ECB’s governing council Jens Weidmann has said that while stablecoins offer opportunities for prosperity, users should be vigilant. A European Central Bank (ECB) official has stated that users should be aware of the risks associated with the stablecoins use, but not to be alarmed. As Reuters reported on July 18, member of the ECB’s governing […]
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Samsung has denied involvement with the ‘Samsung Coin’ trademark filed by an individual under the name of Kim Nam-jin. On July 10, Kim Nam-jin applied for a Trademark 5 (TM5) on the name “Samsung Coin” with the Korean Intellectual Property Office (KIPO). As per the filing, it appears that Nam-jin is seeking to trademark the […]
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Cryptocurrency markets see modest gains and losses, with Bitcoin struggling to stay above the $10,000 price mark. Friday, July 19 — Cryptocurrency markets are reporting mixed signals, with most of the top-20 coins by market capitalization are down over the last 24 hours. Market visualization. Source: Coin360 Bitcoin (BTC) has stayed above the $10,000 threshold […]
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Global oil operators can save at least 30% by using blockchain, CEO of blockchain startup Data Gumbo said. Global oil operators can save at least 30% by using blockchain in their infrastructure, according to data by blockchain startup Data Gumbo. Andrew Bruce, CEO of American blockchain startup Data Gumbo, discussed blockchain-powered automated contract execution in […]
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Former CEO of now-defunct crypto exchange WEX, a spin-off of controversial BTC-e exchange, was arrested in Italy. Former CEO of now-defunct crypto exchange WEX, a spin-off of controversial BTC-e exchange, was arrested in Italy. No official statement to date Dmitri Vasilyev, who reopened BTC-e exchange as WEX.nz in September 2017, was detained by Italian prosecutors. […]
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Privacy-focused digital currency Zcash has forked into new blockchain network Ycash, whose total supply amounts to a 21 million coins. Privacy-focused digital currency Zcash (ZEC) has forked into a new blockchain network dubbed Ycash, whose total supply amounts to 21 million coins. According to a tweet by the Ycash Foundation, the first block of Ycash […]
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Tether vs. New York: Regardless of who wins or loses, crypto will keep growing. Are Bitfinex and Tether in trouble? Maybe, but the thing is, we don’t know just how much trouble, because the stablecoin issuer has challenged the New York State Office of the Attorney General’s (OAG) case against them. In claims filed in […]
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To reduce fees in cross-border transactions, the world does not need Libra, but technology, BlackRock CEO argued. CEO of the world’s largest exchange-traded fund provider BlackRock claimed that he does not consider Facebook’s Libra a cryptocurrency. The need to democratize foreign currency exchange In an interview with CNBC’s Squawk Box on July 19, BlackRock’s Larry Fink […]
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sponsored A mobile crypto wallet has added a DApp browser, enabling users to access thousands of decentralized services in one place. A mobile crypto wallet has announced that users can now effortlessly access thousands of decentralized applications (DApps) directly through its platform. Lumi Wallet says its motivation is to create a one-stop-shop for crypto enthusiasts […]
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Circle CEO Jeremy Allaire will be one of seven people Tron’s Justin Sun will take to the power lunch with Warren Buffett. Circle CEO Jeremy Allaire will attend the crypto power lunch alongside Berkshire Hathaway CEO Warren Buffett, Tron CEO Justin Sun and Litecoin creator Charlie Lee. On July 19, Allaire accepted Sun’s invitation on […]
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