Bitcoin sees a massive 15% price drop in a flash crash on Tuesday, as the world’s largest cryptocurrency slips below $8500. Analysts point at the waning institutional interest and slow launch of Bakkt.
Securitize announced it has managed to raise a whopping $14 million in latest investment from Nomura Holdings, MUFG, and Banco Santander.
Helium, an IoT startup and crypto mining modem distributor, is expanding to more than 250 cities in the U.S. They started out from Austin, Texas, but now are shipping their units much more broadly.
Today, on September 24, crypto exchange giant Binance has announced the launch of its arm in the U.S. market. Binance.US is finally opened.
The supply chain and logistics industry seems to be doing well at the moment. However, can it do more? Blockchain technology provides a way to do this and the Quras blockchain is the solution to be applied.
IBM has indicated that it will be willing to work with Facebook on Libra. However, this does not mean that IBM may want to join the Libra Association.
China’s Tencent Holdings led the latest funding round for Everledger which specializes in leveraging blockchain and other emerging technologies in making global supply chains robust and transparent.
After Bakkt officially launched its futures contract offering yesterday, the market seemed to lose some weight, disappointing general expectations. The market is also anxious about today’s Congress hearing.
Germany’s second-largest stock exchange Boerse Stuttgart has launched BSDEX which is a digital asset exchange currently offering Bitcoin-Euro (BTC/EUR) trading with more pairs to be added soon.
Bakkt Bitcoin Futures traded 73 contracts on the first day while getting a lukewarm response from the market. Experts said that Bakkt futures would see an incremental demand going ahead.
Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission.
The board of Overstock.com has appointed Jonathan Johnson as the company’s CEO. He had been serving as interim CEO since company founder Patrick Byrne stepped down last month.
Cisco Systems Inc. announced that SingularityNET’s blockchain-based platform will host its decentralized AGI project focused on intellectual tasks instead of automating menial tasks.
PBoC said that there is no planned launch date for their digital currency and declined that there’s a list of member institutions coming together for it.
The SIX’s prototype platform will run test cases to demonstrate the potential of SDX’s trading model, as well as settlement on DLT.