Saturday, November 28, 2020

Bull flag breakout will decide whether Bitcoin price goes to $16K or $14K

Bitcoin price (BTC) appears to be taking a short breather after reaching a new 2020 high at $15,960 on Nov. 5. The 1-hour and...

QuadrigaCX trustee only has $30M to pay $171M worth of claims

The trustee of the controversial failed cryptocurrency exchange QuadrigaCX, Ernst & Young (EY), has revealed that it only has roughly $29.8 million in funds...

WTO blockchain report says customs remains ‘weak link’ of trade digitalization

The World Trade Organization and Trade Finance Global have published their latest taxonomy of blockchain projects in international trade, arranged into what they present...

Telegram to pay $625K in fees after dropping ‘GRAM’ ticker lawsuit

Telegram Messenger Inc. has been ordered to pay nearly $625,000 worth of legal fees to a small cryptocurrency firm that it sued over using...

HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore

The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit (LC) transaction on the Contour DLT platform.The...

Traders apathetic as Huobi launches two new wrapped assets on Ethereum

Following the success of HBTC -- the wrapped Bitcoin tradable on Ethereum currently securing nearly $70 million in BTC -- Huobi Global has released...

Sleepy Swiss town launches Tezos-backed Coronavirus aid program

On Friday the Swiss town of Wetzikon -- formerly best-known for its idyllic pastures and churches -- launched a blockchain-based program to support small...

An overview of NFT marketplaces

Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the...

Despite strong security token growth, tZERO continues to lose money

Despite explosive third-quarter growth in the security token sector, Overstock’s Q3 2020 earnings report reveals that its tZERO alternative trading system (ATS) has continued...

Australia’s first crypto-friendly IPO will accept Tether

Australia’s crypto-friendly capital raising platform Stax has announced its client West Coast Aquaculture Group (WCA) will be conducting the country’s first initial public offering...