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Blockchain Startup Bridging the Gap Between Bitcoin and Ethereum With tBTC
U. S. -based entrepreneur, Matt Luongo has launched a blockchain protocol dubbed Keep, which aims to bridge the gap between the Bitcoin and Ethereum distributed ledgers through the tBTC altcoin. With tBTC, holders of bitcoin (BTC) will now be able to access Ethereum-based DeFi solutions without having to sell off their BTC for ETH, reports Bloomberg onRead MoreRead More. дальше »
2020-4-5 23:00 | |
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Blockchain Fan Andrew Yang Could Be Mike Bloomberg’s VP Pick: Report
Presidential candidate and billionaire Michael Bloomberg has been seeking Andrew Yang’s backing and is even floating the idea that the former candidate could be his vice president, according to a report in The Wall Street Journal. дальше »
2020-2-29 16:15 | |
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U.S.: Judge OKs Ripple’s “Market Toppling” Class Action Suit
According to a report by Bloomberg published on February 26, 2020, San Francisco-based blockchain project Ripple Inc. Could soon face a lawsuit that, according to the firm, could topple the market for the firm’s digital token, XRP. дальше »
2020-2-28 18:00 | |
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Bloomberg and Trump: How Different Presidents Could Shape Blockchain Technology
President Trump’s budget proposition released in early February contained little concern about investing in new technologies involving the blockchain and cryptocurrencies. This, in spite of a host of pro-blockchain advisors and global interest in blockchain, could reveal a lack of understanding by the president. дальше »
2020-2-25 17:20 | |
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Bitcoin Will Go Vertical In 2020, Spencer Bogart Says
Blockchain Capital Partner, Spencer Bogart, has been talking to Bloomberg about his predictions for Bitcoin in 2020. TL;DR – things will go vertical, and though he isn’t specifically referring to BTC price, that may well follow. дальше »
2019-12-25 22:09 | |
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TikTok Owner ByteDance and a Chinese State Owned Media Partners on Blockchain and AI
The proprietor of renowned video sharing social media platform TikTok has inked a deal for a joint venture with a Chinese state owned media company to develop artificial intelligence as well as blockchain-based business models, Bloomberg reports. дальше »
2019-12-14 20:14 | |
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Bitcoin Is In A ‘Very Interesting Position Right Now’ – Capital Link CEO
Speaking on “Bloomberg Markets: Asia,” Brett McGonegal, chairman and chief executive officer of Capital Link International said in 2020 Bitcoin is a way to go. McGonegal is bullish on the world’s leading cryptocurrency in which blockchain will play a huge role. дальше »
2019-12-9 18:23 | |
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MOBI to Develop Mobility Payments Network for Machine-to-Machine Transactions Based on Blockchain
MOBI, the Mobility Open Blockchain Initiative, is exploring blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. According to reports from Bloomberg on December 8, the non-profit organization is developing a blockchain-based payment network that allows for machine-to-machine transactions. дальше »
2019-12-9 17:00 | |
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China Targets OTC Trading Channels as Crypto Clampdown Rages On
The Chinese government is taking its regulatory hammering one step further by closing down unofficial Weibo channels that facilitate OTC trading between retail investors. According to Bloomberg, many Chinese investors held their money on exchanges such as Binance, OKEx, and Bitsoda and stand to potentially lose their holdings depending on regulation, November 27, 2019. дальше »
2019-11-28 14:00 | |
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China’s Second-Biggest Bitcoin Mining Equipment Manufacturer Raises $90M in U.S. IPO
China-based bitcoin mining equipment maker, Canaan Creative raised $90 million in its U. S. Initial Public Offering (IPO), after selling the IPO shares at the bottom of its marketed range, reports Bloomberg on November 21, 2019. дальше »
2019-11-23 00:00 | |
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CZ: An Increasing Number of Institutional Investors are Willing to Hold Cryptocurrencies
Binance cryptocurrency exchange CEO, Changpeng Zhao – commonly known as “CZ” in the cryptospace – believes that a large number of institutional investors are willing to enter the digital currency industry despite the regulatory uncertainty surrounding it. дальше »
2019-11-18 12:00 | |
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Blockchain and Crypto: Binance CEO Has High Hopes for the Future
Changpeng “CZ” Zhao, blockchain expert and CEO of leading cryptocurrency exchange Binance, is more than optimistic about the future of blockchain and digital currency, saying the industry will only get bigger over the next few years. дальше »
2019-11-16 20:00 | |
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Crypto Adoption May Not Be Mainstream Yet, But Growth is Undeniable
If you asked someone in 2013 what the Bitcoin/cryptocurrency ecosystem would look like in 2019, they probably envisaged a future where they procure housing, food, and everything else with seamless cryptocurrency payments. дальше »
2019-11-8 00:00 | |
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Ripple CEO discusses plans for 2020; where is XRP heading next?
