DLT Platform Hedera Hashgraph Raises $100 Million

Financial markets have been shaken in the past week following a series of bank collapses, providing a perfect setting for the decentralized financial system to stand out as an alternative, and for a continued advance in cryptocurrency markets, Bernstein said in a research report Saturday.

feature The Takeaway: Experts say Hamas is now using bitcoin for cross-border fundraising at an unprecedented rate. Still, even the largest estimates of terror financing in the region are apparently dwarfed by civilian bitcoin usage in the Gaza Strip, local experts tell CoinDesk. General awareness in Palestine of bitcoin and ethereum has increased since 2018.…

Nov 24, 2020 at 5:15 p.m. UTCBlockchain Bites: Ethereum 2.0 Deposit Contract Fully Loaded, IRS Sends Befuddling Letters – AgainMore than 500,000 ETH have been locked and loaded into Ethereum 2.0’s deposit contract, kick-starting the network’s major, multi-year development phase. JPMorgan analysts say institutions are piling into bitcoin. And the IRS has again sent out…

feature Simon Johnson is a Ronald A. Kurtz Professor of Entrepreneurship, MIT Sloan School of Management. The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of CoinDesk’s Consensus 2019 event. The promise and potential of bitcoin as a technology is frequently described in terms of a platform. On top of bitcoin’s permissionless…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Elizabeth Napolitano is a news reporter at CoinDesk. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Avalanche’s AVAX token has rallied 2% over the past 24 hours after the layer 1 protocol’s Cortina…

Nov 24, 2020 at 6:08 p.m. UTCIn Her Own Words: Here’s What Janet Yellen Has Said About BitcoinFormer Federal Reserve Chairman Janet Yellen is likely to become the next U.S. Treasury Secretary. The Wall Street Journal reported Monday that President-elect Joe Biden plans to nominate Yellen in the coming days, positioning the longtime economist to succeed…

news Bithumb Global has launched a native coin for Bithumb Chain, the exchange’s custom blockchain. Launched under the “BT” ticker, Bithumb Coin will work as a medium of exchange for the ecosystem, the company told CoinDesk in a statement Tuesday. The Bithumb Chain itself is expected to launch sometime in the first quarter of 2020.…

news Three of Ireland’s “Big Four” banks are using blockchain tech to verify employees’ credentials. The Bank of Ireland, AIB and Ulster Bank are using a blockchain solution from Deloitte for the pilot initiative, news outlet Fora reported Thursday. The solution, said to be the “first of its kind” in the European financial services industry, has…

news Red Cat, a maker of data recorders for drones, has partnered with GoChain, a decentralized-web and cryptocurrency startup, to store flight information on a blockchain. Today, Red Cat announced a deal with GoChain, an enterprise blockchain and cryptocurrency company. The partnership will move Red Cat’s drone data analytics and services onto GoChain’s blockchain. By…