While Bitcoin (BTC) remains bear biased, Tron (TRX) and Augur (REP) recorded solid 5 percent gains against both BTC and the US dollar.
Fiat deposits have been temporarily halted for certain Bitfinex users, but the exchange is working on a system update to restore operations.
Barclays, a major investment bank in the UK has put a cryptocurrency trading project on hold, according to two unnamed persons as reported by Financial News, London. Earlier this year, Barclays opted a senior team to see if they could integrate the trading of cryptocurrencies into its market business. However, the initiative has been put “on ice”, said one of the two persons. The bank’s ex-head of energy trading, Chris Tyrer, was appointed as the leader of this “digital assets project” earlier this year but he quit the bank in September after the decision to suspend the project was taken. According to the report, there was no comment made by both Barclays and Tyrer regarding this. The team consisted of Marvin Barth, Lee Braine, and Matthieu Jobbe Duval alongside Chris Tyrer. Marvin Brath is the head of FX and emerging markets macro strategy. Lee Braine is a senior technologist. Matthieu Jobbe Duval is a consultant at the venture. According to the unknown sources, the team was exploring if cryptocurrencies would be a feasible long-term project or not. They were also trying to find out if the bank’s clients would opt for investing or trading in cryptocurrencies During the bank’s annual general meeting in May, Jes Staley, CEO, Barclays said that Barclays is aware and cautious of the regulations behind crypto assets. “There is the possibility of cryptocurrencies being used for activities that the bank wants to have no part of,” said Staley. According to the news report, many Barclays’ rivals will be rejoicing after the decision to shelve the project was taken by the company as all these rivals are looking into ways to gain from the explosion of interest in cryptocurrencies. Goldman Sachs and JP Morgan have also shown interest in cryptocurrencies.
CoinCola, a Hong Kong-based crypto exchange offering clients peer-to-peer OTC bitcoin trading, has opened shop in Venezuela.
One of the biggest names in financial services wants to help institutional investors add bitcoin and other cryptocurrency assets to their portfolios.
Barclays has reportedly put plans for a cryptocurrency trading desk on pause, according to sources familiar with the matter.
Die großen Zahlungsdienstleister MasterCard und VISA wollen Krypto und ICO-Broker laut Quellen in eine neue Kategorie einordnen – ‘hochriskant’.
Last updated Oct 15, 2018 S. D. Nelson (“Nelson”) joins IOTA as a technical writer. From quick start to deep dive, he can explain IOTA technology so everyone understands. He shares IOTA’s passion for zero-cost transactions in the Internet of Things so that society can benefit from these emerging technologies. His Bachelors of Business and …
Bitfinex Decided to Place a Hold on Fiat Deposits, But Only for Some Customer Accounts In a new post on Medium, Bitfinex has decided to put a temporary hold on “certain customer accounts,” as of Oc…
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Having been in the works since its blockchain incubator was formed in 2014, Fidelity Investments, one of the biggest providers of 401(k) services and
Era Swap distributed ledger technology startup is launching its massive peer-to-peer marketplace in its bid to transform the freelancer
A protestant church in Russia has been docked $15,000 for illegal Bitcoin mining and ordered to pay premium electricity tariffs by local authorities.
Der vor kurzem getestete Ethereum Hard-Fork Constantinople hat mutmaßlich ein ‘Konsensproblem’ auf einem Testnet verursacht – Start verschoben.