American e-commerce giant Overstock.com has appointed Jonathan Johnson as the company’s new chief executive officer. American e-commerce giant Overstock.com has appointed Jonathan Johnson as the company’s new chief executive officer, according to an announcement on Sept. 23. Johnson has served as an interim CEO of Overstock since the end of August when Patrick Byrne stepped […]
Continue Reading
The EOS network performed its first hard fork earlier today; its EOSIO v1.8 is live with 29/30 block producers confirmed as upgraded. EOS, the seventh-largest cryptocurrency by market capitalization, performed its first hard fork earlier today. The EOS update tracking tool maintained by the chain’s block producer, EOSNation, reports that EOS block producers (BP) signaled […]
Continue Reading
Philipino lawmakers should not be in a hurry to pass financial technology regulation, according to local Senator Grace Poe. Philippine Senator Grace Poe said that local lawmakers should not be in a hurry to pass financial technology (fintech) regulation. Local news outlet Rappler reported on Sept. 23 that Poe made her remarks after a hearing […]
Continue Reading
Samsung’s entry into the crypto mining industry could disrupt the entire ecosystem if its latest patent comes to life. Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though few details are known about the newly designed system, a surge in patent applications filed by […]
Continue Reading
After the launch of Bakkt’s Bitcoin futures, the firm listed three reasons why the event is an important milestone for the industry. Following the launch of Bakkt’s Bitcoin (BTC) futures, the company listed three reasons why the event is an important milestone for the industry. In a statement on Sept. 23, Bakkt CEO Kelly Loeffler […]
Continue Reading
The Central Bank of Brazil considers crypto assets in the trade balance, following part of the IMF’s guidelines. Cross-border transactions on crypto assets are already relevant and have already had a considerable impact on the domestic economy of some countries. For example, last month, the Central Bank of Brazil (BACEN) reviewed the Brazilian Trade Balance […]
Continue Reading
“Our clients are ready to work with” Facebook on Libra, said IBM’s general manager of blockchain services Jason Kelley. Technology behemoth International Business Machines (IBM) is open to working with Facebook on its Libra stablecoin, CNBC reported on Sept. 23. IBM’s general manager of blockchain services Jason Kelley said that the company is looking to […]
Continue Reading
Binance announced the launch of three new trading pairs with Tezos, including Bitcoin, Tether and Binance Coin. Binance CEO hinted at staking Tezos (XTZ) as the major crypto exchange listed the cryptocurrency for trading on its platform. XTZ deposits are now live On Sept. 23, Binance officially announced the listing of Tezos, launching three new […]
Continue Reading
OKEx, a cryptocurrency exchange, announced that it plans to host Tether (USDT) futures margin trading starting in October. Cryptocurrency exchange OKEx plans to launch Tether (USDT) futures margin trading in October, the firm confirmed in an email to Cointelegraph on Sept. 23. An OKEx spokesperson said that Tether futures are scheduled to be launched next […]
Continue Reading
Fears of recession. Political uncertainty. Hyperinflation. What are the chances and challenges for crypto and blockchain during the current economic turmoil? Everywhere you look these days, there’s turbulence in the economy. A bitter trade war is seeing the United States and China slap ever-increasing tariffs on goods on a tit-for-tat basis. Over in the United […]
Continue Reading