Bitcoin price shows strength above its recent lows — Here is why
A stock market recovery, investors’ anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains.
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Turkish Takasbank Announces Blockchain Platform for Gold Trading
Turkey's Istanbul Clearing, Settlement and Custody Bank (Takasbank) has announced its blockchain-based platform for trading physical gold.Dubbed BiGA, Takasbank’s new project aims to enable people to transfer physical gold stored at the Borsa Istanbul Stock Exchange (BIST), Turkey's sole exchange entity, through digitized gold units on a blockchain, the bank announced on Sept. 6.The units,…
Crypto privacy is in greater jeopardy than ever before — here’s why
Despite the latest technology, the world has yet to crack the code for privacy and security online. But that isn't the only big problem we need to worry about.Hackers and robbers are tricking innocent users into giving up their private information as society becomes increasingly digital — and virtual currencies have a role in all…
Fireblocks acquires stablecoin payments platform First Digital
Fireblocks CEO Michael Shaulov said his company wants to “help every business become a crypto business,” referring to their ability to accept digital payments. 249 Total views 3 Total shares Blockchain infrastructure company Fireblocks has finalized the acquisition of First Digital, a stablecoin and digital asset payment platform, as part of a broader effort to…
Crypto Mining Firm Argo Blockchain Listed on London Stock Exchange, Raises $32 Million
Mining firm Argo Blockchain PLC has reportedly become the first crypto company to join the London Stock Exchange (LSE), raising around $32 million for a total valuation of about $61 million, The Telegraph reports August 3. London-based Argo offers customers to the ability to mine four cryptocurrencies — Bitcoin Gold (BTG), Ethereum (ETH), Ethereum Classic…
Singapore Carpooling App Ryde Launches Wallet for BTC Payments
Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin payments for its service. 777 Total views 39 Total shares Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin (BTC) payments for its service.In an announcement shared with Cointelegraph on June 17,…
FEMA Suggests Blockchain-Based Registry to Improve Disaster Insurance Payouts
The United States Federal Emergency Management Agency (FEMA) is exploring the idea of a blockchain-based property registry to streamline disaster insurance payouts.In its latest National Advisory Draft Report to the FEMA Administrator, the agency indicated its interest in deploying blockchain technology in order to streamline disaster insurance payouts and improve the speed of disaster responses. To…
Bitcoin Price Near ‘Monster Move’ After Weeks of Range Trading — Analyst
The price of Bitcoin (BTC) has seen low volatility throughout the past six weeks, hovering in the $9,300 to $9,900 range for most of the time. This has led traders to warn that it is likely to cause a massive price movement in the near-term.Over the last 12 months Bitcoin has seen two extended ranges.…
Is Blockchain Necessary? An Unbiased Perspective
Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will tell you that it’s the epitome of evil. Blockchain engineers and enthusiasts will tell you it’s the future of the world. The…