SBI Crypto, the mining subsidiary of Japanese financial conglomerate SBI Holdings, has opened its mining pool to the general public.  As one of the fruits of a strategic partnership between SBI and the German tech firm Northern Data AG, the pool reportedly now ranks 11th globally, according to SBI’s announcement on March 19. It mines three assets, Bitcoin (BTC), Bitcoin […]

Bitcoin’s (BTC) market capitalization of $1 trillion and potential for continued growth have made the cryptocurrency “too important to ignore,” according to Deutsche Bank analysts. Deutsche Bank Research, the financial research subsidiary of global banking giant Deutsche Bank, issued a report devoted exclusively to Bitcoin, titled “The Future of Payments: Series 2 Part III. Bitcoins: Can the Tinkerbell Effect Become […]

Ripple announced on Friday the appointment of Brooks Entwistle as the blockchain company’s Southeast Asian managing director. He will oversee the growth of the firm’s operations in the region. Brooks was previously at Uber as its international chief business officer and helped the company in launching services into new markets. Before that, he spent almost two decades at Goldman Sachs […]

Compliance officers at financial institutions feel they still have a low understanding of digital assets, blockchain, and their surrounding legal issues. That was the main takeaway from a two-hour workshop hosted by RAW Compliance and featuring the Bitcoin Association‘s Southeast Asia Manager, Ella Qiang. Wallet security, digital asset ATM networks, and the speed at which money can move around and […]

Bitcoin is attracting institutional investors. BTC has gained the attention of several companies around the world. Thornton Place Condominium Corporation, a Canada-based firm, announced that the company has made an investment of $25,000 (CAD) in BTC. According to the official announcement, the company purchased a total of 0.4 Bitcoin at an average price of $62,500 (CAD). Thornton Place became the […]

Veteran crypto team NEM Group has announced the successful launch of its Symbol mainnet. According to a March 17 announcement, NEM now comprises a “two chain ecosystem,” with NEM’s existing NEM NIS1 chain continuing to operate alongside Symbol. Symbol’s launch wasn’t entirely smooth sailing, with the mainnet going live two days late. Despite the team announcing the launch would be […]

Bitcoin price started a downside correction from the $60,000 resistance against the US Dollar. BTC is now approaching a major support zone near $56,200 and $56,000. Bitcoin formed a short-term top near $60,000 and started a downside correction. The price is now trading near the $57,000 support and the 100 hourly simple moving average. There is a key rising channel […]

The U.S. Securities and Exchange Commission has announced charges against California resident James Roland Jones in the first-ever enforcement action from the commission to target securities fraud on the darknet. According to the March 18 complaint, Jones is accused of accessing a darknet-based insider trading forum in late 2016 to seek material non-public information, or MNPI, on which to trade […]

Regulators may see crypto’s recent growth as a problem, according to Messari CEO and founder Ryan Selkis.  “I’ve never been more bullish on crypto but I think everyone might be mispricing global regulatory risk,” Selkis tweeted on Thursday, adding: “When crypto looks like a toy, it’s not a threat. When stablecoins hit PayPal volumes and go private, it starts to […]