Genesis Global’s Bitcoin Loans Hit $553M in 6 Months

Bitcoin Lender Genesis Advances $553 Million Loans in Six MonthsGenesis Global Trading has released a financial report for the third quarter that shows the U.S. cryptocurrency lender provided $553 million worth of digital asset loans. These were issued to corporate borrowers such as hedge funds and trading firms in the form of BTC, BCH, ETH and other cryptocurrencies.  Also read: World’s Biggest Banks Helped Clients Steal […]

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Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill

Russian Lawmakers Drop References to ‘Mining’ in Digital Assets BillRussian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency.” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service. Also read: Despite Setbacks Crypto Wages Still […]

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PR: Xsolla Adds MobileGO (MGO) as New Payment Method for Developers and Gamers Globally

Xsolla Adds MobileGO (MGO) as New Payment Method for Developers and Gamers GloballyOCTOBER 22, 2018 — LOS ANGELES — Xsolla, which provides game developers with a comprehensive suite of flexible tools and services to help launch, monetize and scale their games globally, today started accepting made-for-gaming cryptocurrency — MobileGO (MGO) — for its PC and mobile games partners.

For the first time ever, developers are able to receive royalty payouts in a cryptocurrency, MGO, on a sliding scale percentage of their choice. As more and more digital entrepreneurs move their savings and retirement investments to the blockchain, Xsolla is there to help its clients cash out in whatever currency is most convenient for them.

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Report: Cryptocurrency Job Market Continues to Grow

Cryptocurrency Talent Continues to Be in High DemandGlassdoor, a California-based company that runs a recruiting and employer-review website, has published a report by its economic research department that shows growing demand for talent in the cryptocurrency industry, with U.S. job openings soaring by 300 percent year on year. Also Read: The Daily: Global Cryptocurrency M&As Rise, US Town Halts Mining Talent Search […]

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The Daily: Global Cryptocurrency M&As Rise, US Town Halts Mining

The Daily: Small Town Takes a Break From Mining, Industry Consolidation AheadIn today’s edition of The Daily, we look at how the current bear market is facilitating consolidation in the global cryptocurrency industry. We also focus on recent calls by an intergovernmental organization to tighten up rules on virtual assets throughout the world, as well as a story about a small U.S. town that has banned […]

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Yenom Developers Propose a New BCH Payment Protocol

Yenom Developers Propose a New BCH Payment ProtocolThe developers who created the Bitcoin Cash-centric wallet Yenom have revealed the team has been working on an interesting protocol for the BCH ecosystem. On Oct. 21, Yenom developer Shun Usami published a wallet scheme called the Deep Link Payment Protocol, a communication system that allows users the ability to simply click a link on […]

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Online Fiat Wallet Neteller Launches Cryptocurrency Exchange Service

Online Fiat Wallet Neteller Launches Cryptocurrency Exchange ServiceDigital fiat currency wallet provider Neteller has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC. The cryptocurrency service is already live in 10 countries and the company “plans to roll it out to more than 50 additional markets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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Markets Update: A Narrowing Range of Consolidation and Lower Trade Volumes

Markets Update: A Narrowing Range of Consolidation and Digital Asset Trade VolumesNot a lot has changed since our last markets update four days ago as cryptocurrency markets continue moving sideways in a consolidated pattern. The top five digital assets have seen modest northbound gains this week, with increases between 1-5% over the last seven days. This Sunday, Oct. 21, the entire cryptocurrency economy of over 2,000 […]

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Celebrity ICO Endorsers Face Legal Blowback Over Alleged Fraud

Celebrity ICO Endorsers Face Legal Blowback Over Alleged FraudBoxing superstar Floyd Mayweather and rap producer DJ Khaled face a legal battle for serving as celebrity endorsers to an initial coin offering (ICO) accused of fraud. The founders of the allegedly fraudulent ICO were arrested by American criminal authorities back in April. Also Read: The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow […]

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The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow $553M

The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow $553MIn today’s edition of The Daily we cover stories about the latest investment in the cryptocurrency space by Goldman Sachs, the amount institutional traders borrowed in the last six months from just one OTC desk, research on state-sponsored hackers, and a new security tool from Coinbase. Also Read: Security Giant G4S Offers Protected Offline Cryptocurrency […]

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