael Novogratz is starting a merchant bank, to be named Galaxy Digital, which will exclusively serve the cryptocurrency and blockchain space. Merchant Bank Dedicated to Cryptocurrencies to Reshape the Finance World Michael Novogratz, Chairman and Chief Executive Officer of Galaxy Investment Partners, is planning to establish and make public the first merchant bank that will focus on

    Novogratz Will Launch the First Cryptocurrency Merchant Bank

    | 2018/01/10 2:30 pm
  • It’s been just over one month since we first introduced Essentia at Devcon3, that seems like an eternity between new forks, market growth, and media coverage. But what is the most exciting is for us to finally introduce Essentia to the public today! Here we go! After extensive researches and starting as an underground project in Amsterdam a long time ago, Essentia.one is now the framework to create, store, access and operate your decentralized digital life.

    Introducing Essentia.one: The Framework For Your Decentralized Digital Life

    | 2018/01/09 5:00 pm
  • The UK’s central bank, the Bank of England (BoE), has confirmed it is “not planning” to adopt a state-sponsored cryptocurrency. Understanding ‘Implications’ In new updates to its official position on the cryptocurrency phenomenon last week, the BoE instead announced it was favoring research into the concept in order to understand its “implications.” An increasingly active presence in Blockchain, the BoE has already produced a fintech accelerator scheme which will additionally inform its ongoing research in the

    Bank Of England: We’re ‘Not Planning’ To Issue A UK State Cryptocurrency

    | 2018/01/08 1:00 pm
  • 3Commas is a suite of “smart tools” to help cryptocurrency investors minimize risks, limit losses, grow profits, and manage their portfolios across multiple exchanges. Saint Petersburg, Russia-based 3Commas offers experienced and beginning traders alike a suite of “smart tools” designed to help them manage their portfolios across multiple cryptocurrency exchanges while maximizing profits and limiting losses. Before test-driving the platform, Bitcoinist sat down with 3Commas CMO Mike Goryunov to talk about what prompted the team

    3Commas – Smart Tools for Intelligent Cryptocurrency Traders

    | 2017/12/31 3:00 pm
  • It looks like Crypterium will be the most popular ICO to have started in the last quarter of 2017. The tokens of the nascent cryptobank, which went on sale on October 31, were an immediate smash hit with buyers, hitting the company’s soft cap in a mere five hours. Even more interesting was the widespread distribution of the sales – buyers flocked in from 143 countries all over the world. The largest purchases came from the

    Crypterium Tops the ICO Hit Parade in Fourth Quarter

    | 2017/12/30 8:00 pm
  • trade.io has a vision to revolutionize the financial industry, recognizing that in 2008 the world economy nearly collapsed, arguing that it was not due entirely to recklessness and a lack of transparency, but also because the financial sector had failed to keep up with innovation. The team behind trade.io sees that little has changed since 2008, nor have lessons been learned. Investors are at the mercy of high fees and low liquidity and, with transparency

    trade.io – Bringing Innovation to the Financial Sector

    | 2017/12/29 4:00 am
  • It has been a busy week for popular peer-to-peer lending platform RCN. From announcing new strategic partnerships to upgrading key systems on its platform, RCN is working hard to deliver the best possible services and features to its users. RCN Announces Decentraland Partnership Earlier this week, RCN announced their new partnership with Decentraland, the blockchain-based virtual reality platform where users can acquire virtual land to create and monetize their content. In addition to exploring and

    RCN Partners with Decentraland to Offer Credit Loans on Virtual Real Estate

    | 2017/12/21 12:30 pm
  • IOTA is a cryptocurrency that focuses on providing secure payments and data transactions among machines, particularly, in the realm of the Internet of Things. In the past few weeks, IOTA’s value has skyrocketed by 400 percent. Now, IOTA’s prospects look even brighter, as Robert Bosch Venture Capital announced that it is investing in IOTA. Robert Bosch Ventura Capital to Industrialize IOTA Technology The Stuttgart-based Robert Bosch Venture Capital (RBVC), the corporate venture capital company of

    The Bosch Group Is Investing in IOTA

    | 2017/12/21 7:30 am
  • They may be a girl’s best friend, but diamond dealers and investors are going to love CEDEX, the first certified diamond exchange to be built using blockchain technology. The diamond market has an estimated turnover of $80 billion per year, yet investor demand accounts for only 5% of that – the rest is consumer demand from the jewelry industry. Historically, diamonds have been a consistent store of value, just like gold and other precious metals,

