Bitcoin bulls have their sights set on $8.2K as BTC price action shows hidden signs of reversing but the bearish descending trendline remains a serious obstacle to overcome. This week Bitcoin (BTC) continued to trade within a tightly defined range and at the time of writing the price is flat. The bulls and bears have […]
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Bitcoin futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the U.S. SEC, entitling it with the right to offer its shares to institutional investors. Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional […]
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Coinbase Card, a crypto-powered Visa debit card by Coinbase exchange, now supports Dai, a stablecoin pegged to the United States dollar. Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai (DAI), a stablecoin pegged to the United States dollar. According to a blog post on Dec. 6, Dai is […]
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KT Corporation wants to use blockchain to streamline roaming processes with China Mobile, the Chinese operator with which it is also partnering on a 5G rollout. South Korea’s largest telecoms provider, KT Corporation, is boosting a partnership with China Mobile targeting blockchain technology and 5G roaming. As local English-language news outlet The Korea Herald reported […]
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Major South Korean cryptocurrency exchange Upbit has lost 342,000 ETH. All users will soon be reimbursed with corporate funds. On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting […]
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The well-known supporter of Bitcoin reveals he will spend up to half of 2020 in Africa, as interest in Bitcoin from the continent continues to reveal itself. Bitcoin (BTC) will see its future “defined” by Africa, one of its best-known proponents has predicted after completing a tour of the continent. In a tweet on Nov. […]
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EOS Block Producer “EOS New York” has published data purportedly showing that six registered producers on the network are managed by a single entity. EOS Block Producer “EOS New York” has published data purportedly showing that six registered producers on the network are managed by a single entity. In a tweet published on Nov. 28, […]
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The Federal Council of Switzerland has called for the improvement of regulatory conditions for blockchain and distributed ledger technology in the country. The Federal Council of Switzerland — the country’s executive governing body — has called for a better regulatory framework for blockchain and distributed ledger technology (DLT) in the country. According to an official […]
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Digital asset security startup Fireblocks announced that it is moving more than $2.5 billion in crypto each month only six months after launch. Digital asset cybersecurity startup Fireblocks announced that it is currently moving more than $2.5 billion in cryptocurrencies each month. In a Nov. 26 press release, Fireblocks revealed that the company has seen […]
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Consumers are increasingly being turned off by the loyalty schemes offered by major retailers. Can crypto-based platforms help turn this around? Retailers have been offering loyalty schemes for decades — but ensuring they are attractive enough to generate repeat customers is easier said than done. Bond’s Loyalty Report, which surveyed 55,000 consumers in 2019, exposed […]
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