What is the state of Enterprise Blockchain? Are we advancing? Are we stalled? Why? This article examines the state of the industry; this is not intended to be a comprehensive review, rather, the goal is to focus on the primary market participants. With this report-out for context, it then posits a platform strategy for industry…
Polkadot and Kusama turned out to be two of the biggest projects in 2020. Both are high-speed, highly secure blockchains that allow developers to issue their own projects and get funded by the network itself—a type of development that opened the doors to an entirely new technical area achievable with blockchain and crypto technology. Dieter…
On Monday, the price of Ethereum (ETH) briefly dropped by over 50%—from around $1,600 to $700—on crypto exchange Kraken, prompting numerous debates on whether this was some kind of technical malfunction. However, the dip wasn’t an error and could have been caused by a whale trader, the platform’s CEO Jesse Powell told Bloomberg today. “We’re…
MicroStrategy buys another $1 billion worth of Bitcoin | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Business intelligence firm MicroStrategy has added yet another $1 billion worth of Bitcoin (BTC) to its balance sheets, according to an announcement published today. “MicroStrategy Incorporated […] today…
Bitcoin Press Release: Bitcoin PR Buzz is upgrading its services to better serve its long list of loyal clients. Upgrades include the addition of AMBCrypto, APNews, Techbullion, and MorningTick to its distribution packages. 24th February 2020, London, United Kingdom: As the cryptocurrency market indulges itself in optimism and sees record-breaking levels of innovation and development,…
Ahead of its long-awaited parachains launch, Polkadot published a comprehensive roadmap where it revealed that all upcoming parachains will be tested and optimized both on regular parachain testnets such as Rococo and on the Kusama Network. Polkadot publishes comprehensive parachain launch roadmap Parachains, the building blocks of the ambitious Polkadot network, are set to see…
Two Nigerian regulatory bodies, the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC), have agreed to conduct research to regulate and govern the sector’s booming Bitcoin and crypto market. An opportunity for Nigeria As per a report on local outlet Premium Times, the two bodies made the decision at a lecture…
According to chartered accountants HillierHopkins, Her Majesty’s Revenue and Customs (HMRC) will target crypto investors in the up-and-coming budget on March 3. Principal at the firm Thomas Gibbs predicts this will take the form of a hike in Capital Gains Tax (CGT) from 20% to 40%. “HMRC sees cryptocurrencies not as a currency but as…
Yesterday’s decline of the crypto market has triggered the second-largest wave of liquidations in decentralized finance’s (DeFi) history as a total of $24.1 million worth of positions got wiped, according to metrics platform DeBank. The largest amount of collateral was liquidated on DeFi platform Compound ($13.7 million), followed by Aave with $5.4 million. Previously, the…
A long-running case regarding Tether’s alleged fake dollars and Bitfinex’s involvement in covering up parts of the former’s business have drawn to a close today. $18.5 million fine Stablecoin issuer Tether and Bitfinex, a prominent crypto exchange and its parent company, have today settled with New York courts on a long-running case that saw the…