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R3 Partners With Dubai’s Wethaq to Develop Blockchain Platform for Islamic Markets

By leveraging R3 Corda’s blockchain solutions, the Wethaq platform aims to improve the market infrastructure used for issuing and trading the Sukuk securities. Enterprise software company R3 has entered into a strategic partnership with Dubai-based fintech firm Wethaq to develop a blockchain-based framework for Islamic capital markets. According to the press release on Wednesday, August...
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Bitcoin Approaches Critical Support Level After 9% Slide

As predicted, a big movement came for bitcoin following a week of consolidation. Analysts have been mixed all week but those that leaned towards bearish were right as the king of crypto plunged back into four figures a few hours ago. Bitcoin Nearing New Low A huge red candle resulted in a dump of over...
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PNC bank goes live with RippleNet; becomes first-ever American bank to use its services

PNC Financial Services Group, Inc. has gone live with RippleNet on August 29, becoming the first-ever American bank to process cross-border payments, reported FintechFutures. The bank inked the deal with RippleNet in September 2018 and announced that its Treasury Management Unit would be using Ripple’s current software solution to carry out cross-border transactions. According to...
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$8,000: Trader Warns of Bitcoin Price Crash as Crypto Bloodbath Continues

Bitcoin and the wider crypto market are taking an absolute beating on Thursday. | Source: Shutterstock Following an abrupt drop from $10,277 to $9,700 in the bitcoin price on August 28, the dominant crypto asset has continued to demonstrate weakness in its short term trend. The bitcoin price has dropped by more than $1,000 in...
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Bitcoin Fees Today Over 88% Less Than December 2017

Bitcoin Fees in December 2017 were almost always above $10, sometimes reaching nearly $30. Today we are nearly at the same price and fees have dropped considerably; less than a dollar in most cases. But has Bitcoin actually scaled, or is it just a case of fewer transactions happening on the network? Fees are only...
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Elon Musk: Making Life Multi-planetary is Possible With 1% of the earth’s GDP

The World Artificial Intelligence Conference kicked off in Shanghai Thursday with a much-anticipated keynote summit between Alibaba founder Jack Ma, and Tesla CEO Elon Musk debating the future of AI. At the 2019 World Artificial Intelligence Conference in Shanghai, visitors could attend an immerse debate between Tesla and SpaceX CEO Elon Musk and Alibaba founder...
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Bitcoin Bleeds Out Entire Crypto Market Losing Billions in Price Within Minutes

Bitcoin and a few major altcoins have shocked the market as they have shed significant weight in a considerably short time. Right now, the crypto market prices have lost billions and there is no pointer to a bull run in the near future. The entire crypto market has been in a free fall of sorts...
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Ontology Gas (ONG) Is Now Listed On The Cryptocurrency, Crypto.com

One of the pioneering payments and cryptocurrency platform, Crypto.com has now listed Ontology Gas’s ONG on it’s application. The cryptocurrencies and stablecoins that are presently listed on Crypto.com are Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, TrueUSD (TUSD), PAXOS (PAX), and its own MCO and CRO Tokens.  The Ontology holds two tokens, one of which...
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Bakkt to Open Its Warehouse for Physical Storage of Bitcoin on Sept. 6

The Bakkt Warehouse will provide the safe and secure of physical Bitcoin tokens in a regulated environment starting from September 6th. The Warehouse facility is specifically designed for its physically-settled Bitcoin Futures contracts. Intercontinental Exchange‘s (ICE’s) Bakkt platform has already started some initial preparations as it is set to launch its Bitcoin Futures contracts in...
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Guess The Right Token To Be Listed On Uphold Exchange & Win Crypto

On achieving $5billion in trades on its crypto exchange, Uphold is celebrating its success with a unique “Crypto Challenge” giveaway. Uphold is a UK-based cryptocurrency exchange opening its gates for 15 new tokens. Now you might be wondering which are these questions. Hold on! It is you who will guess the name of the tokens...
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Bakkt Readies Bitcoin Custody Launch with All Eyes on Big Investors

