Jihan Wu. Source: a video screenshot, Youtube, Chamber of Digital Commerce Bitcoin Cash (BCH) rallied today, surpassing USD 290 for an hour, on reports that the prominent supporter of BCH, Jihan Wu is back as the CEO of major crypto mining company Bitmain. (Updated at 08:00 UTC: updates throughout the entire text.) At pixel time…
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Bitcoin’s weekend price action left another CME gap around $8,900 as the crypto asset continues to consolidate. After a massive 42% price spike starting on Oct. 25, Bitcoin (BTC) looks like it has settled into a new range, at least for the time being. Sitting near $9,460 at press time, the future looks brighter for…
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Chinese cryptocurrency mining giant Canaan Creative has filed for an initial public offering with the U.S SEC to raise $400 million. Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States. On Oct. 28, Canaan Creative filed for an initial public offering (IPO) with the U.S. Securities and…
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Stablecoin operator Paxos is launching its settlement platform for U.S.-listed equity securities after receiving a no-action relief from SEC. Paxos Trust Company announced today that it is set to introduce its Paxos Settlement Service for a number of United States-listed equity securities. In an Oct. 28 press release, digital asset trust company Paxos stated that…
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Former members of the Financial Action Task Force have joined the board of advisors of a blockchain firm that wants to implement solutions to the FATF travel rule. Former members of the Financial Action Task Force (FATF) have joined the Shyft Network’s advisory team. In a press release shared with Cointelegraph on Oct. 28, public…
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The IADB is piloting three projects to see if blockchain technology can solve some of the most urgent problems of land administration in South America. The Inter-American Development Bank (IADB) is implementing three different blockchain pilot projects to test if blockchain technology is able to solve some of the problems of land titling and registries.…
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While the Bitcoin (BTC) hashrate is breaking records, its fork, Bitcoin Cash (BCH), seems to have run into some troubles. People noticed that the blocks are slow and only partially full, and it turned out that an unknown miner controlled 50% of the network hash rate. Still, it seems that the coin’s price wasn’t affected.…
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It has been an interesting past week for the Cryptoverse, seeing both a crash and a rally. The combined 7-day Sentscore for the top 10 coins by market capitalization didn’t rise for the fourth week in a row, but it didn’t drop either. It’s still at 4.94/10, where we saw it last Monday, according to…
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Bakkt, the recently launched Bitcoin futures trading platform, said they’re now focused on the development of a consumer app and merchant portal, “as well as testing with our first launch partner, Starbucks, which we expect in the first half of next year.” “Our vision is to provide a consumer platform for managing a digital asset…
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Distributed ledger technology provider Iota, Dell Technologies and the Linux Foundation are collaborating to score data based on trustworthiness. Distributed ledger technology provider Iota, Dell Technologies and the Linux Foundation are collaborating on Project Alvarium. In an Oct. 28 press release, the nonprofit Linux Foundation announced it was forming a new project with support from…
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