The battered bitcoin will hit a new record high by year-end against the U.S. dollar on higher real transaction growth and renewed optimism among market players, an FxWirePro survey showed. After a year-long pain, the...
Consultancy firm McKinsey Company said that retail banks are slow to adopt blockchain technology, citing regulations and conservative consumers as obstacles. The research company said retail banks remain cautious when...
Ethereum is the most commonly used platform for decentralized finance (DeFi) applications (DApps), according to a report by Binance Research published on June 6. The market research, entitled DeFi Series #1 ...
One of Switzerlands most influential think tanks Avenir Suisse released a report pushing the countrys central bank, the Swiss National Bank (SNB), to start issuing a national currency. The report, entitled Blockchain...
Leading research and advisory firm Gartner has predicted that 90% of blockchain technology currently used by enterprises need to be replaced by 2021 to remain competitive, secure and avoid obsolescence. Many CIOs...
The president of Bundesbank, the central bank of Germany, is not convinced with blockchain technology, despite the fact that it is being widely adopted in other sectors. Jens Weidmann said that instead of improving the...
EOS has retained the top position in the latest update of Chinas cryptocurrency ranking released on May 23, with Bitcoin climbing up to the 12th place. Although EOS managed to hold its top position since June 2018, its...
The UK Financial Conduct Authority (FCA) has found that the reported number of crypto and foreign exchange scams more than tripled in the last financial year, the Financial Times reported. The data from the national...
The European Central Bank (ECB) said that crypto-assets currently do not have any risks or threat to Europes economy, according to its May report. Even at their peak in early 2018 the outstanding value of crypto-assets...
One-third of the ether, the native cryptocurrency of the Ethereum blockchain, in the world is owned by only 376 people, a study conducted by Chainalysis found. The research released on Wednesday revealed that these...
The Autorité des Marchés Financiers (AMF), the French stock markets regulator, has seen more than 14,000% spike in enquiries related to cryptocurrency scams in 2018 as compared to 2016, Cointelegraph...
Criminals stole more than $356 million from cryptocurrency exchanges and infrastructure in the first quarter of 2019, blockchain security firm CipherTrace said in its new report. The company has published its Q1 2019...
Ripple offers frictionless experience to send money globally and its token XRP is currenty ranked third with a market cap of around $14 billion. Stellar is an open source, decentralized platform which allows cross-border...
A recent poll from KPMG has revealed that while a high majority of tax and finance executives are interested in automating routine tasks, many of them are not considering adopting blockchain technology. The KPMG...
Ethereum will regain ground over the coming year and erase some of its losses made last year and hit the $500 rate by end-2019 on hopes of demand recovery, an FxWirePro poll showed, but regulatory challenges and a global...