BitGo Is Building Its Own Digital Asset Custodian
Blockchain security startup BitGo has decided to build its own asset custodian, and will no longer proceed with its acquisition of Kingdom Trust.
Unverified Source Claims Tron-Alibaba Deal Will Be Officially Announced Shortly After Mainnet Launch: EOS, Tron, Litecoin, Stellar Lumens and IOTA Price Technical Analysis (May 24)
All coins in the top 10 are in a decline printing losses in the last 24 hours. Even EOS and Tron are in negative territories despite major market moving events coming in less than two weeks. Well, this is good for value traders who are busy buying on dips in lower time frames. In my […]
Bitcoin Price Has Hypotehtical Value of $1,800: Federal Reserve Report
The Federal Reserve Bank of San Francisco released a report on May 18 discussing the volatility of the bitcoin price and its impact on the ways bitcoin should be classified, whether as a currency, security, or commodity. Joost van der Burgt, author of the publication and fintech policy advisor at the Federal Reserve’s San Francisco branch, […]
Argentinian Bank Drops Out of SWIFT, Favors Bitcoin and Cryptocurrency
According to Toshi Times, Jose Dakak, the principal shareholder of Argentinian bank Banco Masventas, has stated that the bank will drop out from the global financial network SWIFT and begin utilizing the Bitcoin blockchain network to settle international payments. Can Bitcoin Replace SWIFT? Through a strategic partnership with Bitex, a cryptocurrency payment service provider based […]
Regulatory Uncertainty Pushes Bitcoin Below $8,000, Tom Lee Predicts a $25,000 Return
Bitcoin’s two-week sell off continued today, seeing the coin fall to below $8,000 — $7,500 at the time of writing — and hitting levels not seen since mid-April. Regulatory Moves Impact Bitcoin’s Price And it’s not just Bitcoin, many other top cryptocurrencies were also in the red today despite bullish calls that coin prices would soar following […]
No Blockchain Network is Remotely Close to Ethereum, Says Golem CEO
Zulian Zawistowski, the CEO of Golem, a smart contracts-based decentralized supercomputer, stated that Ethereum is the most promising blockchain platform in the global cryptocurrency sector and no other blockchain protocol comes remotely close to Ethereum’s potential and applicability. Ethereum’s Advanced and Sophisticated Platform Golem, the 47th largest cryptocurrency with a $387 million market valuation, which […]
Argentinian Bank Allows Cross-Border Payments with Bitcoin
Banco Masventas in Argentina announced via its Facebook page that it is introducing a new program that will allow customers to make cross-border payments using bitcoin. The institution has partnered with the Latin America–focused exchange startup Bitex — founded in 2014 — to potentially compete with SWIFT, a global, bank-owned messaging network. SWIFT, which stands […]
Coinbase Is Rebranding Its Crypto Exchange Service
Coinbase announced Wednesday it was rebranding its GDAX platform as Coinbase Pro. Additionally, the company has acquired Paradex, a relay platform.
AmEx Upgrades Rewards Program with Hyperledger Blockchain
American Express announced a blockchain-based loyalty rewards program using Hyperledger’s technology.
Thai Bank Pilots Cross-Border Transaction Using Blockchain
Thailand’s Bank of Ayudhya successfully piloted a cross-border transaction using its own blockchain interledger, it announced Tuesday.