A consortium of global insurers led by Aon decided to provide the cover after properly assessing all the safety measures ensured by Gemini.
Brazil is the latest country to echo support for cryptocurrency focused investments. The country’s securities regulator says it won’t stand in the way of investment funds, looking to invest in the ecosystem.
BoA believes that tech giants will merge their cloud services with the blockchain technology to develop “Blockchain as a service” (BaaS) solutions.
The bots are tuned to create virtual supply and demand for the cryptocurrencies thereby manipulating their prices.
Coinbase capital base is on the verge of receiving a significant boost. Immediate reports indicate that U.K Hedge Fund, Tiger Global, is considering a $500 million investment in the U.S-based Cryptocurrency Exchange.
Bill Clinton talked on a range of issues like the innovation in the blockchain space, the regulatory concerns, and the future growth of crypto.
The U.S. regulatory bodies have been criticized for their over-involvement and scrutiny creating roadblocks into further innovation and development in the crypto space.
Hyperledger and The Enterprise Ethereum Alliance EEA have teamed up to enhance mass adoption of blockchain technologies.
Three financial giants have already pledged support to xRapid and will be using this product to provide remittance services to its customers across Europe, Mexico, and the United States.
The Austrian government has moved to leverage the power and capabilities of the Ethereum blockchain. The Austrian Federal Financing Agency since has announced plans to auction $1.34 billion in federal bonds, notarized in a public ledger.