The largest in terms of trading volumes, the Bitcoin exchange Binance is still profitable, despite the long bear market, CNBC reports. “Today, even despite the bear market, we are still a profitable business,” said Wei Zhou, financial director of the exchange. According to him, Binance does not disclose financial information to the public. Thus, media publications are based on the analysis of indirect data from […]
Business
Apple Inc. based in Cupertino reported to the US Securities and Exchange Commission (SEC) on the observance of human rights in a global network of suppliers of raw materials for production. At the same time, the document states that Apple was involved in the development of the Blockchain Handbook for the Responsible Business Alliance (RBA) initiative in mineral supply chains. […]
Chinese search giant Baidu has announced the launch of the Baidu Blockchain Engine (BBE) operating system, created specifically for developing decentralized applications. The basis of the new technology platform is Baidu's ABC technology strategy, which involves the use of artificial intelligence, big data and cloud computing. The cloud platform is also designed to eliminate the high cost of data storage and lack of computing power. "It makes the development of […]
JP Morgan Chase, the largest banking conglomerate, becomes the first US bank to create a cryptocurrency for instant transactions with…
It is expected that by the end of 2023 the global market for smart contracts (IC) will reach a capitalization…
Petr Koziakov, Alexander Vasilyev and Grigory Vaisman announced the launch of a new cryptographic payment service Mercuryo. According to them,…
The founder of Galaxy Digital, Mike Novograz, in a conversation with Bloomberg, expressed the opinion that in March of this year, custodial solutions for cryptocurrency will start to run, which will pave the way for institutional money. “All the necessary architecture is being created so that the institutions feel comfortable,” Novograz noted. He stressed that at the beginning of spring, signs of the emergence of “smart money” will be visible on the market. According to him […]
New York-based payment startup SendFriend, focused on the use of XRP tokens for international money transfers, closed a $ 1.7 million round of financing from Barclays Bank and fintech company Ripple, CoinDesk reports. Mastercard Foundation, MIT Media Lab, Techstars Incubator, Mahindra Finance, 2020 Ventures and 8 Decimal Capital also took part in the round. Note that SendFriend got into the business accelerator […]
The South Korean cryptocurrency exchange Bithumb signed a memorandum of understanding with the company Nvelop from the United Arab Emirates (UAE) to launch a licensed trading platform for digital assets supporting Fiat, CoinDesk reports. As the newspaper notes, the new partnership should help Bithumb in the future to reach the markets of Saudi Arabia and Bahrain. Note that Nvelop was founded by the investment fund E11 and […]
Security tokens are digital analogues of securities (English – securities), certifying property and giving owners the right to realize their…