Analysis

As bitcoin (BTC) experiences vertigo-inducing gains, cryptocurrencies are breaking out of a period where they followed or even lagged behind traditional markets. In fact, prices in the crypto market are seeing such a steep upward trend that arbitrage traders are able to trade between Bitfinex and other exchanges to easily capture profit.  Bitcoin is up
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A Bangkok-based remittance platform has become the first non-banking institution in Thailand to use Ripple’s blockchain tech to process international payments. Ripple said Wednesday DeeMoney is now using RippleNet to process transactions in a move aimed to cut costs. Launched in 2018, DeeMoney provides same-day settlement services for Thai bank accounts. The company turned to
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Toyota has said declared its deeper aspirations for blockchain technology within the automotive industry, recently announcing that it would be exploring opportunities from research it began in early 2019. Toyota Motor Corporation (Toyota) and Toyota Financial Services Corporation revealed a previously launched “cross-group virtual organization” known as Toyota Blockchain Lab on March 16, announcing the
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In the wake of U.S. President Donald Trump’s promise to “go big” on stimulus, where does bitcoin (BTC) and its safe-haven narrative stand? President Trump and Treasury Secretary Steve Mnuchin announced a significant slate of upcoming stimulus measures, including deferred taxes and direct payments to Americans (although those details remain to be seen).  On this
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A London-based think tank has brought legal action against the Cardano Foundation for allegedly terminating a 2017 agreement. The Switzerland-based group supporting the blockchain and cryptocurrency project confirmed in a blog post Monday that Z/Yen had initiated legal proceedings against it. “It is our obligation to inform the Cardano community of legal proceedings recently initiated
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As institutions unload bitcoin (BTC) along with stocks as part of the coronavirus-driven global sell-off, cryptocurrency’s traditional base – retail investors – is doing most of the buying, market participants said. And while pricing screens may still be flashing red, business is brisk at many trading platforms. “We’ve already done more volume in March than
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Well, that escalated quickly. As we catch breath with the pace of COVID19 related disruptions and happenings, this post will update frequently with the latest perspectives, community support efforts, and information from the blockchain community at large. Have something to add? Tweet @CoinDesk #CoronaEfforts. 3D printing at FabLab Massimo Temporelli, founder of The FabLab in Milan,
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So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended.  The decentralized finance (DeFi) sector was hit particularly hard. The decentralized services that feed price information into these headless lending platforms – known as “oracles” in the industry – simply couldn’t keep up. Oracles could
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