Day: October 2, 2018
Business

Charles Schwab Exec Joins Coinbase Board

[ad_1] Chris Dodds, who serves on the board of directors of the Charles Schwab Corporation, has joined cryptocurrency exchange Coinbase's board of directors, according to an announcement published October 2.The Charles Schwab Corporation is a brokerage, banking and financial advisory services firm based in San Francisco. Per the firm’s annual report, the company had $3.36 trillion in client assets, 10.8 million active brokerage accounts, and 1.2 million banking accounts, as
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BLOCKCHAIN

Binance Labs Invests ‘Millions’ in Decentralized Digital Content Monetization Startup

[ad_1] Binance Labs has reportedly invested millions of dollars in decentralized digital content ecosystem Contentos, according to a press release published October 1.Founded by the largest cryptocurrency exchange Binance, Binance Labs is an initiative that seeks to support early-stage blockchain and digital currency projects and entrepreneurs by making direct investments, as well as mentoring and providing technical advice to projects.Per the press release, Binance Labs made a “multi-million” dollar contribution
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BLOCKCHAIN

Blockchain Market Could Hit $7 Bln, Will Give Boost to Amazon, Microsoft

[ad_1] The Bank of America (BoA) has estimated that blockchain could be a $7 billion market and provide a major boost to corporate giants such as Microsoft and Amazon, CNBC reports Oct. 2.While BoA’s analysts refrained from putting “a time stamp” on the industry becoming a major, multi-billion dollar addressable market, they reportedly based their estimates on a ballpark figure that two percent of corporate servers would be used to
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Business

Crypto Markets Remain Shaky, NEM Continues Rising for the Second Day

[ad_1] Tuesday, October 2: crypto markets are seeing mixed signals, with up and down fluctuations for the last few hours and most of the top 20 cryptocurrencies by market cap seeing losses, according to CoinMarketCap. However, in terms of the 100 top cryptocurrencies, around half of the markets are in the green today.Market visualization from Coin360After seeing a slight growth on September 30,  Bitcoin (BTC) continues seeing losses. The major
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Business

Puerto Rico’s Noble Bank Reportedly Loses Clients Tether, Bitfinex, Seeks Buyer

[ad_1] Puerto Rico’s Noble Bank International, which is known for reportedly opening accounts for USD-backed token Tether and crypto exchange Bitfinex, is allegedly searching for a buyer, Bloomberg reports Thursday, October 2.Citing an unnamed person familiar with the case, Bloomberg reports that Noble Bank has lost Tether and Bitfinex as clients, among others, and is currently on the search for a buyer. The bank, which sources tell Bloomberg is no
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