Altcoins

It seems that France decided to go rigorous on Facebook’s Libra by entirely blocking the development of it. When Facebook announced their Libra project in June this year, they called it a “global currency and financial infrastructure powered by a version of blockchain – the technology that underpins Bitcoin”.However, a lot of governments were really against even the idea and France was the harshest of them all. French Finance Minister Bruno Le Maire then called out on Libra saying it...

Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), gave a speech related to cryptocurrencies at the 10th-anniversary celebration of Senior Finance at the Shanghai Jiaotong University. During this speech, he mentioned that the Central Bank was about to issue a legal digital currency and more than one month after the announcement of this Digital Currency/Electronics Payment (DC/EP), news spread quite wildly.Recently, Mu Changchun, the Deputy Director of Payments and...

The guys at Binance have decided to make things work this time. Their partnership with Paxos Trust is finally going to pay off due to the launch of the token BUSD which is now expected to be listed on the Binance platform next week, as the official press release reads.This was announced today by the Chief Financial Officer of Binance Wei Zhou and the Co-founder and CEO Asia of Paxos Trust Company Richard Teo at the Invest Asia event in Singapore. Wei Zhou excited at the news said:“Launching a...

Santander, one of the largest banks in the world based in Spain, has issued a blockchain bond and started using a public blockchain to manage all aspects of debt issuance.According to the Spanish banking giant, they used a token on Ethereum to represent the $20 million debt issuance and what is more, settled it with another set of ERC-20 tokens representing cash held in a custody account. As Coindesk has reported, the transaction conducted was a plain-vanilla bond with a one-year maturity,...

Photo: BinanceCryptocurrency exchange Binance has already finished the total setup for operations in the United States. In a post on their official medium handle, Binance US using the domain name: binance.us gave the required steps that will ensure users based in the United States get to operate the platform.Binance pulled out of the United States due to uncertainty in the regulatory environment and the US government’s recent anti-crypto stance.The United States Operates by a Different Set...

Litecoin price is correcting lower after trading towards the $75.00 level against the US Dollar.LTC price is likely to remain supported near the $68.00 and $66.00 levels.There is a crucial bullish trend line forming with support near $66.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh increase if it breaks the $70.00 and $72.00 resistance levels.Litecoin price is showing positive signs against the US Dollar, while bitcoin is correcting lower....

Seed CX is a cryptocurrency derivatives platform. Now with the help of its subsidiary Zero Hash, the company plans to offer bilateral crypto derivatives transactions. That way, Seed CX aims to attract financial institutions to settle derivatives on their platform.The company announced that initially, it will support back-office settlement functions for Bitcoin forwards. Later, the firm plans to add support for options as well, but the approximate time frame wasn’t specified.As the company...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 704. Heute geht’s um folgende Themen: Bitcoin Lightning: Sicherheitslücke bereits ausgenutzt & Bitcoin zu verschenken: Domino’s Pizza Frankreich verlost 100.000€ in BTC 1.) Bitcoin Lightning: Sicherheitslücke bereits ausgenutzthttps://www.btc-echo.de/bitcoin-lightning-sicherheitsluecke-bereits-ausgenutzt/ 2.) Bitcoin zu verschenken: Domino’s Pizza Frankreich verlost 100.000€ in...

Ethereum continues to languish against bitcoin. Here's what it needs to break the downward spiral. | Source: ShutterstockTo say that Ethereum is weakening against the king of cryptocurrencies would be a huge understatement. The ETH/BTC pair is down by nearly 50% year-to-date as it languishes in bear territory for 17 months and counting. The sentiment is so overwhelmingly bearish that some traders are happy to short the crypto pair.$ETH / $BTC 4Hethbtc short setup pic.twitter.com/2vH5M25M3W—...

Cameron and Tyler Winklevoss of the Gemini Exchange claim to have built a better vault system to protect their customers’ bitcoin and cryptocurrency assets. Gemini Brings On a Bigger, Better VaultOne of the big questions meandering through the crypto space as of late is, “How can we ‘insure’ people’s money? What can we do to protect money and ensure it remains safe from hackers?” After so many instances involving lost funds and personal data over the years, the question makes complete...