Cryptocurrency Analysis and News Portal
A Chinese banking institution has completed the development of a hardware wallet for the country’s central bank digital currency, the digital yuanAccording to a Feb. 7 announcement by Xiong’an authorities, the Xiong’an branch of the Agricultural Bank of China in Hebei has produced the first hardware wallet designed for the
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The world’s first Ethereum-based fund to be listed on a major stock exchange opened for trading on Thursday, but not without some hiccups. Listed on the Toronto Stock Exchange, The Ether Fund (TSX:QETH.U) opened for trading at $10.80 per share after completing a successful IPO in which $76.5 million was
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Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators.According to a Nov. 19 announcement, Gazprombank will provide its new cryptocurrency solution in collaboration with its long-running partners like fintech firm Avaloq and crypto custody
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The Edition 1 model of GM electric Hummer pickup will be available in fall 2021. Its price starts at $112,595. The reservation for the truck is already full. On Tuesday, one of the largest US vehicle corporations General Motors (NYSE: GM) introduced its Hummer EV electric pickup truck. Besides, the
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As of July 2020, about 80% of Italian Banks were using R3’s Corda Blockchain to exchange data and this market may play a crucial role in driving the adoption of the XDC coin.R3 has launched the XDC Coin, coming off as the first digital currency for the public Corda network
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Block.one, the company behind the multibillion-dollar-backed EOS ecosystem, has its sights locked on the enterprise blockchain space.Announced Thursday, Block.one has released “EOSIO for Business,” an enterprise-focused version of its software featuring Blockchain-as-a-Service (BaaS), consulting, technical support and training and certification programs, the company said.Blockchain cloud services can offer businesses a
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Peer-to-peer commerce company Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides, no staking or account required. “One thing we’ve all seen in DeFi is a much smaller audience gets it. The barrier to entry is much higher,”
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A group of VC heavyweights and crypto entrepreneurs, including Blockfolio founder Ed Moncada, are backing a new risk management tool for the exploding decentralized finance (DeFi) space. Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant Fund, Dragonfly Capital, Robot Ventures, Slow
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This platform is set to become a nationwide system for exchanging verified customer data.Dubai’s Department of Economic Development, or DED, and state-run bank Emirates NBD are rolling out their so-called UAE KYC Blockchain Platform.120 local firms already signed up for the platform with Emirates NBDFirst revealed in February 2020, the
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[sociallocker id="55298"] Weaker bitcoin miners are engaging in massive selloffs as Bitmain debuts a cheaper model in the Antminer series. Inefficient Miners Offloading Bitcoin Likely Signaling Capitulation Smaller Bitcoin miners appear to be capitulating as figures show massive BTC selling. This trend comes as the May halving sees block reward slashed by
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