Tag: bitcoin

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Saxo Bank’s Outrageous Prediction 2020: Asia Launches DLT-Based Asset

In its new “Outrageous Predictions” report, Danish Saxo Bank says that Asia will launch its own blockchain-based digital asset in 2020. Major Danish bank Saxo Bank has predicted that Asia will launch its own blockchain-based digital asset in its new report of smashing predictions for 2020. The latest edition of “Outrageous Predictions” by Saxo Bank…
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Andreas Antonopoulos Slams Intuit After Payments Block for Crypto Use

Accounting software company Intuit allegedly requested that Antonopoulos distance himself from cryptocurrency while halting his ability to accept credit card payments. American financial software company Intuit has apparently limited the account of one of the cryptocurrency industry’s best-known figures, Andreas Antonopoulos.  In a series of tweets on Dec. 4, Antonopoulos stated that Intuit had prevented…
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World’s 5th Biggest Bank to Launch ‘Digital Currency’ Company in 2020

One of Japan’s largest companies, Mitsubishi UFJ Financial Group (MUFG), is set to co-launch a “digital currency” and smartphone-based payment service – in conjunction with Japanese human resources network Recruit. Per a report from Nikkei, the new joint-venture company will debut in 2020, and will be 49% owned by MUFG, with Recruit owning 51%. The…
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Bitcoin and Altcoins Gaining Bearish Momentum

In the past two days, bitcoin price failed to gain pace above the USD 7,350 and USD 7,400 resistance levels. As a result, BTC/USD started a fresh decline and recently broke the key USD 7,200 support area. However, the price is still holding USD 7,000 (09:00 UTC), below which there is a risk of a…
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No Demand for a State Digital Currency in Japan: Central Bank Governor

Bank of Japan Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency in the country. Bank of Japan (BOJ) Governor Haruhiko Kuroda said that there is no public demand for a central bank digital currency (CBDC) in the country. During his speech at the symposium for the 35th…
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SoFi Obtains BitLicense to Offer Crypto Trading Services in New York

California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services. California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services (NYDFS), the regulator said in a statement on Dec. 3. SoFi is now one of 24 crypto-related firms that have obtained…
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Japan: MUFG Bank Denies Reports It is Developing New Digital Currency

A statement from MUFG contradicts earlier press reports, which claimed that it would launch a digital currency in 2020 following a recent partnership. MUFG Bank, the largest bank in Japan and the world’s fifth-largest bank, has denied reports that it plans to launch a digital currency in Japan next year. In a statement on Dec.…
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China’s Great Firewall Blocks Popular ETH Block Browser Etherscan

China’s Great Firewall, a tool used to ban Chinese people from using sites like Google, and Facebook, has blocked Etherscan’s site. China’s Great Firewall, a tool used to ban Chinese citizens from using sites like Google and Facebook, has listed a major explorer for Ethereum’s (ETH) blockchain. According to data from non-profit monitoring organization GreatFire,…
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Ethereum’s Proposed Hard Fork ‘Muir Glacier’ Would Delay Impending Ice Age

Ethereum developers propose a hard fork named Muir Glacier intended to address the impending Ice Age on the Ethereum mainnet. Ethereum developers have proposed a hard fork, named Muir Glacier, that should address the impending Ice Age, which could cause a significant slowdown on the Ethereum mainnet. In an Ethereum improvement proposal at the end…
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Zcash Donates $40K to Canadian Private Messaging Developer

Open Privacy, a non-profit group working on a decentralized metadata-resistant messenger, received 1,044 ZEC from Zcash. The Zcash Foundation, the firm behind privacy-centric cryptocurrency Zcash (ZEC), has donated $40,000 to a Canadian private messaging developer. The Open Privacy Research Society, a non-profit group working on Cwtch, a decentralized metadata-resistant messenger, has received 1,044 ZEC from…
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