As Robinhood plans to allow its users to buy slices of shares at $1, over 200,000 users have expressed their intent to use the service. More than 200,000 Robinhood clients have already expressed their intent to use its new fractional stock trading app announced yesterday. Vladimir Tenev, co-founder at Robinhood, …
Author: Helen Partz
Sweden’s central bank plans to create a pilot platform for a new digital currency, called the e-krona, in latest in European CBDC news. Sweden’s central bank is planning plans to create a pilot platform for a digital currency known as the e-krona. While Switzerland took a negative stance towards a …
VeChain token slips over 4% after an unknown hacker has redirected $67,000 from the VeChain Foundation’s buyback wallet. Note: This story is breaking and will be subject to updates. VeChain Foundation’s wallet has been compromised in a hacker attack targeting funds earmarked for the foundation’s buyback program. Per a VeChain …
“Chinese Twitter” has recently suspended pages of major crypto personas, Tron’s Justin Sun and Binance’s Yi He. Tron (TRX) founder Justin Sun and Binance co-founder Yi He have had their Weibo accounts suspended. China’s major microblogging website, which is often referred as “Chinese Twitter,” has purportedly deleted the accounts of …
Bitmain, the world’s largest crypto mining hardware firm, expands its distribution in South America by partnering with two crypto mining consulting firms. Bitmain, the world’s largest cryptocurrency mining firm, is expanding its distribution in South America by partnering with two crypto mining consulting firms. The Chinese mining mogul will extend …
China’s Sichuan province accounts for over 50% of the global hash rate, according to a study by digital asset manager CoinShares. Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims. China’s Sichuan province is accounting for over half …
The New York Department of Financial Services plans to review its crypto listing framework by late January 2020. The New York Department of Financial Services (NYDFS) is planning to update its virtual currency license for the first time in nearly five years. The authority has published proposed guidance on adoption …
Elliptic Discovery collects details of more than 200 crypto exchanges to enable banks to manage risks associated with crypto. London-based cryptocurrency compliance firm Elliptic has launched a new tool that allows banks to work more closely with crypto exchanges. Dubbed Elliptic Discovery, the product collects detailed profiles of more than …
China’s securities regulator CSRC will reportedly open a tech division that will be headed by the former chief of the central bank’s digital currency initiative. China’s securities regulator is reportedly setting up a tech division that will be headed by the former chief of the central bank’s digital currency initiative. …
China Construction Bank, the world’s second-biggest bank, has officially launched its blockchain-based refactoring platform. China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while …