XRP hits 7-year peak amid bullish sentiment, FTX plans payouts: Finance Redefined
FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations.
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Bitcoin prepares for $50K showdown as futures traders turn ‘modestly bearish’ on BTC
Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Modestly bearish" signs accompany $50,000 run-upData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp Sunday — itself a three-month record.The weekend had proven the staying…
South Korean Biotech Firm to Use Blockchain for Genomic Big Data Ecosystem
Public South Korean biotech enterprise Macrogen, the country’s leading gene sequencing service provider, is developing a genomic big data blockchain-based platform together with local tech firm Bigster, according to an August 6 press release. The new partnership will leverage blockchain tech to create a medical big data ecosystem that would allow for both the secure…
Cathie Wood: BTC investors shouldn’t transact until tax code changed
Selling or transacting your Bitcoin isn’t worth the tax burden, according to the CEO of Ark Invest. 1036 Total views 8 Total shares Cathie Wood, the founder and CEO of Ark Invest, is cautioning investors not to sell or transact their Bitcoin (BTC) until the United States Internal Revenue Agency, or IRS, introduces more sensible…
Binance Chain Releases White Paper for a Smart Contract-Enabled Blockchain
Binance Chain developers have proposed specifications for a new blockchain that would enable complex smart contract functionality within the Binance Coin (BNB) ecosystem. The specifications are available in its white paper, released on April 17.The new Binance Smart Chain will be independent, but tightly integrated with the original Binance Chain. The team explains that it…
Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal
Pertsev’s case is a pivotal moment for the crypto community and advocates of digital privacy.
Swedish pension fund Alecta dumps First Republic Bank shares after price plummets
The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great. 13 Total views 1 Total shares Own this piece of history Collect this article as an NFTPrivate Swedish pension fund Alecta has sold its shares in First Republic Bank, the American bank struggling to…
Ethena’s ENA token rallies on USDe integration by Deribit
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.
Standard Chartered, Siemens Partner on Blockchain Pilot to ‘Fully Digitize’ Bank Guarantees
UK multinational banking and financial services company Standard Chartered (SC) disclosed it is working on a blockchain pilot for bank guarantees using R3 Corda blockchain technology in a press release Thursday, August 30.In partnership with Siemens’ financing arm Siemens Financial Services (SFS) and trade finance platform TradeIX, the pilot began operating in March and aims…