A Solution to China’s Pharma Woes Might Be a Blockchain Away

news The cryptocurrency markets fell sharply on July 14 after bitcoin (BTC) endured another $1,400 sell-off, denying the bulls a chance to revisit 2019 highs. At 09:00 UTC on July 14, BTC began to shed $1400 from its price tag, dropping below $11,000 and then $10,500 for the first time since July 2. Prices had…

Rootstock is one of the most established projects aiming to introduce DeFi features to the Bitcoin network.The ecosystem uses the RBTC token, which is pegged 1:1 with BTC.The integration comes around six months after Uniswap was deployed on the Bitcoin sidechain.Decentralized exchange SushiSwap is now live on Bitcoin (BTC) sidechain Rootstock, according to an announcement

Any breaches of the order would face "severe regulatory sanctions," the central bank warned.Feb 5, 2021 at 2:52 p.m. UTCUpdated Feb 5, 2021 at 3:02 p.m. UTCNigeria’s Central Bank Orders Banks to Close Accounts of All Crypto UsersThe Central Bank of Nigeria (CBN) has ordered all banks to close any accounts transacting with cryptocurrencies.The CBN…

More investment managers are trading digital assets as interest in cryptocurrencies continues to grow. AIMA’s Global Crypto Report, released over the summer, showed that around 20% of hedge funds are now investing in the space.As a fund manager, protecting intellectual property, the complex algorithms, systems and data that allow them to generate returns, is paramount.…

The Terra community on Tuesday night passed a popular proposal to burn about 88.7 million terra (LUNA) tokens, worth roughly $4.5 billion at current prices, and mint about 4 million to 5 million terraUSD (UST) stablecoins, a decision that should further boost the Terra project, according to analysts.The “burning,” or permanent removal of the tokens…

Jul 28, 2020 at 13:28 UTCSwiss Exchange Lists World’s First Active Bitcoin ETPSwiss crypto manager FiCAS AG on Tuesday unveiled what it called the first actively managed bitcoin exchange traded product (ETP). FiCAS AG Chairman Mattia Rattaggi told CoinDesk that his firm will manage a Bitcoin Capital Active ETP's portfolio of up to 15 altcoins…

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.Blockchain-based play-to-earn project Axie Infinity's native cryptocurrency AXS rallied after CoinDesk reported on Axie's card-based strategy game debuting on the Apple app store.AXS surged over 12% from $7.16 to $8.04 after the news, becoming the top gainer on CoinDesk Indices' leaderboard. At press time, AXS was…

The bank's analysts pointed to gold's much lower volatility.Feb 17, 2021 at 2:13 p.m. UTCUpdated Feb 17, 2021 at 2:33 p.m. UTCBitcoin’s Price Volatility May Hamper Its Progress Above $50K, JPMorgan SaysBitcoin’s price volatility needs to subside for the cryptocurrency to continue its stellar rally, according to analysts at investment banking giant JPMorgan.In a note…

news “What the heck! It’s a food fight on here. [Bitcoin developer] Matt Corallo is mad at Blockstream. Ragnar and Giacomo Zucco clubbing people left and right. Wat is going on!?” This text from a bitcoin enthusiast friend aptly described the confusion on social media platform Twitter in recent days, when leading members of the…