    CEDEX: The First Certified Blockchain-based Diamond Exchange

    | 2017/12/20 3:00 pm
  • Since last week Bitcoin futures have officially started trading on CBOE Global Markets. Many Bitcoin investors are anticipating a rapid price movement once CME group launches its own Bitcoin futures contract this week. The Effects of Bitcoin Futures Bitcoin futures are currently one of the most popular topics in the Bitcoin and finance communities.  In the last couple of weeks, many investors and traders were eagerly waiting for Bitcoin futures to officially start trading. Last week,

    Upcoming CME Bitcoin Futures May Draw More Trading Volume

    | 2017/12/17 10:30 pm
  • The world’s first decentralized cryptocurrency bank, AriseBank, announced that they have reached an agreement with a Federal Deposit Insurance Corporation (FDIC) insured bank that has been in operation in the US for over a century. The acquisition, in addition to a partnership with Bitshares, will occur before the end of the year. The FDIC is an independent agency created by the US Congress to maintain stability and public confidence in the nation’s financial system. By

    World’s First Crypto Bank AriseBank Announces BitShares Partnership, Acquisition of FDIC-Insured Bank

    | 2017/12/16 1:30 am
  • Zen Protocol is a platform built for finance. We designed Zen to solve a real problem: trading assets without relying on third parties. Our team is based in Tel Aviv, with backgrounds in maths, finance, design, and marketing. Some of us have been involved in the Bitcoin space since 2011, and we’ve been creating tools to make Bitcoin better since 2013. In 2016, we began work on Zen Protocol. When Ethereum’s “theDAO” contract was hacked,

    Zen Protocol – Redefining Asset Trading and Crypto Finance

    | 2017/12/15 10:00 am
  • As Estonia rolls out the public-private program to launch its cryptocurrency and fund its ambitious blockchain program via a TGE, Chronobank joins as a partner and an advisor, helping the Baltic state to tokenize its labor relations. Helmed by Sergey Sergienko, Chronobank has two key roles in Estonia’s new crypto-economy. First, Sergienko, Chronobank’s CEO, is now a part of the board of directors of TokenEST OU’s, the commercial and operations arm of the newly created

    Chronobank Makes Time For Estonia’s Crypto Effort

    | 2017/12/15 8:30 am
  • Entrepreneur and venture capitalist Steven Nerayoff has joined the RCN global lending project as a lead advisor. Through his venture capital firms Maple Ventures and Alchemist Ventures, Nerayoff founded several blockchain-based companies. However, he is perhaps best known as the co-creator and token sale architect of the Ethereum project from its infancy. Nerayoff is now part of the RCN team, whose core members are the same talent behind Ripio, the crypto company that was founded

    Ethereum Co-Creator Steven Nerayoff Joins RCN Advisory Board as Their Global Lending Ecosystem Expands Towards Asia

    | 2017/12/15 6:30 am
  • The UAE and Saudi Arabia are teaming up to create a cryptocurrency for cross-border transactions. The adoption of cryptocurrency in the Muslim world and – in particular – the Middle East, has been the subject of heated debate over the last few months. This week, however, it seems as though two of the most influential and powerful entities in the region have taken steps towards validating the technology and its place in regional and international

    UAE and Saudi Arabia Just Announced Joint Cryptocurrency Effort

    | 2017/12/14 5:30 pm
  • The fight for a Bitcoin ETF might just have been reignited by the introduction of Bitcoin futures to the market. The battle to get a bitcoin-based exchange traded fund (ETF) listed in the US has been a long and hard-fought one, with a number of different individuals and entities having mounted their own attempts over the past couple of years. Perhaps most notably, the Winklevoss twins tried to get their Winklevoss Bitcoin Trust ETF past

    Bitcoin Futures Might Have Paved The Way For A Bitcoin ETF To Finally Hit Markets

    | 2017/12/13 2:00 pm
  • For some time, France has been determined to overtake London as the leading center of European finance. This latest move could end up helping them do just that. France has traditionally taken a very hard stance when it comes to the trade and advertisement of leveraged financial instruments such as CFDs and Forex pairs. It still wants to be a leading blockchain financial center, however, a decidedly untraditional move.  In a statement to the press,

    France to Allow Blockchain-Based Trading of Unlisted Securities in Bid to Become Leading Finance Center

    | 2017/12/11 3:00 pm
  • The Crypterium ICO can cross one more item off its “to do” list. The ICO has reached and surpassed its third milestone of $15.5 million in funds collected. To date, the project has gathered $21 million through the token sale. This continues a string of impressive results achieved by the ICO since its launch on October 31, 2017, including the project collecting its soft cap within the first five hours and token sales reaching $7.5

    Crypterium Roars Past 3rd Milestone

    | 2017/12/04 5:45 pm