The Tagomi digital assets brokerage, which is backed by PayPal co-founder Peter Thiel’s Founders Fund, has launched today. Tagomi Holdings Inc., an electronic brokerage startup backed by PayPal co-founder Peter Thiel’s venture capital firm, has launched, according to a Dec. 17 press release. Tagomi is an electronic brokerage for digital assets. The firm’s offerings include […]
Vitalik Buterin, the co-founder of Ethereum, the third largest cryptocurrency by market cap, spoke about the reason for opting to Proof of Stake [PoS] from Proof of Work [PoW], in an interview with Blockchain Insider. Buterin started by giving a brief introduction of Proof of Stake and Proof of work, stating that PoS is a […]
Research firm Diar has found that institutional traders have shifted to OTC Bitcoin markets. In its recent analysis published Dec. 17, research firm Diar has found that institutional investors have shifted towards higher liquidity over-the-counter (OTC) physical Bitcoin (BTC) markets. Diar noted growing investment in OTC funds like that offered by major American cryptocurrency exchange […]
Overstock subsidiary tZERO will develop a commodity sales token for an upcoming sale of cobalt. Private equity firm GSR Capital has contracted Overstock.com Inc.’s subsidiary tZERO Group Inc. to develop a smart contract token for a sale of cobalt, according to a press release published Dec. 17. tZERO and Hong Kong-based GRS Capital’s partnership is […]
Ethereum [ETH], the cryptocurrency that was second in the line for the throne, was recently replaced by XRP. The coin has been witnessing a massive drop in both price and market capitalization since then. According to CoinMarketCap, at press time, Ethereum was trading at $86.28, with a market cap of $8.95 million. The cryptocurrency has […]
The Advisory Council of the United Arab Emirates Banks Federation discussed applying blockchain in its member banks to improve KYC processes. The Advisory Council of the United Arab Emirates Banks Federation (UBF) discussed applying blockchain in its member banks, according to the Dubai-based English language newspaper Gulf News on Dec. 17. The Advisory Council of […]
One year ago today, Bitcoin hit $20,000. As a sharp rally from current levels seems unlikely investors should have a long-term horizon and not expect overnight riches. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, […]
Vitalik Buterin, the co-founder of Ethereum, recently spoke about whether there were other projects inside or outside the blockchain ecosystem that were using Proof of Stake [PoS]. He also the key difference in Ethereum’s Proof of Stake [PoS]. Buterin started by speaking about other Proof-of-Stake projects, quoting the example of Tezos as a simpler version […]
As the bull strikes the cryptocurrency market, XRP has strolled way up than it was. In the matter of an hour, the coin drove up by almost 5%. At the time of writing, XRP was trading at an appreciated price of $0.3 with a market cap of $12.5 billion. The 24-hour trading volume was recorded […]
German state-owned bank KfW will trial its blockchain-driven app in Burkina Faso, where it also funds water supply and sanitation programs. Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockchain application for use in public financial management, according to a statement posted Monday, Dec. 17. KfQ, ranked in 2017 […]