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Bank for International Settlements: Cryptocurrencies Beyond the Hype
The Bank for International Settlements (BIS) dedicated a full chapter to cryptocurrencies in its 2018 Annual Economic report prerelease. The report concluded that design flaws and cumbersome cost of establishing decentralized trust make cryptocurrencies fail as a viable money substitute. дальше »
2018-6-22 21:43 | |
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Experts: Many Small Cryptocurrency Exchanges To Go Out Of Business Soon
Experts and analyst in the crypto industry have predicted a widespread shutdown of small exchange platforms because of their inability to attract investors. A report released by 8BTC.com, a blockchain news platform operating in China, indicated that the first 14 major crypto exchanges take up about 73% of the total value of transactions made in […] The post Experts: Many Small Cryptocurrency Exchanges To Go Out Of Business Soon appeared first on ZyCrypto. дальше »
2018-6-22 14:13 | |
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Korean Government to Fund Six Blockchain Projects with $9 Million
The country has sights set on being one of the leaders in blockchain technology and has made a strong statement after the Ministry of Information and Communication Technology (ICT) revealed in a report that 10 billion Korean won (app. дальше »
2018-6-22 13:44 | |
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Korean Government to Lead 6 Blockchain Pilots With $9 Million Finance
The South Korean government will invest 10 billion Korean won (or $9 million) to support blockchain development in the country, with plans to carry out six pilots using blockchain technology. According to a report from CoinDesk Korea, the country’s Ministry of Science and ICT published a blockchain development strategy on Thursday. The agency said the government plans to дальше »
2018-6-22 11:53 | |
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Block secure
Technology giant Tencent is teaming up with the Chinese government to fight blockchain-related security issues. The firm’s vice president, Bin Ma, announced the formation of the China Blockchain Security Alliance during the China Blockchain Security Forum in Beijing on Thursday, according to a report from ChinaNews, a state-owned media outlet. The forum, hosted by the government-backed дальше »
2018-6-22 09:55 | |
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China Really, Really, Likes EOS
China’s national blockchain referee has made a call, and the rulings are in: EOS is by far the China’s favorite blockchain, distantly followed by Ethereum and NEO. The scores were released in China’s second monthly Global Public Chain Assessment Index, which was published yesterday. дальше »
2018-6-21 22:28 | |
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Bank of Korea Denies Plans for Launching a Cryptocurrency
The Bank of Korea (BOK) on Monday argued against the issue of digital currencies by the central bank in a recent report. The bank said that launching its own central bank digital currency (CBDC) will raise the basic mechanisms of its monetary policy and make open market operations more complex. дальше »
2018-6-21 20:02 | |
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Stellar Buys Chain For ‘$500M’ — But Insider Trading Suspicions Remain
News that Stellar is in talks to purchase blockchain finance startup Chain has lent new weight to accusations that investment fund manager Ari Paul conducted insider trading with private information. дальше »
2018-6-21 19:00 | |
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Third-party report says all Tether (USDT) fully backed by US dollar reserves
Tether, the provider of tokenized fiat currencies on the Bitcoin blockchain, has released a report from Freeh Sporkin & Sullivan, LLP (FSS) confirming that all Tethers (USDT) in circulation are sufficiently backed by US dollar (USD). дальше »
2018-6-21 00:50 | |
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Third-party report says all Tether (USDT) fully backed reserves
Tether, the provider of tokenized fiat currencies on the Bitcoin blockchain, has released a report from Freeh Sporkin & Sullivan, LLP (FSS) confirming that all Tethers (USDT) in circulation are sufficiently backed by US dollar (USD). дальше »
2018-6-21 00:50 | |
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, the bank claims that using a blockchain to process the volume of retail payments made daily “could bring the internet to a halt.”.
