Banco Sella is now allowing their customers to buy, sell and store Bitcoin without interacting with exchanges. Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading service The trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential […]
Continue ReadingAn Argentinian regulator approved the expansion of a gas tracking platform piloted by over 2 million residents. Argentina’s natural gas regulator, Enargas, approved the expansion of a blockchain-based gas distribution tracking platform. The system was already piloted by a local distributor servicing over 2 million residents. According to an announcement on March 18, the system […]
Continue ReadingA U.S. financial services firm will tokenize up to $20 million worth of bourbon produced by Kentucky-based Wilderness Trail Distillery. United States-based Wave Financial Group will manage the tokenization of up to $20 million worth of bourbon whiskey produced by Kentucky-based Wilderness Trail Distillery. Wave told Cointelegraph in an email sent on March 18 that […]
Continue ReadingQuantum computing could potentially break much of the encryption algorithms and protocols that currently secure the internet and computational industry as they are. Back in the 2000s, when I worked for PricewaterhouseCoopers (PwC), I was the director of technology and innovation. Part of that role was not only helping the company and some of our […]
Continue ReadingCryptocurrencies are like beer in more ways than meet the eye. Whether crypto markets are up or down, people will still buy beer. The American beer industry has seen a 600% increase in the number of breweries between 2008 and 2016, according to data from The Atlantic. And the crypto industry really boomed from nothing […]
Continue ReadingScammers are impersonating the World Health Organization to get COVID-19 donations in Bitcoin, cybersecurity firm Sophos reports. As the number of global coronavirus cases grows each day, online scammers are turning to cryptocurrencies like Bitcoin (BTC) to steal money under the cover of the global pandemic. According to cybersecurity firm Sophos, some online perpetrators are […]
Continue ReadingPer a new report, financial institutions have mostly deployed blockchain to improve payments, securities settlement, fraud detection security and trade finance. In its recent blockchain in banking report, Business Insider Intelligence indicated that financial institutions have mostly deployed the tech to improve payments, securities settlement, fraud detection security and trade finance. Published on March 19, […]
Continue ReadingHuobi Pool, a crypto mining arm of Huobi, says its operating revenues surged 547% in 2019, jumping from $53 million in 2018 to $320 million. Huobi, the fourth-largest cryptocurrency exchange by daily trading volume to date, saw significant progress in its crypto mining business in 2019. Huobi Pool, a cryptocurrency mining arm of Huobi, says […]
Continue ReadingThe Alliance listed collateralized 1:1 tokens with their respective stable currencies via Bittrex Global. The Universal Protocol Alliance (UPA) officially announced that the Universal Dollar (UPUSD), the Universal Euro (UPEUR), and the Universal Protocol Token (UPT) have been listed on Bittrex Global, offering a lower fee structure for UPT holders. The Alliance stated that the […]
Continue ReadingThe Block.One CEO has criticised the Eos Worker Proposal System, warning that the prognosis is bleak for many DeFi projects. Brendan Blumer, the CEO and co-founder of Block.one — the company behind Eos (EOS), took to Twitter to express his concerns regarding the suggested ‘EOS Worker Proposal System’ (WPS) on March 15. Developers at EOS […]
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