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MakerDAO, creator of the Dai stablecoin, announced its partnership with Tradeshift on July 6. Tradeshift, which provides supply chain payments and markets for more than 1.5 million companies in over 190 countries, will add payments through a decentralized marketplace using the Dai stablecoin to fund real-time small business loans. This partnership could help businesses gain … Read more
The coming hours may prove to be crucial for the cryptocurrency industry. With all markets still in the green as of right now, the current situation looks rather promising. Even the Ethereum price is heading in the right direction, as it will seemingly hit $500 again later today. That would be an interesting development for … Read more
Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. The data demonstrates a serious growth for Binance which is taking steps to … Read more
Sundays are usually odd periods for cryptocurrencies. In most cases, this is due to some annoying bearish pressure looming overhead. In this particular case, the overall trend is surprisingly bullish. All top currencies are in the green, with the Bitcoin Cash price noting some very strong upward momentum. Bitcoin Cash Price Busts Some Moves It … Read more
Five universities across three Spanish-speaking countries are now offering crypto courses. Among major topics of studies are Bitcoin, Ethereum, cryptocurrencies, blockchains, initial coin offerings (ICOs), smart contracts, DAOs, and crypto-economics. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Universidad de Alcalá, Spain Universidad de Alcalá is a public university located in Alcalá de Henares, … Read more
Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. The RBI ban is now in effect and a growing number of crypto exchanges have already announced they will no longer … Read more
The Bank for International Settlements is not a fan of cryptocurrencies, and it hasn’t shied away from expressing its view. Having released a scathing report on why cryptos are a poor substitute for the institutional backing of money less than two weeks ago, the bank’s general manager was at it again, this time calling cryptos … Read more
A Saturday evening in the cryptocurrency world is always interesting for various reason. Although this Saturday has not seen any major bullish momentum, the Binance Coin price is still rising rapidly. Its value has surpassed $14 yet again, whereas all other cryptocurrencies are in the low red. Binance Coin Price Goes up In the financial … Read more
In recent regulatory news, U.K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U.K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a report … Read more
Financial service providers have shown an increasing interest in cryptocurrency. Multiple banks are mulling the idea of setting up cryptocurrency trading desks. Doing so will take a lot of time and effort. In Switzerland, the domestic stock exchange and a digital exchange are set to offer cryptocurrency-related services. Switzerland Continues to Surprise It is evident … Read more