On Friday, October 20th, Bitcoin hit a new all-time high level of $6,000. In the afternoon, the price of bitcoin started climbing and broke the $6,000 "threshold", climbing to around $6,144 (Coinbase). Although, the price today is decreasing slowly, coming at $5, 959 (Coinbase), the market capitalization of the "people's currency" is now around $100…
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MasterCard is one of the corporations that is big on digitalization and innovation. Currently, with around 90 of the biggest corporate giants in the world, like Google and Goldman Sachs, who are heavily investing in blockchain, MasterCard is to roll out blockchain API. According to Finextra, MasterCard has already filed for 35 blockchain patents and…
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Brickblock, a trading platform to connect real-world assets and cryptocurrencies, announced that it has partnered with the nakamo.to team in a bid to explore new levels of scalability. The Brickblock team has been striving to make the independant trading of real-world assets on the blockchain a possibility. Its focus has been building a foundation for…
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Tech Bureau, a fintech and cryptocurrency solutions company, and Metaps Inc., a fintech company and mobile marketing platform developer, announced its plan for a ‘Timebank’ token sale on COMSA. COMSA, a complete Initial Coin Offering (ICO) fundraising and cross-chaining platform built on the NEM blockchain protocol, streamlines cryptocurrency funding and cross-chain transactions. Timebank is a…
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After the fluctuations in the price of bitcoin over the past month, the cryptocurrency took another hit yesterday, when it dropped with a 7-day low level of $5,113, according to Coindesk and Bitfinex. The "people's currency" managed to bounce back and is now trading at around $5,669 reaching up to $5,725, with an increase of…
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With corporations and countries coming to invest and use the latest cryptocurrencies and exploit their benefits, The Gates Foundation is one of the first non-profit organizations to use a cryptocurrency for solving an issue. The Foundation chose Ripple's Inter Ledger Protocol to bring around 2 billion unbanked people to the modern world. Almost 60% of the…
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After jumping up with 700% in the last year, with little fluctuations here and there, bitcoin turns out to be the hottest investment for a portfolio over the past two years. Now, as the technology behind bitcoin, blockchain, finds application in a series of industries, it is no wonder that some of the biggest and…
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Ether Tracker One and Ether Tracker Euro just crossed $10MM in assets under management (AUM) a week after beginning trading on Nasdaq Stockholm. “When the group’s bitcoin ETNs – which are now at $330MM in AUM - launched in 2015, it took one year to attract the initial $10MM in AUM. The Ether Trackers achieved…
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BNP PARIBAS ALM Treasury and EY today announced they successfully completed a pilot demonstrating the feasibility of using blockchain to optimize the global internal treasury operations of the bank. The ALM Treasury department, which manages the bank’s internal treasury, at the service of all three operating divisions of the Group, carried out a blockchain pilot,…
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ETH News reported that on October 16th, the President of Brazil's Central Bank, Ilan Goldfajn, berated bitcoin as a "bubble" and a "pyramid". Brazil seems to be the next country to enter the "bitcoin conspiracy" theory that the digital currency may be a fraud and illegal method of accumulating value over time. While the technology behind…
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