WeChat Eyes Blockchain for Faster Corporate Expense Refunds

news Cryptocurrency mining giant Bitmain may be about to appoint an existing executive to lead the firm as its new CEO. A South China Morning Post report citing people with “knowledge of the matter” said Thursday that the “potential successor” of the firm’s current co-CEOs Jihan Wu and Micree Zhan is Haichao Wang, currently Bitmain’s director of…

Photo by rupixen.com on UnsplashIs Bitcoin More Like Gold or Equities?In the recent market turmoil, bitcoin did not act like the uncorrelated asset many thought it was. Nor did gold. As things calmed down a bit (or as we got used to the new volatility), gold resumed its upward climb. But there are problems.It turns…

Tether, issuer of the world's largest stablecoin, said that it will stop minting the dollar-linked USDT token on the Algorand and EOS blockchains as part of a "strategic transition to prioritize community-driven blockchain support."The project aims to "strike a balance between maintainability, usage and community interest," Tether said Monday in a blog post.New USDT will

Feb 6, 2020 at 13:38 UTCUpdated Feb 6, 2020 at 13:46 UTCJustin Sun finally had his $4.5 million charity dinner with Berkshire Hathaway chief Warren Buffett last month. (Image via Justin Sun's Twitter)Justin Sun and Warren Buffett discussed cryptocurrencies over dinner, six months after Sun canceled the original event claiming he had kidney stones.The TRON…

feature China’s recent multi-front embrace of blockchain technology has divided the global cryptocurrency community. While some see it as helpful validation, others worry that crypto is diverging further from its anti-authoritarian roots. Authorities in China have long discouraged investment in grassroots cryptocurrencies like bitcoin. But the world’s most populous country is making significant progress with…

news What do you get when you give a bunch of crypto fans a bunch of beer and pizza? If you answered “an amazing meetup featuring devs and explorers from all over the world,” then you’re absolutely correct. We held our second On Tap meetup in Tokyo and spent hours talking shop, drinking beers, and…

CACEIS, the asset servicing arm of banking giants Crédit Agricole and Santander, has been registered by French regulators to provide crypto custody services.CACEIS Bank, which provides services to asset managers such as insurers, pension funds and private equity, was registered by France’s Financial Markets Authority (AMF) as of Tuesday June 20, according to the regulator’s…

Ether (ETH) prices might gain in the coming weeks after crypto lender Celsius, which is restructuring in bankruptcy proceedings, said it will unstake its holdings of the second-largest cryptocurrency, removing a factor that may have contributed to the token’s underperformance in recent months.The company, which is converting to become a bitcoin miner, had previously said

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience includes research and analysis of individual cryptocurrencies, defi protocols, and crypto-based funds. He owns BTC, ETH, UNI, DOT, MATIC, and AVAXNick…