INDUSTRY
blockchain application in various industries
Bitcoin Whales are Controlling the Market
Bitcoin whales are reckoning forces in crypto exchanges. Therefore, their dominance is being felt in the crypto market because of their massive liquidity.
Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years
A cryptocurrency index fund provider Bitwise based in the US is of the opinion that the Facebook-owned stable Libra has accelerated the growth of cryptocurrencies by three years.
US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth
The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.
Steve Bannon Expresses his Admiration for Bitcoin
Co-founder of Breitbart News and former chief strategist for US President Donald Trump's administration, Steve Bannon has expressed his admiration for Bitcoin saying that it is a part of the "global populist revolt" in a CNBC News Squawk box on August 2
Walmart Files Patent Introducing Its Own Digital Currency
Walmart has filed a cryptocurrency patent to develop its own U.S dollar-backed digital currency similar to Facebook’s Libra.
LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures
The United States Commodities and Futures Trading Commission (CFTC) confirmed that LedgerX has not yet been approved to offer physically-settled Bitcoin futures in contrary to previous announcements.
Will Facebook Ever Be Able to Launch Libra?
In recent speculation, Facebook has acknowledged that there are several regulatory issues that are preventing the progress of launching Libra globally.
United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity
The United States Department of Defense (DoD) is considering implementing blockchain technology to enhance its cybersecurity.
Polish Crypto Exchange BitMarket Co-Owner Found Dead
According to the local news, Niemiro was found dead in the city of Olsztyn near his residence, it was suggested that Niemiro had committed suicide.
Huawei’s CEO Responds to Facebook: China Can Issue Its Own Libra
Ren Zhengfei, CEO of China’s Huawei believes that China can create their own digital currency in response to Facebook’s Libra.