BLOCKCHAIN

Singapore Regulator Recognizes Potential of Blockchain for Cross-Border Payments

[ad_1] Sopnendu Mohanty, Chief Fintech Officer of the Monetary Authority of Singapore (MAS), said that blockchain has potential for cross-border payments but the agency “does not see much” in retail bank digital currencies. Mohanty delivered his comments at the Blockchain in Business event at the Massachusetts Institute of Technology on May 2.Mohanty revealed that back in 2016, policy makers did not have a clear understanding of what blockchain is, so
Business

Crypto Regulation Experts Debate State vs. Federal Regulation in the Blockchain Era

[ad_1] Three cryptocurrency experts expressed diverging views towards United States crypto regulation at a panel during the Massachusetts Institute of Technology’s (MIT) Business of Blockchain event on May 2.Wyoming Blockchain Coalition president Caitlin Long argued that digital assets are property and thus should be regulated at the state level, with the approach that “states control property law, states control commercial law.  Feds control securities law.” She further praised Wyoming’s diligence
EXCHANGES

Bitcoin Will Be Over $10K By 2020 Halving, Model Shows

[ad_1] Despite a slight dip, Bitcoin price is still expected to surpass $10,000 by the next block halving, according to Stock-to-Flow models. As originally posted by the Twitter user planB, Bitcoin remains on course to exceed $10,000 and perhaps even $100,000 according to trend-following macroeconomic models. The significance of stock-to-flow The graph above shows a correlation between bitcoin reward halving and the price of bitcoin, mapped by year and counting
EXCHANGES

Alternative Bitcoin Cash Full Node Bchd Now Includes Public API

[ad_1] On May 3, the developers behind the Bchd project, a Bitcoin Cash full node implementation written in Go (golang), announced the release of a public application programming interface (API). The latest API feature shipped with the new version 0.14.3 offers an out-of-the-box solution that the Bchd developers say “just works.” Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Bchd Developers Announce Public API This week, Bchd
BLOCKCHAIN

Four Leading US Drug Companies Join Blockchain Project to Manage Chargebacks

[ad_1] Pfizer Inc. and other leading American pharmaceutical companies have joined a project to build a blockchain network for the health and pharmaceutical industry, according to a press release on May 2.  McKesson Corporation, AmerisourceBergen Corporation, Premier Inc. and Pfizer Inc. have joined the MediLedger Project Contracting and Chargebacks working group.MediLedger — which is an initiative of San Francisco-based blockchain tech company Chronicled Inc. —  is designed to reduce costs
Business

Fee Has Successfully Stabilized DAI, MakerDAO President Says

[ad_1] DAI stablecoin, which is pegged to the United States dollar, is now in a relatively stable position, according to the president and COO of MakerDAO, Steven Becker, in an Q&A session on May 2.The transcript of the meeting, which focused on demand and supply imbalance, appeared on Reddit. Becker discussed the efficacy of the stability fee alongside MakerDAO’s head of community development Richard Brown and Vishesh Choudhry of the
Business

Report: Craig Wright Serves Roger Ver with Libel Suit

[ad_1] Australian computer scientist Craig Wright has served Roger Ver, CEO of Bitcoin.com, with a libel suit at a London bitcoin cash meetup according to a report by Decrypt on May 2.According to the report, Ver called Wright “a fraud and a liar” in a YouTube video — which has since been stricken for violating YouTube community guidelines — that prompted Wright’s libel suit. Ver commented to Decrypt that he
Business

Phase Zero Code for Ethereum PoS Transition Can Be Completed by June 30: ETH Core Devs

[ad_1] A code for the Ethereum (ETH) blockchain’s first-stage transition to a proof-of-stake (PoS) consensus algorithm could be completed by June 30, as stated in an Ethereum core developers meeting on May 2.In a bi-weekly call, Ethereum researcher Justin Drake claimed that the developers team expects to prepare code specifications for phase zero by the end of June. Drake stated:“We’re still very much on track. Still, [code] simplifications are coming
EXCHANGES

Impending Cross of Key Moving Averages Could Confirm Bitcoin Bull Market

[ad_1] On Friday Bitcoin rallied a little over 6% and the rapid move above the $5,488 resistance has turned analysts like Peter Brandt and Murad Mahmudov bullish on the largest digital asset. Will BTC tackle $6,000 next? Bitcoin Price: Market Overview Things are looking up for Bitcoin price 00. Surprisingly the Tether – Bitfinex debacle appears to have had a limited impact on the bullish sentiment present in the crypto market
ANALYSIS

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 3

[ad_1] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Intercontinental Exchange Inc (ICE) has been loading up on digital assets for its cryptocurrency platform Bakkt, according to its chief executive officer Jeffrey Sprecher. This