Latest news — Page 626

Digital currency exchange Coinbase on Friday announced that its Coinbase Earn Program has expanded to more than 100 countries, allowing users to earn while learning cryptocurrencies.

The Securities Commission of The Bahamas (SCB) has proposed a new framework to regulate the issuance and sale of digital tokens to lure blockchain businesses and crypto investments to the island nation.

Facebook has registered a new financial technology company, Libra Networks, in Geneva, Switzerland, on May 2, as shown on Geneva’s commercial register.

Dutch bank ABN Amro announced on Friday that it plans to launch a digital blockchain platform that aims to securely and effectively manage post-trade processing of commodity transactions.

Billon Group’s subsidiary, Billon Solutions, inked a cooperation agreement on Friday with the Centre for Research on Legal Aspects of Blockchain Technology, operating at the Faculty of Law and Administration of the Un…

The European Central Bank (ECB) said that crypto-assets currently do not have any risks or threat to Europe’s economy, according to its May report.

Foreign exchange company FXCM announced on Friday that it will start offering two cryptocurrencies.

Support: 75.14 (21-EMA); Resistance: 84.40 (5-DMA)

ECB official sees more potential in stablecoins than bitcoin An official of the European Central Bank (ECB) recently said that all cryptocurrencies are not created equally, Bloomberg reported. Speaking in Paris this w…

ETH/USD extends retrace from 8-month highs of 281

A number of banking giants are teaming up for a blockchain-based settlement project, Computer World reported May 17.

Support: 6588 (21-EMA); Resistance: 8488 (Jul 24 high)

Leading cryptocurrency exchange Coinbase is in talks to acquire crypto custody provider Xapo for about $50 million, sources familiar with the matter told The Block.

South American crypto startup Ripio has released a trading platform and an over-the-counter (OTC) desk, as reported by Cointelegraph.

Brave, a free and open-source web browser developed by Brave Software Inc., is looking to pull in between $30 million and $50 million at a valuation of around $133 million in a Series A equity round, CoinDesk reported.

Blockchain smartphone maker Sirin Labs has announced that FINNEY users can now purchase cryptocurrencies with a credit card directly through the smartphone.

Poloniex, one of the world’s largest and most popular cryptocurrency market platforms, announced that it will stop offering nine coins in the United States, according to a blog post.

Cryptocurrency exchange Bitfinex announced on Thursday that a New York Supreme Court judge has granted its motion to modify an injunction obtained by the New York Attorney General (NYAG).

The European Central Bank and the National Bank of Belgium have issued a call for papers, including those focused on blockchain and cryptocurrencies, for a payments innovation conference to be held on 26 and 27 Novemb…

LVMH, a French multinational luxury goods conglomerate which owns brands like Louis Vuitton and Christian Dior, in collaboration with ConsenSys and Microsoft, has formed blockchain consortium targeted at the luxury in…

Many technology industry lobby groups and fintech startups have urged the Reserve Bank of India (RBI) to include cryptocurrency and other related crypto-assets in the regulatory sandbox framework, the Economic Times r…

The central banking authorities of Hong Kong and Thailand are teaming up to promote financial innovation and undertake joint research projects, including one focused on central bank digital currency (CBDC).

French director Dominique Boutonnat has submitted a recommendation report to the National Center for Cinematography (CNC), with a heavy emphasis on blockchain technology.

5G services are now becoming a reality and have been recognized as vital to the 4th industrial revolution infrastructure. There is a high level of enthusiasm regarding the impact the technology will have in our daily …

Crypto trading platform Liquid has established a joint venture with Virtual Currency Partners to break into the US market.

One-third of the ether, the native cryptocurrency of the Ethereum blockchain, in the world is owned by only 376 people, a study conducted by Chainalysis found.

Seed CX, a Chicago-based cryptocurrency exchange, has announced support for three stablecoins on its platform.

Support: 17.6586 (50-DMA); Resistance: 25.7401 (61.8% Fib)

ETH/USD is trading largely unchanged at 248 at 10:45 GMT

The World Bank and Commonwealth Bank (CBA) have successfully recorded a secondary bond market trade on a blockchain, according to a press release dated May 16.

Support: 7970 (1H 55-EMA); Resistance: 8488 (July 2018 high)

UK-based blockchain payment startup Billon Group has been awarded nearly €2 million (approximately $2.1 million) grant from the European Commission (EC) under the SME Instrument program, which is a part of the Horizon…

Blockchain startup Blockstream has announced a new platform that will allow businesses to issue their own tokens on the Liquid Network.

Silicon Valley-based cloud technology company InfStones has raised $2 million in seed funding to develop its block-producing capacity in proof-of-stake (PoS) networks, CoinDesk reported.

Dunamu, the company behind South Korea’s cryptocurrency exchange platform Upbit, announced on Wednesday that it has invested $46 million in 26 companies over the past year.

American multinational financial services corporation Fidelity Investments is looking for talented individuals for its institutional-grade crypto custody wing, Fidelity Digital Assets, as posted on the company’s caree…

Materials science company Avery Dennison and supply chain firm EVRYTHNG have launched a blockchain solution for the fashion industry in collaboration with designer Matthew Williams’ fashion label Alyx.

Web browser Opera has announced its plans to soon add support for TRON’s TRX and other TRC-standard tokens within its browser.

The U.S. Secretaries and Exchange Commission (SEC) has penalized blockchain author Alex Tapscott and his investment firm NextBlock Global for misleading investors pertaining to digital asset investments.

Tech titan Microsoft this week unveiled a decentralized identity (DID) network built on the bitcoin blockchain.