Bitcoin failed to maintain gains above the USD 11,500 level and started a downside correction. Altcoins also followed the same pattern and declined. Cryptocurrencies such as Ethereum, bitcoin cash, litecoin and ripple traded lower and trimmed most of their weekly gains. At the moment, the current price action seems to be part of a correction. […]
Source: Adobe/ink drop As US online trading platform Robinhood is gearing toward its initial public offering (IPO), its filing with the country’s Securities and Exchange Commission (SEC) reveals why the company does not currently allow users to deposit and withdraw cryptoassets into or from its platform. This said, Robinhood also reiterated they might change this […]
Source: AdobeStock / Myst The crypto-keen South Korean gaming giant Nexon is continuing to hold its bitcoin (BTC) — even though it has written off some 40% of the money it spent on a groundbreaking USD 100m BTC purchase just months ago as a loss. In an official release, Nexon said that, going forward, it […]
Innovate UK, United Kingdom’s technology development agency, announced that it has up to GBP 19 million (USD 26.6 million) to invest in upcoming science and technology projects, including blockchain and Internet of Things. The public office also said they would offer an additional GBP 12 million through Knowledge Transfer Partnerships (KTP), which would allow businesses […]
Source: Adobe/piter2121 Hedera Hashgraph, a public distributed ledger platform and a blockchain alternative for corporations, has announced a partnership deal with the BRD consumer wallet, which it says will bring its HBAR token to 5 million wallet users. The company also announced the winners of a recent virtual hackathon. Hedera and BRD have entered a […]