EXCHANGES

Grayscale Commences Diversified Large Cap Fund Trading

[ad_1] In February 2018, Grayscale Investments, the sponsor of the Bitcoin Trust (OTCQX: GBTC) announced the Grayscale Digital Large Cap Fund, an investment vehicle that captures a basket of the top digital assets within the cryptoconomy. A year later on November 22, the firm revealed the diversified crypto investment product is now available to the public as trading commences with publicly-quoted shares under the symbol: GDLCF. Also Read: Bakkt’s Bitcoin
EXCHANGES

A Few Benefits for Bitcoin Beginners to Appreciate

[ad_1] If you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your credit card, online bank account or digital wallet you are used to. In an abstract sense, cryptocurrencies represent financial evolution which manifests itself in unique and tangible ways compared to fiat money. Also read: Here Are Some Fun Things
BLOCKCHAIN

Crypto News From the German-Speaking World: Nov. 17-23

[ad_1] The past week has seen a range of crypto- and blockchain-related developments in the German-speaking world. The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on legal issues surrounding blockchain technology, the Swiss online bank Swissquote began offering its customers the trading of a real estate portfolio-covering security token, and an Austrian research project provided proof of
EXCHANGES

Localethereum Becomes Localcryptos and Adds BTC Trading

[ad_1] P2P trading site Localethereum has rebranded to Localcryptos, allowing users to buy and sell both ETH and BTC without KYC. The platform has been providing peer to peer trading services for ethereum since 2017, but in a surprise announcement this week, the website revealed its new home, localcryptos.com and rolled out its P2P trading service and fiat onramp to bitcoin users. Visitors to Localethereum will now find themselves redirected
BLOCKCHAIN

Grayscale Puts Trust to the Test by Pursuing SEC Registration

[ad_1] On Nov. 19, Grayscale Investments, a subsidiary of Digital Currency Group and the world's largest digital asset manager, filed a voluntary registration statement on Form 10 with the United States Securities and Exchange Commission on behalf of its Grayscale Bitcoin Trust.If successful, the move would result in the trust acquiring the status of an SEC reporting company, the first cryptocurrency investment instrument to do so. The trust’s shares would
BLOCKCHAIN

Philippines and BCB Blockchain to Work Together on Smart Cities

[ad_1] Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement (MoA) with a branch of the Philippines’ Department of Science and Technology (DOST) to support the development of local smart cities.Per a Nov. 23 press release, BCB Blockchain contributed $300,000 to support incubators and startup accelerators in the Philippines by signing an MoA with the Philippine Council for Industry, Energy, and Emerging Technology Research and Development (PCIEETRD).Building smart
EXCHANGES

What is Blockchain Technology? How Secure is it?

[ad_1] Bitcoin’s inception in 2009 introduced the concept of hard money to the world. A peer-to-peer financial settlement system which is free from centralized control. It also gave an insight into a system that democratizes data storage – blockchain. It is called today is the bedrock on which Bitcoin functions.  Made up of two words, ‘block’ and ‘chain’, blockchain is literally a chain or a series of ‘blocks’. These blocks
EXCHANGES

How to Create Your Own Cryptocurrency | Step-by-Step Guide

[ad_1] Cryptocurrency represents a digital asset that relies on encryption techniques to manage the generation of new currency units and transaction verification. In today’s guide will be showing you how to create your own cryptocurrency. Choosing Your Type of Crypto: Coin or Token? Create Your Coin by Making Your Own Blockchain A coin runs on its own proprietary and independent blockchain. So, to make a coin, you will have to
Business

Oman Sees First Trade Finance Transaction on Blockchain

[ad_1] Oman Oil and Orpic Group and HSBC Bank Oman SAOG have conducted the first trade finance transaction on the blockchain in the country using R3’s Corda platform.As news publication the Oman Observer reported on Nov. 23, Oman Oil and Orpic Group — one of the largest oil and gas businesses in Oman — and HSBC Bank executed the country’s first blockchain-based trade finance transaction: a sale of polypropylene to Abu
Business

Office of Chinese Crypto Exchange BISS Closed, Staff Members Arrested

[ad_1] Chinese authorities shut down local cryptocurrency exchange BISS and arrested 10 people suspected of being involved in its operations.Local media Sohu reported on the actions undertaken by Chinese authorities on Nov. 22. However, the date at which the event itself took place is unclear.The same day, founding partner of blockchain-based investment company Primitive Ventures Dovey Wan said on Twitter that the local cryptocurrency community had known of the development