Data shows that $1,000 intraday surges in Bitcoin price often lead to double digit corrections shortly thereafter. This week Bitcoin price pulled off an incredible rally that appears to have exceeded the expectations of many investors. Data from Cointelegraph Markets and CoinMarketCap shows record trading volume across multiple crypto exchanges occurred as Bitcoin rallied to […]
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In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing. On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges. How the new legislation would change the Cayman Islands’ crypto industry The Virtual Asset […]
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Nasdaq is partnering with the blockchain solution provider R3 to build institution-grade digital assets and marketplaces. The world’s second-largest stock exchange and capital markets technology company, Nasdaq, has entered a partnership with enterprise blockchain solutions platform, R3. R3 announced the partnership on April 29, 2020, stating that Nasdaq will use its blockchain software, Corda, among […]
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Chinese Anhui province gov launches its first blockchain platform. The government of Anhui, a province in eastern China and a part of “Yangtze River Delta Economy Region”, has officially launched its first blockchain platform for providing government services. The launch occurred on April 30, according to local news reports. Starts with local law sector “Blockchain […]
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Fernando Carrillo is looking for opportunities in the crypto sphere after a long-time career acting in TV and film. Long-time Venezuelan actor and singer, Fernando Carrillo, has announced his retirement from acting. He has decided instead to venture into the crypto business. Starting May 1, Carrillo will become the CEO of Fight to Fame, though […]
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CoinCorner reports that Google Ads is running a phishing ad despite the firm being unable to use its service. While Google’s subsidiary, YouTube, is facing a lawsuit for promoting cryptocurrency scams, Google’s advertising platform continues to display fraudulent crypto ads through its advertising network. According to a report by Bitcoin (BTC) crypto exchange, CoinCorner, Google […]
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Sygnum Bank will allow its users to invest in Ripple’s XRP token via their e-banking portal. Sygnum Bank, the first crypto bank licensed by FINMA, announced on April 30 that Ripple’s XRP tokens are now available through its banking services platform. Users can access deposit, exchange, and credit services using the popular digital currency. Based […]
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Blockchain scalability solution Matic launched a privacy-focused coronavirus tracking mobile application. Blockchain scalability solution, Matic, launched a privacy-focused coronavirus tracking mobile application. According to an April 29 announcement, the new app — dubbed Tracy — leverages the Matic network for contact tracing and quarantine management. The solution also uses decentralized data storage solution, MóiBit, to […]
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Cointelegraph joined the Webit Virtual fireside chat with Roger Ver, who believes that cryptocurrency, but not Bitcoin, is the way forward in a post-Coronavirus world. On April 29, Cointelegraph participated in a fireside chat event organized by the Webit Foundation. The panel, with the title of “Can blockchain be a solution for the upcoming economic […]
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Though YouTube has restored many banned crypto channels, CryptosRus remains sidelined with little information. While many other accounts have seen reinstatement shortly following their bans in recent days, YouTube has still not brought the CrytptosRus channel back to life. It has now been three weeks since the channel creator’s original petition for reinstatement. “My channel […]
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