Tag Archives: Blockchain News

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,...

Bitcoin price shot 4% on Thursday to surpass $9800 levels along with a sudden spike in the Open Interest. The community is enthusiastic about the upcoming Bitcoin halving event, however, the coronavirus outbreak in China is severely hurting the region’s mining business.In the last three days since February 5, Bitcoin price has added over $500 to its price taking it closer to $10,000 levels. On Thursday, February 6, BTC price surged above $9800 with nearly 4% gains. Moreover, with this move,...

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...

The Tron cryptocurrency head Justin Sun and Berkshire Hathaway’s Warren Buffett got dinner together, this time without major announcements.Justin Sun has finally met the legend of Western Business. According to Justin’s Twitter, he had a charity dinner with one of the most famous business sharks in the world. Every year since 2000 Warren Buffett is auctioning one dinner with himself to help out the poor.Justin Sun of TRON Foundation was the man who pledged the biggest sum only to have the...

CEO Lightning Labs Elizabeth Stark announced that the company has raised $10 million to further develop their project and scale the developer ecosystem. The tech company also launched its flagship product Beta Loop after a series of testing.Through a medium blog post, Lightning Labs CEO and Co-founder Elizabeth Stark announced that the tech company had raised a $10 million Series A capital. The raised capital will be used to further its lightning payment system project that is being...

The last time Bitcoin was this high was in October 2019. Now, marking a new high of $9,700 for 2020, Bitcoin has provoked hot discussions about possible $10,000 in the nearest future.In terms of highly volatile conditions, Bitcoin price has surprised with a new record. Bitcoin has hit $9700, marking a new high for 2020 and leading to hot discussions about possible $10,000.On February 3, Bitcoin reached just over $9,500. The next day, it traded slightly below $9,200 and closed at $9,171. On...

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...

Venture divisions of Salesforce and Samsung joined a second Series C funding round for a startup called Digital Asset that had already gathered $35 million from investors.Digital Asset, a New York-based financial technology company that builds products based on distributed ledger technology for regulated financial institutions, has acquired investments from Salesforce Ventures and Samsung Venture Investment Corp in the second closing of its Series C funding round. It was revealed on Tuesday,...

It has been announced that SettleBit financial solutions entered in a partnership with BitGo to provide a new Bitcoin custody service to its longtime supporters.Crypto custody provider BitGo is expanding its services. The institutions that use BitGo Bitcoin custody service now receive a possibility to trade digital assets right within it. This is done via API integration, where a client’s price offer instantly matches with the network soon after verification of incoming funds. During the...

Just recently BitMEX has launched XRPUSD swaps. At the very beginning Ripple’s XRP price hasn’t reacted, staying stable. However, now XRP seems to be climbing up.The third-largest cryptocurrency by market cap XRP is now supported for perpetual swaps with the United States Dollar on the crypto derivatives exchange, BitMEX. The XRP price at first failed to react positively. It stayed at the same level. However, now the situation has changed. The price seems to be climbing up. BitMEX confirmed...