Virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction. Tuesday, June 4 — virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction, with bitcoin (BTC) dropping back below the $8,000 price point, as Coin360 data shows. Market visualization courtesy of Coin360 Having bullishly […]
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Binance is currently testing a British pound stablecoin on its native blockchain, Binance Chain. Major cryptocurrency exchange Binance is apparently testing a British pound stablecoin on its native blockchain, Binance Chain, according to a Twitter post on June 3. Twitter user CryptosBatman noticed that the listing “$BGBP” appeared on the Binance platform. Screenshot of stablecoin […]
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Analytical firm Delphi Digital has called bitcoin the “King of the Assets Class Hill” due to the coin’s outperformance in recent months. Analytical firm Delphi Digital has called bitcoin (BTC) the “King of the Assets Class Hill” due to the coin’s outperformance in recent months, the Next Web reported on June 3. Delphi Digital based […]
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The number of open contracts for CME bitcoin futures is reportedly at an all-time high. The number of open contracts for the Chicago Mercantile Exchange’s (CME) bitcoin (BTC) futures is reportedly at an all-time high, cryptocurrency news outlet Coindesk reported on June 3. According to visible data released by the United States Commodity Futures Trading […]
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The Supreme Court of Israel says Leumi Bank cannot block Bits of Gold’s account due to regulatory concerns, setting precedent for other crypto organizations. The Supreme Court of Israel has declared that Leumi Bank cannot block the cryptocurrency exchange Bits of Gold’s account on the grounds of regulatory concerns, according to a report by Finance […]
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Blockchains, LLC, has acquired slock.it, a small blockchain development team that created The DAO. United States-based blockchain incubator and investment firm Blockchains, LLC, has acquired the German Ethereum dev team slock.it, according to a press release on June 3. Slock.it’s team is reportedly around three dozen large, and is known for its creation of the […]
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Indian police have discovered an alleged multi-million dollar cryptocurrency scam involving a BitConnect promoter. Indian police have reportedly discovered an alleged multi-million dollar cryptocurrency scam, involving a BitConnect promoter, local media outlet the Times of India reported on June 3. The Criminal Investigation Department (CID) in Gujarat, India, has accused Divyesh Darji — a promoter […]
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Tech startup Fluree has raised $4.7 million in its first funding round for a blockchain-based database system, FlureeDB. North Carolina-based Fluree has raised $4.7 million in its first funding round for the company’s blockchain-based database system, according to a report by Tech Crunch on June 3. The firm’s blockchain database product, FlureeDB, purports to be […]
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French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system. French retail giant Carrefour has seen an increase in sales after the implementation of a blockchain-based tracking system, Reuters reported on June 3. Carrefour’s blockchain tracking system enables customers to track the supply chain of 20 items, […]
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Walmart is planning to pilot a blockchain project allowing to track pharma products using MediLedger tech U.S. FDA in early June. Global retail giant Walmart is expanding its blockchain expertise by joining blockchain-powered pharmaceutical consortium MediLedger, industry media outlet CoinDesk reports on June 3. Walmart is reportedly planning to roll out a pilot project to […]
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