Thailand’s Central Bank Is Developing a Digital Currency Based on R3 Tech

news Update (12:10 UTC, March 7): This article has been updated with statements from a SETL press release received after publication. — London-based blockchain infrastructure company SETL has filed for insolvency, CoinDesk has learned. The news – revealed in a notice of insolvency filed today with the U.K. authorities – comes as something of a shock given that,…

Options trading desks saw heavy buying activity for BTC calls with June expiry.BTC "ready to squeeze higher" with some $1.5 billion worth of shorts concentrated around the $72,000 that can be liquidated, Matrixport noted.Bitcoin (BTC) options traders are increasingly positioning for the asset to hit fresh record prices this month, market data suggests."Our desk saw

news SWIFT, IBM, Ripple and around 100 other firms and organizations have joined a new blockchain association to promote adoption of the technology across the EU. A European Commission initiative, the new group – the International Association of Trusted Blockchain Applications (INATBA) – is launching Wednesday in Brussels, Belgium. INATBA has been set up as…

The industry advocacy group Crypto Council for Innovation will assimilate the Proof of Stake Alliance, and the latter's director will remain with the project. CCI has also hired an advisor in Africa and cemented partnerships with groups based in Japan and the U.K., trying to extend its global reach as jurisdictions everywhere are hatching crypto

You may have heard of Devin, the AI software engineer built by Cognition Labs and its massive $21 million Series A it raised, led by Peter Thiel’s Founders Fund. But did you know that just one and a half years ago, one of its co-founders was presenting his startup idea at an EasyA hackathon at

Jun 26, 2020 at 12:47 UTCUpdated Jun 26, 2020 at 13:25 UTC(maradon 333/Shutterstock)A Key Thesis for Bitcoin’s Long-Term Bull Market Just Got a KnockA popular narrative argues the massive stimulus programs from the Federal Reserve, launched to counter a coronavirus-induced recession, could hyperinflate the economy and fuel a major rally in bitcoin.  However, that bullish…

“If I go out on the street now and ask, 'Hey, what is 100 terawatt hours? What is six gigawatt hours?' people don't know,” said Neumüller in an interview with CoinDesk. “So we have tried to contextualized it in the form of pictures, specifically with the buildings and, of course, the raspberry. This makes these…

The University of Toronto, the largest university in Canada by enrollment, plans to start an independent XRP ledger validator, which primarily processes payments, in a new partnership with Ripple as it seeks to support the next generation of the crypto industry.The move is part of Ripple's University Blockchain Research Initiative (UBRI) in Canada, under which…

Dec 14, 2020 at 12:15 p.m. UTCUpdated Dec 14, 2020 at 12:30 p.m. UTCCoinfloor advert, Kings Cross, London (Coinfloor)Bitcoin Exchanges Flood London’s Metro With Adverts“If you’re seeing bitcoin on the Underground, it’s time to buy,” according to one of the many posters now plastered across London’s vast metro network.In fact, two cryptocurrency exchanges chose to…