EXCHANGES

Street Artist Pascal Boyart Helps Venezuelan Creators Earn Crypto

[ad_1] Crypto-passionate street artist Pascal Boyart, well known in the space for being the first artist in his style to affix Bitcoin QR codes to his work, is now helping Venezuelan muralists and creators earn crypto. The Paris-based “Pboy,” also famous for hiding BTC in his graffiti-meets-classic-art murals, has teamed up with local organization Satoshienvenezuela, creating a tutorial for up-and-coming creatives in the volatile nation. Also Read: Europol Predicts Rise
BLOCKCHAIN

Squashing Libra Could Boost China’s Digital Currency

[ad_1] Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies.China shifts development of digital currency in extra gearOn Oct. 15, financial news outlet Markets Insider reported that RBC analysts believe that once Facebook announced its Libra stablecoin plans, China shifted development of its own yuan-backed CBDC into the next gear. RBC
BLOCKCHAIN

HSBC Enacts a Letter of Credit on a Blockchain in Malaysia

[ad_1] Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia.The transactionEnglish language local fintech news outlet Fintech News Malaysia reported the development on Oct. 14, noting that the transaction involved packaging firm Simply Packaging importing resin from an unspecified Singaporean chemicals company. The issuing bank was HSBC Malaysia and the nominated bank was HSBC Singapore.Per the report, this is the
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Telegram Awaits Court Hearing on SEC Case Against Its Token Sale

[ad_1] Telegram, the most popular messenger in the crypto community, is facing challenges surrounding the launch of its TON blockchain. Following an intervention by the U.S. securities regulator, a court hearing on the sale of the native gram tokens is scheduled to take place a week before the network was expected to go live. Also read: More Nations Join the Club of Crypto-Friendly Jurisdictions NY Court to Review SEC Complaint
BLOCKCHAIN

New Gov’t Initiative to Put South Korean Trade on Blockchain by 2021

[ad_1] The South Korean government is planning to establish a digital trade foundation to reduce the costs of trade by using blockchain technology.Reduce trade costs by more than 90%On Oct. 14, South Korean Finance Minister Hong Nam-ki introduced the country’s Development Plan for Digital Trade. Under the plan, technologies such as blockchain, big data and AI, will be applied to digitize the entire Korean trade finance ecosystem by the year
BLOCKCHAIN

Q3 Saw Record High Inflows, Growing Institutional Interest

[ad_1] Digital asset management giant Grayscale registered over $254 million in total investment into its products in the third quarter of 2019.In its Digital Asset Investment Report for Q3 2019, Grayscale provided details on the inflows into its products for the period from July 1, 2019 through Sept. 30, 2019. The third quarter of the year marked the highest demand for the company’s offerings since its establishment, resulting in $254.9
BLOCKCHAIN

Ford Uses Blockchain Tech to Track “Green Miles” Driven By Vehicles

[ad_1] The Ford Motor Company is looking into blockchain technology and geofencing to accurately track the number of “green miles” driven by its energy-efficient vehicles.Analyzing real-world benefits of energy-efficient vehiclesOn Oct. 15, Ford announced that it is expanding its European plug-in hybrid electric vehicle (PHEV) pilot project to Cologne, Germany. The United States car manufacturer aims to analyze the real-world benefits of these energy-efficient vehicles for the environment, commercial vehicle
EXCHANGES

Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary

[ad_1] Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition. Also Read: The Fed Plans to Inject $60 Billion per Month Into the Economy Satoshi, the Smallest Unit in Bitcoin, Added to the Oxford Dictionary Digital currencies continue to gain
Business

Crypto Markets Turn Red, While Bitcoin Price Takes a Hit Below $8,200

[ad_1] Tuesday, Oct. 15 — Bitcoin (BTC) has continued to trade sideways for most part of the day, while taking a sudden dip in recent hours.Market visualization. Source: Coin360The world’s most popular cryptocurrency traded flat for the better part of the last 24 hours, with an intraday high of around $8,400. In the last couple of hours, BTC took a sudden dip to under the $8,200 price mark, showing a loss
EXCHANGES

Watching Network Activity Can Help Predict Bitcoin Price

[ad_1] Determining Bitcoin’s value and its trend is not an easy task. However, some experts and crypto traders believe that by analyzing BTC’s network activity, they can establish the cryptocurrency’s value. Travis Kling: “Network value should be a function of network activity.” Stock analyst and traders have at their disposal various indicators originated from financial statements, earnings reports, and economic analyses to determine the value of the stocks. Additionally, they