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Ripple CTO Explains Why Banks Have Been Lagging Behind on XRP Adoption

Ripple CTO Explains Why Banks Have Been Lagging Behind on XRP Adoption

Ripple’s chief technical officer (CTO) David Schwartz explained why the company’s native XRP cryptocurrency has not been more readily adopted by banks.

ConsenSys Proposes Tokenization to Leverage Impure Public Goods

ConsenSys Proposes Tokenization to Leverage Impure Public Goods

People generally understand that human-made public goods—highways, airports, libraries—will incur some economic costs which must be recovered through some sort of fee, toll or charge. It is apparent, however, that the general public gives little thought to the actual policy decisions made in cost recovery schemes or the impact of cost recovery methodologies on the efficient allocation and utilization of these resources for the assets. ConsenSys proposes a tokenized model to better sustain and enhances public resources.

Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan

Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan

According to Kraken Exchange, a leading US-based crypto exchange, Bitcoin price could shoot through the roof to $350,000 USD by 2044 if millennials were to invest more than 5% of their inherited wealth into this digital asset.

US Crypto Exchange Kraken Predicts Bitcoin Price Crash in September

US Crypto Exchange Kraken Predicts Bitcoin Price Crash in September

US-based crypto exchange Kraken predicts the Bitcoin price will crash in September followed by a return to extreme volatility.

“2020 5th Global Asset Allocation Focus” will be held in Shanghai in August

“2020 5th Global Asset Allocation Focus” will be held in Shanghai in August

Global Asset Allocation Focus 2020 (hereinafter referred as GAAF2020), founded in 2016. With a four-year proven-track record, GAAF2020 will invite more than 500 participants from more than 10 countries, who are mainly senior executives from private banking, family office, independent wealth, asset management, funds, securities, trusts, insurance, futures, etc. GAAF2020 will invite 40+ speakers to share their insights on the theme of "Chinese Opportunities".

Bitcoin Less Risky than Cash or Gold says MicroStrategy CEO Michael Saylor

Bitcoin Less Risky than Cash or Gold says MicroStrategy CEO Michael Saylor

Michael Saylor, CEO of MicroStrategy says Bitcoin is less risky than gold and cash and said the firm would not hesitate to dump the BTC portfolio if they had to.

Billion-Dollar Firm MicroStrategy Invests $250 Million in Bitcoin as Part of New Capital Allocation Strategy

Billion-Dollar Firm MicroStrategy Invests $250 Million in Bitcoin as Part of New Capital Allocation Strategy

Publicly-traded billion-dollar software firm MicroStrategy announced its new capital allocation investment strategy — with a purchase of 21,454 Bitcoins. MicroStrategy is the largest independent publicly-traded business intelligence firm used by many of the Fortune Global 500 brands.

Blockchain Has "Much More to Offer," Says Lufax Head

Blockchain Has "Much More to Offer," Says Lufax Head

During CNBC’s East Tech West conference held in Guangzhou, China, Jun Lu, head of Lufax Technology Center, acknowledged that the optimal potential of blockchain was more exciting than what is offered by cryptocurrencies.

BlackRock Gets Exposure to Bitcoin Through MicroStrategy, Both Firms U-Turn on Shaming Crypto

BlackRock Gets Exposure to Bitcoin Through MicroStrategy, Both Firms U-Turn on Shaming Crypto

Investment giant BlackRock, the biggest stakeholder of MicroStrategy — has now indirect exposure to Bitcoin as the world’s largest intelligence company has recently purchased 21,454 Bitcoins.

Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold

Bitcoin is Better than Gold: Billionaire Alters Advice on Holding Less BTC Than Gold

Wall Street veteran and billionaire Michael Novogratz has made the statement that “Bitcoin is a better long-term bet than gold in his recent appearance on Bloomberg Television.

Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services

Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services

Japanese conglomerate Sony has announced a new successfully developed blockchain system, Mobility as a Service (MaaS) to provide people with data regarding optimal travel routes for using different types of transportation.

MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative

MDEC Mandates Malaysian Big Data and Blockchain Competency Centre Initiative

The Malaysia Digital Economy Corporation (MDEC) has given Multimedia University (MMU) the mandate of establishing the first national industry competency center on big data and blockchain.

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