BlockFi, a major cryptocurrency lending firm, has added two new assets to its offering, Litecoin and USD Coin. Major cryptocurrency lending company BlockFi has added support for two new assets to its list of supported digital currencies. According to a press release shared with Cointelegraph on Jan. 8, the firm has added major altcoin Litecoin…
Read more
The oldest bank in Thailand launches a mobile app powered by Ripple to facilitate fast, low-cost cross-border payments. Thailand’s oldest bank Siam Commercial Bank (SCB) has partnered with Ripple to create a mobile application powered by blockchain to deliver instant, low-cost cross-border payments. Per a Jan. 8 blog post from Ripple, the app — known…
Read more
Mining firm Riot Blockchain has begun deploying around 3,000 new S17 Pro Antminers as part of an upgrade of its Oklahoma City mining facility. Digital currency mining firm Riot Blockchain has begun deploying around 3,000 new units of S17 Pro Antminers as part of the full upgrade of its Oklahoma City mining facility. Per a…
Read more
Profit booking seen at higher levels. However, if the major cryptocurrencies can bounce off their strong support levels, it will indicate strength. The crypto markets continue to respond to the events happening in the United States-Iran conflict. Any sign of escalating tensions is boosting the crypto markets higher. Google Trends shows that the searches for…
Read more
The “Shitcoin Wallet” debacle shined a light on crypto security issues. Experts weigh in on how companies are caught in the balance. The cryptocurrency sector has many criticisms. One is that it can appear impenetrable to newcomers. Another is that it is probably easier to lose money investing in crypto than in most other areas…
Read more
Bitcoin price retraced gains from earlier this week as President Trump announced that no further military action will be taken against Iran for the time being. Over the last few hours, the price of Bitcoin (BTC) began to falter at $8,300 and dropped all the way to the support at $8,000 as United States President…
Read more
Kraken exchange lists stablecoin USDC, a product of Circle and competitor Coinbase. Crypto exchange Kraken has added stablecoin USD Coin (USDC) to its list of trading pairs. Touted as “the world’s fastest-growing stablecoin,” USDC saw listing today on crypto exchange Kraken, per a press release provided to Cointelegraph on Jan. 8. USDC developed by Circle…
Read more
Emin Gün Sirer’s AVA Labs partnered with BlockchainIST Center in Turkey. In advance of its mainnet launch, Ava Labs has partnered with BlockchainIST Center in Turkey to create blockchain-based products for daily use. BlockchainIST, Turkey’s first university blockchain center, partnered with Cornell University’s Emin Gün Sirer‘s Ava Labs to develop DeFi products on the Ava…
Read more
Founded by government-run entities, China’s nationwide blockchain network will launch in April 2020, following a six-month beta testing period. China’s nationwide blockchain network, the Blockchain-based Service Network (BSN), will launch in April 2020, six months after it was rolled out for testing. Backed by Chinese government policy think tank the State Information Center (SIC), the…
Read more
Bitcoin (BTC), the best performing asset of the last decade, ended 2019 on a far better note than both gold and the U.S. S&P 500 stock index, while still remaining uncorrelated to traditional assets, a new report from crypto exchange operator SFOX noted. However, there might be a new trend forming in the crypto market.…
Read more
