Bitcoin price is down but this BTC “digital gold” is still up nearly 10% year-to-date, unlike traditional markets that are reeling from the coronavirus. Bitcoin (BTC) price took a bullish turn on March 10 as the digital asset surged to $8,150 before encountering resistance, which saw the price temporarily pullback to $7,730. The S&P 500 […]
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Alex Dreyfus, CEO of sports blockchain venture Chiliz, explains the relationship between the sports industry and crypto. It seemed nobody cared about AR until Pokémon Go launched in 2016. All of the sudden, every headline was about how augmented reality could change the world. Sophisticated technologies like AR, virtual reality, and artificial intelligence need their […]
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There were signs in 2019 that large institutions are moving closer to embracing cryptocurrency and blockchain technologies. Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood. According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the […]
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Fans of Italian professional soccer club Juventus have used blockchain platform Socios to vote on Blur’s Song 2 as the official goal song at home games. Fans of Italian professional soccer club Juventus have used the Socios platform to vote on the song to be played when they score a goal in their home stadium. […]
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With Anthem announcing their blockchain project, the technology’s mainstream acceptance continues to increase. On Dec. 12, the second-largest health insurance company in the United States announced plans to leverage blockchain technology to secure the medical data of all its 40 million members over the next three years. The most unique quality of a blockchain is […]
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As cyber security becomes prevalent in the crypto space, can major insurance companies provide users with a much-needed safety net? The growth in popularity of cryptocurrencies has, in many ways, outpaced the infrastructure built to support it. In terms of security, cryptocurrency exchanges that serve both as a marketplace and a store of the digital […]
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Allianz Global Corporate & Specialty SE is developing a blockchain-based ecosystem to facilitate cross-border insurance payments for its corporate customers. German financial services giant Allianz Global Corporate & Specialty SE (AGCS) is developing a blockchain-based ecosystem to facilitate cross-border insurance payments for its corporate customers. Experimentations with blockchain technology Allianz is working on a token-based […]
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Aon will reportedly provide crypto custody solutions provider Metaco with crime insurance coverage via a group of predominantly European insurers. Aon — a leading insurance broker that purports to occupy 50% of the crypto-insurance market — will reportedly provide crypto custody solutions provider Metaco with crime insurance coverage via a panel of London insurers. The […]
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Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered broker. Major American cryptocurrency exchange Coinbase has revealed details of its insurance coverage for its hot wallet crypto holdings, reportedly covering a $255 million limit via a Lloyd’s of London-registered […]
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Fintech is believed to be a risk for financial stability, the Depository Trust and Clearing Corporation Systemic Risk Barometer Survey states. Fintech is believed to be a “systemic risk” to the broader economy, according to a survey conducted by the United States Depository Trust and Clearing Corporation (DTCC), Dec. 11. 20 percent of respondents to […]
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