• Main
  • Company news
  • Company news

    Dutch bank ABN AMRO ditches its Bitcoin wallet because it’s ‘too risky’

    Dutch bank ABN AMRO ditches its Bitcoin wallet because it’s ‘too risky’

    Dutch bank ABN AMRO has decided to cancel its plans for a custodial cryptocurrency wallet, called Wallie, claiming that digital assets are “just too risky.”

    YESTERDAY

    News

    Facebook Registers Secretive ‘Libra’ Cryptocurrency Firm in Switzerland

    Facebook Registers Secretive ‘Libra’ Cryptocurrency Firm in Switzerland

    According to a Reuters report, Facebook registered a new company, Libra Networks, in Geneva on May 2. This coincides with the slow roll-out of their internal cryptocurrency that will define the company’s first foray into blockchain technology.

    19 MAY 2019

    News

    Wild Crypto Market’s Traders Get Something New: FDIC Protection

    Wild Crypto Market’s Traders Get Something New: FDIC Protection

    SFOX, a prime dealer and trading system in the $208 billion crypto market, is partnering with New York-based M.Y. Safra Bank to offer its traders deposit accounts backed by the Federal Deposit Insurance Corp. -- the same federal agency that protects bank customers up to $250,000 per financial institution.

    16 MAY 2019

    News

    Institutional demand for bitcoin appears to be increasing

    Institutional demand for bitcoin appears to be increasing

    Grayscale Bitcoin Trust (GBTC), a $1.4 billion closed-end fund that invests exclusively in bitcoin, serves as perhaps the best indicator of institutional investment in bitcoin. And the data is showing an uptick in the institutional demand.

    14 MAY 2019

    News

    Tron Foundation on Lucien Chen: Chen was a technical leader, not a co-founder; was dismissed for fraud

    Tron Foundation on Lucien Chen: Chen was a technical leader, not a co-founder; was dismissed for fraud

    Tron foundation’s ex-employee Lucien Chen had earlier announced via a Medium post his dismissal from Tron. Chen informed the community that he was leaving due to several reasons, however, the main reason was that the network was not centralized anymore. The former employee wrote:

    13 MAY 2019

    News

    GoTenna Partners With Blockstream Satellite to Make Using Bitcoin Without an Internet Connection Simpler

    GoTenna Partners With Blockstream Satellite to Make Using Bitcoin Without an Internet Connection Simpler

    Sending bitcoin transactions without an internet connection just got a little bit easier.

    12 MAY 2019

    News

    Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

    Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

    Bitmain’s internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting that the industry giant has cut back on capacity.

    11 MAY 2019

    News

    Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close

    Hong Kong Fund’s Projected $400 Million Overstock Investment Ends With $5 Million Close

    GSR Capital has finally closed on its investment in tZERO, Overstock.com’s security token trading platform, after months of delays and revisions to the deal.

    10 MAY 2019

    News

    Bitcoin Miner Hut 8 Reveals $136 Million Losses for 2018, Eyes Market Uptrend

    Bitcoin Miner Hut 8 Reveals $136 Million Losses for 2018, Eyes Market Uptrend

    Canadian bitcoin (BTC) mining company Hut 8 made almost $50 million in revenue last year but triggered total losses of almost $140 million, according to an annual earnings report released on May 6.

    9 MAY 2019

    News

    Samsung’s ‘Digital Transformation Framework’ Includes Blockchain Tech

    Samsung’s ‘Digital Transformation Framework’ Includes Blockchain Tech

    At Samsung’s Real 2019 event in Seoul, Samsung SDS CEO Hong Won-pyo described the company’s plans to add blockchain tech to its entrprise IT solution packages.

    9 MAY 2019

    News

    Deloitte survey: 53% of enterprises see blockchain as top-5 priority

    Deloitte survey: 53% of enterprises see blockchain as top-5 priority

    Today Deloitte released findings from its 2019 blockchain survey. Compared to other studies, Deloitte’s is one of the most optimistic in both 2018 and 2019. It found that 53% (2018: 43%) of enterprise respondents cite blockchain as a top-five strategic priority and 56% (2018: 59%) believe blockchain will disrupt their industry. Only 6% are unsure or don’t see the need to use blockchain.

    8 MAY 2019

    News

    PepsiCo Blockchain Trial Brings 28% Boost in Supply Chain Efficiency

    PepsiCo Blockchain Trial Brings 28% Boost in Supply Chain Efficiency

    Food and beverage giant PepsiCo has conducted a blockchain trial that brought a 28 percent boost in supply chain efficiency.

    6 MAY 2019

    News

    Bank of America concerned about cryptocurrency transactions; secures patent for risk assessment

    Bank of America concerned about cryptocurrency transactions; secures patent for risk assessment

    Bank of America [BoA], the second largest bank in the United States based on assets held, signaled their concern for the cryptocurrency community. The North Carolina-headquartered bank secured a patent for a cryptocurrency risk detection system.

    3 MAY 2019

    News

    Expert: Disney is not going to take over the crypto market

    Expert: Disney is not going to take over the crypto market

    Disney Corporation has no plans to capture the cryptocurrency market, since the possible purchase of Bitstamp and Korbit exchanges is in no way connected with its core business. That’s what Alexey Pospehov, GR & PR director of MISSION told LetKnow.News.

    3 MAY 2019

    News

    Square Earnings: Cash App Volume Soars

    Square Earnings: Cash App Volume Soars

    The bar was high going into Square's (NYSE: SQ) first-quarter earnings report on Wednesday afternoon. The financial-technology company has seen impressive growth over the past year -- both in its underlying business and its stock price. In addition, management has provided an optimistic outlook for continued momentum throughout 2019.

    2 MAY 2019

    News

    Prediction: 20 Percent of Leading Global Grocers to Use Blockchain by 2025

    Prediction: 20 Percent of Leading Global Grocers to Use Blockchain by 2025

    20 percent of the top 10 global grocers will use blockchain by 2025, according to information released by research firm Gartner Inc on April 30.

    1 MAY 2019

    News

    SBI’s Crypto Exchange SBIVC Achieves Profits in First Fiscal Year

    SBI’s Crypto Exchange SBIVC Achieves Profits in First Fiscal Year

    New Japanese crypto exchange SBI Virtual Currencies (SBIVC) achieved profitability in the first year of its launch, Cointelegraph Japan reports on April 26.

    29 APRIL 2019

    News

    The expert explained why Samsung took up the cryptocurrency

    The expert explained why Samsung took up the cryptocurrency

    Cryptocurrencies for Samsung are nothing more than just a business diversification. That’s what Vladimir Tomko, Blockchain Cuties CEO, stated in his comment for LetKnow.News.

    27 APRIL 2019

    News

    CEO of Japanese Finance Giant SBI Appointed as Ripple Labs Executive

    CEO of Japanese Finance Giant SBI Appointed as Ripple Labs Executive

    Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has been appointed as an executive of Ripple Labs Inc., Cointelegraph Japan reports on April 26.

    26 APRIL 2019

    News

    BlockFi reduces bitcoin deposit minimums; announces expansion into India as crypto deposits swell above $50 million

    BlockFi reduces bitcoin deposit minimums; announces expansion into India as crypto deposits swell above $50 million

    New York crypto lending firm BlockFi has announced a slew of updates that will come into effect at the start of May, including a reduction of its bitcoin deposit minimum from 1 BTC to .5 BTC and the ability to service clients in India, according to a new blog post.

    25 APRIL 2019

    News

    Show more

    UP