A significant number of enterprises have moved from PoCs to fully developed open source projects in blockchain. Blockchain startups have raised $822 million in 279 separate venture capital (VC) deals in H1 2019, according to a report by American venture platform Outlier Ventures released on July 7. According to the research, titled “State of Blockchains […]
Continue Reading
SK Group’s chairman Chey Tae-won expressed interest in blockchain and token economy at a recent startup event in Seoul South Korea’s largest telecom and the third top conglomerate SK Group has invested $10 million in major global blockchain firm ConsenSys, according to a report by local news agency Chosun on July 2. Worth noting is […]
Continue Reading
Swiss-headquartered food retail giant Nestlé announced its intention to track its products along the supply chain with blockchain technology. Swiss-headquartered food retail giant Nestlé announced its intention to track its products along the supply chain with blockchain technology in a press release published on July 2. The project is jointly pursued with OpenSC. As Cointelegraph […]
Continue Reading
Zimbabwean and South African bitcoin traders are facing a major surcharge on the coin. Bitcoin traders in Zimbabwe and South Africa are seeing skyrocketing premiums on their bitcoin (BTC), according to a report from financial news outlet Fxstreet on July 2. Amid new capital controls in South Africa and Zimbabwe’s recent ban on local trading […]
Continue Reading
Bitcoin mining operator Argo is seeing soaring profits in line with the current bitcoin bull market. United Kingdom bitcoin (BTC) mining operator Argo Blockchain surpassed its own expectations in Q2, the company said in a new report released on July 2. Argo, which previously said it had benefited from the upturn in bitcoin prices, said […]
Continue Reading
The current bitcoin-tether relationship continues a standard historical trend, Jesse Powell told the media. Bitcoin (BTC) is benefitting from inflows of fiat currency as stablecoin Tether (USDT) increases its supply, the CEO of cryptocurrency exchange Kraken told finance news channel TD Ameritrade Network on July 1. In an interview, Jesse Powell took issue with suspicions […]
Continue Reading
Binance is launching a futures trading platform for BTC/USDT initially with up to 20x leverage. Changpeng Zhao, CEO of top crypto exchange Binance, has revealed the company plans to launch a futures trading platform, with initial support for BTC/UTSDT contracts at a leverage of up to 20x. The CEO made his announcement during a keynote […]
Continue Reading
Increased public awareness of Libra will inevitably flow into bitcoin, while banks will seriously suffer, say two new commentators. Facebook’s new cryptocurrency project really can boost bitcoin (BTC), new sources, among them a report from equity research platform Seeking Alpha, said this week. Capitalizing on existing theories about the social media giant’s Libra protocol, the […]
Continue Reading
Bitcoin blockchain infrastructure firm Blockstream has launched a new tool allowing to execute atomic swaps on the Liquid network. Blockchain infrastructure firm Blockstream has launched a new tool that allows users to execute atomic swaps for all assets supported by the Liquid network, according to an announcement published on July 1. The Liquid Network is […]
Continue Reading
Bitcoin price broke under $10,000 earlier this morning as the short-term market trend remains bearish. Monday, July 1 — Bitcoin (BTC) lost its grip on the $11,000 price mark earlier today to sink below $10,000 at press time. The leading cryptocurrency has pulled other top-20 coins down, with none of them reporting gains, according to […]
Continue Reading