INDUSTRY

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Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank seeks to become a crypto lender based on the considerable demand witnessed in this sector.

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.

Follow up: Almost 300,000 Addresses Hit in Binance Dusting Attack Launched Against Litecoin

Cryptocurrency exchange giant Binance alleged that a dusting attack had been launched on Litecoin (LTC). Being the fourth-largest altcoin, this had gained substantial attention amongst cryptocurrency proponents.

Present-day Blockchain Industry Hindered by Structural Scarcity of Talents

The growth of the current blockchain sector is being hampered by the lack of enough structural expertise.

ING Poll Reflects That Austrians are The Most Skeptical Towards Crypto

A giant in Austria had revealed that Austrians are the most skeptical people towards Bitcoins and cryptocurrencies in general.

BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off

The price of Bitcoin has taken a serious hit in the past few days as the largest cryptocurrency has dipped below its supposedly strong support of $10k and bounced back up.

US Awaits Recession While Bitcoin Becomes the Last Resort

The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.

Market Researcher States That Bitcoin is an Indicator for Geopolitical Turmoil

Nicolas Colas, a market researcher and Co-founder of market research firm DataTrek Research, says that Bitcoin could be used as an indication for geopolitical turmoil.

Walmart Files Patent Application for Blockchain-Based Drone Communications

The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.

The Fate of Cryptocurrencies in a Fast-Changing Financial Ecosystem

Cryptocurrency being a digital currency, created and managed through the use of advanced encryption techniques known as cryptography has been gradually modifying the world of finance as well as other sectors such as e-commerce and since its creation in 2009.

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