The recession stage in the cryptocurrency market is over. This is evidenced by the chronology of events of the last six months, notes Tom Lee from Fundstrat Global.
Scandals involving user data leaks hit Facebook's ability to find appropriate professionals. They are not in a hurry to go to work for an employer that earned the reputation of a company that does not respect users privacy.
Bitfinex will be the first trading platform to attract approximately $1 billion during the initial exchange offering. The attracted financing will allegedly be spent on covering losses from $850 million confiscated due to New York Attorney General's investigation.
Binance fell victim to a successful hacker attack. Cybercriminals managed to withdraw 7000 BTC from the hot wallet of the exchange.
CEO Nordgas trading: We are the first oil and gas company in Russia to implement token payment on our gas stations
Russian oil and gas company “Nordgas trading” has signed a memorandum of cooperation with “Fin foundation” company, implementing token payment on gas stations in South Korea. We have asked “Nordgas Trading” CEO Petr Zinchenko what he expects from this collaboration.
The prominent economist Joseph Stiglitz once again collapsed with sharp criticism on bitcoin and other cryptocurrencies. He called bitcoin a tool for illegal financial activities.
Consulting firm DeVere Group and investment company Fidelity published results of their independent surveys of large investors attitude to digital assets. Both polls demonstrate high interest in crypto in more than half of investors.
Medical Care has always been a front-line, mission-critical, use case for emerging technologies with fast and furious adoption turning into almost an arms race.
The general attorney office of the State of New York accused Bitfinex of concealing the fact of losing $850 million of company's and customers' funds. After this information was published, approximately $350 million in bitcoins and Ethereum was withdrawn from Bitfinex's cold wallets.
The world's largest smartphone maker Samsung is testing its own blockchain network with native token. However, the fate of this project remains in question.
The founder of one of the largest financial companies in Japan invested as a private individual in digital currencies at the most inopportune moment when bitcoin peaked in price. As a result, he lost millions.
South Korean investors on average invested $6,100 in cryptocurrencies last year. This is 64% more than in 2017.
CMO of Fin Foundation: “We plan to implement token payment on gas stations around Europe, Russia and South Korea”
Fin Foundation is a newly created company with South Korean roots, headquartered in Burgas, Bulgaria.
Ethereum co-founder Vitaly Buterin planned to work as an intern at Ripple Labs in 2013, but due to difficulties in obtaining a US visa, he refused this idea.
Two agents of the Russian Federal Security Service were charged with extortion of 65 million rubles in bitcoins. According to the investigation, they promised not to tighten proceedings against the ex-director of the state publishing house "Izvestia".
The French retail giant hopes to transfer the process of tracking deliveries of 20% of its products to the blockchain by the end of 2019. Carrefour teamed up with Swiss food maker Nestle and IT developer IBM.