Ripple’s CEO has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation. Ripple CEO Brad Garlinghouse has argued that the biggest banks have a strong reason to embrace crypto and blockchain innovation, despite the apparent threat it poses to their current oligopoly. The CEO made his remarks during an […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin has fallen below the $7.900 mark again. Monday, May 20 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) has fallen below the $7.900 mark again. Market visualization courtesy […]
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JPMorgan strategists claim that bitcoin’s recent rally has reproduced a pattern from its historic 2017 performance. Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20. The strategists — […]
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Kaleido says the tech stack brings together the tools and technologies businesses need to build modern networks. Kaleido has launched a new business-to-business (B2B) tech stack with a view to helping companies “reinvent their core payment systems and supply chains,” according to a news release obtained by Cointelegraph on May 15. The ConsenSys-backed company said […]
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The blockchain standards organization has released two new specifications aiming to enhance blockchain implementation for enterprises. Member-driven blockchain standards organization the Enterprise Ethereum Alliance (EEA) has released two new specifications aiming to accelerate and enhance blockchain implementation for enterprises. The news was shared with Cointelegraph in two press releases on May 13. The EEA, which […]
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A deeper look into Starbucks’ crypto plans. The United States coffeehouse chain Starbucks is one of the most mainstream companies to look into crypto, and its intentions have finally been confirmed this week: The company has teamed up with Microsoft to track its beans with a blockchain. Moreover, reports say that the coffee giant might […]
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Fidelity may soon offer crypto trading, Facebook Coin may be launched in Q3 2019, and more. Top Stories This Week Hackers Withdraw 7,000 Bitcoins in Binance Crypto Exchange Security Breach Binance, one of the largest cryptocurrency exchanges by daily trade volume, experienced a security breach this week, losing a little over 7,000 bitcoins (BTC). CEO […]
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For the first time in three years, the Royal Bank of Scotland and Barclays have managed to speed up commercial real estate transactions using blockchain. The first properties record are to be digitized in England and Wales. Recently, Barclays and the Royal Bank of Scotland (RBS), with the participation of enterprise software company R3, successfully […]
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United States megabank JPMorgan Chase has reportedly rehauled the privacy layer of its blockchain platform Quorum. JPMorgan Chase (JPM) — the United States’ largest bank with over $2.62 trillion in assets — has reportedly rehauled the infrastructure of its blockchain platform Quorum with the help of Microsoft. The development was reported by crypto media outlet […]
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The Medici Bank comes more than 500 years after the original Banco de’ Medici and aims to “expand financial opportunity across global markets.” A direct descendant of an Italian dynasty that ran a banking empire in the 1400s is launching a new bank focusing on “digital-centric commerce and investing,” according to a news release published on May 8. […]
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