Crypto stocks close on huge gains riding Donald Trump’s US election win

Over 10,000 Redditors have signed up for the platform’s ETH-based rewards, however, 75% of them are Fortnight players. 2423 Total views 68 Total shares Within days of launching on the Rinkeby testnet, Reddit’s Ethereum (ETH)-based Community Points rewards system has seen more than 10,000 addresses created.Reddit’s points were rolled out across two subreddit communities pertaining…

The commercial, state-backed Bank of China (BOC) and financial services corporation China UnionPay (CUP) have entered into a partnership, according to an August 15 announcement. Per the terms of the agreement, the two parties will jointly explore blockchain technology applications for payment system development. The partnership comes in response to market demand and regulatory requirements,…

The ecosystem is gaining momentum as demand for nonfungible tokens and blockchain-based social communities continue to grow. 429 Total views 5 Total shares Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators. The grants program will be…

The spot exchange-traded funds will be denominated in the United States dollar, Hong Kong dollar, and Chinese yuan.

Lithuanian authorities held a seminar examining the “threats and potential benefits” of Initial Coin Offerings (ICO) to the country’s economy, a press release reported Wednesday, October 3, amid an ongoing investigation into cryptocurrency trading habits.The Financial Crime Investigation Service (FCIS) organized the meeting, which included representatives from government ministries, the central bank, and the General…

Microsoft, major game developer Eidos and gamebook firm Fabled Lands are jointly developing a blockchain card game based on a 1980s best-selling gamebook.According to a press release published on Dec. 1, the new card game will be based on the 1980s best-selling book called “The Way of the Tiger,” written by Jamie Thomson and Mark…

The price of Bitcoin (BTC) has reclaimed $15,500 on Nov. 11 after whales sold the highest amount of BTC since March. In past cycles, the dominant cryptocurrency typically rallied after a sell-off from whales.On March 12, for instance, the All Exchanges Inflow Mean (MA7) indicator hit 3. At the time, BTC declined to as low…

After Danish logistics firm Maersk terminated its blockchain-based supply chain platform last year, industry builders have not given up on blockchain applications in global trade.Hong Kong-based Global Shipping Business Network (GSBN), a non-profit consortium focused on blockchain trade applications, is bullish on blockchain as a crucial logistics tool in the long term.According to a report…

As 2020 staggers on, the scourge of the coronavirus is showing no sign of relenting any time soon. Since the reality of the pandemic took hold, it has revealed itself to be a black swan the likes of which have never before been seen.Cryptocurrencies suffer from volatility in the best of times, and markets have…