[ad_2][ad_1] The cryptocurrency reserves held on digital asset exchanges have fallen to new lows, as some of the major exchanges have seen significant drops in the balance of bitcoin reserves. A few months ago, trading platforms had far more reserves of bitcoin on hand, and data on the chain shows …
Read More »First Mover: OKEx Private Key Snafu sends Bitcoin lower as DeFi rises in China
[ad_2][ad_1] Bitcoin (BTC) fell 2% on Friday, the highest in three weeks, after the market was frightened by the announcement that cryptocurrency exchange OKEx had suspended withdrawals because founder Mingxing “Star” Xu would be caught. police custody. The executive is the holder of a private key needed to authorize withdrawals, …
Read More »Litecoin Short-Term Price Analysis: October 15th
[ad_2][ad_1] As mentioned in a previous article, Litecoin’s price is followed by a bullish breakout. This changed the previously ambiguous situation to a bullish one. A deeper look at Litecoin’s price movement and indicators will reveal what the bulls / bears have in store for LTC. Litecoin 1-day chart Source: …
Read More »First presidential vote cast using blockchain technology
[ad_2][ad_1] EXCLUSIVE – With the 2020 presidential election less than a few weeks away – once again burdened with questions and concerns related to electoral security and fraud – the groundbreaking blockchain voting technology is being tested in small pockets of the country. And Tuesday marked the first time a …
Read More »RippleNet has processed over 2 million transactions
[ad_2][ad_1] Ripple CTO, David Schwartz, claims to have a significant amount of funds invested in some cryptocurrencies usually referred to as shitcoin. He said this in a recent post on Quora, answering a generic question asking if anyone had lost funds by trading cryptocurrencies. Ripple’s CTO further revealed that the …
Read More »How will blockchain impact the global economy?
[ad_2][ad_1] An analysis by PwC shows that blockchain technology has the potential to increase global gross domestic product (GDP) by $ 1.76 trillion over the next decade. This is the key finding of a report that assesses how the technology is currently being used and explores the impact blockchain could …
Read More »Ripple donates $ 10 million to Mercy Corps to increase financial inclusion
[ad_2][ad_1] Ripple, the US-based currency exchange and remittance network, is donating $ 10 million to Mercy Corps, a non-profit humanitarian aid organization, to “expand financial inclusion and increase economic power at the global”. Ripple, through a nonprofit unit, works with NGOs, universities and industry partners to “bring the 1.7 billion …
Read More »This is why the price of Ethereum (ETH) is plummeting today
[ad_2][ad_1] The price of Ethereum (ETHUSD) is plunging today as investors react to the latest news on OKEx. The price fell more than 3% and is trading at $ 364. Other digital currencies are also down, with Bitcoin, Bitcoin Cash, and Litecoin all down more than 3%. The biggest catalyst …
Read More »Litecoin (LTC) closes the previous hour up by 0.67%; It falls for the third consecutive day, in an uptrend for the past 14 days
[ad_2][ad_1] The hourly display for LTC Last updated October 16, 2020, 01: 036 GMT At the time of writing, the price of LTC has increased by $ 0.33 (0.67%) from the previous hour. This move is a reversal from the previous hour, which saw the price drop. If you are …
Read More »Shariah compliance expert says cryptocurrencies are legitimate commodities
[ad_2][ad_1] A sharia compliance expert, the current chairman of the Shariah Advisory Council at the Central Bank of Malaysia and a member of the sharia council at many financial companies, says cryptocurrency is a legitimate commodity that can be traded. Cryptocurrency and Shariah Compliance Cryptocurrency adoption and investment remain low …
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