Bitcoin capped its remarkable comeback today by topping the $8,000 single-coin price level on at least one exchange for the first time. It was only days ago that the digital currency had lost $2,000 in value, but its amazing comeback – akin to horse racing legend Silky Sullivan –
Coinbase, the largest US cryptocurrency exchange, will establish a new division to help institutional investors securely store their digital assets.
Because of the number of digital assets hedge funds emerging in the market, Coinbase will establish Coinbase Custody, a way to store value for institutions who are in the cryptocurrency game. Read more »
YDreams Global Interactive Technologies has named Jeffrey L. Thompson to its Blockchain, ICO and Cryptocurrency advisory committee.
Thompson is a media technology expert who has held executive roles in strategy, operations, technology, business development and digital transformation at IBM, The Walt Disney Company,
The digital currency markets calmed today, as the biggest digital currencies had relatively small price fluctuations over the past 24 hours.
A notable high volatility outlier was Litecoin, which traded between $62.16 and $74.88 today, with an average price of $67.77. On the other end,
OriginTrail offers a blockchain protocol to track the provenance of foods in the fragmented global foods markets. The protocol allows for blockchain-supported data-sharing, providing transparency through consensus checks and data storage.
The Slovenian-Serbian team recently opened an office in Shanghai to focus on implementation of blockchain use cases in one of the world’s largest markets.
The hard fork may be dead – or is it? Like a horror story, some developers are reaching out of the grave to keep the monster alive.
Although backers of a hard fork that would double the size of bitcoin blocks and change the protocol to a different mining algorithm stood down earlier this month,
Gabriele Giancola is the Co-Founder and CEO qiibee, an ethereum blockchain-based loyalty ecosystem. By providing a loyalty platform and developer interface on which every loyalty application can be tokenized, qiibee aims connect a fragmented market, increase its efficiencies, and remove the central data authority.
Moldova, an Eastern European country and former Soviet republic, is planning to use blockchain technology to stop child trafficking.
United Nations recently teamed with blockchain firm World Identity Network (WIN) to explore the use of new technologies and solutions, such as digital identity on the blockchain,
Blockchain payments-as-a-service platform PayStand has raised $6 million during its Series A funding round, led by BlueRun Ventures. Other investors include Cervin Ventures, Serra Ventures, TiE, and Capital for Founders.
PayStand will use the funding to scale its account receivable systems and launch new free accounts payable product line,
Social trading network eToro has expanded its cryptocurrency offering with the addition of Bitcoin Cash. The company now offers its clients easy access to the price movement of the cryptocurrency through the BCH/USD pairing.
Bitcoin Cash is a fork of bitcoin that was created in August.