As previously reported, the release precedes the organization’s full annual economic report, which will be published next week. In addition, the bank claims that using a blockchain to process the volume of retail payments made daily “could bring the internet to a halt. дальше »
2018-6-18 13:58 | |
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Bitcoin Could Break The Internet
This week, the Bank of International Settlements (BIS), a membership group of over 60 of the worlds central banks, based in Switzerland have recently published a report that explores cryptocurrencies from both a financial and sociological/cultural perspective. дальше »
2018-6-18 13:30 | |
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VeChain Details its Expenditure and Token Supply Status with Latest Quarterly Report
VeChain, the supply chain-focused project which is prepping for an upcoming mainnet launch, has released their 3rd quarterly financial… The post VeChain Details its Expenditure and Token Supply Status with Latest Quarterly Report appeared first on Invest In Blockchain. дальше »
2018-6-18 12:52 | |
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Halt the Internet? BIS Report Critiques Blockchain and DLT Claims
The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers. дальше »
2018-6-18 10:00 | |
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Korean Banks to Use Samsung SDS Blockchain in imitation of Verify Customer IDs beside July
A South Korean commercial banks group will initiate a blockchain-powered customer ID verification platform in July 2018, as per the reports on June 12. Reportedly, the Korea Federation of Banks (KFB) will launch their “BankSign” identity verification system to be made use of in both online computer-based and mobile banking. According to the report, development […] дальше »
2018-6-15 19:26 | |
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Finder Panel Predicts That Ethereum Will Rise 82%
Once again, in continuing our analysis of the Finder report, during which ten blockchain experts have made predictions for closing prices of a number of cryptocurrencies on the 31st of December 2018, based on predictions relating to the performance of the respective currencies between now and the end of the year. дальше »
2018-6-15 09:00 | |
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CoinDesk Responds To Reports Of Bitcoin Price Manipulation
Following the University of Texas report published yesterday on the possibility of Tether and Bitcoin’s manipulated price inflation through Hong Kong-based exchange, Bitfinex — I want to offer Director of Research at CoinDesk, Nolan Bauerle as a source. дальше »
2018-6-15 04:56 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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McAfee highlights emerging cybersecurity risks associated with blockchain
McAfee, the device-to-cloud cybersecurity company, today released a report detailing the numerous cybersecurity risks associated with blockchain-based cryptocurrencies, and asserts the necessity of making cybersecurity a top priority as industry builds out the foundations for the widespread implementation of blockchain technologies. дальше »
2018-6-14 20:16 | |
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Litecoin Won’t Even Reach $200.00 By 2019
In continuing our analysis of the Cryptocurrency Predictions for June 2018 report by Finder, we turn to the team’s predictions for Litecoin. We have recently reported that by Finders calculations, Bitcoin will only just breach $14,000. дальше »
2018-6-14 09:00 | |
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JD.com finance funds to issue asset debit securities on a blockchain
JD Finance, a subsidiary of Chinese e-commerce giant JD.com, announced on Wednesday that it is planning to issue asset-backed securities (ABSs) on a blockchain. According to a report from the Securities Times, an outlet of the China Securities Regulatory Commission, JD Finance established the trial in partnership with Huatai Securities, a brokerage firm that will underwrite the дальше »
2018-6-13 13:53 | |
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Report: Banks Are Spending $1.7 Billion Each Year on Blockchain
Adoption of the blockchain within the financial services industry is on an intense upward trajectory, according to the findings of management consulting company Greenwich Associates. They have found that the industry is spending about $1. дальше »
2018-6-13 05:00 | |
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Blockchain Will Be 10 Times More Valuable Than the Internet China State Tv
The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA China Central Television, a state TV channel controlled by the government, released an hour-long report covering blockchain technology and cryptocurrency, featuring various topics including blockchain дальше »
2018-6-13 00:47 | |
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Kakao, Korean Government to Illuminate Social Issues with Blockchain
GroundX, the blockchain subsidiary of the South Korean messaging giant Kakao, has announced it will work with a government-backed agency to develop blockchain projects focusing on social and public services. дальше »
2018-6-12 18:02 | |
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NEO: Market Report, by eToro
Summary NEO, frequently nicknamed within the cryptocurrency community as The One,Ethereum ‘‘killer’’ or Chinese Ethereum, is a blockchain platform that implements digital assets, dApps and smart contracts, and tries to solve some scalability and regulatory issues of its competitors. дальше »
2018-6-12 16:06 | |
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