Audit and consultancy firm, KPMG, released a report that analyzes the effects of the corona virus crisis on the funding and development of blockchain technology. The report titled “Enterprise Reboot” stating that investments for blockchain technology development fell 63% amid the corona virus crisis.The report is based on a survey of 900 executives listed in […]
Economic powerhouse China has revealed plans to expand its digital yuan testing to more regions across the world. In a statement released on August 14, 2020, the Ministry of Commerce of the People’s Republic of China announced plans to expand the digital yuan testing program to several cities and provinces across the country. Indeed, the […]
Popular blockchain platforms Tron and Waves announced a partnership that will enable cross platform interoperability. The partnership which was revealed on Twitter aims to connect their respective blockchains using Gravity.https://twitter.com/Tronfoundation/status/1293934200731516931?s=20Gravity is a blockchain and token Oracle that enables inter-chain communication. Using Gravity technology, Tron and Waves will be able to connect their smart contract languages […]
Crypto exchange giant Coinbase will very soon allow some of its American customers to take out fixed-rate loans for an amount of up to 30% of their Bitcoin (BTC) holdings through its new service called “Borrow”.The loan limit is set at $20,000 or approximately € 17,000 and Coinbase will apply a fixed annual rate of […]
Bitcoin could become the number one ranked single asset if it hits $93,500 according to latest analysis from analytical website AssetDash. The analytical company tracks the top single assets in the American market and Bitcoin is currently placed 27th on the leaderboard that tracks the top 100 US-traded assets by market cap. […]
Chainlink’s signature token, LINK, exceeded Bitcoin in trading volume on the crypto exchange Binance. This event occurred within the last 36 hours and the cause of this can be attributed to the growing popularity of Decentralized Finance (DeFi) applications.It should be noted that Binance.US is the largest cryptocurrency exchange in the United States. This last […]
Bitcoin is about to catch up with PayPal in market capitalization, this is demonstrating the importance of cryptocurrencies in the global financial system.There are few success stories in the world as spectacular as that of Bitcoin. And, no one could expect that, in just ten years, the cryptocurrency created by Satoshi Nakamoto would become one […]
Gold has continued its recent rise, surpassing its ceiling of $ 2,000, as investors view gold as a reserve asset. Gold latest rise has largely been due to uncertainty in the markets and as a result of its natural status as a reserve asset, it comes as little surprise.The world has been hit by a […]
In the first seven months of 2020 alone, more than 10,000 blockchain companies have been founded in China, consolidating their leadership in the sector. At this point, the importance that blockchain technology has and will continue to go throughout the world is undeniable. A reality that companies, governments and organizations around the world already began […]
Goldman Sachs could be set to launch a stablecoin according to latest reports with the bank recently appointing known blockchain enthusiast Matthew McDermott as the head of digital assets within the investment bank. Godman Sachs wants to integrate blockchain technologieAs CNBC, which reports this information, explains, McDermott’s arrival in this position is notable: it shows that […]
