Coinbase Custody announced immediate support for the mainnet iteration of the KIN token today, April 30, 2019. As Cointelegraph previously reported, KIN is a cryptocurrency created by Canadian organization Kik Interactive of Kik Messenger fame. The token was originally developed on the Ethereum and...
Month: April 2019
ConsenSys Spinoff Truffle Integrates With Goldmans Sachs-Supported Blockchain: Report
Truffle is integrating with AxCore, a proprietary blockchain jointly created by Goldman Sachs and JPMorgan-supported Axoni, Forbes reported on April 29. The ConsenSys spinoff, which makes tools that are widely used by Ethereum developers, has reportedly raised $3 million as it aims to expand into...
Despite Crypto Winter, US Bitcoin Awareness, Knowledge, and Perception Increased “Dramatically” Since 2017 | NewsBTC
Research suggests that Bitcoin is more fully understood and accepted today across US society than it was at the height of the bull market of 2017. According to a recent study, young adults are way ahead of other demographics with regards awareness, familiarity, perception, and...
Amazon Web Services Launches Managed Blockchain Service
Amazon Web Services (AWS), the cloud computing platform subsidiary of retail giant Amazon, has made its Amazon Managed Blockchain (AMB) generally available, according to an announcement on April 30. The product will purportedly allow customers to set up blockchain networks within their organizations, and uses...
Ripple Surges After Nasdaq Adds XRP Liquidity Index, Will Growing Adoption Propel It Higher? | NewsBTC
Over the past several months many cryptocurrencies have incurred relatively large gains that have put a significant amount of distance between their current prices and their 2018 lows. But much to the chagrin of investors, Ripple (XRP) has not been one of these cryptos, as...
Prediction: 20 Percent of Leading Global Grocers to Use Blockchain by 2025
20 percent of the top 10 global grocers will use blockchain by 2025, according to information released by research firm Gartner Inc on April 30. Per Gartner, the main advantage of blockchain for grocers is that it provides a high degree of transparency. For grocers,...
New York District Attorney Charges Two for Shadow Banking Crypto Companies
The Southern District of New York Attorney has charged an Arizona man and Israeli woman for allegedly shadow banking cryptocurrency companies, according to an official announcement published on April 30. Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced...
Crypto Community Reacts to Tether Admitting USDT Not Fully Backed | NewsBTC
According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether only holds around 74 percent of the total value of USDT’s current circulating supply.Tether and the crypto exchange...
Report: Former Barclays Exec Joins Fidelity Investments to Work on Digital Assets
A former executive of British investment bank Barclays, Chris Tyrer, has joined Fidelity Digital Assets, the crypto platform of American financial services corporation Fidelity Investments, Finance Magnates reported on April 30. Tyrer began working on digital assets for Fidelity Investments after serving over 13 years...
US-Based Traders Dominate Crypto Trading, More Than Next 5 Countries Combined
The United States has long been one of the world’s most important economies, having a massive influence on the overall global economy and often helps to shape economic policy all over the world. It’s no surprise that the the country dominates the Bitcoin and overall...