Analyst eyes Ether 'major push' to $3.5K amid traders betting on upswing
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close. Meanwhile, futures traders are betting on an upward move.
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Ahead of Traditional Banking: How Africa Employs Blockchain For Financial Inclusion
On September 27, at the 73rd Session of the U.N. General Assembly (UNGA), Sierra Leone’s president Julius Maada Bio made an announcement where he declared that his country had set a new goal to create a national, blockchain-based credit bureau to “radically transform” the country’s financial inclusion landscape. While the aim sounds ambitious, there’s some…
Blockchain can add $1.76 trillion to global GDP by 2030, says report
A PwC report estimates that blockchain technology will make up 1.4% of the global economy. 1368 Total views 21 Total shares A new PwC study found that blockchain technology through its wide range of use cases will potentially add $1.76 trillion to the global gross domestic product in the next 10 years. It would make…
IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies
The majority of global financial institutions surveyed believe that central banks should develop central bank-issued digital currencies (CBDCs), according to a joint study by IBM Blockchain World Wire and the Official Monetary and Financial Institutions Forum (OMFIF) released Oct. 25.The study includes 21 central banks that participated in the OMFIF's research between July and September…
New AI portfolio management tool coming to PancakeSwap
CupcakeHop by Bril Finance integrates AI for optimized DeFi investment strategies and real-time risk management on PancakeSwap.
Post-Halving Report: Brazil Could be New ‘Demand Source’ for Bitcoin
When Brazil’s central bank lowered its interest rates to 3%, potentially driving out some investors, it may have opened the doors for BTC. 3369 Total views 47 Total shares Bitcoin’s year-to-date performance compared to the Brazilian Real coupled with the country’s financial woes may help drive demand towards the cryptocurrency.According to a new report released…
Germany commemorates Euro 2020 soccer team with NFTs
The German Football Association will create player NFT cards that can be used in Sorare’s Global Fantasy Football game. 434 Total views 3 Total shares The German Football Association (DFB) has officially announced the debut of national soccer team nonfungbile tokens (NFTs) in partnership with a major blockchain-based fantasy soccer game provider Sorare.As part of an…
US Attorney’s Office Indicts Two Suspects in EtherDelta Hack
The United States attorney's office for the Northern District of California has indicted two suspects — Elliot Gunton and Anthony Tyler Nashatka — for hacking EtherDelta, a non-custodial marketplace for trading Ethereum (ETH) ERC-20 tokens, in December 2017.According to the documents originally filed on Aug. 13, Ganton and Nashatka changed the settings of EtherDelta’s domain…
Zuckerberg to Testify Before Congress Regarding Libra Stablecoin
Facebook CEO Mark Zuckerberg will testify before the House of Representatives Financial Services Committee on Oct. 23 regarding the firm’s proposed Libra stablecoin project.On Oct. 9, Congresswoman Maxine Waters officially announced that Zuckerberg will testify before Congress at a hearing entitled “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors.”Libra…