Today Bakkt revealed that one of the most important pieces of the puzzle is in place. They are days away from securely custodying bitcoin for clients. | Source: Shutterstock For months we didn’t hear a peep out of Bakkt, and now the NYSE owner-backed exchange won’t hush and it’s music to the ears of the...
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Square Crypto Praises Gimmicky Bitcoin Giveaways but Doesn’t Give Any Away

Square Crypto, the cryptocurrency branch of Jack Dorsey’s Square, touted the virtues of bitcoin giveaways but didn’t actually give any away. | Source: Shutterstock Square Crypto, the cryptocurrency unit of Jack Dorsey’s mobile-payment company Square, extolled the virtues of gimmicky bitcoin giveaways. But then it didn’t offer to give any away. What a crypto tease!...
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One Could Win $1 Million By Finding 100 ‘Critical’ Bugs in Libra

Facebook is offering thousands of dollars as a reward for those testers who find bugs in its upcoming Libra cryptocurrency. Libra Invites Your Security and Privacy Review of its Architecture and Design Facebook envisages empowering billions of people all over the world through its single global ‘cryptocurrency’, Libra. It will be supported by a simple...
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ERC20 Tether Transactions Flip Their Omni Equivalent

Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the...
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XRP Ledger sees more than 105 transactions per second

The decentralized cryptographic ledger and the house of Ripple’s native cryptocurrency,  XRP Ledger index 49624361 contained 370 transactions and the closing time for the ledger was just 3.5 seconds in the early hours of 28th August. The total fees for the transactions executed was 26.27 XRP. This event was tweeted by a Twitter user called...
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Litecoin [LTC]: Mimblewimble implementation could have a negative impact on the cryptocurrency’s adoption

The twenty-fourth episode of Magical Crypto Friends focused on Litecoin, the development FUD surrounding the coin, the recent halving and its Mimblewimble implementation. The creator of the cryptocurrency, Charlie Lee, addressed various questions pertaining to these topics in the 25-minute discussion. Addressing the development FUD, Lee stated that this was one of the most common...
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Find a Bug in Facebook’s Libra Crypto Software and Get Paid $10,000

Facebook’s Libra cryptocurrency project is offering up to $10,000 to security researchers to find security flaws in its testnet. | Source: Shutterstock Facebook’s cryptocurrency project is offering security researchers from anywhere in the world thousands of dollars to find bugs in its Libra cryptocurrency testnet. The Libra Association, which is in charge of the cryptocurrency...
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Tether Flips Binance Coin For 6th Largest Crypto Spot

Controversy continues to surround Tether, as recent market moves have vaulted the crypto into the sixth position on the world’s list of digital assets.  As Tether fires up its printers once again, many market commentators wonder if this will lead to a sustained BTC prop above the 10K level. Controversial cryptocurrency Tether continues to make...
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Bye, Bitcoin: Tether Booms On Ethereum, Withers On OMNI

Tether is back in the news, but this time it’s just moving house. Large numbers of the controversial dollar-valued token are migrating to Ethereum from Bitcoin’s OMNI layer, resulting in a boom in active USDT-ETH addresses.  A Coin Metrics State of the Network analysis, released August 27, 2019, reports that the number of USDT-ETH active...
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Decred Struts Privacy Credentials With Surprisingly Awesome Rap Snippet

Street cred, meet Decred. For reasons we don’t entirely follow, the crypto OG has released a short-form rap track to help announce its new privacy credentials. Because hell, why not? And to our Ginuwine astonishment, it’s actually pretty damn good. For the lyrically-minded among you, the poetry is reproduced below. Decred (DCR) has today unveiled...
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PrimeXBT Research: Where to Invest Safely in 2019

In July 2019, the United States Fed cut rates by 25 basis points, causing a massive sell-off across most assets and further fueling global economic concerns surrounding a growing trade war between the United States and China. The constant back-and-forth flip-flopping between the two country’s leaders is creating much uncertainty and fear in global markets,...
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SBI VC announces Interim Shareholder Benefit campaign with XRP

