A developer survey shows that 80% of organizations are currently not using blockchain technology. Major developer community website StackOverflow has surveyed nearly 90,000 developers, and the results published on April 9 show that 80% of organizations are currently not using blockchain. As well, 12.7% of the developers responded that organizations use blockchain for non-currency applications, […]
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Bithumb confirmed that troubling market conditions spurred the losses, which come despite 17% sales growth. South Korean cryptocurrency exchange Bithumb had a net loss of 205 billion won ($180 million) in 2018 due to the Bitcoin (BTC) bear market, local English-language daily news outlet Korea Times reported on April 11. Citing data from the exchange’s […]
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After a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time. Thursday, April 11 — after a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time, as Bitcoin (BTC) corrects down close to […]
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Bithumb used a third-party accounting firm to assess its holdings after losing funds to what it suspects was a company insider. South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11. Bithumb, South Korea’s largest exchange, […]
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A host of crypto industry critics have weighed in on the potential drawbacks of so-dubbed initial exchange offerings. A host of crypto industry critics have weighed in on the potential drawbacks of so-dubbed initial exchange offerings (IEOs) — a crypto exchange-hosted alternative to the original model of an initial coin offering (ICO). Their views were […]
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Users of MakerDAO (MKR) look set to raise the stability fee for the DAI stablecoin by 4%. Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) look set to raise the stability fee for Maker’s DAI (DAI) stablecoin by a further 4%, in the fifth such vote this year. An ongoing governance poll, due to close […]
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The partnership research scheme with Taekion is entering its second phase, focusing on blockchain’s role in preventing cyberattacks. A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10. The project, principally a partnership between the U.S. […]
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IMF managing director Christine Lagarde has said that blockchain innovators are having a clear impact on incumbent players. International Monetary Fund (IMF) managing director Christine Lagarde has said that blockchain innovators are shaking the traditional financial world and having a clear impact on incumbent players. Lagarde made her comments in an interview with CNBC on […]
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The company’s WISeCoin spin-off plans to raise a total of around $17.5 million in the upcoming token offering. A subsidiary of Swiss cybersecurity and blockchain firm WISeKey has raised $7 million in an pre-funding round prior to launching a security token offering (STO), the company confirmed in a press release on April 11. WISeCoin, which […]
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Coinbase has launched Coinbase Card, which enables its U.K.-based customers to make purchases with cryptocurrency. Major American cryptocurrency exchange Coinbase has launched Coinbase Card, that enables its United Kingdom-based customers to pay in-store and online with cryptocurrency. The development was announced in a blog post published on April 10. The Coinbase Card is a Visa […]
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