R3 and global IT firm Wipro have developed a blockchain solution prototype to enable a CBDC for interbank settlements in Thailand. Blockchain consortium R3 and global IT leader Wipro Limited have developed a blockchain solution prototype to enable digital currency for interbank settlements in Thailand, according to a press release from May 7. The release […]
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HBUS has announced the appointment of Oren Blonstein as its vice president of product and technology. HBUS, the operator of United States-based crypto exchange Huobi.com, has announced the appointment of technology and financial services veteran Oren Blonstein as its vice president of product and technology. The development was revealed in a press release shared with […]
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The Decentralized Autonomous Organization behind the DAI stablecoin announced a critical security update to its governance contract. MakerDAO, the Decentralized Autonomous Organization (DAO) behind the DAI stablecoin, announced a critical security update to its governance contract in a Reddit thread published on May 6. Per the announcement, during the second round of security audits part […]
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Following the report of Fidelity soon launching bitcoin trading for institutional clients, crypto markets rallied to break new 2019 highs. Tuesday, May 7 — following some moderate losses yesterday, the crypto markets have rallied to break new 2019 highs today, with bitcoin (BTC) inching close to $6,000. All the top 20 coins by market cap […]
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Microsoft’s development kit is designed to aid developers using the newly-released Azure Blockchain Service. Microsoft has released the new Azure Blockchain Development Kit for the Ethereum blockchain, according to an announcement from Microsoft Azure blog Build Azure on May 6. The new offering is reportedly an extension to Microsoft’s source-code editor Visual Studio Code, and […]
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Judge Joel M. Cohen refused to dismiss the court order entirely, but took aim at the “amorphous and endless” nature of its accusations. The New York Attorney General cannot bring the full force of its court order against cryptocurrency exchange Bitfinex and stablecoin Tether (USDT), cryptocurrency news media outlet CoinDesk reported, quoting a judge on […]
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Tether, Bitfinex fight back against New York attorney general’s legal claims, as the stablecoin maintains stability. Tether has been one of the most controversial topics in the cryptocurrency community over the last two years — and things have come to a head over the past few weeks. The wider crypto community has been skeptical of […]
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The Ethereum startup is hoping to galvanize itself following a difficult period amid plans to raise $200 million. New York-based blockchain company ConsenSys is restructuring its various operations to shore up its market presence as it seeks $200 million in funding, a press release confirmed on May 6. In a move which will also see […]
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Ant Financial has participated in a $10 million Series A round and partnered with QEDIT. Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, has participated in a $10 million Series A round for QEDIT, an Israeli blockchain privacy solutions firm that develops zero-knowledge proof (ZKP) technology. The news was reported by Israeli daily […]
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Bitcoin developer Pieter Wuille has unveiled two proposals on GitHub for a Taproot soft fork to address privacy issues. Bitcoin (BTC) developer Pieter Wuille has unveiled two proposals on GitHub for a Taproot soft fork in a message to the bitcoin-dev mailing list on May 6. Taproot is a solution that aims to combine the advantages […]
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