Crowdfunding Giant Indiegogo Looks to Make ICOs Mainstream

Crowdfunding platform Indiegogo has a plan to help initial coin offerings (ICOs) break into the mainstream, even as the U.

Multi-Billion Dollar Japanese Tech Conglomerate to Pay Employees in Bitcoin

GMO Internet Inc.

EBay ‘Seriously Considering’ Adding Bitcoin Payments

EBay, one of the world’s largest e-commerce platforms, is considering making the leap into cryptocurrency payments, according to a high-ranking company executive.
Bitcoin Brokerage Coinbase Becomes Apple Store’s Top App, Surpassing YouTube

Bitcoin Brokerage Coinbase Becomes Apple Store’s Top App, Surpassing YouTube

Coinbase, the global cryptocurrency industry’s largest brokerage and wallet platform valued at over $1.

Goldman Sachs Will Trade Bitcoin Futures For Clients

Goldman Sachs, the global finance market’s second largest investment bank behind JPMorgan, will begin trading bitcoin futures for its clients, once major exchanges list bitcoin futures in the upcoming weeks.

$30 Million: Credit Suisse Predicts Square App Revenue Gains Due to Bitcoin

Square’s Cash app, which facilitates payments among friends, recently gave some of its users the ability to buy and sell bitcoin, in a move that according to Sarah Friar, the company’s CFO and operations lead, was about Square’s innovation, not bitcoin’s validation, as the company listens carefully to its customers when new products are launched.

Sweden is Evolving into the Next Major Bitcoin Industry and Mining Market

Claire Ingram Bogusz, a researcher at Stockholm School of Economics, noted that Sweden’s bitcoin market is growing at a rapid rate, due to friendly regulatory frameworks for fintech startups and cryptocurrency mining. “Sweden is among the leaders in the global bitcoin market. There’s a very high-level of knowledge about it here, and a high-level of digital competence in the Fintech space.

Overstock CEO: It’s Time We Switch to Real Money, Either Bitcoin or Gold

Overstock founder and CEO Patrick Byrne, a longstanding bitcoin supporter, recently appeared on FOX Business’ “Mornings with Maria” to explain why he’s bullish on bitcoin. During the interview, Patrick Byrne notably pointed out that it isn’t about how high bitcoin will go, but about how low fiat currency can go, and that “it’s about time the world switches to real money.

Bermuda Courts ICOs, Cryptocurrencies in Push for Economic Diversification

Initial coin offerings (ICOs)  have raised an estimated $3.6 billion this year, and regulators across the world have begun to eye them with increasing concern. In Bermuda, however, the government views them as an economic opportunity. Announced on Thursday, the island territory’s government has established the Blockchain Legal and Regulatory Working Group, an initiative created to make Bermuda a “destination for utility tokens, tokenised securities, cryptocurrencies, and coin offerings”.

South Korea’s Second Largest Commercial Bank is Testing a Bitcoin Vault and Wallet

Shinhan, the second largest commercial bank in South Korea by market valuation and consumer base, has initiated the testing phase of its bitcoin vault and wallet services. Why a Major South Korean Bank Decided to Launch a Bitcoin Vault and Wallet Platform A representative of Shinhan Bank told Naver News, a media outlet operated by South Korea’s most widely used search engine, that the bank has come to a corporate decision to launch a bitcoin vault and wallet platform as a response to the recent hacking attacks of leading South Korean cryptocurrency exchanges including Bithumb.

French Asset Management Firm Launches Europe’s First Bitcoin Mutual Fund

TOBAM, a France-based asset management company, has introduced a bitcoin mutual fund to offer an alternative investment for institutional investors seeking exposure to bitcoin. The fund, according to the company, is unregulated. TOBAM’s bitcoin fund precedes the Chicago Mercantile Exchange’s plans to list bitcoin futures. In seeking to address challenges investors have faced in gaining exposure to bitcoin, the fund integrates the management of blockchain forks and takes measures to mitigate the risk of loss and theft, according to the TOBAM website.

Interview: Bitcoin Exchange Binance on China’s ICO Ban, Burning $1.5 Million in Tokens & More

Cryptocurrency exchange Binance, which launched with 0% trading fees in an attempt to heat up competition among exchanges, recently announces its Q1 results and revealed that, as planned in its whitepaper, it burned 986,000 Binance Coins (BNB), worth about $1.

Hong Kong Bitcoin Community Strongly Rejects SegWit2x

The Hong Kong bitcoin community, which includes individuals, meetups, events, and organizations, has strongly rejected the SegWit2x hard fork expected to occur on November 16 later this year. Already, apart from four companies, most of the major bitcoin service providers in Hong Kong such as Bitfinex, BitMEX, Bitspark, Gatecoin, OKCoin, and Tidebit have clarified bitcoin will remains as “BTC” after the fork, and SegWit2x will be considered as “B2X.

Xapo Receives Criticism Over its Plan to List Bitcoin as BC1 if it Becomes Minority Chain

The probability of the original Bitcoin blockchain or legacy chain becoming the minority chain after the November SegWit2x hard fork is slim, but Xapo has received criticism from experts in the cryptocurrency sector over its intention to list the original Bitcoin blockchain as “BC1” if the SegWit2x chain turns out to be the majority chain.

Why a $2.3 Trillion Investment Firm is Studying the Structure of BItcoin

Earlier this year, Abigail Johnson, the CEO of Fidelity, a major financial services company and investment firm with over $2.3 trillion worth of assets under management, revealed that Fidelity has been studying the structure and the use cases of bitcoin as a store of value, a digital currency, and a safe haven asset. Fidelity’s Bitcoin Mining Operation is Profitable As a part of its larger initiative, Fidelity has been mining Bitcoin and Ethereum to grasp a better understanding of the decentralized structure of bitcoin, and testing bitcoin payments and two-layer solutions.

U.S. May Follow Japan to License Bitcoin and Cryptocurrency Exchanges

The US government may follow the roadmap of Japan in regulating trading activities around cryptocurrencies such as bitcoin and Ethereum. Last week, the Japanese government and its financial regulator the Financial Services Agency (FSA) officially authorized and licensed 11 cryptocurrency exchanges including BitFlyer, the country’s largest trading platform with over 800,000 users.

Coinsource Adds (Another) Bitcoin ATM to New York City’s Growing Roster

Coinsource added another bitcoin ATM to its New York City roster, bringing its industry-leading national network total to 127. The new bitcoin ATM resides in Mario’s Gourmet Deli at 934 Amsterdam Ave. and is accessible from 7:00 am to 1:00 am. Like the majority of Coinsource’s New York City systems, it is a one-way ATM, meaning that customers can purchase bitcoin there but not sell it. Directly beside the new system sits a conventional ATM, placed there and paid for by the very legacy financial system bitcoin was created to upend.

South Korea’s Second Largest Exchange Korbit Acquired at $150 Million Valuation

NXC, the holding company of Nexon, the $10 billion Japanese gaming company founded by South Korean entrepreneur Kim Jung Ju in 1994, has acquired Korbit, the second largest cryptocurrency exchange in South Korea and the first bitcoin exchange in the country, at a $150 million valuation. According to sources close to the deal including Hankyung, South Korea’s largest finance and business news publication, Nexon purchased 65.