Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth
Singapore-based exchange conglomerate Huobi Group has a unique growth strategy for emerging markets: partner with local entities and then split the profits 50/50. Revealed exclusively to CoinDesk, the South African exchange HIZA will launch in May and join a cohort of
UK Baroness’ Luxury Bitcoin Property Project Reportedly Suffering Delay
A luxury residential project targeting the crypto rich may be in trouble. According to a report from The Times on Sunday, the Aston Plaza project in Dubai – launched in 2017 by high-profile U.K. entrepreneurs Baroness Michelle Mone and Doug Barrowman – appears
Crypto Markets Drops as Bitcoin Fails to Hold $5,300 Support, Stocks Hit All-Time Highs
Monday, April 29 — after seeing moderate gains yesterday, crypto markets have tumbled at press time, with most of the top 20 coins by market cap in the red. Bitcoin cash (BCH), the fourth top crypto by market cap, has dipped as much as 7.1% over the
USD Stablecoin Paxos Standard (PAX) Coming Soon to the Ontology Blockchain
Around 03:00 (UTC) on Saturday (April 27), Singapore-based blockchain project Ontology announced that the fully USD-collateralized stablecoin Paxos Standard (PAX), which until now has only been available on the Ethereum blockchain (as an ERC-20 token), is launching on the Ontology blockchain
Litecoin (LTC) Price Analysis: Risk Of Additional Weakness To $60
Litecoin price is facing a strong resistance near the $72.50 and $75.00 levels against the US Dollar. LTC could extend losses towards the $62.00 or $60.00 support before a fresh increase. Litecoin price failed to stay above the $75.40 support and
A Glimpse of Banking’s Future, Live on the Ethereum Blockchain
At first glance, this week’s move by the investment bank Societe Generale to issue a security token-like bond in which it was both the issuer and the sole investor might seem like a pointless act. Not so much a peer-to-peer transaction; just
Saudi British Bank Launches Ripple-Powered international Transfer Service
Ripple continues to grow as the blockchain technology most used in the international banking system. After revealing that more than 200 financial institutions had adopted its technology solutions, the company adds a fresh partner thanks to the decision of Saudi British Bank
Bitcoin Pushes Over $5,300 as Most Top Cryptos See Gains
Saturday, April 27 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day to press time. Bitcoin (BTC) has pushed just over the $5,300 mark. Bitcoin is up just under 1% on the day, trading at $5,306 at press
Development Of ‘Blockchain City’ In Malaysia Supported By The Chinese Government
Over 835 acres off the coast of the Malaysian city, Malacca, will soon be turned into a tourist blockchain-city with extensive infrastructure. What’s peculiar about this project is that it was launched by China Wuyi and SWT International Sdn Bhd and supported
Samsung Invests $2.9 Million in Crypto Hardware Startup Ledger
South Korean technology giant Samsung has invested 2.6 million euros ($2.9 million) into crypto hardware startup Ledger. The investment gives the startup a valuation of roughly $290 million, French business magazine Capital reported Wednesday. A spokesperson for Ledger confirmed that Samsung backed the