Search Results for: Finance

Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi

In South Korea, leading commercial banks have selected local fintech platform CenterPrime and Oracle system Chainlink to bring foreign exchange rate data feeds from local banks to the decentralized finance (DeFi) space. CenterPrime has access to the Korean open banking API that streams foreign exchange data from several local banks in the country. Developing Country’s … Continue reading Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi

Ether Surges Ahead of Bitcoin and Sets the Record for 2020

Ether has been having a solid run this year. Once again, it has managed to steal the headlines this week, and is ahead of its rival, Bitcoin.  Ethereum Rises to Prominence Ether (ETH) underwent a 20% surge, and the increase in pricing can be attributed to the rising popularity of DeFi applications and the resulting number of dividends pay-outs. This … Continue reading Ether Surges Ahead of Bitcoin and Sets the Record for 2020

Will Hong Kong's Status as an International Digital Financial Hub be Affected by the National Security Law?

2020 has been quite a year for Hong Kong, marked by months of political unrest, the emergence of the coronavirus pandemic, and a sweeping new national security law that China imposed on the city. The national security law, unanimously passed by China’s ruling Communist Party, sets up against secession, subversion, terrorism, and collusion with foreign … Continue reading Will Hong Kong's Status as an International Digital Financial Hub be Affected by the National Security Law?

China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies

The European Union and China recently had trade and economic discussions regarding topics including central bank digital currencies (CBDC) and supply chain.  During the video conference, according to the Ministry of Commerce of China, the two parties discussed the strategic cooperation of the steady recovery and growth of the global economy post-pandemic.  According to the … Continue reading China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange

Chief Technology Officer of CEX.IO crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin. Ethereum Aims For the Skies Trading of Ethereum has shot up on more than one occasion on the crypto exchange. it has been observed that crypto investors have been depositing Bitcoin (BTC) into … Continue reading Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange

Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System

Paxful peer-to-peer Bitcoin marketplace has released some important data regarding the use of its p2p trading platform in Russia. The study indicates a rising interest in the use of cryptocurrencies in the country. The research comes at an important time when the Russian government has been trying to make it even more difficult for citizens … Continue reading Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System

Solid Bull Run: Why Ethereum Is Up 50% in 10 Days

Ethereum faced a flash crash on August 1, where it plummeted by approximately $90 from $415 in 5 minutes.  ‘Everything is Happening on Ethereum’ Eventually, it climbed back to $385 after 10 minutes, but the fluctuation in price value led to a mass liquidation of futures contracts.  What this translates to on the crypto market is that despite undergoing such a huge … Continue reading Solid Bull Run: Why Ethereum Is Up 50% in 10 Days

Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?

Over the last couple of months, Ethereum has been experiencing a lot of exciting news, with its rally on the crypto market and its plans to launch its final 2.0 testnet, “Medalla.”   What Explains The Higher Transaction Records on Ethereum? The number of transactions on Ethereum has seen an all-time high and has shot up over the last few months. However, crypto … Continue reading Ethereum 2.0 Testnet to Launch: Can the Blockchain Network Keep Up With the Surge in Demand?

Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto

China-based crypto investors launched a cryptocurrency scam of their own, after falling prey to a number of crypto schemes themselves. Defrauded Investors Seeks Vengeance The targeted investor, dubbed Yang was reported to have created a fake investment scheme, after losing his own digital assets in a cryptocurrency MLM project. Not only did he fail to … Continue reading Chinese Crypto Investors Orchestrated Digital Heist to Recuperate Lost Crypto

Ethereum Launches ETH 2.0 Multiclient Testnet – Medalla

Ethereum software developers proudly launched the Ethereum 2.0 multiclient testnet, Medalla – the next step on the road to pure Proof-of-Stake. One Step Closer to ETH 2.0 Mainnet As promised, Ethereum launched on August 4, at 1 pm UTC. Ethereum enthusiasts have been anticipating the official release of the testnet since Ethereum software developers have announced that Medalla was in … Continue reading Ethereum Launches ETH 2.0 Multiclient Testnet – Medalla

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