Ripple’s efforts towards XRP adoption led to a partnership with SBI Holdings, which led the way to a joint venture “SBI Ripple Asia”, to promote the use of the Virtual currency in Asian markets. Under the said partnership, SBI announced Shareholder Benefits Campaign to grant them with 30 XRP, on August 28. An excerpt from...
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OKEx envisions more financial inclusion between traditional financial market and crypto market, claims Andy Cheung

Currently employed methods used by traditional financial system make it difficult for the system to maintain records effectively and efficiently. In light of the same, OKEx aims to simplify the entire process by integrating the platform with blockchain technology. OKEx aims to fill the gap in a cost-effective way. With a wider user base, OKEx...
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Will The Next Recession Stop Blockchain Innovation?

Economists have long recognized the relationship between economic growth and investment in R&D. The correlation is as strong as it is intuitive: more investment in innovation leads to greater productivity, driving economic growth. Economic history also teaches us another lesson: alongside advertising and capital expenditure, investment in R&D is one of the first areas where...
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China’s CBDC initiative fills private cryptocurrencies’ missing elements

The latest Binance Research, while showcasing China’s CBDC initiative, highlighted its possibility of being a renminbi (RMB) replacement. Creating a buzz in the context, the report read, “The People’s Bank of China plans to replace China’s M0 money supply with its CBDC. Several potential improvement areas were discussed as reasons to justify this move including...
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Chainlink, Tron and IOTA Price Prediction and Analysis for August 28th: LINK, TRX, and IOTA

Chainlink Price Analysis (LINK/USD) On an hourly chart, the current price of LINK/USD pair is hovering around $2.0635 having dropped slightly from yesterday’s closing price of $2.0286. This approximates to a drop of 1.7% over the last 24hrs. LINK/USD has also undergone through a high volatility trading up and down ranging between the key resistance...
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People’s Bank of China could use CBDC to replace paper money

China’s aggressive push towards cryptocurrency has forced global economies to ensure a common-ground for crypto-innovations within their jurisdictions. Taking a closer into the Chinese government’s crypto initiative, Binance Research released a report that details on the People’s Bank of China’s (PBoC) proposed digital legal tender. Highlighting the primary concern, the report stated, “Following Facebook’s recent...
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BitTorrent announces internal testing of social streaming platform

Tron-backed BitTorrent grabbed the attention of the crypto-community yet again after it announced the internal testing of its live social streaming platform. Testing will be carried out in the present quarter by combining blockchain technology with a community live streaming application. This new feature will empower users by connecting them with others at a global...
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Craig Wright: Court Ruling Proves I’m Bitcoin Creator Satoshi Nakamoto

Craig Wright says the judge’s recent ruling in the $10 billion bitcoin lawsuit brought by the estate of Dave Kleiman proves he’s Satoshi Nakamoto. | Source: YouTube/CoinGeek (i), Shutterstock (ii). Image Edited by CCN. Self-proclaimed bitcoin inventor Craig Wright remains unfazed after Judge Bruce Reinhart ruled against him in the $10 billion lawsuit brought by...
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Bakkt to offer secure bitcoin storage from September 6; all set for Bitcoin Daily & Monthly Futures launch

Bitcoin futures platform Bakkt recently took the lead in terms of delivering substantial innovation for the crypto community. As per the company’s latest announcement over Twitter, “On Sept 6, our Warehouse will begin offering secure storage of customer bitcoin to prepare for the launch of Bakkt Bitcoin Daily & Monthly Futures when they launch on...
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Bitcoin (BTC) $ 97,951.24 4.09%
Ethereum (ETH) $ 3,473.66 2.54%
Tether (USDT) $ 0.999453 0.13%
XRP (XRP) $ 2.29 2.17%
BNB (BNB) $ 701.93 1.63%
Solana (SOL) $ 198.98 5.19%
Dogecoin (DOGE) $ 0.331852 3.51%
USDC (USDC) $ 1.00 0.05%
Lido Staked Ether (STETH) $ 3,465.27 2.53%
Cardano (ADA) $ 0.921965 1.48%