Bitcoin continues to face opposition from traditional finance institutions as the Bank of England Governor Andrew Bailey becomes the latest to dismiss the cryptocurrency as a form of payment.According to Forbes, the UK central bank governor revealed in a webinar his disdain for Bitcoin (BTC). Bailey when trying to assess whether cryptos can be used […]
Crypto exchange Bitvavo has revealed that it has become the first digital asset provider in the Netherlands to offer an insured cold storage solution. The exchange offers over 50 different crypto assets to their European customers.According to the crypto trading platform, this approach was taken to ensure that its trading ecosystem is as secure as […]
Leading altcoin blockchain network Ethereum has seen a surge in recent days in transaction fees which have reached new historic highs. This latest trend is as a direct consequences of the success of Decentralized Finance (DeFi).>> Discover where to buy EthereumDeFi growth has undermined Ethereum networkThe expansion of the DeFi ecosystem appears to be limitless […]
Swiss-based insurance company Atupri Health Insurance has announced that it now offers its customers payment in Bitcoin (BTC) and Ether (ETH).A collaboration with Bitcoin SuisseAccording to the official statement, the health insurance company Atupri has partnered with Bitcoin Suisse, a regulated financial intermediary in Switzerland for any type of service related to cryptocurrencies.Its 200,000 customers […]
Hackers have managed to steal 1,400 BTC from an Electrum wallet due to a crucial mistake made by the victim. 1,400 is currently worth $ 16,366,924.00 (€ 13,744,337.20) according the current Bitcoin price. The wallet holder made himself known on Twitter under the name “1400BitcoinStolen” and explained how the hack occurred. pic.twitter.com/G4gPwa7pxw — Ben Verret⚡ […]
The Polkadot token could be on its way to the top 10 rankings with its recent redenomination. Its native token DOT was recently revalued with the reported circulating supply hitting 897,675,920 according to Coinmarketcap.Furthermore, DOT has more than doubled in value in the past seven days with the coin currently trading at $6.08, which when […]
NEO founder Da Hongfei has announced that DeFi protocol-based platform Flamingo is set to begin rolling out in September 2020.According to Hongfei Flamingo has the capacity to support a variety of use cases and from asset cross-chain and reward distribution.Flamingo is set to become a key Neo-based asset which will comprise fees, collaterals and governance […]
The Winklevoss brothers have detailed their vision of the price of Bitcoin (BTC) and according to them, BTC could hit $500,000 in the future.Dollar, oil and gold: unreliable reserves according to the WinklevossIn a lengthy analysis published on their site, the Winklevoss brothers compare Bitcoin to three major assets: the dollar (USD), oil and gold. […]
Popular blockchain platform Ontology has launched a decentralized identity solution for the automobile industry.Ontology revealed this in a Medium post and highlighted the aim was to build a blockchain based digital identity solution that will bring trust within the automobile sector.Using the Ontology blockchain, it would be possible to manage data and verify leading to […]
ConsenSys, a company specializing in the development of solutions based on Ethereum, has just acquired Quorum, the blockchain platform from the American bank JPMorgan.ConsenSys and JPMorgan finally materializeIn parallel with this acquisition, JPMorgan strategically invested in ConsenSys “to support its mission to help developers build next generation networks and enable businesses to launch better performing […]
