China’s Xi calls blockchain technology an important breakthrough for independent innovation, urging to accelerate its development. China’s President Xi Jinping has called for the country to accelerate its adoption of blockchain technologies as a core for innovation. Xi made the comments at a Politburo Committee session on blockchain technology trends on Oct. 24. Blockchain adoption […]
Continue Reading
A blockchain-based P2P financial system could make the City of London irrelevant, says a McKinsey advisor. According to a senior advisor at consultancy firm McKinsey, John Straw, blockchain could make the City of London irrelevant in the near future. He made the claim at a Computing.co.uk Live Event on Oct. 24. Straw added that this […]
Continue Reading
The World Economic Forum and seven major mining and metals firms are partnering to develop responsible sourcing and sustainability practices using blockchain. The World Economic Forum (WEF) and seven major mining and metals firms are partnering to develop responsible sourcing and sustainability practices using blockchain. The Global Mining Review reported details of the new “Mining […]
Continue Reading
Bitcoin’s transaction activity on the blockchain dwarfs competitors around for longer, notably PayPal, whose annual volume Bitcoin beats in just 60 days. Bitcoin (BTC) has transferred $11 trillion in wealth since its blockchain first went live in 2009, according to the fresh calculations. Bitcoin “going strong” at $9.6 billion per day Uploaded to social media […]
Continue Reading
FSA-licensed crypto exchange Huobi Japan has raised $4.6 million from Financial Products Group, a financial instruments business operator. Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator. The development was revealed in a press release shared with Cointelegraph on Oct. 25. Future […]
Continue Reading
Platform for instant crypto loans lowers borrowing rates on its credit line service after having secured long-term cost-efficient financing. Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines. Lowest rates in the blockchain ecosystem In a press release published Oct. 22, Nexo announced that it […]
Continue Reading
Based on Finder’s survey of 2,068 Americans, 36.5 million people in the United States own some form of crypto to date. The number of Americans who own cryptocurrencies has almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder. 36.5 million Americans own crypto Finder, an Australia-based financial […]
Continue Reading
The United States-based cryptocurrency exchange Kraken announced that its WebSockets private API is now live. Major cryptocurrency exchange Kraken made its WebSockets private Application Program Interface (API) available for all Kraken clients. On Oct. 24, Kraken reported on its blog that the first two messages of the private API have gone live to all of its […]
Continue Reading
As TON investors reject refund opportunity, experts weigh in on how damaging the latest developments are for the future of the project. Telegram’s ongoing saga with the U.S. Securities and Exchange Commission isn’t ending anytime soon. After the regulatory body swooped in with a last minute restraining order, Telegram has been embroiled in an increasingly […]
Continue Reading
CFTC chairman Heath Tarbert announced that LabCFTC will now operate independently from the agency and will be reporting to him directly. The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office. Blockchain and digital assets are an important part of development Established by the CFTC […]
Continue Reading