The China Banking Association (CBA), the country’s self-regulatory organization for the banking sector, is launching a new blockchain-based platform for trade finance. The platform was announced last week while the organization is in the process of rolling it out for live…
Bitcoin’s (BTC) recent pullback from highs above $4,200 could trap the bears on the wrong side of the market, the price-volume analysis indicates. The leading cryptocurrency by market value is currently trading near $3,848, having clocked a low of $3,642…
Digital retail giant Overstock.com plans to pay at least some of its taxes using bitcoin this year. The company announced on its investor portal Thursday that it would pay some of its state commercial activity taxes in Ohio using bitcoin,…
BitTorrent, which pioneered peer-to-peer technology for sharing files on the internet, is creating its own cryptocurrency. Issued by the Singapore-based BitTorrent Foundation, the new BitTorrent Token (BTT) will run on the tron protocol, developed by Tron, which acquired BitTorrent in June of…
Today marks the debut of a new cryptocurrency, called Beam – one of two highly-anticipated privacy coins implemented with the so-called “mimblewimble” protocol. The mimblewimble protocol, which is touted as a way to make transactions confidential and virtually untraceable, first…
Japanese e-commerce giant DMM.com is reportedly in the process of winding down its cryptocurrency mining business, less than a year after it set up the operation. A news report from Nikkei on Dec. 30 said DMM made the decision to withdraw…
Jim Radecki is the Global Head of Business Development at Cumberland, a subsidiary of DRW Company. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. Earlier this year, the total value of all crypto assets reached an all-time…
Bitcoin (BTC) chalked up its longest monthly losing streak in seven years in December. The leading cryptocurrency by market value closed at $3,689 on Dec. 31, representing a 13 percent drop from the monthly opening price of $4,241. That was…