California DMV building blockchain on Avalanche for title transfers
The DMV has successfully digitized 42 million car titles on the Avalanche blockchain.
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Helium devs propose ditching its own blockchain for Solana
Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30. The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by users…
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Hong Kong Unveils New Rules for Cryptocurrency Exchanges
Today, Hong Kong’s financial regulator — the Securities and Futures Commission (SFC) — has published a new set of regulations for Bitcoin (BTC) and cryptocurrency exchanges. The initial announcement, reported by Reuters, was made by Chief Executive Ashley Alder at a local fintech event on Nov. 6. Regulatory clarity for crypto exchangesThe new requirements detail how…
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Markets See Piecemeal Price Action, Some Stability After Yesterday’s Plummet
Friday, Oct. 12: after yesterday’s carnage, crypto markets are seeing some relative price stability. The top cryptocurrencies by market cap are seeing mild movement, both red and green.Market visualization by Coin360Bitcoin (BTC) has has seen little price action on the day, and is up 0.5 percent to trade at $6,318 as of press time. Ater…
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Crypto IRA integrates Coinbase Custody as trade volumes top $1.5B
Coinbase Custody will be used to further secure the cryptocurrency holdings of iTrustCapital clients. 483 Total views 4 Total shares Cryptocurrency IRA and 401(k) provider iTrustCapital has integrated Coinbase Custody into its platform, offering retirement planners more robust security for their digital-asset investments. The integration means iTrustCapital clients will have their assets secured by Coinbase Custody’s…
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Grayscale Investments now controls 2.4% of the current BTC supply
The investment firm purchased 17,100 BTC in the last week. Crypto fund manager Grayscale Investments has increased the assets under management in its Bitcoin Trust by more than $180 million over the past week.According to data from information platform Bybt, Grayscale added 17,100 Bitcoin (BTC) to the firm’s Bitcoin Trust in the last seven days.…
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Big Four Auditor EY Launches Zero-Knowledge System for Private Transactions on Ethereum
“Big Four” auditor Ernst and Young has launched the prototype of a system that enables secure and private transactions to take place on the Ethereum (ETH) public network, according to a press release Oct. 30.The system, dubbed EY Ops Chain Public Edition (PE), uses zero-knowledge proof (ZKP) technology, an alternative algorithm for authenticating distributed ledger…
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JPMorgan’s Blockchain Offshoot Kadena Gets First Ever Token Listing
Kadena preps its first ever listing on Bittrex Global, with initial trading pairs including Bitcoin and Tether. 624 Total views 22 Total shares Bittrex Global, one of the world’s most popular platforms for trading cryptocurrencies, is about to become the first crypto exchange to list a token by JPMorgan’s blockchain spin-off Kadena.Kadena token (KDA), is…
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Bitcoin trader eyes $63K BTC price for new Bollinger bands ‘breakout’
Bitcoin (BTC) could be set for historic gains thanks to a simple trend line breakout, a popular trader hopes.In a Twitter discussion on May 5, Titan of Crypto flagged a rare bull signal on the Bollinger Bands indicator for the Bitcoin monthly chart.Bitcoin price may see "inexorable breakout"BTC price action currently impacts sentiment in different…