Citigroup and Goldman Sachs have performed the very first equity swap over the Ethereum blockchain.Citigroup and Goldman Reach a MilestoneSuch a swap involves one party making a payment to the other in exchange for a return asset. The process is undergoing a period of testing in which an additional 13 organizations will take part. The swap also ensures that each party to engage will have access to the same data, ensuring there are no issues across the board and lessening the chances for...
Read More »Binance Gets Former TradingView’s COO as New Director of Fiat, Europe and CIS
Cryptocurrency exchange Binance has announced it hired Iskander Malikov, a former TradingView COO, as new Director of Fiat, Europe and CIS at the exchange. He will focus on establishing new fiat-to-crypto channels for Binance.One of the world’s largest cryptocurrency exchanges Binance announced it is planning to further boost its fiat-to-crypto entrances by hiring a former TradingView executive.Iskander Malikov, who previously served as a chief operating officer a TradingView, decided to join...
Read More »Ethereum 2.0 Launch Will Happen in July 2020, Developers Are 95% Confident
The next Ethereum system-wide upgrade, Eth 2.0, will not launch in Q2 2020 as scheduled, but developers are still confident that the original network parameters will deploy in 2020.The next Ethereum system-wide upgrade dubbed Ethereum 2.0 will be launched later than scheduled.In a particular Reddit discussion held on February 5, the Eth 2.0 team made several clarifications. The team said that the network would not launch until three clients can run testnets continuously for at least eight...
Read More »Crypto Price Analysis & Overview February 7th: Bitcoin, Ethereum, Ripple, Tron, and Chainlink.
BitcoinBitcoin saw a 5% price rise over the past 7 days of trading as the cryptocurrency rebounds from support at $9,145 to meet resistance at around $9,815. With the 30-day 21% bullish surge, Bitcoin can be expected to break $10,000 pretty soon. Other cryptocurrencies are outpacing Bitcoin. However, this does not mean it cannot continue above $10,000.Once the bulls break $9,815, the next level of resistance lies at $10,000. Beyond this, higher resistance lies at $10,200, $10,430, and $10,707...
Read More »10 Most Important Companies to Know in DeFi
DeFi not only attracts major talent and interest but also large sums of money in the form of digital assets. The number of companies in this sphere is constantly growing but let’s look at the most prominent of them.There’s no time like the present to talk about DeFi.Short for “decentralized finance,” this buzzword simply refers to making conventional financial services (like loans or credit) available via cryptocurrency and blockchain technology. It’s a niche within the cryptocurrency niche,...
Read More »Fairspin Blockchain Casino: 50 000 ETH of Winnings Secured by Smart Contracts
With nearly $10.6M of player winnings in a bit more than a year, the Fairspin casino is driving forward blockchain innovations in iGaming. The Fairspin blockchain casino entered the crypto and gaming spaces in late 2018 and claimed to be the ultimately transparent casino with gaming stats secured and exposed to everyone by smart contracts.A lot has changed since then. In 2019, the casino (formerly known as Fairplay) underwent a big upgrade that included an extended license from Curacao...
Read More »Token Sales May Have 3-Year Safe Harbor Period, Offers SEC Commissioner Hester Peirce
While a digital asset may look like a security at first, it could potentially become decentralized enough in the following years to no longer resemble a security. Bearing this principle in mind, SEC commissioner Hester Peirce has proposed a safe harbor period for token sales.The official at the Securities and Exchange Commission (SEC) Hester Peirce, named “CryptoMom” by the crypto community, suggested a so-called ‘safe harbor’ for all upcoming token projects. Her opinion is that this could...
Read More »Etheruem Price Analysis: ETH’s 20% Weekly Gains Can Signal The New Alt Season?
Ethereum increased by 7.8% today, bringing the price for the cryptocurrency to $212.It managed to break above an ascending price channel against Bitcoin to reach 0.0218 BTC.The latest surge has increased the market cap to almost reach $23 billion.Key Support & Resistance LevelsETH/USDSupport: $200, $193.50, $185.Resistance: $212, $225.30, $235.15.ETH/BTC:Support: 0.021 BTC, 0.0202 BTC, 0.0198 BTC.Resistance: 0.0218 BTC, 0.0223 BTC, 0.0232 BTC .ETH/USD – Ethereum Breaks $200 For First Time...
Read More »ConsenSys Acquires U.S. Broker-Dealer to Tokenize Municipal Bonds
Acquiring the Philadelphia-based Heritage Financial Systems, ConsenSys gets access to advisory and broker-dealer capabilities in the U.S.Global blockchain company ConsenSys acquires U.S. broker-dealer. The company focused on developing Ethereum-based dApps has decided to purchase the Philadelphia-based Heritage Financial Systems in order to implement blockchain for tokenizing municipal bonds.#ConsenSys "acquired broker-dealer Heritage Financial Systems, betting that governments can more...
Read More »Litecoin (LTC) Price Analysis: Bulls Aiming $80 or Higher
Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...
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