Bitcoin Is Becoming A Favorite Long-term Investment Option

Bitcoin Is Becoming A Favorite Long-term Investment Option Many people tout bitcoin as a way to hedge against future financial instability. In most cases, that is considered to be solid advice. Interestingly enough a bullion-related website has a poll discussing various alternative investment options. It is evident bitcoin is the clear leader in this regard,…

Report: Nigerian Retail Banking Sector to see 92% Disruption by FinTech

Report: Nigerian Retail Banking Sector to see 92% Disruption by FinTech A report has shown that retail banking and fund transfers in Nigeria are the two biggest areas that are most likely to be affected by FinTech over the next five years. The report, Nigeria FinTech Survey 2017 [PDF], which was released by PricewaterhouseCoopers (PwC),…

Microsoft Announces Availability of R3’s Corda Blockchain Platform on Azure

Microsoft Announces Availability of R3’s Corda Blockchain Platform on Azure R3’s blockchain software Corda, developed by the Fintech startup alongside 70 of the world’s biggest banks forming the R3 consortium, is now available on Microsoft’s cloud computing platform, Azure. Announced quietly last week, the revelation comes soon after Corda’s code was contributed to the Linux…

Poloniex Seeks Regulatory Clarity From CFTC Following Allegations

Poloniex Seeks Regulatory Clarity From CFTC Following Allegations Popular Bitcoin and altcoin exchange Poloniex has submitted a request for no action relief to the Commodities and Futures Trading Commission (CFTC) around potential allegations that required timing of the “actual delivery” of cryptocurrency, regulated by a 28 day period in the Commodity Exchange Act (CEA), has…

CEX.IO Launches Bitcoin and Ether Margin Trading with Risk-Preventing System

CEX.IO Launches Bitcoin and Ether Margin Trading with Risk-Preventing System   CEX.IO Bitcoin exchange launched BTC/USD and ETH/BTC margin trading with 1:2 and 1:3 leverages on its platform. The exchange has developed a special risk-preventing system that guarantees that margin trading cannot move user’s balance to negative values. Bitcoin margin trading by CEX.IO has a range of competitive…