Binance’s latest research report has argued that with Ethereum’s pending switch to proof-of-stake in January, staking is set to have a major impact on the industry. Binance’s latest research report has argued that with Ethereum’s pending switch to proof-of-stake (PoS), staking is set to have a major impact on the industry. The report, published on…
Read more
After China announced its new focus on the blockchain technology last week, South Korea follows suit with additional investments. The country’s government will invest some USD 12.8 million in blockchain projects in 2020, the Ministry of Science and ICT has confirmed. Per Fn News, the ministry has outlined a range of spending plans it hopes…
Read more
As excitement continues around the country’s sudden endorsement of blockchain, the local press reportedly seeks to dampen hopes of a reversal of its crypto ban. China should embrace blockchain technology but not “speculate” about cryptocurrencies such as Bitcoin (BTC), state media claim. State newspaper: “We must remain rational” As Reuters reported on Oct. 29 quoting…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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.…
Read more
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.…
Read more
