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First Korean Won-backed Stablecoin Launched by Local Fintech Firm

On 29 January 2019, BxB Inc., a South Korea-based fintech firm, launched a Korean won-backed stablecoin, according to the company’s press release. KRWb, which...

Bitcoin Sets New 2018 Low, Trading Below $3500

Bitcoin, the world’s largest cryptocurrency by market capitalization, has once again hit a fresh 2018 low amid a greater crypto market sell-off. The slow selloff...

Pangea Blockchain Fund closes $22 million round

Pangea Blockchain Fund announced the close of its seed round and debuted its inaugural International fund focused on transformative blockchain solutions. The firm recently...

Elliptic, A Crypto Forensic Startup, Raises $23 Million USD

Elliptic, a British startup firm aimed at tracing suspicious crypto activity, has raised $23 million USD in a funding round led by SBI Holdings. Elliptic...

Digital Currency Will Help The Poor Says Bill Gates

Bill Gates, the co-founder of the Microsoft Corporation and one of the richest people in the world, has shared his thoughts regarding financial system,...

Legal & General Partners with Amazon to Develop Blockchain System

It was always going to happen. As the blockchain sector evolves, more companies will start merging into it. And this week, that’s precisely what...

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Bitfinex Tether Issue Continues: CoinFlip and Tron Postpone Plans

Last week, news about the Bitfinex and Tether issue surfaced when The New York Attorney General’s office said it received a court order against...