BitMEX’s parent company is accepting applications for grant funding from developers contributing to open source technologies. Major Bitcoin (BTC) derivatives exchange BitMEX has started accepting grant applications from open source developers. The initiative follows $650,000 in developer grants that the exchange has issued to Bitcoin Core contributor Michael Ford and the Massachusetts Institute of Technology. […]
Continue Reading
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive. Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive. Visa head of crypto Cuy Sheffield tweeted on May 18 that he does not believe central banks are […]
Continue Reading
The team behind tBTC, a decentralized Bitcoin-to-Ethereum bridge, pulled the plug on the system after a yet-undisclosed bug was discovered by software developers. The team behind the tBTC project, an effort to bring Bitcoin (BTC) over to Ethereum (ETH) through decentralized custodians, shut down the bridge just two days after launching it. The decision was […]
Continue Reading
XRP TipBot has avoided closure due to the Netherlands’ strict implementation of AMLD5 via a partnership with Uphold. XRP TipBot, a service enabling users to transfer XRP to each other via comments on Twitter, Reddit and Discord, has been saved from the threat of extinction at the hands of new regulations in the Netherlands. In […]
Continue Reading
As the Federal Reserve admits to “flooding” the market with cash, Bitcoin consolidates its post-halving position at $9,500. Bitcoin (BTC) is starting the second week of its fourth halving cycle clinging to $9,500, but what factors are weighing on the largest cryptocurrency this week? Fundamentals adapt to halving The start of a new week has […]
Continue Reading
BitMEX and its executives have been accused of engaging in or abetting crimes that include racketeering, money laundering, wire fraud and unlicensed money transmission. BitMEX, one of the world’s largest crypto derivatives exchanges, has been accused in court of being “deliberately designed, from the ground up” to facilitate “a myriad of illegal activities.” The allegations […]
Continue Reading
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed. Chair of the United States Federal Reserve Jerome Powell recently spoke about measures taken during the financial crisis, with many on Twitter viewing his remarks as evidence of the need for […]
Continue Reading
Top venture capital firm Andreessen Horowitz looked at four key metrics for three cycles of cryptocurrency showing consistent growth. Venture capital firm Andreessen Horowitz thinks the past growth of social media, developers, prices, and startups among cryptocurrencies could mean a crypto cycle favorable to investors in the future. The United States-based company released a report […]
Continue Reading
With many schools and bookstores still closed in Japan, Media Do Holdings is looking to satisfy the demand for e-books with DLT. Japan-based Media Do Holdings will be investing $2.8 million towards distributed ledger technology for the distribution of its e-books. According to a May 17 article in the Nikkei newspaper, Media Do Holdings plans […]
Continue Reading
Japan-based JCB is partnering with local venture capital firm TECHFUND to create a sustainable blockchain-based transaction system. The biggest credit card issuer in Japan, JCB, has partnered with technology accelerator TECHFUND to build a sustainable transaction system on the blockchain. According to a May 15 statement released by JCB, the partnership will utilize TECHFUND’s expertise […]
Continue Reading