Blockchain Bites: Record-Breaking ‘Active’ Bitcoin Users as Wall Street Ponde...

Wall Street has been embracing the latest wave of Silicon Valley financial tech at a fast rate. Over the past several months, many Wall Street Financial companies have embraced the new wave fintech enterprises with remarkable speed. The blockchain an online ledger that tracks the movement of digital currency, but it can also be used to manage, register and secure anything else that has value. Wall Street companies seem to have seen the true potential of the blockchain technology and many are now rushing to invest and develop new applications with this new technology. Jamie Dimon, JP Morgan....

For the first two or three years, arguably Bitcoin was a toy for nerds, and some dissenters might even go to say Bitcoin is just for anarchists and liberalists. However, as more people used it, and more companies started accepting it, Venture Capitalists and Wall Street started catching on. First it was just the small seed investment round here and there, usually investments below $100,000 in USD. However, 2014 hit a record of Venture Capitalism flowing into Bitcoin when we see record investments in Bitcoin heavyweights like Xapo, BitFury, Circle, and OKCoin.

Wall Street has been keeping a close eye on the evolution of distributed ledger technology in recent years. The Wall Street Blockchain Alliance, launched in 2015, announced a certification program. The primary goal is attracting Distributed Ledger Technology developers. Education is an important aspect of blockchain technology. While the possibilities of....

Wall Street Chads is the first NFT project to create a decentralized community-run investment platform. Inspired by WallStreetBets, the infamous subreddit community which is credited for the meme-investing craze and coordinating one of the largest short squeezes in history, Wall Street Chads leverages the power of the blockchain to bring the same community-driven investment strategies […]

Seven Wall Street firms including four global banks have announced the successful testing of blockchain technology used for credit default swaps’ trading process in post-trade lifecycle events, a market wherein outstanding contracts amount to in the trillions of dollars. In a new initiative that further underlines the financial industry’s determined foray into embracing blockchain technology, seven Wall Street firms have announced the successful test of blockchain technology used for credit default swaps (CDS). Credit-default swaps are fundamentally insurance contracts which are paid off....