A TD Bank survey revealed that 90 percent of finance professionals think that blockchain and DLT technologies will have a positive effect on their industry. A TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry, according to a […]
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Crypto exchange ErisX has announced the appointment of three new executives from the finance and technology spheres, including veterans from Barclays, YouTube and CBOE. Crypto exchange ErisX has appointed three veterans from Barclays, Youtube and the Chicago Board Options Exchange (CBOE) to fill executive roles at the company. The development was announced in a press […]
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Bitcoin weekly trading volumes in Venezuela reached a new all-time high, rising to almost $7 million per week on p2p platform LocalBitcoins. Bitcoin (BTC) trading volumes in Venezuela have reached a new all-time high amidst massive hyperinflation and an ongoing presidential crisis, tech news outlet TrustNodes reports Feb. 6. Bitcoin weekly trading volumes reached above […]
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Security, scalability, decentralization: What will the first proof-of-stake blockchain by MIT look like and why might it become a threat to Ethereum? As reported by Cointelegraph on Jan. 24, the press service of the Massachusetts Technical Institute (MIT) announced the development of a new cryptocurrency based on the proof-of-stake (PoS) protocol. It is expected that the […]
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Peer-to-peer torrent client BitTorrent has announced that its native TRON-based token, BTT is now supported by CoinPayments’ crypto payments gateway. Peer-to-peer (p2p) torrent client BitTorrent has announced that its native token, BitTorrent Token (BTT), based on the TRON protocol, is now supported by CoinPayments’ crypto payments gateway. The news was shared with Cointelegraph in a […]
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A new movement “GoxRising” is calling for a speedier rehabilitation plan for creditors of the now-defunct BTC exchange Mt.Gox, with the long-term aim of rebooting the platform. A new movement dubbed “GoxRising” is calling for a new, accelerated rehabilitation plan for creditors of the now-defunct Bitcoin (BTC) exchange Mt. Gox, with the long-term goal of […]
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CEO of leading cryptocurrency exchange Binance, Changpeng Zhao, said that he doesn’t think ETFs “are core to our industry’s growth.” The CEO of leading cryptocurrency exchange Binance, Changpeng Zhao, said that he doesn’t think Exchange Traded Funds (ETFs) “are core to our industry’s growth,” during a live stream via Periscope, Feb. 6. Zhao — also […]
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An international effort is underway to track funds and perpetrators involved in the exchange Cryptopia’s reportedly $16 million hack. Police in New Zealand are working with international law enforcement to track down hackers who reportedly stole over $16.1 million from local exchange Cryptopia, the police reported in a press release Feb. 7. Cryptopia, which suffered […]
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Consumer trust in CBDCs could spell disaster for smaller private lenders, a new report warns. South Korea’s central bank issued a warning over central bank digital currencies (CBDCs) a week after saying it would not introduce one itself. The development was reported in local news outlet Yonhap News Agency, Feb. 7. CBDCs, which are also […]
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The investment firm forecasts trouble from cryptocurrencies based on current short-term trends. Cryptocurrency markets could soon hit lower lows and continue their record bear market, investment and analysis firm Fundstrat Global Advisors warned in an email quoted by Bloomberg on Feb. 6. Writing to traders, one strategist at the firm, Robert Sluymer, forecast that on […]
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