Czech National Bank governor weighs Bitcoin for future reserve strategy

North America’s largest branded shelf-stable seafood firm Bumble Bee Foods has launched a blockchain platform for seafood traceability. The project was created in collaboration with German tech company SAP specializing in enterprise software, according to a press release on March 8.Based on SAP Cloud Platform Blockchain service, the new platform can purportedly monitor the supply…

Crypto lending firm BlockFi had roughly $1.2 billion in assets tied to FTX and Alameda Research when the firm filed for bankruptcy in November 2022. 297 Total views 1 Total shares Zac Prince, the CEO of bankrupt cryptocurrency lending firm BlockFi, allegedly disregarded recommendations from the company’s risk management team over lending assets to Alameda…

Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network's August 4 London hard fork approaches.Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges' reserves has hit new daily lows since the start of July.Ethereum…

Bitcoin price faces strong resistance at $9,000 but if the upsurge continues post-halving, BTC could reach new range highs. 2380 Total views 38 Total shares The Bitcoin (BTC) block reward halving is set to occur on May 12 and traders have mixed opinions on the direction of BTC price following the event. Some believe that…

An innovation using the cellular network (GSM) could onboard millions of Bitcoin (BTC) users previously unreachable by the internet-dependent Bitcoin protocol. Built by South African developer Kgothatso Ngako, the new SMS-based service is named Machankura, a slang South African word for money.KG, as he’s known to his friends, spoke to Cointelegraph from Pretoria, South Africa, about…

Bitcoin’s dominance has fallen to a 12-month low despite its recent rally, signaling renewed strength in the altcoins markets. Bitcoin’s (BTC) dominance relative to altcoins has fallen to its lowest point in 12 months, with the leading cryptocurrency representing 61% of the $359.5 billion combined cryptocurrency capitalization.Bitcoin’s dominance has slid from more than 67% as…

Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity. 537 Total views 3 Total shares Own this piece of history Collect this article as an NFTWeChat, China’s leading social networking and payment app, has added the country’s central bank digital currency (CBDC), to its payment…

Dunamu reported a net profit of $23 million in the third quarter of 2023, a steep drop compared to the $123 million it earned in Q3 2022. 261 Total views 2 Total shares Dunamu, the owner of Upbit, one of South Korea’s biggest crypto exchanges by trading volume, saw a drop of 81.6% in net

The crypto market is up today as crypto traders anticipate a Trump victory in November following a failed assassination attempt on the former president.