Day: September 27, 2018

Swiss Startup Raises $103 Million to Launch Cryptocurrency Bank

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Switzerland-based startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to set up a bank offering cryptocurrency-related services, Reuters reported September 26. SEBA is reportedly headed by former UBS bankers — Guido Buehler as chief executive and Andreas Amschwand as chairman — and plans to apply for a banking and securities dealer license from Swiss financial market regulator FINMA. A license would allow the firm to conduct crypto trading and investments business for other banks and qualified investors. Buehler told Reuters that SEBA aims to become a…

Litecoin, EOS, Monero, Cardano, Stellar Lumens Price Analysis

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Across the sphere, bulls are dominant and that is visible as far as altcoins are concerned. EOS, Litecoin, Stellar Lumens and Cardano are rejecting lower lows. Most noteworthy are movements in ADA. Here, prices are bouncing building bull momentum as prices align with last week’s surges. All in all, we recommend buys at spot prices with targets at immediate resistances. EOS Price Analysis Swap.Online, a cross chain hot wallet, is now live. Unlike most hot wallet platforms, Swap.Online did execute atomic swaps between EOS and BTC on its test-net and…

Galaxy Digital’s Novogratz: Bitcoin (BTC) Is Literally Digital Gold, Upside Likely

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“Bitcoin Doesn’t Even Need A Use Case To Be Valuable” On Wednesday afternoon, Mike Novogratz, a well-recognized cryptocurrency proponent and former institutional investor, made a surprise appearance on CNNMoney’s “Markets Now” segment to discuss “The Future Of Money.” Are cryptocurrencies about to make a comeback? Bitcoin bull @Novogratz explains why he expects crypto prices to rally in the fourth quarter despite recent turmoil https://t.co/agzrCJr0hK pic.twitter.com/KIc5CTtCri — CNNMoney (@CNNMoney) September 26, 2018 Novogratz, who is also the founder and CEO of Galaxy Digital, a crypto and blockchain-focused merchant bank, opened up…

West Virginians Begin Using Blockchain-Based Mobile Voting App

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West Virginians have begun using a blockchain-based mobile voting app for casting absentee ballots in the upcoming midterm elections, Slate reported September 25. Citizens of West Virginia that currently live overseas have reportedly started using  a blockchain-enabled application for voting on Friday, September 21. The application — dubbed Voatz — will allow voters registered in 24 countries to cast absentee ballots via smartphone, mainly targeting military members stationed abroad. The pilot project for remote voting, which was only available to a select group of voters, started in March and was…