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Fed Chair: ‘We Have the Ability to Create Money Digitally’
18.5.2020
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed
CME Bitcoin Trading Product Records Show Institutional Participation Uptick
17.5.2020
The Chicago Mercantile Exchange, or CME, recently saw record Bitcoin trading numbers in multiple categories
How Cross-Chain Composability is the Future of Decentralized Finance
15.5.2020
Decentralized finance faces a liquidity issue, but there are multiple solutions in the works that hope to tap into Bitcoin’s massive market cap
Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate
15.5.2020
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...
China’s Central Bank Proposes a Blockchain-based Trade-Finance Platform
14.5.2020
China’s central bank, along with other government bodies, proposed a blockchain trade financing information platform
Asian Countries Leading the Way for FATF Travel Rule
14.5.2020
South Korea and Singapore may have the best regulations around compliance with the Financial Action Task Force guidelines
IOV Labs Ushers in Bitcoin-Based Mobile DeFi
13.5.2020
A financial solution provider based on Bitcoin's network unveiled a mobile-friendly light client, requiring no full node operation
Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain
13.5.2020
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan
If Blockchain Is the Door to the Future of Finance, Liquidity Is the Key
13.5.2020
Liquidity should be seen as the primary indicator of the overall health of markets and exchanges — and also as a crucial factor for economic trading
Buying Corporate Bonds and ETFs: US Federal Reserve Continues to Bailout ‘Too Big to Fail’
12.5.2020
The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit...
Post-Halving Report: Brazil Could be New ‘Demand Source’ for Bitcoin
12.5.2020
When Brazil’s central bank lowered its interest rates to 3%, potentially driving out some investors, it may have opened the doors for BTC
Exchange Crypto with 0% Fees in Lumi Wallet
11.5.2020
Everybody’s sick of commissions. Lumi Wallet is renouncing them, introducing 0% Fees on all in-wallet operations. All you need to get rid of hidden fees is the Lumi Wallet app and the promocode – BTCNEWS. Why is Lumi doing this? Decentralized finance has undeniable advantages over fiat...
DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
11.5.2020
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process
SBI Holdings CEO: Ripple Partners Could Help Pandemic Supply Chain
11.5.2020
SBI Holdings is proposing Ripple partner with multinational corporations to increase transparency and traceability across supply chains
Award-Winning Filmmaker Torsten Hoffmann Launches Bitcoin Documentary Cryptopia
9.5.2020
This week filmmaker Torsten Hoffmann launched the cryptocurrency-infused documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet.” Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some...
Vietnam’s HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates
8.5.2020
The bank has signed up to a blockchain-based trade finance network from Contour with the aim of bringing corporate settlements into the digital realm
Bitcoin Cash DeFi Startup Raises $1 Million in Seed Round
8.5.2020
Bitcoin Cash startup General Protocols has raised more than $1 Million for its DeFi vision
Buried Report Reveals Factors Behind South Korea’s ‘18 Crypto Crackdown
8.5.2020
A newly unearthed report from South Korea’s financial watchdogs has revealed the rationale behind the country’s 2018 crypto crackdown
Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion
7.5.2020
On May 7, the decentralized finance (defi) startup General Protocols revealed the team has raised over $1 million from investors. The creators of General Protocols have introduced innovative projects on the Bitcoin Cash network such as Anyhedge, and have also participated in helping forward...
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...