Coinbase Goes Down as Bitcoin Approaches 2019 Highs

Jun 15, 2020 at 11:30 UTCUpdated Jun 15, 2020 at 11:32 UTCTrevor Koverko and Charles Hoskinson (right) at CoinDesk Construct 2019First Mover: Cardano’s No Ethereum Killer Yet, But It’s Winning in Crypto MarketsAs Ethereum pushes slowly toward a new type of blockchain technology that some cryptocurrency experts predict could represent the future of decentralized finance,…

Bitcoin rose above $70,000 for the first time since June in the early evening U.S. hours on Monday. It remains about 5% below its record high around $73,700 from early March of this year. Rate cutting cycles among most major economies, renewed big inflows into the spot ETFs and rising betting market odds of a

Stablecoin issuer Circle Internet Financial on Friday rolled out a smart contract codebase called Perimeter Protocol that aims to serve as an open-source foundation to build tokenized credit markets.The company said in a blog post that Perimeter can support a variety of credit use cases, including invoice factoring, payroll advances, instant settlement for merchants and

news U.S.-based financial giant Wells Fargo is developing a U.S. dollar-linked stablecoin that will run on the firm’s first blockchain platform. Dubbed Wells Fargo Digital Cash, the tokenized dollar will be used in a pilot initially for internal settlement across the company’s business. The firm said in a press release on Tuesday that the digital…

news WASHINGTON – Facebook CEO Mark Zuckerberg told lawmakers that the company would pull out of the Libra Association in the event the consortium launched its proposed cryptocurrency without all needed regulatory approvals. In a hearing of the House Financial Services Committee Wednesday, Zuckerberg fielded pointed questions on a variety of controversial issues around the…

feature The Takeaway Masterchain, a blockchain project backed by Russia’s central bank, is falling behind on its goals two years after inception. Sberbank, the leading bank in Russia, is unsatisfied with the system’s speed, security and overall efficiency after testing it. The bank is looking to shift its work to other enterprise platforms, Sberbank’s blockchain…

news Distributed ledger technology provider R3 has launched the Corda Settler, an application aimed to facilitate global cryptocurrency payments within enterprise blockchains – and it’s starting with XRP. R3 said XRP is the first globally recognized cryptocurrency to be supported by Settler, bringing the Corda and XRP ecosystems into closer alignment – something of a…

Oct 14, 2020 at 10:00 UTC(Drop of Light/Shutterstock)The World Economic Forum has teamed up with the Global Blockchain Business Council, an advocacy group, to assess the current state of blockchain technology. The Global Standards Mapping Initiative (GSMI), released Wednesday, is the most "comprehensive" attempt so far to survey blockchain technical standards, according to the organizations.The…

Dec 4, 2020 at 12:27 p.m. UTCRussia’s Crypto Community Fears Digital Ruble Plan Means ‘Back to USSR’Russian cryptocurrency and blockchain association (RAKIB) warned the country’s central bank against making its future CBDC too centralized. RAKIB sent a letter to the Bank of Russia Chairwoman Elvira Nabiullina saying that the potential design for digital ruble that…