Latest Blockchain and Crypto News
Ledger offers Bitcoin storage service to MicroStrategy
The French Ledger, which is best known as a manufacturer of crypto hardware wallets for retail investors, has been actively promoting its Ledger Vault custodian solution, which targets institutional clients since last year. Ledger is currently offering this product to MicroStrategy, which invested...
Bank of England governor confirmed his attitude towards BTC
Bank of England Governor Andrew Bailey is still extremely skeptical of Bitcoin. Last Monday, October 12, the head of the Central Bank at one of the events expressed concerns about the growing popularity of cryptocurrency. Bailey recalled that the use of BTC as a payment instrument poses threats to...
IBM Has a Solution to Help Firms Reopen Amid Pandemic
IBM’s new blockchain-powered COVID-19 application sets privacy first. IBM offered a new application which will help people to safely return to their shared physical places as work, school etc. International Business Machines Corporation Watson Health, a healthcare-centred division of tech titan...
Blockchain-Powered Coupons in the Tourism Industry
Japan city Aizuwakamatsu is going to introduce a native, blockchain-based alternative for those who are practising an innovative virtual currency circulation protocol built by national crypto exchange Decurret. Customers can use the currency for dinner and at the same time earn interest. Decurret...
New Ripple Setting Offers XRP Payments on Credit
US-based technology organization Ripple started its "Line of Credit" assistance to provide clients utilising On-Demand Liquidity (ODL) to the original property, thus making universal tradings with XRP token possible. The service enables a fast way to funds practising an easy credit...
Ledger passed data control system security audit
The French company Ledger, a manufacturer of cryptocurrency hardware wallets, has received an audit opinion regarding the security of data control systems (System and Organization Controls, SOC). According to the press release, the audit was conducted by the New York-based company Friedman. This...
Bitcoin will benefit from Joe Biden's election as President
If the Democratic candidate Joe Biden becomes the president of the United States, then the phase of mass adoption of bitcoin will begin. They published a report later this week, which also says that if Biden wins the election, the likelihood of Bitcoin ETF approval is high. If a new team comes to...
Is Flavio Briatore Involved in Bitcoin Up?
Several online sources recently have spread the rumour that Italian businessman Flavio Briatore has recommended the use of Bitcoin systems and claim that he has made a fortune through Bitcoin Up. After the inquiry of journalists, it became clear that the entrepreneur had never suggested the use of...
Bitcoin network continues to expand rapidly
The number of addresses with non-zero balance continues to grow in the Bitcoin network. That is evidenced by the latest data from the Glassnode service. In the middle of this week, it became known that 3.141 million wallets own 0.1 BTC or more. If you look at the graph provided by analysts, you...
BitMEX CTO released on $ 5 million bail
Samuel Reed, co-founder and CTO of the BitMEX crypto derivatives exchange, was released on $5 million bail. Reed was arrested in Massachusetts on October 1. The US Department of Justice has opened a criminal case against Reed and other BitMEX executives for violating bank secrecy laws and...
Square Gets $50 M Worth of Bitcoin
One of the most successful technology companies Square informed about investing $50 million in bitcoin. The firm bought more than 4.709 coins. The owner of Square is Jack Dorsey, the CEO of Twitter and an enthusiastic supporter of BTC. The purchase made by Square forms nearly 1% of the company's...
BMW Korea Prepares Blockchain-Powered Rewards Program
BMW Korea has informed that it is intending to practise reward plan based on blockchain technology. The plan termed BMW Vantage allows purchasers to get discounts on vehicle service and more. The officials announced that BMW Korea is the first agency in BMW Group to manage an action of the project...
Willy Woo predicts Bitcoin rally to resume in 2021
In the fourth quarter of 2020, Bitcoin is expected to strengthen, but a large-scale expansion will begin next year. So says famous analyst Willie Wu, who posted on Twitter a series of posts in which he analyzed the medium-term prospects of the largest digital currency. The cryptocurrency market is...
Justin Sun spoke about the development of DeFi on the Tron
During a speech at the LA Blockchain Summit, Justin Sun stated that Tron is the best blockchain for Decentralized Finance (DeFi) protocols, most of which run on Ethereum today. “We are building the same DeFi ecosystem as Ethereum,” Sun said. “Tron has its version of all broadcast products....
Ethereum hashrate has grown by 80% since early 2020
The computing power on the Ethereum network has been growing steadily since January 2020. According to the Glassnode team, the hash rate jumped 80% in the first nine months of this year, exceeding 250 terahesh per second (TH / s). Researchers have linked the record high miner activity to the...
Google Cloud Joins EOS
Google Cloud may become the next block producer of EOS. After the news went public, the EOS token raised 17%. EOS blockchain, designed by Block.One, utilizes a special semi-decentralization speciality - a chain of 21 block producers. The main difference between EOS and many other networks is that...
Monthly active users of the MetaMask wallet has exceeded 1M
The number of monthly active users of the MetaMask Ethereum wallet from ConsenSys exceeded the 1 million mark for the first time. The explosive growth of the MetaMask user base is associated with the boom in Decentralized Finance (DeFi) in 2020. MetaMask users have tripled since February, while the...
China's CBDC has been used in transactions worth $162M
The People's Bank of China (PBOC), the country's central bank, has already conducted pilot digital currency transactions (CBDC) worth 1.1B yuan (~ $ 162 million). That was announced by the deputy head of the NBK Fan Yifei at the virtual conference Sibos 2020 organized by SWIFT. As of the end of...
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