Search Results for: Three

Exclusive: Deloitte Blockchain Lab on the Three Areas of Collaborations with HKMA

The Hong Kong Monetary Authority (HKMA) started exploring blockchain technology with the whitepaper on distributed ledger technology (DLT) in Nov 2016. Since then, the HKMA has been actively leveraging blockchain into trade finance including eTradeConnect, Global Trade Connectivity Network, and we.trade. What is the role of Deloitte Blockchain Lab in these initiatives? We were delighted to interview Dr. Paul Sin, leader of the Deloitte … Continue reading Exclusive: Deloitte Blockchain Lab on the Three Areas of Collaborations with HKMA

Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years

A cryptocurrency index fund provider Bitwise based in the US is of the opinion that the Facebook-owned stablecoin Libra has accelerated the growth of cryptocurrencies by three years. This was stated in a letter published to investors on August 1. The attention given to Bitcoin by Libra Libra, which has been gaining substantial attention since … Continue reading Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years

Deployment of Blockchain Across the Financial Ecosystem Still at Least Three Years Behind

September 16th marks the kickoff of the Gartner IT Symposium/Xpo 2019 in Cape Town, South Africa, with Blockchain being one of the technologies that this event plans to tackle, there is also a major interest in how this technology will be affecting certain industries in the coming years. With increasing interest in Blockchain, the firm is … Continue reading Deployment of Blockchain Across the Financial Ecosystem Still at Least Three Years Behind

Opinion: Here are Three Reasons Why China is Afraid of Cryptocurrencies

China’s government has shown its commitment to embrace blockchain, although it has taken a precaution towards cryptocurrencies, as state regulators seek to ensure that average citizens have no access to cryptos.  Here are three reasons why China is afraid of cryptocurrencies.  Transactions that flows outside their control  Cryptocurrencies undermine particular objectives of the Chinese state. Key among them is control of … Continue reading Opinion: Here are Three Reasons Why China is Afraid of Cryptocurrencies

Kazakhstan Intends to Attract Over $738 Million in Crypto Investments in Next Three Years

The government of Kazakhstan is making plans to attract $738 million in investments related to cryptocurrencies and digital mining activities set up with the nation over the next three years. Askar Zhumagaliyev, Kazakhstan’s minister of digital development, innovation, and Aerospace industry, disclosed the plan while addressing the June 11 plenary session of the Senate, the … Continue reading Kazakhstan Intends to Attract Over $738 Million in Crypto Investments in Next Three Years

Sri Lanka’s Central Bank Shortlists Three Tech Firms to Develop Blockchain PoC for KYC Optimization

The Central Bank of Sri Lanka has shortlisted three software development companies to develop a proof-of-concept (PoC) for a shared know-your-client (KYC) platform using blockchain. The central bank aims to develop a blockchain-based platform that would enable the banking sector and the government to securely share and update customer data countrywide. As per the report, the … Continue reading Sri Lanka’s Central Bank Shortlists Three Tech Firms to Develop Blockchain PoC for KYC Optimization

OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance

While Bitcoin’s price is struggling to maintain its $12,000 threshold, an altcoin has been making triple-digit gains, including the OmiseGO (OMG) Network. OmiseGO reached at all-time high recently, reaching $9.82 on Binance. OMG’s price is $6.34 at press time. With the recent surge in OMG’s price, OmiseGO’s market capitalization has surged to approximately $275 million … Continue reading OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance

Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE

The altcoin market has been favorable for the decentralized finance (DeFi) market in the past week, with massive growths seen in many DeFi projects.  With the general growth experienced by the DeFi market, the growth recorded in the past week by SushiSwap (SUSHI), UniSwap (UNI), Aave (AAVE), and Compound (COMP) stand out. The embrace of … Continue reading Here Are the Top Three DeFi Gains of the Week: SUSHI, UNI, and AAVE

Bitcoin’s Realized Price Hit a New All-Time High, Three Factors that Currently Influence BTC Price

Bitcoin’s price recently reached a new high, reaching above $18,000 to its new 2020 record price of $18,393 earlier this week. The world’s largest cryptocurrency has seen a massive bull run in the past few weeks, surging past its crucial level above $18k. Since Bitcoin’s inception in 2009, the BTC price has only reached above … Continue reading Bitcoin’s Realized Price Hit a New All-Time High, Three Factors that Currently Influence BTC Price

Crypto Going Public in 2021—Three Crypto Giants Set to Take On Wall Street

With the effects of the COVID-19 pandemic economic meltdown further fueling the rise of Bitcoin and cryptocurrency as an investible asset class, three giants of the crypto industry have announced plans to go public in 2021 and take Wall Street by storm. The crypto industry is finally making the leap to mainstream investment on Wall … Continue reading Crypto Going Public in 2021—Three Crypto Giants Set to Take On Wall Street

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