Cryptocurrency Analysis and News Portal
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to make payments and currency handling easier, according to earlier statements. However, just hours after applying this measure, the bolivar lost
Read More
A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the United States Federal Reserve announced its emergency stimulus interest rate cut last week.In an announcement on March 10, Figure Technologies — which claims to be the industry’s first fintech to bring
Read More
Ethereum venture studio ConsenSys is shifting focus – and downsizing as a result.The Brooklyn, N.Y., company announced at an all-staff meeting Tuesday that its latest restructuring would shrink the firm’s headcount by approximately 14 percent.“In the coming months, ConsenSys will finalize the transition from its venture production model and spin
Read More
Accounting multinational EY has released blockchain technology that it claims greatly reduces the cost of private transactions.In an announcement on Thursday, the firm said the third-generation of its zero-knowledge proof (ZKP) tech for the ethereum blockchain – originally dubbed Nightfall – is now available in the public domain (the documentation
Read More
“If something is Fabric-related we still have some Fabric engineers on board,” said Achkar, who runs a digital asset product development and innovation team in London, complemented by similar teams in the U.S. and Singapore. But his objective is to identify the best business cases, rather than the best protocol,
Read More
Chainalysis laid off 39 employees Thursday citing the need for a "path to profitability." Source
Read More
Cryptocurrency exchange Seed CX has cut its fees to gain market share as competition piles into the crypto trading space. Margin compression across the industry is the result of the most popular exchange services become commoditized as crypto usage
Read More