Ethereum (ETH) and EOS Cross Chain Token Trading Success by Bancor

Bancor, a decentralized liquidity network, has just announced it has completed its partnership with Block.one to provide cross-blockchain token swaps with EOS and Ethereum (ETH). We are thrilled to announce that our Cross-Blockchain Decentralized Liquidity Network, #BancorX, has officially been pushed live — enabling automated token conversions between 110+ ERC20 and EOS-based tokens. https://t.co/E54nlUElmG pic.twitter.com/NSocQZr11A — Bancor (@Bancor) November 5, 2018 EOS and Ethereum (ETH) Automated Token Conversion The company originally announced its partnership and venture in September. The announcement just published a few hours ago reads: “BancorX enables automated conversions…

Winklevoss Twins Sue Bitcoin Investor Charlie Shrem

The Winklevoss twins have filed a lawsuit against infamous BitInstant founder Charlie Shrem. They claim the Bitcoin investor stole 5,000 Bitcoins from them in 2012. Winklevoss Twins Lawsuit According to the New York Times, Shrem made several lavish purchases in 2018 that caught the attention of the Winklevoss twins. They filed a civil suit against him, convinced that Shrem made these purchases—which include a $2 million house and luxury cars—using the Bitcoins he had stolen from them in 2012. Shrem Worked for the Winklevoss Twins Before Lawsuit The twins hired…

BNP Paribas, HSBC, and 10 Other Banks Launch Hong Kong Blockchain Trade Finance Platform

A new Hong Kong-based blockchain trade finance platform has just launched this week that was developed by twelve major global banks, Reuters reported this Wednesday. The platform was developed by Canadian-based HSBC, France-based BNP Paribas, Great Britain-based Standard Chartered, and nine other major banks. Blockchain Trade Finance Platform The new platform is called eTrade Connect, and on Wednesday, HSBC said it reduced the time it takes to approve trade loan applications. Usually, these loans would take a day and a half to process, but thanks to eTrade, it has been reduced…

Morgan Stanley Classes Bitcoin as an Asset

Global investment bank Morgan Stanley has given Bitcoin bulls something to cheers about. The institution has stated that it classes Bitcoin as an institutional investment class. (And the day after Bitcoin’s birthday… how thoughtful) What this means is that it recognizes Bitcoin as a type of asset similar to shares, property, bonds, cash, or commodities. It also means good news for those hoping for a Bitcoin ETF. Research Concludes Bitcoin an Asset The bank’s research division reviewed the last six months of Bitcoin usage. What the researchers discovered was that…

Jamie Dimon Knocks Down Bitcoin (BTC), Again

JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon has always been tough when it comes to his stance on Bitcoin (BTC). Back in September of 2017, Dimon even went as far as calling it a “fraud.” He later retracted his statement and said that he was wrong for calling it a fraud but was still wary of the digital currency. Well, it seems Dimon has something different to say about Bitcoin now. Again. Jamie Dimon vs. Bitcoin (BTC): October 2018 Two days ago at an AXIOS conference, the CEO was asked…

World Crypto Con: Journalist Jordan French Wants You to Pitch Him

Welcome to the World Crypto Con Spotlight series. Today’s guest: Jordan French. World Crypto Con World Crypto Con (WCC) is a platform for industry leaders to share their knowledge of the cryptocurrency and blockchain space, as well as introduce their projects to the world. WCC welcomes both experts and novices to attend; there’s something for everyone. Our World Crypto Con Spotlight series will be focusing on moments from the conference, speaking to headliners about their experience with WCC. Thanks to World Crypto Con, we at CryptoCurrencyNews.com had the pleasure of…

Coinbase will Add Nearly 300 Coins in the Next Year but Won’t IPO

The major US cryptocurrency exchange Coinbase has just announced that it won’t IPO any time soon but will be adding hundreds of more coins in the next year. Coinbase’s President and COO Asiff Hiriji told Bloomberg his company’s plans this morning via Bloomberg TV. Coinbase Denies IPO Yesterday, it was announced that Coinbase is now valued at over $8 billion USD after it closed its series E investment last week. This funding round was worth $300 million USD. With its value rising, some began to speculate whether the major cryptocurrency…

Bitcoin Turns 10! We’ve Had 10 Years of the Digital Currency

Today marks 10 years of Bitcoin; its original white paper was released onto the internet on Halloween day, 2008. What began as an idea to challenge the financial establishment, has since grown to become a $110 billion market. 10 Years of Bitcoin: The Whitepaper The purpose of Bitcoin was straightforward; the digital asset, as a “purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.” By logging every transaction on a distributed ledger called the…

World Crypto Con: Lyn Ulbricht on Freeing Her Son, Ross

Welcome to the World Crypto Con Spotlight series. Today’s guest: Lyn Ulbricht. World Crypto Con World Crypto Con (WCC) is a platform for industry leaders to share their knowledge of the cryptocurrency and blockchain space, as well as introduce their projects to the world. WCC welcomes both experts and novices to attend; there’s something for everyone. Our World Crypto Con Spotlight series will be focusing on moments from the conference, speaking to headliners about their experience with WCC. Thanks to World Crypto Con, we at CryptoCurrencyNews.com had the pleasure of…

World Crypto Con: Joël Valenzuela Talks Dash Adoption at WCC

Welcome to the World Crypto Con Spotlight series. Today’s guest: Joël Valenzuela. World Crypto Con World Crypto Con (WCC) is a platform for industry leaders to share their knowledge of the cryptocurrency and blockchain space, as well as introduce their projects to the world. WCC welcomes both experts and novices to attend; there’s something for everyone. Our World Crypto Con Spotlight series will be focusing on moments from the conference, speaking to headliners about their experience with WCC. Thanks to World Crypto Con, we at CryptoCurrencyNews.com had the pleasure of interviewing Joël…