Germany’s largest bank, Deutsche Bank, has joined JPMorgan’s blockchain-based network, the Interbank Information Network (IIN). Launched as a pilot in 2017, the JPMorgan-led blockchain initiative now has a network of 320 banks that have entered the platform to swap global payments data using the

The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that more than 600,000 powerful new machines may have come online in the last three months. According to data from crypto mining pool BTC.com, bitcoin’s two-week average hash

Central Banks and Libra are meeting in Switzerland on Monday, and the meeting is likely to bring positive results for Facebook’s stablecoin venture. Latest reports reveal that the European Central Bank (ECP)‘s officials and twenty-five global central banks will be meeting

China's Central Bank, the People's Bank of China (PBC), is planning  to introduce its own digital currency. That’s according to an article published in Globaltimes last week, which says that the PBC applied for 74 patents involved with digital currencies to the National Intellectual

Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies like bitcoin and ethereum. Tagomi’s COO Kevin Johnson told CoinDesk that its new platform addresses issues that stymie institutional crypto shorts. Many large-scale investors

In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were up 0.37%. Leading the way was Bitcoin, whose price is now around $10428.96 USD, which yielded holders a return of 2.6% from the

An isolated island nation in the Pacific Ocean with a population of about 75,000 continues to break ground in the cryptocurrency space. The Marshall Islands is proceeding with the creation of a blockchain-based national currency, the Marshallese sovereign or SOV, the

Bitcoin prices did not rally sharply in August, even as trade war concerns intensified. The digital currency did experience some gains during the month, rising more than 20% between August 1 and August 6, when its price surpassed $12,300, CoinDesk figures show. The cryptocurrency started moving higher after President

The company set up to run Facebook’s Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland. Swiss financial regulator FINMA confirmed in a guidance note on stablecoins Wednesday that it had received a request for an assessment

Bitcoin's epic 2017 bull run propelled many cryptocurrency startups into the stratosphere, but most have now crashed back down to earth. The bitcoin price, which rose from under $1,000 per bitcoin to almost $20,000 over the course of 2017, fell sharply last