Crypto

Coinbase Apologizes To European Users For Missed Higher Profits

Source: Adobe/khosrork In the aftermath of its recent connectivity issues that deprived numerous users of access to their cryptoassets amid skyrocketing prices, major crypto exchange Coinbase has issued an apology to its Europe-based customers. While putting the blame for the difficulties at the recent market rally and regulatory obligations, the exchange also vowed to implement changes to improve its user ...

Read More »

SIMBA Chain secures $1.5 million Navy contract for blockchain demand sensing

SIMBA Chain, an Indiana-based blockchain technology provider, has been awarded a $1.5 million contract from the US Office of Navy Research to ‘design and build a blockchain solution to enable demand sensing.’ The contract, which falls under the Small Business Innovation Research (SBIR) Phase II branch, will see SIMBA Chain develop a demand sensing solution for the Defense Logistics Agency. ...

Read More »

Crypto M&A Growth Shows How Fast Sector Is Maturing

Source: Adobe/o_du_van A new report has concluded that increased M&A activity this year could prove just how quickly the crypto industry has matured – and how rapidly mainstream companies are becoming infatuated with this fledgling business sector. These were the findings of a review and outlook report from the Spartan Group, an Asia-based blockchain advisory firm established by three former ...

Read More »

Everledger and Rare Carat continue partnership for blockchain diamond provenance

Rare Carat, a jewellery marketplace provider, and blockchain technology firm Everledger are teaming up to deliver greater transparency and sustainability information on diamonds in the former’s marketplace. The companies noted the latest Everledger platform ‘specifically aids demand generation for retailers searching for diamonds based on their sustainability efforts, credentials and compliance standards’, as well as ‘matching suppliers who want to ...

Read More »

Russian Banks Given Power to Freeze or Block Crypto-linked Accounts

Source: Adobe/metelevan New Russian banking regulations will allow financial institutions to freeze or block the bank accounts of individuals or companies they think are associated with crypto activities. The rule change have been imposed by the nation’s Central Bank, which has outlined changes it will make to the existing banking code, stating that if they detect evidence signs of the ...

Read More »

Pension Funds Getting Set to Board Bitcoin Bandwagon, Say Insiders

Source: Adobe/keatikun The American digital asset investment giant Grayscale has suggested that pensions and endowments providers are clambering aboard the crypto gravy train – an opinion shared by an increasing number of financial industry specialists. The firm’s new CEO Michael Sonnenshein said, per Bloomberg, “We’ve started to see participation not just from the hedge fund segment […] but recently from ...

Read More »

Ethereum Nears All-Time-High…but Nobody Knows which Watershed to Aim for

Source: Adobe/Sergey Nivens Media coverage of the latest crypto rally has largely focused on bitcoin (BTC)’s performance, with the token smashing all sorts of price records in recent weeks. But this bull market is not all about the BTC – altcoins are also having a field day, particularly bitcoin’s seemingly perpetual bridesmaid ethereum (ETH). And with ether experiencing growth of ...

Read More »

ISACA offers guidance for enterprise blockchain initiatives with new framework

ISACA, the association focused on security and governance for IT professionals, is looking at how enterprises can safely make the most of blockchain technologies with the launch of a new framework. The framework, which can be found in the Blockchain Framework and Guidance report, looks to help enterprises answer three questions with regard to implementation: Do the proposed blockchain control ...

Read More »

More Bad News Coming For XRP Proves Crypto Market Matured

Source: Adobe/piter2121 There are more bad news coming for XRP, following the recent lawsuit filed against major US-based blockchain company Ripple – as yet another major exchange stops trading, an investor sues Ripple looking to force a stock redemption, and the number of addresses with XRP 1m or more has dropped sharply. However, some argue that “the fall of XRP ...

Read More »

‘Kimchi Premium Return’ Reports ‘Exaggerated’

Source: Adobe/Krakenimages.com Multiple media reports of a return to the “kimchi premium” – a phenomenon whereby bitcoin (BTC) and major altcoin prices on South Korean exchanges rises to markedly higher levels than on international trading platforms – may be “exaggerated,” according to a South Korean expert. Mira Kim, a blockchain consultant based in South Korea, told Cryptonews.com, “While last time ...

Read More »