One of the leading investment bank and finance organization in the US, JP Morgan Chase has recently launched its own cryptocurrency – JPM Coin. Reportedly, this digital token will be used to handle transactions between wholesale payments business. Unlike the famous cryptocurrency bitcoin, JPM Coin is crypto which is meant only...
Jack Dorsey CEO of Twitter and Square says he only owns Bitcoin out of hundreds of cryptocurrencies out there. According to a tweet he replied when asked by a twitter user “which all coins/tokens are you holding?” Dorsey replied to it saying “I only have bitcoin”. But he didn’...
The famed racing car constructors company, Red Bull recently announced its deal with cryptocurrency firm – FuturoCoin. This partnership is first of its kind for Formula 1 racing company to get sponsorship from cryptocurrency tech firm Notably, there are other players in the racing arena who have embraced blockchain tech. If...
Social media giant Facebook has reportedly acquired a London based crypto startup called Chainspace. Thus expanding its blockchain division and research on cryptocurrency. With the recent surge in blockchain startups, multimillionaire companies have also shown their interest in exploring blockchain tech. The acquisition of this crypto startup its clear indication...
Wrapped Bitcoin (WBTC) has been launched today it is based on Ethereum (ETH) and backed by Bitcoin. WBTC is a joint initiative by BitGo, Kyber Network, Ren. According to Press Release, Wrapped Bitcoin (WBTC) will bring Bitcoins liquidity on the Ethereum’s decentralized ecosystem. WBTC has several use cases on...
A Chinese Crypto Investor has recently lost 5.4 BTC as his Huobi Wallet was hacked and Bitcoins were stolen. According to the thread on 8btc forum, the investor named Ding claimed to have lost 5.4 BTC worth $ 20,000 USD(140,000 Yuan) from his Huobi account on...
