Chinese mining giant Bitmain will close its Israeli blockchain and AI development center, letting its 23 local employees go. Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10. Bitmaintech Israel — founded in 2016 to explore the use […]
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South Korea’s Shinhan Bank wants to reduce human error in its processes as part of a multi-phase hook-up with blockchain technology. South Korea’s second-largest commercial bank, Shinhan Bank, has embarked on a project to implement blockchain in internal processes to decrease human error. The initiative was reported by English-language daily news outlet The Korea Times […]
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Australia’s National Transport Insurance has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad. Australia’s National Transport Insurance (NTI) has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad, local transport industry magazine Fully Loaded ATN reports Dec. 10. NTI will […]
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The United States SEC has delayed their Bitcoin ETF decision yet again, and Venezuela’s Petro is raised 150 percent in value. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much […]
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The governor of the Chinese central bank has stated during a summit that STOs are an “illegal financial activity in China.” The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, English-language local news outlet South China Morning Post (SCMP) reports Dec. 9. A […]
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The crypto markets are seeing a wave of green, as top crypto Bitcoin nears the $3,700 mark after a week of lows. Sunday, Dec. 9 — The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows. Market visualization […]
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A United Arab Emirates national oil company has successfully piloted a blockchain system for oil and gas production. The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9. The release notes that ADNOC — a state-owned […]
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A South Korean blockchain startup has announced its intention to file a constitutional appeal against the country’s ICO ban. A South Korean blockchain startup, Presto, will reportedly file a constitutional appeal over the county’s ban on Initial Coin Offerings (ICOs), South Korean economic media outlet Sedaily reports Dec. 6. Presto claims on its website that […]
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The sentiment is most bearish at the bottom of a trend in a bear market, but when the downtrend enters a capitulation, it may signal a bottom. In a bear market, the sentiment is most bearish right at the bottom of the trend. The entire heard says to sell. Short sellers laugh away to the […]
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As Coinbase and Poloniex open up dedicated investor accounts and Russia’s state-owned bank conducts a large over-the-counter transaction, OTC trading takes center stage in attracting institutional investors With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter (OTC) trading for […]
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