Business

The Russian representative of Huobi, one of the largest Bitcoin exchanges, Andrei Grachev, in an exclusive comment for ForkLog, denied any connection with the OneLife project and the infamous OneCoin cryptocurrency, which is considered a pyramid in a number of countries. According to him, a couple of times he acted as a speaker at DealShaker platform events, but did not know about their connection with the OneCoin scam project. "AT […]

Liechtensteinische Post AG, the postal service of the Principality of Liechtenstein, began selling bitcoin in its branches. It is reported by the Cointelegraph, citing the official press release. Since February 15, the service is available to residents of Vaduz, the capital of Liechtenstein. In the future, the postal service plans to add support for other popular coins, including Ethereum, Litecoin, Bitcoin Cash and XRP. The new service has become possible thanks to the partnership Liechtensteinische […]

The largest in terms of trading volumes, the Bitcoin exchange Binance is still profitable, despite the long bear market, CNBC reports. “Today, even despite the bear market, we are still a profitable business,” said Wei Zhou, financial director of the exchange. According to him, Binance does not disclose financial information to the public. Thus, media publications are based on the analysis of indirect data from […]

Apple Inc. based in Cupertino reported to the US Securities and Exchange Commission (SEC) on the observance of human rights in a global network of suppliers of raw materials for production. At the same time, the document states that Apple was involved in the development of the Blockchain Handbook for the Responsible Business Alliance (RBA) initiative in mineral supply chains. […]

Chinese search giant Baidu has announced the launch of the Baidu Blockchain Engine (BBE) operating system, created specifically for developing decentralized applications. The basis of the new technology platform is Baidu's ABC technology strategy, which involves the use of artificial intelligence, big data and cloud computing. The cloud platform is also designed to eliminate the high cost of data storage and lack of computing power. "It makes the development of […]

The founder of Galaxy Digital, Mike Novograz, in a conversation with Bloomberg, expressed the opinion that in March of this year, custodial solutions for cryptocurrency will start to run, which will pave the way for institutional money. “All the necessary architecture is being created so that the institutions feel comfortable,” Novograz noted. He stressed that at the beginning of spring, signs of the emergence of “smart money” will be visible on the market. According to him […]

New York-based payment startup SendFriend, focused on the use of XRP tokens for international money transfers, closed a $ 1.7 million round of financing from Barclays Bank and fintech company Ripple, CoinDesk reports. Mastercard Foundation, MIT Media Lab, Techstars Incubator, Mahindra Finance, 2020 Ventures and 8 Decimal Capital also participated in the round. Note that SendFriend got into the business accelerator […]

The South Korean cryptocurrency exchange Bithumb signed a memorandum of understanding with the company Nvelop from the United Arab Emirates (UAE) to launch a licensed trading platform for digital assets supporting Fiat, CoinDesk reports. As the newspaper notes, the new partnership should help Bithumb in the future to reach the markets of Saudi Arabia and Bahrain. Note that Nvelop was founded by the investment fund E11 and […]