Only 12.7% of crypto wallets report profits on Polymarket

British financial software firm Finastra has signed three global banks on its R3 Corda blockchain-based syndicated loans platform, the firm officially announced on May 14.France-based banking institutions BNP Paribas, Natixis, and Societe Generale have officially joined Finastra’s syndicated lending platform Fusion LenderComm, following previous pilots back in 2017.Based on blockchain consortium R3’s open source blockchain…

Global blockchain spending will account for almost $2.9 billion in 2019, which is an 88.7 percent increase from 2018, according to a new report from United States-based market research firm International Data Corporation (IDC). Published on March 4, IDC's Worldwide Semiannual Blockchain Spending Guide provides analysis of blockchain developments in various segments.According to the report,…

Bitcoin (BTC) and the wider cryptocurrency market are taking a breather after the rally on May 31. Meanwhile, most altcoins remain severely oversold, with most between 70% and 90% below their all-time highs. Total altcoin index capitalizationWhat is clear is that fear is everywhere and blood is in the water. Risk-on markets are suffering worldwide, but…

Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month. 2235 Total views 14 Total shares While many decentralized finance (DeFi) tokens suffered heavy losses last month — prompting hastily written obituaries about the DeFi “bubble” — metrics measuring user activity saw sustained sector-wide growth.According to…

An article published by Yonhap suggests that South Korean merchants are open to accepting digital yuan as a payment method in the near future. 511 Total views 10 Total shares South Korean media outlets suggest that local merchants could accept the upcoming digital yuan as a payment method once the COVID-19 pandemic passes, and Chinese…

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Dominik Schiener, a co-founder of the Iota Foundation, a nonprofit organization, and the creator of the Tangle, a permissionless, multi-dimensional…

Major EDM record label Monstercat sees NFTs as a new way to provide alternative revenue streams. 1791 Total views 11 Total shares Major EDM record label Monstercat has highlighted how non-fungible tokens, or NFTs, can be a successful new revenue stream for artists and the music industry, generating $180,000 in the first two minutes of…

Blockchain startup BitFury launched an artificial intelligence (AI) unit, Reuters reports on Aug. 13.“Data is the new oil”Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company’s dive into AI is motivated by the need to analyze and extract information from great quantities of data. He reportedly noted that data is becoming…