The U.S. already has a “safe and active dynamic domestic payment system,” and will not be issuing a digital dollar until the Federal Reserve resolves all questions around a potential central bank digital currency (CBDC), Fed’s chairman, Jerome Powell speaking at a Monday panel on cross-border payments hosted by the International Monetary Fund. The price …
FinTech
The price of Bitcoin (BTC) slumped to $10,500 in the first week of October and has recovered above $11,000 surging by nearly 6.5% since Oct. 2. Crypto traders believe $10,500 remains the most critical level for Bitcoin for numerous reasons in both the ongoing cycle and previous price cycles. SBI Holdings is planning to run …
Chainalysis is launching new offices in Singapore and Tokyo to provide local crypto investigations supporting local crypto businesses, government agencies and financial institutions in the APAC region. #KuCoin hack is yet another ex that crypto exchanges, law enforcement & financial institutions all over the world need investigations & compliance tools. We’re thrilled to announce new …
Dash is transitioning into a decentralized cloud cryptocurrency by releasing Dash Platform, upcoming application development platform built on top of the Dash payment network, supports blockchain-verified user data storage and a decentralized API (DAPI). #Dash #DashPlatform #Cryptocurrency Bitcoin whale clusters show $9,800 support has weakened, indicating some whales may be preparing to sell. According to …
Huawei HarmonyOS coming to mobile devices early next year. Richard Yu, head of Huawei’s consumer business group, announced Thursday afternoon confirmed that HarmonyOS, known in Chinese as HongmengOS, its in-house replacement for Android, will run on smartphones. HarmonyOS will be available as early access to developers in December, with consumers to see it early next …
Binance crypto exchange Uganda platform announces to delist and cease trading pairs for its own native token, Binance Coin (BNB) on Uganda shilling (UGX), according to a Sept. 9 announcement. Standard Chartered Bank (SCB) announced to launch the first blockchain-based cross-border remittance service in Bangladesh, allowing Bangladeshi expats in Malaysia to instantly transfer wage remittances …
Celsius Network announces to increase reward rates on 12 stable coins enabling customers to earn between 11.55% – 15.89% APY, earn up to 35% more on their digital dollars when choosing to earn in the app’s native CEL token or earn rewards in-kind at the listed rate. Circle and Coinbase have announced USD Coin (USDC) …
Crypto International reportedly dismissing 70 employees after Crypto AG stands accused of allowing the United States Central Intelligence Agency and German secret service backdoor access to compromised encryption devices in February. Read more at swissinfo.ch > Crypto International confirms mass job losses SBI Holdings Preparing to launch contract-for-difference (CFD) trading service via SBI FX Trade …
Bitcoin spiked to $11,600 as the United States Federal Reserve committed maintaining the inflation rate at 2% on average. After the speech, BTC/USD was lower at around $11,390, up 0.7% on the day amid heightened volatility. Galaxus completes electronic commerce payment transactions with Digital Swiss Franc (DCHF) issued by Sygnum Bank, transactions was enabled by …
China’s Communist Party has identified blockchain technology as key tool for nationwide decentralizing social services. According to the policy paper issued by the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council on August 25, Beijing’s strategic vision to provide regional departments with guidance …
Empire Market, a major dark web marketplace has been offline for days and no one knows why. Rumors on Reddit could be preparing for an exit scam. We are ~36 hours into Empire Market being completely offline. Last year extended periods of downtime were common before the Endgame DDoS filter was released. After months of …
U.S. bank regulator sees potential in fintech solutions to legacy banking issues. A fintech-positive U.S. banking regulator sees a role for private companies in providing better banking services. United States Acting Comptroller of the Currency also formerly Chief Legal Officer at Coinbase, Brian Brooks, expressed his willingness to embrace fintech solutions in an interview with …
Headlines on August 21, 2020 Crypto exchange BtcTurk becomes the main sponsor of Turkey’s national soccer teams. BtcTurk joins forces with the Turkish Football Federation on the road to the UEFA European Championship 2021. Read the official announcement at Anasayfa > BtcTurk Becomes Main Sponsor of Women’s and Men’s National Teams Bitcoin will hit $340K …
When you start your Forex trading, you’ll understand that it pays dividends to make use of every available “tool.” Thanks to the right set of “tools,” you will be able to push forward your trading strategy, improve your results, and effectively generate further profits. So, what can easily take your forex trading efforts to the …
The headline on 20 Aug 2020 KuCoin warns of impersonator website offering incentives to deposit crypto. Impersonation scams continue to permeate the cryptocurrency space. KuCoin clarified that no relationship with the web address “https://c.yrsm.net/app.php/MzI1” and is not authorized to use KuCoin Group trademark or other intellectual property. XRP isn’t competing with stablecoins and CBDCs, says …
