Urban, Author at 2100NEWS

UrbanOctober 18, 2018

Yet another African country is turning to explore blockchain technology following Kenyan government, that recently announced to use blockchain technology for the distribution of new government-funded housing units. The Rwandan government is now eyeing to track the supply chain of metal tantalum, which is used in consumer electronics, with blockchain technology. The move aims to reassure investors over concerns on […]

UrbanOctober 18, 2018

After rising to $6,700 on fiat-to-crypto exchanges and achieving $7,700 on Bitfinex, Bitcoin has stabilized at $6,500. Over the past 48 hours, the volume of Bitcoin has risen from $3.2 billion to $7 billion at its peak, but has since dropped to $4 billion. In a two-day period, BTC has shown a 25 percent increase […]

UrbanOctober 17, 2018

The central bank of the Maldives has warned citizens to be wary of advertisements appearing on social media platforms relating to the trading of cryptocurrencies. In a press release, the Maldives Monetary Authority (MMA) cautioned members of the public against transacting in cryptocurrencies pointing out that it was the only agency responsible for licensing money exchange business […]

UrbanOctober 17, 2018

Over the past 72 hours, the cryptocurrency market experienced one of its wildest fluctuations in recent years, triggered by the sudden increase in the Bitcoin price. The unforeseen decline in the value of Tether (USDT), a stablecoin backed by the US dollar on a 1:1 ratio, led premiums on major cryptocurrencies like Bitcoin (BTC) and […]

UrbanOctober 17, 2018

Huobi Global is set to list four new stablecoins, namely Paxos Standard (PAX), Gemini Dollar (GUSD), TrueUSD (TUSD), and USDCoin (USDC) later this week. In an announcement on its website, the cryptocurrency exchange revealed that the four new assets will go live on Oct. 19. Huobi’s New Listings PAX, a newly launched digital asset is dollar-pegged, issued […]

UrbanOctober 16, 2018

San Francisco based DocuSign has announced the integration of the Ethereum blockchain into its electronic signature and transaction management service. The company, which currently has over 400,000 paying customers, will now have an option for customers to have evidence of a DocuSigned agreement automatically recorded on the Ethereum blockchain. This option will be an alternative to the company’s native […]

UrbanOctober 16, 2018

About the author: Ranjeet Sodhi is the CEO and Co-Founder of Vault. He is also a fintech entrepreneur with over 19 years of experience leading and turning around key regulatory risk management initiatives for global top tier investment banks and financial services firms, including JPMorgan Chase, Citi, Deloitte, and E&Y. You can follow him on Twitter […]

UrbanOctober 16, 2018

The amount of Venezuelan bolivars being spent to purchase bitcoin has risen to record levels as the South American country experiences unprecedented hyperinflation and a worsening economic crisis. Per Coin Dance, bitcoins worth nearly 900 million bolivars have been traded so far this week in Venezuela, and this is already higher than last’s week volume of slightly over […]

UrbanOctober 15, 2018

The North Dakota Securities Department last week issued cease-and-desist orders against three companies promoting initial coin offering (ICO) in the state. Karen Tyler, the Securities Commissioner, named Crystal Token, Advertiza Holdings (Pty) Ltd., and Life Cross Coin aka LifecrosscoinGmbH, as the latest offenders involved in illegal business practices related to cryptocurrencies. Investigations found that the accused companies were […]

UrbanOctober 15, 2018

The price of Bitcoin has surged from $6,300 to $7,500 on Bitfinex, a major cryptocurrency exchange that reportedly operates Tether LLC, a firm that oversees the development of stablecoin Tether (USDT). Bitcoin is being traded with a significant premium on exchanges that have integrated USDT such as OKEx and Huobi, because traders have initiated the […]

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