DZ Bank partners with Boerse Stuttgart for crypto trading
The partnership will bring cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout planned for late 2024.
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On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level in 10 weeks. All of this changed in a matter of hours as soon as BTC broke through the $11,000 resistance.Whenever Bitcoin's volatility gets too…
JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI
A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of…
Steven Kokinos shifts to Algorand advisory role as company appoints interim CEO
Former Algorand CEO Steven Kokinos said he will stay on as a senior advisor and be involved in “key projects” related to scaling adoption until 2023. 448 Total views 22 Total shares Blockchain protocol Algorand’s chief executive officer Steven Kokinos has announced he will be leaving his position to focus on projects related to scaling…
Crypto News From Brazil: Week in Review
Last week, Brazilian authorities took regulatory action against crypto-related businesses and several alleged cryptocurrency scams. Earlier this month, legal requirements for crypto-related business tightened in the country, when Brazil’s tax authority, the Department of Federal Revenue (RFB), introduced strict reporting requirements for crypto transactions. Police search Grupo Bitcoin Banco with alleged excessive forceThe Military Police of…
Bitcoin options: How to play it when BTC price moves up or down 10%
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WEF 2022: Ripple SVP says crypto winter provides an opportunity to build
Ripple SVP Brooks Entwistle said that the crypto winter has happened before and will “happen again,” and that people should focus on building instead. 384 Total views 5 Total shares Cointelegraph's editor-in-chief Kristina Cornèr interviewed Brooks Entwistle, Ripple’s senior vice president (SVP) for global customer success at the World Economic Forum (WEF) at Davos, Switzerland,…
Are the BZx Flash Loan Attacks Signaling the End of DeFi?
Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000 was gleaned from the platform. But what exactly happened? Was it an exploit, a simple case of arbitrage or a malicious attack? And where does…
New York coin launching this week with Mayor-elect Eric Adams’ blessing
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