Andrius Vaškevičius

Tron Founder Justin Sun Wins his Own Election on His Blockchain to Become a “Super Representative”
Altcoins
Tron Founder Justin Sun Wins his Own Election on His Own Blockchain to Become a “Super Representative”
After having launched its mainnet recently, TRON (TRX), a smart contract platform, which also ranks 11th on the list on biggest digital currencies by market cap, has had another interesting development. Justin Sun, CEO and founder of TRON Foundation, announced his campaign to run for one of the available 27 block producer positions on the network via a Twitter post. I am excited to run for #TRON Super Representative alongside…
OKEx Teams Up With Malta Stock Exchange to Launch a Security Tokens Trading Platform
Blockchain
OKEx Teams Up With Malta Stock Exchange to Launch a Security Tokens Trading Platform
OKEx, the second-largest crypto exchange as of press time, boasting a 24-hour trading volume of over $1.2 billion, has announced its partnership with Malta Stock Exchange (MSX) for the development of a brand new platform for trading security tokens. The collaboration between OKEx and Maltese financial institutions seemed almost inevitable, as the exchange has announced its plans to relocate to the Mediterranean state, also dubbed as “blockchain island” this spring.…
Digital Currency Group's Barry Silbert Claims Bitcoin Has Bottomed Out in 2018
Bitcoin
Digital Currency Group’s Barry Silbert Claims Bitcoin Has Bottomed Out in 2018
Founder and CEO of venture capital fund Digital Currency Group, Barry Silbert has struck a positive note for cryptocurrencies and their perspectives for the remainder of 2018. Mr. Silbert has been long known for his bullish outlook on digital assets as an investment opportunity and was among the first big profile names to invest in bitcoin. Speaking at the Delivering Alpha Conference in New York, he told that, “We’ve probably…
Citadel Hedge Fund CEO Bashes Bitcoin and Advises to Stay Away From It
Bitcoin
Citadel Hedge Fund CEO Bashes Bitcoin and Advises to Stay Away From It
Ken Griffin, CEO and founder of the $30 billion Citadel hedge fund, has slammed the world’s most popular digital currency, admitting he still “scratches his head” about bitcoin. Mr. Griffin has joined a plethora of voices from the traditional world of finance, voicing their disregard of BTC and the crypto industry in general. Some of the other well-known crypto naysayers who have recently condemned bitcoin include Jamie Dimon, Warren Buffett…
Mastercard to Speed Up Crypto Payments and Link Cryptocurrency With Fiat Accounts
Bitcoin
Mastercard to Speed Up Crypto Payments and Link Cryptocurrency With Fiat Accounts
People using Mastercard credit cards might soon be able to pay for goods or services using bitcoin as a currency. On Tuesday the financial services giant announced that it was awarded a patent for a new technology that would significantly increase the speed of digital currency transactions. On July 17th the US Patent and Trademark Office released an official document, which explains that “blockchain currencies have seen increased usage over…
Pro-Crypto David Solomon to be Appointed as New Goldman Sachs CEO
Bitcoin
Pro-Crypto David Solomon to be Appointed as New Goldman Sachs CEO
The financial giant Goldman Sachs announced that David Solomon will be taking over the reins at the bank, ending a 12-year-long tenure of the current Chairman and CEO Lloyd Blankfein in October. Mr. Solomon will be appointed to both positions, while the still incumbent Goldman boss will take on a role of Senior Chairman in a retirement ceremony, scheduled for the September 30th. Unlike the majority of Wall Street bankers,…
UK is Well-Placed to Become a Leader in Blockchain and Crypto Economy, Says New Report
Blockchain
UK is Well-Placed to Become a Leader in Blockchain and Crypto Economy, Says New Report
A new report, publicized in the Guardian article, says that Britain is in pole position to become a global leader in blockchain and crypto technologies. The analysis, which was conducted by think thanks Big Innovation Centre, DAG Global, and Deep Knowledge Analytics, claims that all of the necessary capabilities alongside the political will is there for Britain to become a global blockchain hub by 2022. UK-based blockchain companies have been…
Block.one Secures Funding from Bitmain and PayPal Founders
Altcoins
Block.one Secures Funding from Bitmain and PayPal Founders
Billionaires Peter Thiel (co-founder of PayPal) and Jihan Wu (co-founder of crypto mining giant Bitmain) are headlining the impressive group of investors in the latest fundraising round for Block.one – a company behind the EOS digital currency and EOSIO blockchain protocol. The strategic investment round has now been closed, with other notable names that put their trust in Block.one including founder of Moore Capital Management Louis Bacon and another hedge…
Bithumb Announces Plans to Expand to Japan and Thailand
Bitcoin
Bithumb Announces Plans to Expand to Japan and Thailand
According to an exclusive feature for Korean news outlet ZDNet, Bithumb, one of the major crypto exchanges in the country, has revealed plans to expand its operations and enter Japanese and Thailand markets. Reportedly, Bithumb has already been given the green light from the authorities, although the talks are still ongoing with the Japanese Financial Services Agency (FSA) and the Thai Securities and Exchange Commission. Japan has long been known…
Chilean Court Orders Bank to Re-Open Illegally Closed Account of Crypto Exchange Orionx
Bitcoin
Chilean Court Orders Bank to Re-Open Illegally Closed Account of Crypto Exchange Orionx
An ongoing standoff between banks and digital currency companies in Chile has taken another turn as the Court of Appeals of Santiago has ruled against a state-owned bank Banco Estado. The ruling states that the bank must now re-open the account of Orionx exchange, which was terminated earlier this year. Back in April, commercial banks Itau Corpbanca and Bank of Nova Scotia, alongside the state-owned Banco Estado have severely hindered…