Bitcoin Held on Binance Surges to Record High of 692K BTC: Glassnode

A blockchain startup headed by a group of former Deloitte employees is launching a new supply chain platform. Citizens Reserve announced the SUKU ecosystem on Wednesday, positioning it as "an industry agnostic supply chain solution" that seeks to improve how shipments are coordinated and tracked around the world. As far as technology goes, SUKU will…

The U.S. economy added 339,000 jobs in May, according to a Friday morning report from the Bureau of Labor Statistics (BLS). That's ahead of an upwardly revised 294,000 jobs in April and sharply higher than economist forecasts for 195,000. April's job gain was originally reported at 253,000.The unemployment rate rose to 3.7% versus 3.4% in…

The only Canadian hub to make it into our final ranking, Vancouver had a strong showing in per-capita opportunity measures including crypto jobs, companies and events, as well as a particularly high score for quality of life, in our enabler category. But like its neighboring U.S., Canada’s crypto regulatory structure score was just middling, sitting…

Arkham stirred controversy with its new service that placed bounties on identifying the owners of anonymous crypto wallets.However, despite the crypto community’s privacy idealism, people are starting to use it to figure out who was behind some major exploits.Arkham Intel Exchange, a new platform that incentivizes the unmasking of anonymous crypto users, stirred up controversy…

Internet search giant (and much more) Google has added ethereum to its big data analytics platform BigQuery. Making the announcement in a blog post on Saturday, the company said that, while an API exists for commonly used functions such as checking transaction status or wallet balances, it's not so easy to access all of the data stored…

Jul 6, 2020 at 10:00 UTCUpdated Jul 6, 2020 at 10:05 UTCShopping street in Kabul, Afghanistan (Jono Photography/Shutterstock)Blockchain startup Fantom has been given the green light to start tracking medicinal drugs in Afghanistan to help stem the country’s counterfeiting problem. After a signing ceremony with the Afghan Ministry of Health and several pharmaceutical distributors last…

Binance, the world’s largest crypto exchange, temporarily disabled all crypto withdrawals for a time on Monday due to a large backlog.Withdrawals were resumed about 25 minutes after the stoppage was announced to customers on its Twitter account Monday. But then 20 minutes after that announcement, the company tweeted an update that withdrawals had been closed…

The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the first rate cut in four years after the central bank's most aggressive hiking cycle. "The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent, and judges that the risks to achieving

Bitcoin's (BTC) attempt at a sizable rally was snuffed out Tuesday, but the crypto managed to hold the $27,000 level and was trading at $27,180 late in the afternoon, up 1.4% over the past 24 hours.The broader CoinDesk Market Index (CMI) was ahead 1% for the day. Notably underperforming was ether (ETH), with a gain