Here’s the scorecard for Bitcoin price bulls vs. bears exactly a year after BTC bottomed around $3.2K on Dec. 16, 2018. The price of Bitcoin (BTC) closed the second week of December at $7,111, down 5.44% for the week with five of the seven days being days of decline. So far on Monday, Bitcoin is […]
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Some worry regulation will ruin crypto, others fear the industry will collapse without it. Who’s right, and what’s the way forward? It’s the issue that never seems to go away: regulation. Some crypto advocates insist it is good for the industry, paving the way for mainstream adoption among consumers and businesses alike. Others warn a […]
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The Marco Polo Network, a trade finance network co-developed by major blockchain firm R3, has completed its largest finance trial to date. The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial. Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the […]
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The Shenzhen Bao’An District Court, China, has ruled to freeze roughly $676,000 in assets of a subsidiary of Bitcoin mining giant Bitmain. The Shenzhen Bao’An District Court in China has ruled to freeze roughly $676,000 in assets of a subsidiary of Bitcoin (BTC) mining giant Bitmain. According to a court filing released on Dec. 13, […]
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Multinational IT services giant Tata Consultancy Services launched the Quartz DevKit, which the firm claims can build blockchain apps 40% faster. Multinational IT services giant Tata Consultancy Services (TCS) launched a blockchain app development kit (DevKit). According to an announcement published by TCS on Dec. 16, the new Quartz DevKit is a low-code web-based integrated […]
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Two more European cryptocurrency firms shut down because of the upcoming EU Anti-Money Laundering rules. After BottlePay’s shutdown announcement last week, two more European cryptocurrency firms have shut down because of the upcoming Anti-Money Laundering (AML) rules in the European Union. Online crypto gaming platform ChopCoin and mining pool Simplecoin both announced that they are […]
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Officials did not explain the reason for the rethink on leveraged trading, which saw a reduction of 20% in August after regulatory demands. Japanese cryptocurrency exchange Coincheck has abruptly decided to cancel leveraged trading just months after relaunching the tool. In a blog post on Dec. 16, the platform said it had already stopped users […]
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Bitcoin.com claims it wanted to offer a “secure venue” to trade HEX, which faces broad condemnation over awarding constant funds to its founder, Richard Heart. Bitcoin (BTC) skeptical cryptocurrency exchange Bitcoin.com Exchange has sparked fresh controversy after supporting an altcoin widely considered to be a scam. In an article and Twitter post on Dec. 15, […]
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CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions. Fintech Futures reported on Dec. 16 that the pilot focused on implementing CULedger’s […]
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Chip manufacturer AMD has joined the Blockchain Game Alliance and forged two new partnerships to help build out new blockchain-based gaming marketplaces. United States transnational IT firm Advanced Micro Devices (AMD) has joined the Blockchain Game Alliance and forged two new partnerships to help advance the technology’s use in the industry. A Dec. 12 press […]
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