Forbes on Tuesday announced its inaugural Forbes 50 list of large companies leading the way in developing and using blockchain technology. The list has a notable lack of “pure” blockchain firms. In fact, there are just three—blockchain hardware and software maker Bitfury, cryptocurrency exchange Coinbase, and financial blockchain developer Ripple.
Crypto market advancing in quest to enter mainstream financial markets
Plans by Fidelity, the CBOE, and B2C2 would bring entry to option and stock markets
Three companies, including the Chicago Board Options Exchange (CBOE) and financial services firm Fidelity Digital Assets, announced advances in their trading platforms.
Must-reads for September 27, 2018: Fake volume, low volume, and other bad choices
Here are the crypto stories you should be watching today
Crypto’s Open Secret: Its Multibillion-Dollar Volume Is Suspect (Bloomberg via Yahoo Finance) Nearly two months ago, we wrote about BitForex, the Singapore-based exchange with suspicious trade volumes and a horrible logo. Bloomberg has finally caught up to Modern Consensus and they have some more details about it. Why would BitForex do it? “Transaction mining, also known as trade mining, is a controversial practice. On BitForex, users earn the equivalent of $1.20 in digital tokens issued by the exchange for every $1 they pay in transaction fees. It’s a system that critics say is tailor-made to encourage wash trading — in which a trader, or a team of traders, buy and…
