Retail behemoth Amazon will have no choice but to leverage cryptocurrency payments, Binance’s Changpeng Zhao forecast. One of the cryptocurrency industry’s best-known figures confirmed he still believes online retail giant Amazon cannot avoid issuing its own altcoin, in a tweet Feb. 2. Discussing the internet business sector more broadly, Changpeng Zhao — CEO of top […]
Continue Reading
Tencent statistics show an almost 50/50 split over support for a central bank digital currency appearing from Beijing. China’s economics experts fail to agree on the future of blockchain and digital currency, according to a survey from internet giant Tencent, cited by local news outlet Jiemian Feb. 1. Sent to 100 chief economists from banks, […]
Continue Reading
Major global banking payments network SWIFT announced its collaboration with R3. On Jan. 30, major global banking payments network SWIFT announced it plans to launch a proof-of-concept (PoC) of a gateway — titled GPI Link — that will allow blockchain software firm R3 to connect to SWIFT’s Global Payments Innovation (GPI) payments from its platform. […]
Continue Reading
Despite the bear market, some coins are still managing to outperform the overall trend. Although Bitcoin (BTC) has managed to maintain its dominance throughout the bear market, we are seeing some major cryptocurrencies outperform it. This shows that the market has started to favor some coins and disregard the others. We believe that some cryptocurrencies […]
Continue Reading
Iran could soon release its state-backed coin, and Gemini announces it will complete further security compliance reviews. Top Stories This Week SWIFT Reveals Plans to Launch Proof-of-Concept With Blockchain Consortium R3 Major global banking payments network SWIFT announced plans this week to develop a Proof-of-Concept of a gateway that will let blockchain consortium R3 link […]
Continue Reading
CoinLab has reportedly filed a $16 billion claim against the now-defunct cryptocurrency exchange Mt. Gox. CoinLab has reportedly filed a 1.7 trillion JPY ($16 billion) claim against the now-defunct cryptocurrency exchange Mt. Gox, according to an alleged photo of the filing document posted on Reddit on Feb. 1. As Cointelegraph reported in its Mt. Gox […]
Continue Reading
RBC analyst Mitch Steves found through calculations that Nvidia reportedly earned $1.35 bln more in crypto, blockchain revenue than reported. Taiwan-based computer hardware producer Nvidia reportedly earned nearly $1.35 billion more due to crypto and blockchain than it had stated. The numbers were calculated by RBC Capital Markets analyst Mitch Steves, financial news website Market […]
Continue Reading
The valuation of the crypto market dropped $10 billion following the expiration of Bitcoin futures contracts. On Jan. 29, the valuation of the crypto market plunged by more than $10 billion within a 48-hour period, from $121 billion to $111 billion. Major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) recorded losses in the range […]
Continue Reading
The International Monetary Fund claimed that the growth of blockchain in Malta has created major risks of money laundering. Last week, the International Monetary Fund (IMF) claimed that the growth of blockchain in Malta has created major risks of money laundering and terrorism financing in the island’s economy, as per the local media. Malta is […]
Continue Reading
The Manhattan District Attorney has announced New York’s first prosecution for SIM swapping, which resulted in the theft of $10K in crypto. Manhattan’s District Attorney (DA) announced the indictment of an individual for stealing identities and funds, including crypto, via a process known as SIM swapping. The announcement was made in an official press release […]
Continue Reading