Analysis

According to reports in the crypto press Thursday, cryptocurrency exchange Binance is talking to Facebook about getting involved in the social media giant’s upcoming Libra project. Finance Magnates says it spoke to Binance at the FinTech Junction event in Israel on Thursday, with the exchange’s CSO, Gin Chao, saying that early discussions have taken place with Facebook over a
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Members of the U.S. House of Representatives questioned Financial Crime Enforcement Network (FinCEN) director Kenneth Blanco about Facebook’s planned cryptocurrency Thursday. Representatives Emanuel Cleaver, II (D-MO), Trey Hollingsworth (R-IN), Bill Foster (D-IL) and French Hill (R-AR) held a briefing with members of the House Financial Services Committee, discussing the Libra project with  Blanco, who heads
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The Trump administration has tapped Israeli crypto startup Orbs to develop blockchain solutions for the region’s longstanding political conflicts. The disclosure comes this week from a summit convened by the White House in Bahrain to discuss the Israeli–Palestinian conflict. The New York Times reported Treasury Secretary Steven Mnuchin said investments in the Palestinian territory would
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Ok, maybe we should have seen yesterday’s bitcoin price crash coming. Let me rephrase that: I should have seen yesterday’s bitcoin price crash coming. Here’s why: I watched some idiot buy ethereum at $5,000 in real-time. So I don’t know why I was so surprised when, just a few hours later, the bitcoin price began
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2019 is already halfway through! BitMart, a premier global digital asset trading platform, recently announced their Mid-Year promotion campaign. A series of exciting promotions are on the way! From 10:00 AM June 24th to 10:00 AM July 18th (EDT), BitMart will be hosting Millions of Crypto Candy Airdrop, BMX Trading Competition, Invite Friends to Earn
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The Klaytn blockchain from the fold of South Korean messaging app giant Kakao has just gone live. Kakao’s blockchain arm Ground X announced the mainnet launch Thursday in an emailed press release, saying that Klaytn aimed to bring about mass adoption of blockchain services and to “substantiate the value and utility of blockchain technology.” The firm touts the
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Singapore’s central bank, the Monetary Authority of Singapore (MAS), is seeking more information from Facebook about it’s recently unveiled cryptocurrency project, Libra. As reported by Bloomberg, MAS managing director Ravi Menon said at a media briefing on Thursday that his institution has held talks with the social media giant over concerns about how Libra would function, although
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Bitcoin mining has become competitive than ever. Bitcoin mining difficulty – the measure of how hard it is to earn mining rewards in the world’s largest cryptocurrency by market cap – has reached a new record high above 7.93 trillion. That’s a seven percent jump from the 7.45 trillion record set during the recent two-week adjustment
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Public blockchain tokens will soon be trading on a major securities exchange. Revealed exclusively to CoinDesk, Swiss security token firm BlockState plans to “passport” half a dozen ERC-20 tokens from ethereum, the second-largest public blockchain, to Corda, the private distributed ledger technology (DLT) platform developed by R3. Before the end of the year, the tokens will be
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