EXCHANGES

If You Don’t Trust Yourself, These Crypto Vaults Will Help You Hodl Safely

[ad_1] Hodling in difficult times has historically proven to be a long-term winning strategy. Keeping your cryptocurrency in your own cold storage is by default a good idea as far as security is concerned. But if you don’t trust yourself to not lose a small hardware device or a piece of paper, then there are alternatives that involve trusting others, for good or bad. Also read: An In-Depth Look at
EXCHANGES

Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues

[ad_1] Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However, the auction might not be enough and the Makerdao community is debating on adding the stablecoin USDC as collateral. Also read: ETH
BUY/SELL

Bitcoin Price, Stocks, Rally on Trump COVID-19 $1 Trillion Stimulus Reveal

[ad_1] Bitcoin’s recovery from last week's catastrophic drop to $3,700 continued on Tuesday as the digital asset briefly topped $5,500 before pulling back below $5,400. The improvement in the crypto market’s price action appears to have received a boost from today’s White House press conference which saw the U.S. Treasury Secretary Steven Mnuchin confirm reports that the Trump Administration would support a $1 trillion dollar Coronavirus response package. The stimulus aims
BLOCKCHAIN

Investment Platform Republic Aims for Asset Creation on Algorand Chain

[ad_1] Republic, a platform letting users invest in early-stage companies, announced plans to launch its own digital asset on Algorand’s blockchain. “We are excited to be using their cutting edge blockchain technology to enable the creation of a new dynamic digital asset,” Republic co-founder Kendrick Nguyen said of Algorand in a March 17 statement provided to Cointelegraph. The asset will allow the public access to the success or failure of Republic
Business

IDG-Backed Crypto Exchange KuCoin Establishes KuGroup to Expand Services

[ad_1] Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure business.Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup, a core division of the company that will manage all KuCoin products.KuCoin announces two new appointments alongside company restructuringAccording to a March 17 announcement, KuGroup encompasses three business divisions in the company, including KuCoin
BLOCKCHAIN

Alibaba Imports E-Commerce Platform Adopts Blockchain Traceability System

[ad_1] Chinese e-commerce giant Alibaba announced its import e-commerce platform Koala has updated its products to include a full-link traceability blockchain system on March 16, according to a Sina Finance report from March 17. Blockchain increases logistic transparency The report revealed that the integration of Ant Financial’s blockchain in the Koala platform allows online buyers to find out the purchasing goods detailed logistic information through scanning a QR code with Alipay. The updated
EXCHANGES

US Court Throws Out Nvidia Corp Crypto Lawsuit

[ad_1] A group of investors charged US-based GPU maker Nvidia with making false statements about its inventory of graphic processing units (GPUs). However, US District Judge Haywood S. Gilliam Jr. threw out the suit yesterday, citing inconclusive arguments against the tech firm. Judge Concludes Stakeholders Don’t Have Enough Arguments The US judge concluded that Nvidia’s revolted investors couldn’t prove that the company had knowingly released false information regarding its stock
BLOCKCHAIN

Akon’s Crypto Project Adds Financial Infrastructure Outfit Delchain As Partner

[ad_1] Akoin, a cryptocurrency project from famous singer Akon, has joined up with blockchain financial infrastructure company Delchain. “Bahamas-based digital asset management leader Delchain, an affiliate of Deltec, has provided strategic advisory services and expertise in connection with Akoin’s token generation event on a top tier exchange, scheduled for Q2 of 2020,” Akoin president and co-founder Jon Karas said in an email to Cointelegraph.Delchain is reportedly associated with Deltec Bank and
BLOCKCHAIN

Blockchain Can Save Pharmaceutical Industry $180 Million, Study Says

[ad_1] UCLA Health and LedgerDomain, a blockchain development platform, announced a new study revealing that blockchain technology would save the United States pharmaceutical industry over $180 million each year.The study was launched as part of the U.S. Food and Drug Administration’s Drug Supply Chain Security Act Pilot Project Program. The program is part of a broader effort to develop an electronic, interoperable system to track prescription drugs throughout the U.S. According
BUY/SELL

Bitcoin Safe Haven Narrative in Question After Biggest Drop in 7 Years

[ad_1] Bitcoin (BTC) price is slowly recovering, reaching $5,500, after last week’s Black Monday style market meltdown which led to Bitcoin price pulling back sharply as traditional markets suffered the third worst trading day ever. Monday’s correction was followed by major cryptocurrencies - Ether (ETH), XRP, and Bitcoin Cash (BCH) all losing 11.6%, 8.3%, and 4.2%, respectively. Crypto market daily price chart. Source: Coin360The dump in crypto prices has raised further