Ethereum price recovery from 8-month low could take longer than expected — Analysts
Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.
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Texas objects to Voyager-Binance.US deal, court filing shows
Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors. 204 Total views 2 Total shares Own this piece of history Collect this article as an NFTTexas' State Securities Board and the Department of Banking are objecting to a proposed deal between Binance.US and bankrupted crypto lender…
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Ripple Partners With Three Crypto Exchanges as Part of XRapid Solution
Ripple has added three cryptocurrency exchanges to its cross-border payments settlement product, according to a press release published August 16. Ripple has partnered with U.S.-based Bittrex, Mexican Bitso, and Philippine Coins.Ph cryptocurrency trading platforms within its initiative to build a “healthy” ecosystem of digital asset exchange. The new partners will enable Ripple’s xRapid payments solution…
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Chinese Gov’t Hackers Are Targeting Crypto Companies: Report
Chinese state hackers are performing attacks against cryptocurrency and video game enterprises, cybersecurity company FireEye claims in a report published on Aug. 2.Chinese government facilitating hacking operationsPer the report, Chinese state espionage cyber unit APT41 “targets industries in a manner generally aligned with China's Five-Year economic development plans.” Still, FireEye researchers claim that “the group…
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12 factors VCs should focus on when vetting crypto and blockchain companies
Venture capitalists may be wary of the crypto and blockchain industry at the moment, and it’s not without reason. However, the highly publicized bad actions of a few shouldn’t keep VCs from spotting the real potential that well-run businesses in the sector can offer. As with investments in any industry, conducting thorough research and asking…
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Crypto businesses will be rewarded over the long term, says Voyager CEO
"Crypto is becoming more and more of a long-term safe haven for future generations," says Voyager Digital CEO Stephen Ehrlich. Running crypto businesses is a difficult journey that is not for the faint of heart. However, according to Stephen Ehrlich, the co-founder and CEO of Voyager Digital, patience is the key, and the rewards will…
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The National Bank of Cambodia Will Launch a Digital Payments Network This Quarter
The National Bank of Cambodia’s new digital currency is called Bakong. It’s effectively a central bank digital currency (CBDC) that was launched on a trial basis throughout Cambodia in July. Chea Serey, director-general of the National Bank of Cambodia, said the system will be operational within the present fiscal quarter. Serey described Bakong as “the national…
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China: Central Bank’s Blockchain Trade Finance Platform Pilots in Shenzhen
A new trade and finance blockchain platform, backed by the People's Bank of China (PBoC), has started official pilot operations in Shenzhen, local news outlet 21jingi reports September 12.The “Guangdong, Hong Kong and Macao Dawan District Trade Finance Blockchain Platform” aims to provide a blockchain-powered ecosystem for cross-border trading across Guangdong, Hong Kong, and Macau…
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Wall Street Blockchain Alliance Joins Enterprise Blockchain Consortium R3
The Wall Street Blockchain Alliance (WSBA) has joined blockchain consortium R3 to develop applications and solutions on their Corda platform, a Feb. 5 press release reports.According to a statement made by the CEO of R3, David E. Rutter, the WSBA and R3 will collaborate in order to “advocate a strategic approach to collaborating with regulatory…