Brad Garlinghouse, CEO at Ripple, sat down with Bloomberg to discuss the future of the company and the developments done on XRP. Making Strides Garlinghouse affirmed that the cryptocurrency market is currently oversaturated with worthless projects. дальше »
2019-11-7 16:49 | |
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Forensic Researchers Claim a Single Whale Caused the 2017 Bitcoin (BTC) Spike
John Griffin and Amin Shams, two well-known forensic researchers, have built on their previous research which accused Tether (USDT) of single-handedly causing the 2017 bitcoin rally. According to research shared with Bloomberg, the two have found that when BTC decreased in a certain increment on Bitfinex, one single whale exerted enough orderbook pressure to flipRead MoreRead More. дальше »
2019-11-5 13:07 | |
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Governments Planning Their Own Cryptocurrencies Means War, Not Flattery
It would be easy to believe that governments and Central Banks showing their interest in blockchain and cryptocurrency would indicate flattery to the decentralized pioneering coins. Instead, it should be considered a direct threat and stern competition. дальше »
2019-11-5 01:47 | |
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Bakkt Tie-Up with Starbucks is Materialising into a Potential Showstopper
In early 2020, Bakkt will begin testing its consumer app along with one of its prime partners, Starbucks. The lifelong dream of Bitcoiners to walk into a Starbucks and pay for their coffee with sats is set to become a reality, according to Bloomberg, October 28, 2019. дальше »
2019-10-30 10:00 | |
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Facebook Heavily Criticized in Congressional Hearing, Zuckerberg Evades Specific Questions
Mark Zuckerberg testified in front of Congress yesterday, and to questions thrown his way were riddled with suspicion and contempt. Members of Congress present for the heated testimony emphasized Facebook’s inability to act on important issues such as election time misinformation, false advertising, and refusal to fact check any information, according to Bloomberg, October 23,Read MoreRead More. дальше »
2019-10-24 15:00 | |
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European Regulators won’t Oppose Stablecoins but Double-Down on Libra Warning
Benoit Coeure, a French economist and executive director on the ECB, believes now is the time to step up the weight of regulation for digital currencies. As per Bloomberg, Coeure believes Bitcoin and other major FinTech innovations were being closely watched and allowed to unravel in their sandbox, but now with Libra, there is anRead MoreRead More. дальше »
2019-10-18 19:00 | |
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IMF To Warn Central Banks That Payment Narratives are Shifting Away From Them
Central bankers and finance ministers are set to come together for the World Bank annual meeting, and the IMF has some strong advice for them: regulate digital currencies or watch your monetary monopoly lose power. дальше »
2019-10-18 22:00 | |
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Libra Association will gain more Members, Says Facebook’s David Marcus
David Marcus, the Facebook Inc. representative spearheading the Libra cryptocurrency project is hopeful that despite the recent jolts to the Libra Association, the ambitious digital currency initiative will attract more firms as regulatory uncertainties get clearer. дальше »
2019-10-16 18:00 | |
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Asia is Establishing Itself as a Cryptocurrency Marketforce Super Power
Whilst it’s true that the United States is the single largest country in terms of exchange-based purchasing volume, China has surged past them in terms of over-the-counter (OTC) Bitcoin and Tether trading volume. дальше »
2019-10-15 16:00 | |
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Moonday Mornings: eBay, Mastercard, Visa, Stripe, and Mercado Pago leave Facebook’s Libra Association
Good morning forkers, it’s that time of the week again. It’s Hard Fork’s wrap-up of the weekend’s cryptocurrency and blockchain headlines you shouldn’t miss. Let’s get to it. 1. Facebook‘s “cryptocurrency” Libra is facing yet more challenges as Mastercard, Visa, eBay, payment system provider Stripe, and South American partner Mercado Pago have pulled out of the troubled project, The Financial Times reports. дальше »
2019-10-14 11:40 | |
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Mark Zuckerberg to Testify Before Congressional Committee on October 23
Facebook chief, Mark Zuckerberg, will testify in front of Maxine Waters led House Committee for Financial Services on in two weeks. After David Marcus sat through two days of difficult questions, the committee insisted on Zuckerberg coming down himself, and he has obliged. дальше »
2019-10-10 19:00 | |
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IRS Offers Fresh Guidance for Cryptocurrency Holders
