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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
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
Dark web alleged Silk Road conspirator, Gary Davis of Ireland, agreed recently to be extradited to the United States. Once on US soil, he will face charges levied against him five years ago in connection with the eventual conviction of Ross Ulbricht (who prosecutors claim was the site’s mastermind). Mr. Davis, should he be convicted, … 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
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
Bitcoin’s proof-of-work mining algorithm has sparked a few debates over the past few months. It is considered to be a huge waste of electricity and a borderline environmental disaster. A new proposal has been put forward under the PoWx banner. It is a very different take on cryptocurrency mining, albeit one that also makes sense. … Read more
Former Vice Chair of the national Libertarian Party in the United States, Arvin Vohra, announced his candidacy for President. Among keys to his platform is his stated position: “On the first day of my presidency. I will pardon those in prison who have neither harmed anyone nor stolen anything. I will start with @Snowden and … Read more
The launch of the Tezos project and token trading is not off to a good start. Even though this launch had been anticipated for quite some time, it appears token holders are very intent on getting rid of their tokens. Thanks to steep daily declines, the value per XTZ has already plummeted to $1.33 and … Read more