UPS Eyes Blockchain in Bid to Track Global Shipping Data
Shipping giant UPS has filed for a new patent that uses blockchain as part of a distributed system for sending packages worldwide.
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Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
BTC is down 3% in the past 24 hours, with ETH, AVAX, LINK and UNI leading altcoin losses. Bitcoin's weekly Bollinger Bands compressed to similar levels seen not just last October, but in other episodes prior to big rallies, crypto trader CryptoCon noted. Altcoin investors face more pain ahead, but Q4 and next year might
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Must Bitcoin ‘Drop Ideals’ of Decentralization to Achieve Mass Adoption?
Can crypto scale and still retain its commitment to individuals holding their own keys? Increasingly it seems like the answer is “no.” As blockchain security firm CertiK pointed out in a recent report, nearly half of the $503 million lost in crypto security breaches this past quarter involved private key compromises.This feature is part of
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Ripple-Backed Crypto Wallet BRD Launches Blockchain Toolbox for Enterprise Apps
Jan 17, 2020 at 16:01 UTCUpdated Jan 17, 2020 at 16:27 UTCMobile wallet provider BRD is making something of a pivot, launching a suite of tools aimed at allowing blockchain developers to more easily build apps for enterprises.Called Blockset, the new offering – announced Friday – is described as a blockchain data integration platform with…
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Citigroup Unveils Token Services for Institutional Clients
U.S. banking giant Citigroup (C) has started a tokenization service for cash management and trade finance for institutional clients using blockchain technology and smart contracts, the bank said Monday.The smart contracts serve the same purpose as bank guarantees and letters of credit, the bank said.In a pilot, the bank worked with shipping company Maersk and
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First Mover Americas: FTX Proposes Returning Up to 90% of Customer Funds
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBankrupt crypto exchange FTX floated an amended proposal to return up to 90% of creditor holdings held at the exchange before it went bust last November.
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Binance US Now Offers Staking Rewards for These Two Cryptocurrencies
Jan 29, 2020 at 14:00 UTCUpdated Jan 29, 2020 at 14:46 UTCBinance US CEO Catherine Coley speaks at Invest: NYC 2019. (Photo by Zack Seward for CoinDesk)Binance US has joined other major exchanges in the staking game, adding staking rewards for cryptocurrencies algorand (ALGO) and cosmos (ATOM).Announced Wednesday, the exchange said returns will be given…
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First Mover Americas: Bitcoin Busts Through $26K
Bitcoin, the world’s largest cryptocurrency, is back trading above $26,000 for the second time this week, up 7.5% in the last 24 hours. The coin has been trading between $24,000 and $26,700 over the past week. Investors who went away for a while are back and adding bitcoin, according to Alex Thorn, head of firmwide…
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Pakistan High Court Grants Commission to Weigh Crypto Legality in Sindh Province
A high court in Pakistan has approved a committee to explore whether cryptocurrencies are advisable under the country’s legal system, according to a report Friday by The News International.The High Court of Sindh, the peak judicial body in the southeastern province of Sindh, granted permission for the committee to consider crypto trading and report its…