Cryptocurrency Analysis and News Portal
The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency (CBDC).As domestic news outlet Sina reported on Jan. 10, People’s Bank of China (PBoC) accomplished the top-layer design of the planned digital yuan, developed relevant standards, carried out research
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On Dec. 12, the second-largest health insurance company in the United States announced plans to leverage blockchain technology to secure the medical data of all its 40 million members over the next three years.The most unique quality of a blockchain is that once a piece of information is added
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Russia’s national power grid company Rosseti is testing a system for electricity bill payments based on a distributed ledger by Waves. Source
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JPMorgan Chase has filed a patent and is testing a blockchain system for tracking the automobile inventory it finances for car dealers. Source
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Bitcoin (BTC) fell below $8,600 on Nov. 14 as its slow grind downwards continues to see new lows haunt markets.Cryptocurrency market daily overview. Source: Coin360Bitcoin trends downwards at $8.6KData from Coin360 shows the largest cryptocurrency hitting $8,550 on Thursday, its lowest since late October. A subsequent rebound took BTC/USD
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The financial technology subsidiary of Chinese e-commerce giant Alibaba, Ant Financial, started testing its enterprise blockchain platform.According to local news outlet Sina Finance on Nov. 20, the senior director of technology and business innovation at Ant Financial, Jieli Li, announced the development at the World Blockchain Summit at Wuzhen.
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Bitcoin price (BTC) was drifting towards $9,000 on Oct. 30 as the momentum behind its recent bull run appeared to wane. Cryptocurrency market daily overview. Source: Coin360Bitcoin ranges prior to moving average crossoverData from Coin360 showed BTC/USD down around 3.2% on Wednesday, having spent the previous day circling $9,500. Those levels
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The Vanguard Group is testing a blockchain-powered platform that will allow asset managers to trade currencies while avoiding the big investment banks.On Oct. 3, Bloomberg reported that the United States-registered investment advisor group, Vanguard, is going after a piece of the global currency market that handles $6 trillion each
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Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum.Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per second for Ethereum applications, industry-focused news outlet Crypto Briefing reported
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