Crypto Mining Firm Argo Set to Become London Stock Exchange’s First Blockchain Listing

Cryptocurrency mining outfit Argo Blockchain will likely become the first blockchain company to list on the London Stock Exchange (LSE), Business Insider reported June 11. After launching its subscription service for mining contracts the same day, the company says it plans to hold an IPO, following a $2.5 mln funding round it completed in January of this year. The LSE has generally remained a more traditional environment when it comes to blockchain offerings. While Coinsilium launched the UK’s first cryptocurrency-related IPO on London’s junior stock market AIM in 2015, the…

Russian Gov’t, Corporate Giants Form Joint Venture to Develop in Blockchain, IoT

Multiple Russian corporate giants, including state-owned Gazprombank, have created a joint venture that plans to develop projects in blockchain and the digital economy, local news outlet TASS reported June 9. Russian telecom company MegaFon, Gazprombank, government corporation Rostec, and the USM Group have created a joint venture – referred to as MF Technologies (MFT) – that is worth $450 mln and has a 59 percent stake in Russian Internet giant mail.ru. The initiative plans to focus on developing digital financial solutions via Gazprombank resources. According to TASS, MegaFon stated that…

Abu Dhabi Securities Exchange Partners UK FinTech for Blockchain Applications

The Abu Dhabi Securities Exchange has inked a partnership with Equifax, a UK-based fintech company that provides blockchain technology services for capital markets. Equichain will be advising ADX on the best way to use new technologies including blockchain to increase the operational efficiency of the exchange in terms of transaction speed and security. ADX Chief Executive Rashed Al Blooshi released a statement on Monday saying: “The open exchange with Equichain and members of the working group will allow us to identify and test new applications of blockchain technology, aiming to…

Korean Banks to Use Samsung SDS Blockchain to Verify Customer IDs from July

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! A national banking group representing South Korea’s commercial banks will launch a customer ID verification powered by blockchain technology in July. The Korea Federation of Banks (KFB) will officially launch “BankSign”, a blockchain-based identity verification platform that will enable retail domestic banks to improve a decades-old verification system with digitization in both online and mobile banking, the Korea JoongAng Daily confirmed. Until this year, Korean banks were forced to use a 20-year old public…

New Experience for Players or More Profit for Developers?

Crypto-video games are finally here, except that they aren’t. Over the past few months, a steadily increasing stream of computer games have appeared that have used cryptocurrencies in one way or another, yet despite their growing frequency only a small number of these have actually used the mechanics of Ethereum or Bitcoin to provide a decentralized gaming experience. In fact, the majority of them could be passed off for traditional games without anyone batting an eyelid, since the use of cryptocurrencies or blockchain generally comes more as an addition to…

Dead Cat Bounce? Bitcoin May Struggle to Hold Above $7K

Bitcoin (BTC) is looking to regain poise after its drop to two-month lows on Sunday, but the recovery will likely be short-lived, the technical charts indicate. At press time, BTC is changing hands at $6,825 on Bitfinex – up 3 percent from the two-month low of $6,619. The recovery could be associated with extreme oversold conditions highlighted by the relative strength index (RSI) yesterday and could be extended further in the next 24 hours. However, crossing $7,000 in a convincing manner will be easier said than done, as the area…

Bitcoin Price Watch: BTC/USD Recovery Could be Limited

Key Points Bitcoin price found support near $6,620 after a major decline against the US Dollar. Yesterday’s highlighted important bearish trend line was breached with resistance at $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting higher towards a few important resistances such as $7,000 and $7,200. Bitcoin price is recovering from the $6,600 support area against the US Dollar. BTC/USD might correct further in the near term, but it could face hurdles around $7,200. Bitcoin Price Analysis Yesterday, we saw…

Malta Emerges as World’s Cryptocurrency Hub Despite EU’s TAX3 Investigation: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to george@cointelegraph.com. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. This article does not contain investment advice…

MoneyConf Dublin Kicks Off Today with Crypto, Wall Street, Gov’t Speakers

Cointelegraph will be live-streaming crypto and fintech conference MoneyConf in Dublin, Ireland as the event’s official media partners starting today, June 12. The conference – organized by the team behind annual tech conference Web Summit – includes speakers from across the crypto, blockchain, and fintech industries, including Ethereum (ETH) co-founder Joseph Lubin of ConsenSys, Square CFO Sarah Friar, and Overstock CEO Patrick Byrne. From the cultural side, musician Imogen Heap, also founder of music blockchain ecosystem Mycelia, will lead a panel titled “Is all fair in music and blockchain?” Today’s…

Tron (TRX) Price Watch: Where Sellers Are Waiting

Tron Price Key Highlights Tron has formed lower highs and lower lows to create a descending channel on the 4-hour chart. Price is bouncing off support and may be due for a correction to the top, which lines up with the Fib levels. If this area holds as resistance, Tron could resume the drop to the swing low or lower. Tron could be due to resume its downtrend if the area of interest around 0.0600 holds as resistance. Technical Indicators Signals The 100 SMA is below the longer-term 200 SMA…