Ford, Toyota double down on blockchain as driverless car tech stagnates
The automakers led the field in blockchain technology patent filings for Q2 2024.
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BitMEX Launching Services for Corporate Customers
Crypto derivatives giant BitMEX announced it would be launching corporate services for customers at the exchange. 431 Total views 22 Total shares Hong Kong-based cryptocurrency derivatives exchange BitMEX is launching a new program with benefits for its corporate clients including enhanced security service, and accounting.According to a June 22 announcement on BitMEX’s support page, the…
DeFi’s money markets are finally luring in institutional investors
Bitcoin’s bull run from last year has caused even some of its biggest skeptics to soften their stance. From economists to hedge fund managers, the world is opening itself up to technology, and at the center of this movement is decentralized finance, or DeFi. While the market capitalization of all cryptocurrencies has hit $2 trillion,…
Japanese Investors Rushed To Buy The Dip After Bitcoin Bloodbath
The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath. The March 12 meltdown saw the price of Bitcoin (BTC) drop to a new 2020 low at $3,775. An official blog post by bitbank market analyst Yuya Hasegawa reveals that Bitcoin trade…
Concerns around data privacy are rising, and blockchain is the solution
Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure.As data privacy pressure on Big Tech increases, these companies are starting…
JPEX scandal: Taiwan determines new suspects in alleged fraud — Report
Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud. 45 Total views 1 Total shares The saga of the imploded cryptocurrency exchange JPEX continues to develop as Taiwanese prosecutors have reportedly found new alleged suspects.The Taipei District Prosecutors Office (TDPO) requested Chang Tung-ying, the
Bitcoin price clings to $20K as analyst says Fed ‘buried’ soft landing
Bitcoin (BTC) fluctuated around the key $20,000 mark into Aug. 31 as the outlook on United States inflation darkened.Data from Cointelegraph Markets Pro and TradingView showed BTC/USD again dipping below last halving cycle’s top overnight, only to regain lost ground to circle $20,300 on the day.The rangebound moves accompanied modest recoveries for U.S. stocks, with…
Crypto Biz: Stablecoins are paving the way for mass adoption of crypto, June 2–8
Checkout.com, FTX, PayPal and Crypto.com headline the latest business news from the world of cryptocurrency and blockchain. 222 Total views 23 Total shares Stablecoins are a controversial subject in crypto. Questioning the legitimacy and backing of Tether (USDT) is a right of passage for many entering the crypto market for the first time. The meltdown…
Bitcoin hits $51K as short-term bull case strengthens amid weakening dollar
The U.S. dollar index (DXY) is showing signs of a short-term top as the price of Bitcoin (BTC) demonstrates signals of a short-term rally.There is a narrative that the price of Bitcoin often coincides with a drop in the value of the dollar.Since stores of value, like gold and Bitcoin are priced against the dollar,…