The IRS has released its first cryptocurrency taxation guidance since 2014, when it ruled that all virtual currencies are property and taxed as such. According to Bloomberg, several notable accountants and lawyers see this is a great move, as it gives investors more clarity and paves the way for reasonable regulation, October 9, 2019. дальше »
2019-10-10 17:00 | |
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EU Financial Services Chief Hints at Broad Cryptoasset Regulation
During a parliamentary confirmation hearing, the European Commissioner for Financial Stability and Financial Services, Valdis Dombrovskis, said that the E. U. is planning to regulate cryptoassets following the unanticipated wake-up call from Libra. дальше »
2019-10-10 15:00 | |
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Mastercard, Visa and Stripe Asked to Reconsider Facebook Libra Participation by U.S. Senators
In a letter to Visa, Mastercard, and Stripe, Senate Democrats Sherrod Brown and Brian Schatz have asked the companies to reconsider their involvement with Facebook’s controversial Libra cryptocurrency project. дальше »
2019-10-10 01:00 | |
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Speculators Heaven: CoinFLEX Launches Derivatives to Gamble on Libra Launch
A relatively new cryptocurrency futures exchange, CoinFLEX, has announced they are launching a product for traders to speculate on whether Libra will launch in 2020 or not. As per Bloomberg, the product is designed so that it gives a payout based on whether or not the crypto will launch, but if Libra still hasn’t shippedRead MoreRead More. дальше »
2019-10-7 15:00 | |
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Symbiont And Vanguard Start Testing Blockchain-based Technology For Forex Trading
Giant mutual fund company Vanguard Group is reportedly testing a blockchain-powered foreign exchange (FX) trading platform to allow asset managers to easily trade currencies. According to a report by Bloomberg, Vanguard Group has teamed up with Symbiont which offers blockchain technology to develop the FX trading platform. The new platform will allow asset managers to […] дальше »
2019-10-3 23:27 | |
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Initial Backers of Facebook’s Libra Consortium Second Guessing Decision to Join
Visa, PayPal, Mastercard, and Stripe, all of whom signed non-binding agreements to be a part of the Libra consortium, are now unsure of whether they want to go ahead with Libra. According to Bloomberg sources, the companies are being asked to confirm their intent by October 14, when the charter signing is scheduled to takeRead MoreRead More. дальше »
2019-10-3 19:00 | |
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Stablecoin Tether (USDT) Surpasses Bitcoin as most Traded Digital Currency
The world’s most widely used cryptocurrency is Tether (USDT) and not Bitcoin (BTC), this according to a BNN Bloomberg report published October 1, 2019. Citing data from the cryptocurrency analytics website CoinMarketCap. дальше »
2019-10-1 20:00 | |
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Spring Labs To Create Blockchain Registry For $5.6B Energy Loans Market
Spring Labs, a blockchain-centered startup has acquired a license to track the liens registry in the $5.6 billion energy-efficiency loan market using DLT, reported Bloomberg. The main goal of the startup would be streamlining the loaning process using the decentralized tech to cut frauds and increase overall efficiency. As per the deal, four lenders under […] дальше »
2019-10-1 19:50 | |
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Facebook COO Sandberg Could Testify As Soon As October 2019
A Bloomberg report published on September 27, 2019, claims that multi-billion social media giant Facebook Inc. is in talks with a prominent congressional committee for its Chief Operating Officer (COO) Sheryl Sandberg to testify as soon as the next month. дальше »
2019-9-28 23:00 | |
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Former Fed Official Refutes BoE Governor’s Suggestion to End Dollar Dominance
Ex Federal Reserve senior official, Simon Potter, has rebutted against Mark Carney’s recent suggestion to introduce a digital currency to be used as the global reserve currency for international settlement. дальше »
2019-9-26 19:00 | |
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Cryptocurrency Exchanges Resort to Marketing Measures to Revive Falling Volume
Large cryptocurrency exchanges, including Binance and BitMex, have recently increased their referral fee in a bid to bring back customers and stage a revival in exchange volumes. According to sources from Bloomberg, exchange volumes have fallen by nearly 40 percent over the year, and exchanges are desperate to stage a resurgence as their revenue isRead MoreRead More. дальше »
2019-9-26 20:00 | |
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Bakkt Futures Contracts Launch, Trading Goes Live
The much-awaited launch of Bakkt was successfully completed, with contracts for institutional participants available for trade over the platform. A Bloomberg report highlighted the different types of contracts to be launched and what’s next on Bakkt’s agenda, September 23, 2019. дальше »
