The Mitsubishi UFJ Financial Group (MUFG) has partnered with major U.S.-based cloud delivery platform Akamai Technologies to release a global payment network based on blockchain, Cointelegraph Japan reports today, May 21.Akamai, a Massachusetts-based firm, was able to test the blockchain platform “under realistic business conditions,” showing a capability for...
Bitcoin hogged the limelight in the cryptocurrency markets last week as it fell to one-month lows below $8,000. Yet, while the world's largest cryptocurrency by market capitalization suffered a 3.6 percent week-on-week drop in prices, it still outclassed other major names like bitcoin cash (BCH) and EOS, which both reported...
Bitcoin (BTC) has bounced back above $8,500, but the rally is not backed by decent trading volumes, the technical charts indicate. The cryptocurrency closed below key technical levels on Thursday, signaling a bearish breakdown, but the sell-off unexpectedly ran out of steam at $7,925 a day later. Subsequently, bitcoin gained...
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com.As society starts to move away from cash, central banks’ potential to reap profits off issuing that cash could be threatened.Many governments are worried about the mass adoption of...
Cryptocurrency television shows are now gaining more popularity as various broadcasting services are taking responsibilities by offering to air these shows. TradeStation and Cheddar –a live streaming financial news network- announced in a press release on March 15 to air “Crypto Craze” a weekly show focusing on cryptocurrency trading...
May 20: Crypto markets saw some growth over the past 24 hours, with all of the top ten cryptocurrencies listed on Coinmarketcap currently in the green and total market capitalization approaching $392 bln.Market visualization from Coin360Bitcoin (BTC) is up around 3 percent in 24 hours to press time, currently...
The controversial stablecoin Tether generated $250 million worth of new USDT tokens on May 18, according to Omni Explorer.Tether is the company that issues the so-called stablecoins USDT, which it claims are backed at 1:1 ratio by US dollars. Tether has been criticized for its lack of transparency after...
The Chief executive officer of FedEx, Fred Smith, said at the 4-day blockchain Conference “Consensus” in New York, that the blockchain is the next determinant for the success of his company. From his own perspective, there is a whole sea of new opportunities, that are only available because of...
Political candidates in Colorado could soon accept Bitcoin or other digital currencies for their campaigns, according to reports by the Denver Post on May 17.Secretary of State Wayne Williams made the proposal for allowing donations of cryptocurrencies in political campaigns in draft rules presented on May 16, the Denver...
This week’s news was dominated by stories out of Blockchain Week and the Consensus 2018 conference held in New York City. There was free beer served from an ID-validating dispenser, Warren Buffet was criticized for his “rat poison” view of cryptocurrency, and there were plenty of business announcements, including...