The company also happened to clear a Nasdaq and NYSE listing requirement in the process. Grayscale Investments, the asset manager behind the world’s largest Bitcoin trust, announced that its Bitcoin Cash Trust and Litecoin Trust are eligible for deposit at the Depository Trust Company, the largest securities depository in the world. The Depository Trust Company…
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July saw a major shift towards top-tier exchanges on spot markets, while derivatives volumes continue to eat into spot volumes market share. CryptoCompare’s cryptocurrency Exchange Review for July 2020 has recently been published, giving an insight into last month’s exchange volume data and trends. Key points of interest include a flippening of sorts in the…
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Bitcoin’s seven-day average hash rate passes 129 EH/s for the first time as the price continues to meet resistance at the $12K level. As the price of Bitcoin continues to meet resistance passing $12,000, its hash rate has hit a new all-time high. Data from Blockchain.com confirms that on Aug. 15, Bitcoin’s seven-day average hash…
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Could blockchain fight against state-sponsored censorship in a post-coronavirus era? As people continue to rethink topics like technology development, economic measures and freedom of speech because of the COVID-19 pandemic, blockchain has now emerged as a solution for many issues. Iva Wisher, co-founder of Ignite, a decentralized microblogging platform, said blockchain may also be a…
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Why do enterprise blockchain implementations fail, and what can enterprises do to increase their chances of success? In the enterprise realm, blockchain has moved from an experimental toy to a top-five strategic priority. As a technology that can improve security and coordination both within and between enterprises, it is now seen as an important path…
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The rising price of Link will not deter Swipe’s march to decentralization. Swipe wallet and crypto debit card platform has integrated Chainlink (LINK) data oracles to improve the accuracy of reward issuance and token burns. Swipe CEO Joselito Lizarondo said Chainlink’s decentralized price feeds will provide more accurate and fair token conversion prices for users…
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After heavy funding cuts for blockchain this year, Global 2000 companies are looking to DLT to regain a competitive advantage in the post-coronavirus landscape. Professional services firm KPMG has published a report predicting that blockchain will be one of five emerging technology sectors to see increased investment from enterprises over the next 12 months. Titled…
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Two more South Korean banks are looking at crypto custody options. South Korea’s Woori and Shinhan banks have just announced their intention to introduce “crypto-asset services”. That means that four of the country’s top five banks, holding a combined value of more than $1.2 trillion in assets, are now poised to introduce crypto services. Each…
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Ripple CEO Brad Garlinghouse says the network is working as planned. Ripple (XRP) CEO Brad Garlinghouse has responded to criticism from New York Times technology reporter Nathaniel Popper after news surfaced that Santander Bank is still hesitant to use the company’s native token XRP. Popper took aim at Garlinghouse, citing statements by the CEO in…
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Facebook and YouTube are facing a class-action lawsuit alleging anti-competitive behavior in prohibiting crypto advertising in 2018. Law firm JPB Liberty filed a class-action lawsuit in the Federal Court of New South Wales earlier today, targeting Facebook and Google for anti-competitive behavior for banning cryptocurrency advertising in 2018. JPB argues the ban, which was loosened…
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