2019-9-23 15:22 | |
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Patrick Byrne Liquidates Overstock Stake for Gold, Silver and Cryptocurrency
Ex-Overstock CEO, Patrick Byrne, has liquidated his $90 million stake in the company in order to fund investments in bullion and cryptocurrency. According to Bloomberg, Byrne did this to “battle the deep state” that he reportedly helped in an investigation against a Russian activist who is currently in prison for attempting to influence United StatesRead MoreRead More. дальше »
2019-9-20 12:45 | |
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Cryptocurrency Exchange Binance and Matrixport Invest in Chinese Media Firm
Crypto exchange Titan, Binance, and Jihan Wu’s Matrixport have joined in on a $200 million Series B round for Mars Finance: a Chinese media firm that aims to bring more clarity and information to the space. дальше »
2019-9-19 09:00 | |
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France: Crypto-to-Crypto Transactions Tax-Exempt Unless Traded for Fiat
France has welcomed cryptocurrency investments by announcing that crypto to crypto transactions will be tax-exempt, and necessary taxes will be applied only when selling crypto for fiat currency. According to Bloomberg Tax, France will also introduce a value-added tax (VAT) for transactions where crypto is directly used to purchase goods and services, September 12, 2019. дальше »
2019-9-13 17:00 | |
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China is Already a Digital Economy, so why Introduce a Central Bank Digital Currency?
China has been trending away from cash and toward digital payments for quite some time now. In 2018, 3. 8 quadrillion yuan was remitted using plastic cards, cheques, electronic transfers, and other formal methods. дальше »
2019-9-11 13:16 | |
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Bloomberg: ослабление юаня повысило спрос на биткоин в Китае
Обратная корреляция биткоина и юаня со временем усиливается. Это может говорить о том, что китайцы все чаще рассматривают BTC в качестве защитного актива, отмечают в Bloomberg. Пиковых значений обратная взаимозависимость достигла в конце августа: По словам исследователя Лондонской школы экономики и руководителя отдела исследований в Blockchain. дальше »
2019-9-8 21:29 | |
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Bloomberg: ослабление юаня повысило спрос на биткоин в Китае
Обратная корреляция биткоина и юаня со временем усиливается. Это может говорить о том, что китайцы все чаще рассматривают BTC в качестве защитного актива, отмечают в Bloomberg. Пиковых значений обратная взаимозависимость достигла в конце августа: По словам исследователя Лондонской школы экономики и руководителя отдела исследований в Blockchain. дальше »
2019-9-7 12:41 | |
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Exchange Volumes on the Decline Since 2017 All-Time-Highs
As per data tracking service TokenAnalyst, exchange volumes have yet to recover to 2017 levels despite various media reports that early 2019 saw the highest amount of exchange-traded volume. According to Bloomberg, this is a signal of negative retail sentiment, however, the analysis is focused on unique addresses sending money into exchange, not cumulative inflow,Read MoreRead More. дальше »
2019-9-7 01:00 | |
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Burundi: Government Bans Bitcoin Trading
The government of Burundi has placed a blanket ban on cryptocurrency trading in the state citing a lack of protection for consumers who burn their fingers trading bitcoin (BTC) and other digital assets. дальше »
2019-9-6 23:00 | |
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Facebook’s Libra Slammed by European Central Bank Executive
According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy. дальше »
2019-9-3 09:00 | |
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Binance Believes it can Manage Regulatory Issues Better than Libra
After the future of Libra was put in doubt, a number of projects have announced their intent to bring the same vision to life. A Bloomberg report details how top brass at Binance are confident of their ability to successfully launch Venus, with little friction from regulators, August 29, 2019. дальше »
2019-8-31 15:00 | |
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Global Central Bank Digital Currency as a Catalyst for the Demise of the U.S. Dollar
Earlier this week, Mark Carney, the governor of the Bank of England, brought up the idea of a central bank operated digital currency akin to Libra to bring an end to the dominance of the U. S. dollar as the global standard for trade and international hedges. дальше »
2019-8-27 17:00 | |
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Sale of Ripple (XRP) Tokens Blamed for Collpase in Value
According to an article published by Bloomberg on August 23, the reason why XRP price has been falling during 2019 could be due to a continuous sale of XRP by Ripple. In response, people have started an online petition on change. дальше »
2019-8-25 09:00 | |
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