Simon Potter Responds to Bank of England Governer’s Statement on Replacing the U.S. Dollar

Max Moeller

Mark Carney of the Bank of England recently proposed that the United States dollar’s global dominance should be replaced by something like Facebook’s Libra cryptocurrency. This is a bold claim, of course, stating that the world’s currency should be replaced by something created by a social media platform known for its privacy issues – even…

BTI Reports 35% Fall In Crypto Exchange Wash Trading

Since April 2019, wash trading among the top-40 best cryptocurrency exchanges has been reduced by 35.7%. This is according to a recent report released by the Blockchain Transparency Institute (BTI). Wash Trading Falls Among Top Exchanges As reported by BTI, the process of gathering data from exchanges resulted in enhanced mechanisms that allow analysts to…

Fitbit Is Eyeing a Sale, Hires Qatalyst to Explore the Sale Opportunity

Fitbit Is Eyeing a Sale, Hires Qatalyst to Explore the Sale Opportunity

Viraj Shah

Boutique investment company Qatalyst Partners is now working with Fitbit to explore the possibility of a sale. It isn’t clear if the company is planning to Greenlight a sale or not. News helps shares climb Reuters first reported, citing sources, that Fitbit is considering a sale and has hired Qatalyst Partners to explore related possibilities….

OP-ED: Who’s Afraid of Satoshi Nakamoto? – Long Read

Justinas Baltrusaitis

OP-ED: This in-depth opinion article is written by someone who is not affiliated with the LearnBonds editorial staff. Edited by Justin B. More than a decade ago, Satoshi Nakamoto, the mysterious inventor of the modern-day crypto-hawala published his white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System”. The choice of the term itself already alludes to…

Korea to Set Up $252 Million Fund to Boost Fintech

South Korea is expected to be setting up a $252 million fund (₩300 billion won) in order to help fintech firms receive more money to improve their operations. The information was released by the local financial regulator on September 18. South Korea To Help FinTech Firms According to Eun Sung-soo, the Chairman of the Financial…

Bakkt

7 Days Until Bakkt’s Launch – Possible Impact on Bitcoin’s Price

We are only seven days away from the long-awaited launch of custody and physically delivered Bitcoin futures contracts by Intercontinental Exchange’s Bakkt subsidiary. After receiving the green light from the New York State Department of Financial Services, Bakkt will debut its Bitcoin futures and warehouse on September 23. Before getting approvals for Bitcoin futures launch,…

Two Licensed Swiss Crypto Banks To Start Operating Next Month

The Swiss Financial Market Supervisory Authority (FINMA) have given two Swiss banks, Sygnum and Seba, the first provisional banking and securities licenses which will officially allow them to offer regulated services using cryptocurrency. Though the licenses got granted in August, neither of the banks has been given permission to publish its prospectus just yet. The…