Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed
Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.
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City of Liverpool takes interest in blockchain-powered food delivery platform
Peepl seeks to enhance adoption by rewarding users with new tokens for every food delivery order. 1116 Total views 50 Total shares On Monday, Metro Mayor of the Liverpool City Region Steve Rotheram announced a 700,000 pound ($955,957) investment into blockchain-powered food delivery service Peepl. The software aims to act as a cost-efficient alternative to…
Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain
“Big Three” management consultancy firm McKinsey & Company has argued that blockchain technology is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment. The news was reported by Bloomberg on June 7.McKinsey reportedly characterized retail banks as nervous and cautious when it comes to blockchain, as distinct from their…
Poloniex crypto exchange resumes withdrawals after $100M hack
Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10. 180 Total views 1 Total shares Justin Sun’s cryptocurrency exchange Poloniex is preparing to resume operations after suffering a major hack in mid-November, according to an official company announcement posted on Nov.
M2 crypto exchange hacked for $13M, user funds already restored
The industry is still recovering from the $230 million WazirX hack, which occurred less than four months ago.
Analysts come unglued ahead of Nvidia earnings call — $10T within 5 years
The Sept. 28 earnings report is being called the most important event of the year for the stock market.
Indonesian Customs Joins IBM’s Blockchain Supply Chain Platform
IBM Indonesia has revealed that the Indonesian Directorate General of Customs and Excise has commenced using the blockchain-based shipping platform, TradeLens.The news follows several months of platform implementations, with the Indonesia Customs and Excise Department announcing that it would join the TradeLens consortium late last year. The announcement has seen Indonesia’s customs department become the 11th…
Bitcoin dips below $42K as crypto sentiment returns to ‘fear’
It did not take much — around $3,500 off the Bitcoin price — for crypto traders to have a change of heart. 1323 Total views 5 Total shares Bitcoin (BTC) trended toward a $40,000 retest on Feb. 12 as BTC price action bore out analysts' predictions.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader hopes to avoid…
China: Veteran Regulator Tells Sichuan to Tap Hydropower for Blockchain
A veteran Chinese regulator has told those tasked with steering the strategic development of Sichuan province to tap surplus hydropower for the blockchain industry.Jiang Yang — former vice-chairman of the China Securities Regulatory Commission — advised strategists that:“Sichuan should study further about how the province’s cheap hydropower resources can attract digital currency-related businesses.” Yang’s remarks were…