Bank Of America CTO Says They Didn’t Find Blockchain Use Case In The Financial Industry The Chief Technology Officer (CTO) of Bank of America (BoA), Catherine Bessant, explained that they were not able to find any use case for blockchain technology in the financial industry. She made these comments during an interview she had with Bloomberg on May 4. BoA Can’t Find Blockchain Use Cases During this conversation with Bloomberg, she explained that the technology has a lot of potential but they have to yet find them in the financial industry. About it, Catherine Bessant commented: “I believe that there are use cases that make sense today, we have yet to find them at scale in financial services. We’re experimenting heavily, we have more partners than any other financial institution in the blockchain space, but have yet to find something that makes a difference for our clients or our customers.” Although the claims that they believe in the potential of blockchain technology, she commented
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices According to the online platform
Robinhood, a Menlo Park, California-based stock brokerage firm that allows users to trade US listed stocks, exchange-traded-funds (ETFs), and cryptocurrencies with zero commission, had received a BitLicense and a money transmitter license in January 2019.
In the cryptocurrency world, there are always interesting changes and developments to keep an eye on. Whereas Initial Coin Offerings lost pretty much any traction in 2019, their successor has shown up in the form of Initial Exchange Offerings, or IEOs. The following major platforms all provide such token sales, and it seems the competition …
By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as
Ведущая по объемам торгов криптовалютная биржа Binance подтвердила готовность к запуску маржинальной торговли. В своем Twitter-аккаунте площадка продемонстрировала обновленный интерфейс с новой вкладкой “Margin”. Dark mode or Light mode ? #Binance pic.twitter.com/pGSb1np4yp — Binance (@binance) 24 мая 2019 г. Отметим, на скриншоте видно предупреждение о рисках, связанных с маржинальной торговлей. Тем не менее пока Binance решила не показывать непосредственную работу новых инструментов. За последние 24 часа цена Binance Coin (BNB) выросла более чем на 8%, превысив отметку в $33 и в очередной раз обновив исторический максимум. Напомним, в начале мая один из пользователей площадки обнаружил изменения в API биржи, предполагающие возможную разработку функциональности, связанной с маржинальной торговлей. Позже СЕО Binance Чанпэн Чжао подтвердил эту информацию. Подписывайтесь на канал Forklog в YouTube!
Telecom powerhouse AT&T has tied up with crypto payment processor BitPay to allow customers to use cryptocurrency to pay their bills, as per a public announcement, 23 May, 2019. This a major step to adoption as it marks the first instance of a major American company tying up with BitPay.…
Social media giant Facebook plans to launch its own payments-focused cryptocurrency “Globalcoin” in 2020.
Chinese citizens are legally allowed to hold Bitcoin, no punishment from the government will follow
The asset is considered one of the most liquid, leading to a decision to open the fund to small-scale investors.
Facebook aims to start testing its GlobalCoin cryptocurrency by year-end; Grayscale gets the nod to publicly quote eligible shares of Grayscale Ethereum Trust (ETHE); and Coinbase opens up trading of the Dai stablecoin to all customers.
iSTOX, a Singapore Exchange-backed security token platform, has joined a regulatory sandbox set up by Singapore’s central bank.
A big investment in Proxicoin promises that it will offer new investment opportunities to film, TV and music fans.
Facebook is planning to launch its cryptocurrency named ‘GlobalCoin’ in a dozen countries by the first quarter of the next year in 2020. Furthermore, the social media giant plans to test the cryptocurrency by the end of this year.
Ethereum co-founder Vitalik Buterin proposed a solution to improve the privacy of the network. His ‘minimal mixer design’ could send fixed quantities of ETH from one account to another without the link being visible on-chain.