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U.S.-based banking giants Citigroup and Goldman Sachs conducted the first equity swap on a new blockchain built using tools originally designed for Ethereum. Forbes reports that this was a total return swap in which one bank agreed to make a payment based on the returns of an underlying asset...
You can now use Bitcoin (BTC) emoji in your tweets, and there are calls for it to be added by the world standard for text and emoji. Twitter co-founder and CEO Jack Dorsey brought good news to the Cryptoverse on February 2, by tweeting the famous Bitcoin logo, signifying that...
It’s no secret that Bitcoin has issues when it comes to privacy. After all, it’s pretty difficult to implement privacy features in a system that puts the entire history of transactions on a public ledger for everyone to see. That said, improvements to Bitcoin privacy have been slowly implemented over...
If your biggest weakness is procrastinating by scrolling through social media instead of working but you’re really into crypto, you may be in luck. Business.Club offers you the best of both worlds: a social network connecting you to like-minded people, a crypto wallet that generates passive revenue, and crypto...
In a dramatic turnaround, the largest single shareholder of South Korean crypto exchange Bithumb has pulled out of a lawsuit that could have threatened the very existence of the domestic market-leading platform. Vidente, which in November last year sealed a deal to purchase a 34.24% stake in Bithumb from holding...
It would certainly be strange to draw all money from a bank like people are taking their crypto off the exchanges today. And it would be unthinkable for the banks to support their customers taking their money out en masse. Yet, that's what we see in the Cryptoworld. What’s...
Fiats will go digital in 2020, with 50% of the biggest global banks in the world set to work with digital assets, says Brad Garlinghouse, the CEO of Ripple. Garlinghouse has predicted that half of the world’s top 20 biggest banks will be actively holding and trading digital assets next...
One of the hottest topics in cryptocurrencies is the prospect of major economies launching state-backed digital coins. China’s central bank recently accelerated plans for what is currently known as the Digital Currency Electronic Payment (DCEP). It could launch within the next 18 months, while the European Central Bank is...
This past week, bitcoin price started recovering above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even spiked above USD 7,650, but it struggled to continue higher. However, the price failed to retain strength above USD 7,600. It is currently (09:00 UTC) consolidating above USD 7,400 and it...
The second largest producer of Bitcoin mining equipment, China-based Canaan, ended its first week on the Nasdaq exchange in red, while its main rival, another Chinese giant that is reportedly working on its own initial public offering (IPO), Bitmain, confirmed its plans to introduce two new types of mining...