Ripple (XRP) charts suggest that there may be early signs of a price reversal after a year-long downtrend. The majority of the Ripple (XRP) holders were waiting for the yearly Swell conference to bring some excitement to XRP price. However, the price didn’t move at all and now Ripple is searching for annual lows on…
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OneConnect Financial Technology, a unit of China’s major insurer Ping An, aims to raise up to USD 504 million in an initial public offering (IPO), compared to USD 1 billion, reportedly considered in June this year. The IPO was launched yesterday after the company reduced both its target offering size and valuation, according to their…
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Canadian venture capital firm secured $320 million to make investments in promising fintech startups around the world, with a particular focus on Canada. Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally. On Dec. 3, TechCrunch reported that the VC…
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Security researchers have uncovered a vulnerability that could allow hackers to access private data on any Android phone, including login credentials to crypto wallets. Promon security researchers have uncovered a vulnerability that could allow cybercriminals to access private data on any Android phone. 500 most popular apps are at risk On Dec. 2, the Norwegian…
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Bitcoin price hovers around the $7,300 mark as the cryptocurrency markets remain sluggish. Tuesday Dec. 3 — Most cryptocurrencies continue trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past few days. Cryptocurrency market daily overview. Source: Coin360 Bitcoin started the day at $7,344, at which point…
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Cointelegraph launches its consulting division to drive enterprise blockchain adoption, partnering with Insolar and VeChain to grow network reach and educate the general public on the value of blockchain for business. Cointelegraph, the leading publication for blockchain and cryptocurrency news, has announced the launch of its Cointelegraph Consulting division. The new business sector is focused…
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A new study from Cointelegraph Consulting and Insolar highlights potential massive savings to be had through enterprise blockchain adoption. The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs. According to a new study from Cointelegraph Consulting and Swiss enterprise blockchain firm Insolar, blockchain technology can…
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South Korean startup claims to have developed a new technology that could reduce blockchain transaction times to fractions of a second. The South Korean-based firm Bloom Technology announced that they have created a new technology that is able to speed up transactions on the blockchain. On Dec. 3, United Press International reported that Bloom Technology’s…
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Disclaimer: The text below is a press release. ________________ December 2, 2019, New York City – Business journalists are constantly targeted by hackers and “hacktivists” trying to get fake financial stories covered by a quality news source. Motivated by profit, politics or malice, these scammers get more creative by the day. Over the past few…
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‘The best’ bitcoins are the ones from the Silk Road, the first modern darknet market, because they’ve got through the U.S. Marshalls and have been ‘blessed’ by the U.S. government – ‘those are very clean,’ Matt Walsh, Partner at Castle Island Ventures, a U.S.-based venture capital firm, joked while discussing so-called “virgin bitcoins” during a…
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