Recent Posts

PwC Is Advising (Not Auditing) Another Stablecoin Project

The Hong Kong division of global accounting and consulting firm PwC is exploring the best practices for issuing stablecoins, as part of an initiative with the non-profit Loopring Foundation. Announced Tuesday, PwC Hong Kong’s Asia-focused study on stablecoins follows a PwC partnership in the U.S. to advise decentralized lending platform …

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Crypto Wallet Firm Blockchain to Airdrop $125 Million in Stellar

Crypto wallet provider Blockchain says it’s about to stage what it’s calling the “largest crypto giveaway in history.” The company will distribute $125 million in Stellar lumens (XLM), nearly half a billion tokens, to Blockchain wallet holders who sign up for the airdrop. The first batch of recipients will see …

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Bitmain to Begin Selling New Bitcoin Miners Later This Week

Bitmain is launching two new Antminer models targeting the bitcoin mining industry. The crypto hardware manufacturing giant announced Tuesday that the new Antminer S15 and T15 machines will be powered by its recently revealed 7nm ASIC (application-specific integrated circuit) processor, and will go on sale on Nov. 8. The new …

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Crypto Exchange Bitstamp Aims to Get Faster with Tech Upgrade

Cryptocurrency exchange Bitstamp is getting a new matching engine developed by Cinnober, a global provider of exchange and clearing technology whose clients are mostly traditional stock and commodity markets. Cinnober’s TRADExpress Trading System will replace Bitstamp’s in-house matching engine, the companies announced Monday. The new system will drastically increase the …

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US Elections Push Augur’s Total Ether Bets Over $2 Million

U.S. elections drama may be dragging Augur out of the doldrums. The decentralized betting platform built on ethereum enjoyed a promising launch in July but then stagnated due to its clunky user experience and a general decline in the use of decentralized applications. As Tuesday’s mid-term elections in the U.S. …

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Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses

Early bitcoin entrepreneur Charlie Shrem is pushing back against an accusation that he stole 5,000 bitcoin from Tyler and Cameron Winklevoss, according to recently-published court filings. In a document filed Monday with the U.S. District Court for the Southern District of New York, Shrem calls the Winklevoss brothers’ assertion that …

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XRP Nears 50 Cents as Price Rises to One-Month Highs

The price of XRP, the world’s third-largest cryptocurrency by market capitalization, jumped 6 percent on Monday, to reach its highest total in 30 days, according to CoinDesk data. At 15:01 UTC, the cryptocurrency rose to $0.49 cents for the first time since Oct. 8, and was last seen trading at …

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Crypto Exchange BTCC Is Closing Its Mining Pool Business

Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business, BTCC Pool Limited, after four years in operation. Citing the reason for the closure as “business adjustments,” BTCC Pool said Tuesday that it will shut down all mining servers on Nov. 15 and will cease operations indefinitely from …

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This Bitcoin Price Chart May Give Early Warning of Next Bull Reversal

That bitcoin (BTC) has likely found a bottom around $6,000 is now generally accepted, so the challenge for investors and traders is to spot the early signs of a long-awaited bullish reversal. Basic technical theory suggests that a bearish-to-bullish trend change is confirmed after the price invalidates a “lower highs” …

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The Number of Bitcoin Short Positions Just Hit a 3-Month Low

The bearish sentiment around bitcoin sank to three-month lows earlier today as short positions placed on crypto exchange Bitfinex fell to their lowest level since August 5th. At approximately 11:00 UTC, the number of short positions dropped to 21,434, which represents a 33 percent drop in the past eight days …

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Sài Gòn – thành phố không ngủ

Sài Gòn là một trong những thành phố nổi tiếng với cuộc sống sôi động về đêm, hay còn gọi với cái tên là “Thành phố không ngủ”. Bên cạnh là trung tâm kinh tế – văn hóa lớn nhất cả nước mà còn là nơi có nhiều địa điểm vui …

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Ethereum Energy Project Now Powers 700 Households in 10 Cities

A little-known ethereum project called Lition is quietly helping real German citizens find cheaper energy. Launched earlier this year, Lition is already a licensed energy supplier in Germany with clients in 12 major cities (including Berlin, Hamburg and Munich) who are now using its decentralized energy market. Built on top …

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China’s Central Bank Moves to Restrict Free Crypto Giveaways

The People’s Bank of China (PBoC), the country’s central bank, is looking to clamp down on airdrops – free distributions of crypto tokens. In its financial stability report for 2018, released on Friday, the PBoC said that “disguised” initial coin offerings (ICOs) including airdrops continue to grow in number, despite …

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Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

Oil and gas conglomerate Reliance Industries – owned by India’s richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction. According to a news release from HSBC India shared with CoinDesk on Sunday, Reliance Industries has recently executed a “live” blockchain-powered trade finance transaction in …

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