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BCB Blockchain Collaborates with Philippine Government to Support Local Startups
BCB Blockchain, a Singapore-based technology firm agreed to join hands with the government of the Philippines to support the development of local startups through creating smart city projects and applications making use of their funds and blockchain protocol.
Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service
CEO of Coinbase Brian Armstrong sold his blockchain analytics software to US Secret Service, and addressed any worries investors might have concerning privacy issues.
Grayscale Investments Removes XRP from Its Fund and Rebalances Bitcoin, Ethereum, Litecoin, and BCH Assets
Grayscale Investments has joined other exchanges and funds in removing its support of Ripple’s XRP token.
SEC Reschedules Decision-Making on Bitcoin ETF Proposals
The Securities and Exchange Commission (SEC) in the United States once again delayed on deciding on the three Bitcoin exchange-traded fund (ETF) proposals according to the release of documents from the regulatory agency on Monday.
Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding
Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.
‘The SEC Has to Give its Decision: Yes or No’ to Bitcoin ETF Approval, says Bitwise
The Securities and Exchange Commission (SEC) previously set an Oct. 13 deadline for approving Bitwise Investments’ Bitcoin exchange-traded fund (ETF). With Bitcoin’s high volatility this year, its performance in 2019 remained bullish, although falling by over 20% in one week in September. Bitcoin reached its lowest level in July while hitting its high of over $11,000 in June 2019.
DeFi and Crypto Community Explode as Robinhood Halts GameStop (GME) Trades
Robinhood’s decision to stop the purchases of GameStop (GME) shares, along with AMC and Blackberry (BBE), has spurred outrage from the cryptocurrency community.
Ethereum Retests Support as ETH Whales Remain Patient While Altcoin Market Slumps
In the past 24 hours, the cryptocurrency market has faced a steep correction, with Bitcoin (BTC) losing over 3%, and Ethereum (ETH) dropping over 5%.
SEC Delays Decision on Overstock-Backed Security Token Exchange
The SEC has extended the timeline for its to disapprove or approve operations by the BSTX, a security token exchanged affiliated with Overstock’s blockchain arm tZERO.
Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support
The Flare Network has stated that it is not associated with Ripple, but believes XRP is a virtual currency and not a security despite the United States SEC alllegations.
Ethereum’s Price to Move Higher to Follow Bitcoin’s Bullish Uptrend as Support Levels Secured
Ethereum’s price has not been performing as well as Bitcoin’s price recently, as BTC has seen strong rallies in the past 48 hours.
The World Economic Forum Highlighted Blockchain and Digitization to Address COVID-19 Supply Chain Disruption
The World Economic Forum (WEF) published a report on the importance of blockchain in supply chain disruption amid the coronavirus pandemic. Although the report suggested that blockchain may not be able to support the damage caused by the impact of COVID-19 directly, it may help with supply chain visibility.