UnionBank head forecasts that the coronavirus will drive banks to shift towards digital currencies, leaving physical cash behind. Edwin Bautista, president and chief executive of UnionBank of the Philippines, has forecast that the coronavirus outbreak will drive banks to shift towards digital currencies, leaving physical cash behind. As Euromoney reported on April 3, Bautista noted […]
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Top crypto exchange Binance has hinted that it will soon be launching Bitcoin options trading. Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading. Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of […]
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The Bitcoin price spiked from $6,900 to $7,300, liquidating $90 million on BitMEX and Bitfinex alone. The Bitcoin (BTC) price spiked from $6,900 to $7,300 across major cryptocurrency exchanges, liquidating $90 million on BitMEX and Bitfinex alone. While several traders anticipated the Bitcoin price to see a strong upsurge as it breaks out of the […]
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Canadian conservation authorities and technology firm Insolar are conducting a test-bed blockchain project for renewable energy management. Canadian conservation authorities and technology firm Insolar are conducting a test-bed blockchain project for renewable energy management. Within the scope of its Sustainable Technologies Evaluation Program (STEP), on April 1 the Toronto and Region Conservation Authority (TRCA) announced […]
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A New York judge has ruled that his preliminary injunction prevents Telegram from distributing tokens to investors based outside of the United States. A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas. On April 1, U.S. District Judge […]
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Proof-of-stake blockchain Cardano went live with its Byron reboot yesterday, March 30, as the project prepares its transition to the Shelley mainnet. Proof-of-stake (PoS) blockchain Cardano (ADA) went live with its Byron reboot yesterday, March 30, as the project prepares its transition to the Shelley mainnet. Announced by Cardano’s developer, the peer-to-peer technology firm Input […]
Continue ReadingThe SEC has opposed Telegram’s request for clarification as to whether the injunction granted against its Gram distribution has jurisdiction outside of the United States. The United States Securities and Exchange Commission has opposed Telegram’s request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens. […]
Continue ReadingClimate change caused by carbon emissions might be one reason for such a terrible global COVID-19 pandemic scenario. JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report […]
Continue ReadingCrypto company,Triffic, is rewarding users with crypto for social distancing in their growing AR game. The coronavirus pandemic is causing the worst global economic recession among all business sectors since 1929. Advertising and marketing budgets alone could see a $3 billion loss in 2020. Both traditional brands and crypto companies are replacing their high profile […]
Continue ReadingFor beginners wanting to learn more about decentralized finance, CoinGecko’s ‘How to Defi’ provides an accessible entry point. Decentralized Finance (DeFi) is certainly the buzz-phrase in the cryptocurrency world right now. But although we are hearing more and more about the potential of this technological breakthrough to revolutionize the world of traditional finance, many are […]
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