Consultancy firm McKinsey & Company said that retail banks are slow to adopt blockchain technology, citing regulations and conservative consumers as obstacles.
Microsoft is going to integrate tools developed by Truffle, an Ethereum startup spun out of ConsenSys, with Azure cloud computing service to enable developers to build and manage enterprise blockchain applications, Fo…
Cryptocurrency analytics firm Coin Metrics has announced the acquisition of Bletchley Indexes, a crypto-asset index provider.
The Siam Commercial Bank (SCB), Thailand’s largest commercial bank, has retracted a statement it made about its plan to start using Ripple’s XRP token.
Support: 107.45 (21-EMA); Resistance: 127 (trendline)
Republic of San Marino’s captains regent, Nicola Selva and Michele Muratori, have issued a delegated decree, outlining the procedures for registering a blockchain-based organization with the San Marino Innovation Inst…
G20 finance ministers and central bank governors have welcomed the efforts of global regulators on cryptocurrencies and have recommended considering multilateral responses as needed.
The inter-ministerial committee led by the Indian Department of Economic Affairs secretary Subhash Chandra Garg has reportedly proposed a draft bill that seeks to make it illegal to hold, sell or deal in cryptocurrenc…
Support: 7073 (55-EMA); Resistance: 8159 (20-DMA)
Ethereum is the most commonly used platform for decentralized finance (DeFi) applications (DApps), according to a report by Binance Research published on June 6.
Blockchain-as-a-service startup BanQu announced that it closed an extension of its Series A funding round, receiving an undisclosed amount from ZX Ventures, the investing arm of brewing giant Budweiser’s parent compan…
Facebook is set to unveil the details of its cryptocurrency project, codenamed Libra, with its white paper scheduled for release on June 18, Laura McCracken, the social media giant’s head of financial services and pay…
FSB publishes report on ongoing work to address crypto-asset risks The Financial Stability Board (FSB), an international body monitoring the global financial system, has published a report on crypto-assets focused on …
Support: 0.1169 (50-DMA); Resistance: 0.1475 (trendline)
Cryptocurrency wallet service GateHub reportedly lost around 23,200,000 XRP (more than $9 million) in a recent hack, Cointelegraph reported.
Circle-owned cryptocurrency exchange Poloniex has announced margin lenders on its platform recently lost around 1,800 BTC (approximately $13.5 million) due to a “severe price crash.”
Support: 11.02 (50-DMA); Resistance: 12.78 (200H SMA)
Tech titan Microsoft has registered an application for the agricultural sector, powered by cutting-edge technologies such as blockchain and artificial intelligence (AI), in Brazil, Cointelegraph said in an exclusive r…
Support: 104.27 (21-EMA); Resistance: 127 (Rising Trendline)
Azarus, a blockchain-based service that runs on video game challenges, has raked in $1.8 million of investments from Galaxy Digital’s Galaxy EOS VC Fund, Kleiner Perkins, and SVK Crypto, Venture Beat reported.
Vostok, a private blockchain platform for enterprises and governments, has launched its main network.
Following recent reports that suggested former Mt Gox CEO Mark Karpeles is starting a new blockchain cloud firm Tristan Technologies Co., the entrepreneur has clarified that the company is not working with blockchain …
More details about the cryptocurrency project of Facebook have emerged, revealing that the social media giant now has 100 people onboard the project, CNBC reported citing information from professional networking platf…
IBM has teamed up with Moscow Institute of Physics and Technology (MIPT) and Russia’s Nornickel, the world’s biggest palladium producer, to establish an educational program on blockchain technology.
Blockchain-based mobile election voting platform Voatz has raised $7 million in a Series A funding round, led by Medici Ventures and Techstars.
Boehringer Ingelheim Pharmaceuticals has entered into a partnership with healthcare platform Solve.Care to launch a blockchain-based patient-centric care network on the Solve.Care platform.
The European Union has relaxed the wealth of information that can be reused as raw material for blockchain- and artificial intelligence-related projects.
The Australian Tax Office (ATO), the country’s tax agency, is reportedly investigating 12 international tax avoidance schemes with cryptocurrency-related activities, The Sydney Morning Herald reported on Thursday.
One of Switzerland’s most influential think tanks Avenir Suisse released a report pushing the country’s central bank, the Swiss National Bank (SNB), to start issuing a national currency.
The Reserve Bank of India (RBI) has denied having any knowledge of a bill that seeks to impose a complete ban on cryptocurrencies in the country, Bitcoin.com reported.
Despite pioneering crypto ATMs in the world, Vancouver’s authorities are turning their backs against the vending machine, saying it is “an ideal money-laundering vehicle,” and its mayor has also suggested a complete b…
Support: 379.57 (4H 200-SMA); Resistance: 414.72 (20-DMA)
Blockchain startup Ripple has opened an office in Zurich, Switzerland to sell its native token XRP to institutional investors, UseTheBitcoin reported citing details on Moneyhouse.
Support: 239.64 (236% Fib); Resistance: 255.55 (20-DMA)
LINE Pay Corporation, the operator of fintech services of Japanese chat giant LINE, has entered into a strategic partnership with payments behemoth Visa to create new financial services experiences for their collectiv…
Support: 137.86 (50-DMA); Resistance: 153.13 (21-EMA)
European heavyweight club and Portuguese champions S.L. Benfica has entered into a partnership with cryptocurrency payment solution UTRUST to start accepting cryptocurrency payments.
The U.S. Securities and Exchange Commission (SEC) has filed new fraud charges against fintech firm Longfin Corp. and its CEO Venkata S. Meenavalli.
The International Association for Trusted Blockchain Applications (INATBA) held its first general Assembly meeting on Wednesday, June 05.
Korea Post, the national postal service of South Korea, wants to integrate blockchain technology to its billing system, local media outlet News1 Korea reported.
