Latest news — Page 1389

Rabobank, a major Dutch bank, will no longer push through its plan to roll out a cryptocurrency wallet called "Rabobit," according to an article by The Next Web.

Deloitte Canada has selected LiteLink Technologies, a Canadian public enterprise technology company, as blockchain delivery group, according to a press release dated May 24.

Crypto trading app Robinhood is targeting at least $200 million in new funding round, according to a report by Bloomberg on May 25.

Saudi Customs announced this month that the Dammam Port in Saudi Arabia departed the first blockchain-powered shipment to Rotterdam.

The State of Montana has become the recent U.S. state to recognize utility tokens, exempting them from being considered as securities under the local rules.

On the heels of a recent report that suggested that Facebook’s cryptocurrency will be called “GlobalCoin,” a new report from the Financial Times stated that the social media giant is holding talks with major cryptocur…

Capital markets platform iSTOX, designed by blockchain-based infrastructure firm I ICHX Tech, has joined Singapore’s regulatory sandbox to launch digitized securities trading late this year, the firm announced on Twit…

Vacheron Constantin, the oldest watchmaker in the world in continuous production, will begin using blockchain technology to track timepieces, according to lifestyle magazine Robb Report.

Leading telecommunications firm Swisscom revealed its plans to distribute tokenized artwork through its Swisscom TV television network.

Support: 221.23 (21-EMA); Resistance: 267.51 (Weekly cloud base)

U.S. IRS to soon issue crypto tax guidance The United States Internal Revenue Service is currently drafting its first crypto tax guidance since 2014, Commissioner Charles P. Rettig said recently, CoinDesk reported. In…

German multinational engineering and tech giant Bosch is trialing the Ethereum blockchain, a company spokesperson told Decrypt.

Support: 21.46 (21-EMA); Resistance: 26.10 (trendline)

A proposal on a gold-backed cryptocurrency will be reviewed by the central bank of Russia, Bank of Russia Governor Elvira Nabiullina was quoted saying by TASS.

Unstoppable Domains, a blockchain-based software company, announced on Thursday a $4 million Series A led by venture capital firm Draper Associates.

Financial services company Robinhood has officially launched its crypto-trading app in New York.

LTC/USD is extending gains for the 2nd straight session, bias higher.

Social media behemoth Facebook is reportedly gearing to launch its own cryptocurrency in about a dozen countries by the first quarter of 2020, BBC said in a new report today.

The U.S. Securities and Exchange Commission (SEC) is suing a California resident for allegedly running a multimillion-dollar cryptocurrency Ponzi scheme.

AT&T becomes the first major US mobile carrier to accept cryptocurrency as a bill payment option.

Rep. Eric Swalwell has started accepting cryptocurrencies as donations to support his U.S. presidential bid in 2020, blockchain firm The White Company announced on Thursday.

Crypto asset management firm Grayscale Investments has announced that it has received approval from the Financial Industry Regulatory Authority (FINRA) for the public quotation of eligible shares of Grayscale Ethereum…

Bharti Airtel, an Indian telecom giant, has awarded a multi-million dollar contract to IBM to deploy a blockchain-based pan India anti-spam call solution, the Economic Times reported.

The CEO and founder of crypto exchange Binance is seeking damages from venture capital firm Sequoia Capital China, CoinDesk reported.

The Lusaka City Council (LCC) has inked a Memorandum of Understanding (MOU) with Medici Land Governance (MLG), Overstock.com’s blockchain subsidiary focused on land administration, for the issuance of 250,000 certific…

Japan’s leading carmaker Toyota has teamed up with the University of Tokyo and TRENDE, a renewable energy retailer, to initiate a blockchain-based electricity trading solution.

The Russian National Settlement Depository (NSD), a subsidiary of the Moscow Exchange Group, is eyeing to launch its own digital asset ledger in June, CoinDesk reported.

Support: 0.3612 (21-EMA); Resistance: 0.4007 (5-DMA)

Coinstar, the operator of self-service coin-counting kiosks, has expanded its bitcoin buying service to more than 2,200 locations in 21 states and the District of Columbia.

Support: 7110 (21-EMA); Resistance: 7882 (5-DMA)

Switzerland’s principal stock exchange, SIX Swiss Exchange, is working on a stablecoin pegged to the Swiss franc, a spokesman for the company confirmed to Cointelegraph and CoinDesk.

Four financial institutions have successfully issued a promissory note using a blockchain platform, Cointelegraph reported.

Cryptocurrency exchange Bitfinex and its affiliated stablecoin issuer Tether have been granted a stay of document demands on Wednesday, according to its blog post.

Support: 216.96 (21-EMA); Resistance: 267.51 (Weekly cloud base)

Digital currency exchange Coinbase revealed that its cryptocurrency payment processor Coinbase Commerce now supports the dollar-pegged stablecoin USD Coin (USDC).

South Korea’s Ministry of Science and ICT has announced that it will run a second study group to promote the adoption of blockchain technology.

Craig S. Wright has been granted copyrights for the original Bitcoin white paper and bitcoin source code by the U.S. Copyright Office. The registrations issued on Tuesday recognize Wright as the author, under the penn…

IT firm Wipro has developed a blockchain solution for digital payment solutions company Travacoin to enable digital currency-based payments for the airline industry.

The United States Securities and Exchange Commission (SEC) has stopped an ongoing cryptocurrency Ponzi scheme that embezzled an estimated $30 million, the regulator confirmed in its press release on May 21.

Crypto merchant bank Galaxy Digital has sold the majority of its share in EOS developer Block.one for $71.2 million, which amounts to a 123% return on its initial investment.