South Korea Budgets $880 Million for Tech Including Blockchain

MicroStrategy (Nasdaq: MSTR), the business-intelligence software company that holds so much bitcoin on its balance sheet that it’s become something of a proxy for the world’s biggest cryptocurrency, said it added almost 9,000 bitcoins to its holdings in the the third quarter, bringing its total to 114,042.The company said it purchased the bitcoin by “successfully…

CoinDesk is monitoring the U.S. election, following candidates for the Senate and House of Representatives in addition to the Presidency. The list below includes a number of lawmakers important to the crypto space, whether they be politicians who are proponents of innovation and light-touch regulations, or those who have dismissed the cryptocurrency space or come out…

Jun 17, 2020 at 09:30 UTCThe Thai Ministry of Finance announced the sale of cheap savings bonds via a blockchain enabled wallet, on Tuesday. (Credit: Aquatarqus/Shutterstock)Thailand to Raise $6.4M With Sale of Blockchain-Based BondsThe Public Debt Management Office (PDMO) within Thailand’s Ministry of Finance has announced it plans to sell 200 million baht ($6.42 million)…

A U.S. Navy command is exploring the potential of blockchain technology in tracking aircraft parts. The Naval Air Systems Command (NAVAIR) – which provides material support for aircraft and airborne weapons systems for the navy – announced in a press release Friday it is investigating whether blockchain could trace parts through their life-cycle more efficiently and cost-effectively…

opinion John Biggs is CoinDesk’s multimedia editor. The views expressed here are his own. Bitcoin just turned 11 and it’s worth looking at what this technology has achieved. First, some context. Facebook is 14 while Twitter is 13. Linux is 28. The World Wide Web – the network you’re reading this on – is 30.…

Bitcoin remains volatile, but some market calm is expected soon.Traders are pricing out the possibility of an ether ETF anytime soon, QCP Capital says.Bitcoin (BTC) tested $66,000 during the Asian trading hours on Friday, as market observers expect the leading cryptocurrency to face more volatility ahead.“Bitcoin remains volatile with the drawdown of 10% we saw

Bitcoin-focused payments application Strike is expanding its services to the African continent, Jack Mallers, the company's founder and CEO, announced in a blog post Tuesday."Today, we are launching Strike Africa, expanding our full suite of Bitcoin services into Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda and Zambia with more African markets to come in

The Federal Reserve has plenty of room to start cutting interest rates. Most investors don’t understand the real dynamic behind central bank interest-rate policies. But these drivers are key for setting the price of risk assets like cryptocurrencies and stocks higher and lower. The consensus view of Wall Street is that the Federal Reserve will

news The U.S. House of Representatives is launching a new task force aimed specifically at financial technology – including blockchain. The new task force, referred to as the FinTech Task Force, was established by the House Financial Services Committee by a voice vote Thursday, and will examine blockchain and cryptocurrency tools, among others. The task force…