JPMorgan’s Quorum provides the infrastructure for many new financial projects thanks to unique features and a partnership with Microsoft Azure. According to a claim by Harvard Business Review, blockchain will do to banks what the internet did to the media. When it comes to the banks and financial organizations of today, blockchain has the potential to…
Bitcoin Price Surges Past $9.4K as Week of Gains Targets Five Figures
$10,000 is edging ever closer for Bitcoin, which has gained $800 in the past few days and taken little notice of resistance levels. Bitcoin (BTC) hit $9,400 on May 28 in its latest attempt to upend a downward trend which had seen $8,640 lows just days before. Cryptocurrency market daily overview. Source: Coin360 BTC price:…
After a Slow Start, Tether Sees Increasing Usage in DeFi
Tether usage is picking up pace in DeFi as Aave reports over 10% of its assets locked are in USDT, after a slow start that saw its competitor USDC gain adoption. Tether (USDT) usage in decentralized finance (DeFi) appears to be growing, as lending protocol Aave reports over $7.2 million in USDT locked, out of…
Crypto Data Firm Launches Indicators to Fight Fake Asset Volumes and Market Caps
A crypto market data firm now offers a separate indicator for crypto asset market capitalization and volume data aggregated only from transparent exchanges. Cryptocurrency market data provider Nomics has launched indicators for crypto asset market capitalization and volume data aggregated from transparent exchanges. According to an announcement on May 28, the new indicators introduced by…
Russia's Central Bank to Launch Blockchain-Powered Digital Mortgage Platform
The Central Bank of Russia is intending to use a local, FSB-approved blockchain for its upcoming e-mortgage project. The Central Bank of Russia is reportedly developing a digital mortgage platform powered by a domestically developed blockchain called Masterchain, local state-owned news agency Ria reported on May 28. According to Olga Skorobogatova, first deputy governor at…
OKCoin Grant Dishes $100K to Bitcoin Payment Processor
OKCoin donated funding to a Bitcoin payment processor, tallying its second independent developer grant allocation. Completing its second independent developer grant, crypto exchange OKCoin has donated $100,000 to open-source crypto payment processor BTCPay Server. In addition to its worldwide fiat on-ramp/off-ramp focus, the OKCoin exchange sees the importance of furthering the industry’s framework, OKCoin CEO Hong…
Gemini Exchange Partners With Samsung
Gemini has teamed up with Samsung, paving the way for mobile wallet interaction with the U.S.-based crypto exchange’s app. U.S. crypto exchange Gemini has partnered with technology giant Samsung Electronics for wallet integration. The partnership means U.S. and Canadian customers can use the Samsung Blockchain Wallet in conjunction with Gemini’s mobile application, a statement provided…
CryptoKitties Creators Launch Token-Powered NBA TopShot in Beta
Dapper Labs — the creator of CryptoKitties — has launched its token-powered basketball game NBA TopShot in beta. Dapper Labs, the team behind the Ethereum-based non-fungible token (NFT)-powered game CryptoKitties, has launched its forthcoming NBA TopShot game in beta. Cointelegraph experienced a sneak preview of the game, which allows players to own, trade and play…
The Future of Digital Assets: Stepping Into the World of Mainstream Crypto
Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is much more to come. Over the last decade, we have witnessed the massive development of crypto. Formerly a geeky trend, crypto was once a questionable and not easily understandable invention…
Theta Confirms Google Partnership Amid Mainnet 2.0 Rollout
Google Cloud, Binance, Blockchain Ventures, and Gumi Cryptos have been announced as Enterprise Validators for the Theta network amid its mainnet 2.0 rollout. Esports and crypto conference streaming app Theta has confirmed its rumored partnership with Google, announcing Google Cloud as an Enterprise Validator and launch partner for Theta mainnet 2.0. The Enterprise Validator Program…