Archive for September 1st, 2020

Band Protocol CEO says that a single Chainlink data request costs $450

September 1, 2020 | By | Reply | 12 Readers More
Band Protocol CEO says that a single Chainlink data request costs $450

Band is one of Chianlink’s main competitors in the oracle space that is based on Cosmos technology. In a recent Cointelegraph interview, Soravis Srinawakoon, the CEO of Band Protocol, said: “If you look at Chainlink, one data request right now can take almost $450 because someone needs to submit the request data to ask for […]

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Bermuda and Stablehouse Join Forces To Launch New Stablecoin

September 1, 2020 | By | Reply | 14 Readers More
Bermuda and Stablehouse Join Forces To Launch New Stablecoin

Source: Adobe/gustavofrazao The government of Bermuda has teamed up with stablecoin platform Stablehouse to launch a test pilot program for a stablecoin, which the territory calls a digital stimulus token, allowing purchases of food and other essential products, as well as services from participating merchants and retailers. Local authorities hope the initiative could help remove […]

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Three Years Later: US Judge Approves $25M Settlement And Closes Tezos Lawsuit

September 1, 2020 | By | Reply | 13 Readers More
Three Years Later: US Judge Approves $25M Settlement And Closes Tezos Lawsuit

The three-year-long class-action lawsuit against Tezos for supposedly violating securities laws in the US with its 2017 ICO has come to an end after Judge Richard G. Seeborg approved the $25 million settlement offer brought by Tezos earlier this year. Lawsuit Targeting Tezos: The Backstory The company had little time to celebrate its successful initial […]

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Japanese Regulator Hints at ‘New Laws’ for Crypto Industry + More News

September 1, 2020 | By | Reply | 14 Readers More
Japanese Regulator Hints at ‘New Laws’ for Crypto Industry + More News

Source: Adobe/allexxandarx Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Japan’s top financial regulator, the Financial Services Agency (FSA), has spoken about possible forthcoming regulatory changes for the crypto and blockchain industry in the second half of FY2020, reported […]

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Banks around the world approaching crypto and blockchain technology

September 1, 2020 | By | Reply | 12 Readers More
Banks around the world approaching crypto and blockchain technology

Numerous major banks around the world have made big moves towards crypto and blockchain in 2020. Three Aussie banks just announced the commercial launch of Lygon, a platform for bank guarantees. Banks across the globe continue to launch crypto custody services for institutional and major investors. Banks around the world have started opening doors to […]

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Singapore Exchange and HSBC Come Together on a $300M Blockchain Bond Issuance

September 1, 2020 | By | Reply | 14 Readers More
Singapore Exchange and HSBC Come Together on a $300M Blockchain Bond Issuance

A joint venture between the British multinational investment bank HSBC, Singapore Exchange (SGX), and state-owned investment company Temasek has completed its first digital bond issuance of $300 million worth of corporate bonds on SGX’s digital asset platform by employing blockchain technology. $300M Of Corporate Bonds Replicated Digitally With DLT The collaboration between the three entities, […]

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Bitcoin is at a “Pivotal” Level; Here are the Key Factors to Consider

September 1, 2020 | By | Reply | 13 Readers More
Bitcoin is at a “Pivotal” Level; Here are the Key Factors to Consider

It has been a turbulent past couple of weeks for Bitcoin, with the cryptocurrency first plunging to lows of $11,000 last week before incurring a strong rebound that has since led it all the way up towards $12,000. Despite the strength of the aggregated crypto market, analysts are noting that there are some signs that […]

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Bitcoin is targeting $288K Stock-to-Flow price ‘like clockwork’ — PlanB

September 1, 2020 | By | Reply | 15 Readers More
Bitcoin is targeting $288K Stock-to-Flow price ‘like clockwork’ — PlanB

Bitcoin (BTC) is heading to $288,000 and higher “like clockwork” as fiat currency woes mount and European inflation goes negative. In a tweet on Sept. 1, PlanB, creator of the stock-to-flow (S2F) family of Bitcoin price models, said that BTC/USD had performed exactly as expected in August. BTC price: Another month, another “red dot” Listing […]

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XRP Eyes $0.30 Following 2-Week Sideway Action (Ripple Price Analysis)

September 1, 2020 | By | Reply | 15 Readers More
XRP Eyes $0.30 Following 2-Week Sideway Action (Ripple Price Analysis)

XRP climbed by a small 3% this week as it reached the $0.29 level. Toward the end of last week, the coin bounced higher from the .382 support at $0.264. Against Bitcoin, XRP penetrated above a falling trend line. XRP/USD – Bulls Bounced from .382 Fib Support Key Support Levels: $0.28, $0.264, $0.256. Key Resistance […]

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Crypto.com Pay Now Powers CRO Payments From Any ERC-20 Wallet

September 1, 2020 | By | Reply | 15 Readers More
Crypto.com Pay Now Powers CRO Payments From Any ERC-20 Wallet

[PRESS RELEASE] HONG KONG, Aug. 28, 2020  – Crypto.com today announced that Crypto.com Pay — the company’s payment solution for online merchants — will now support CRO payments from any ERC-20 wallet. This evolution of Crypto.com Pay will help merchants expand their reach by giving customers more wallet options to spend CRO and increase transaction […]

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