Ether price drops 26% since ETF launch as supply increases by 60,500 ETH
The US Ether ETFs generated over $420 million worth of selling pressure for the world’s second-largest cryptocurrency.
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Ethereum Cofounder Joseph Lubin Doubts Tether Bitcoin Price Manipulation
Ethereum cofounder Joseph Lubin said on Yahoo Finance’s Final Round August 28, that he doubts manipulation accusations against stablecoin Tether (USDT). Founded in 2014, Tether was “the first” blockchain-powered platform that allows for the tokenization of fiat-backed cryptocurrencies. In June, after the publication of a study conducted by analysts from the University of Texas, USDT…

Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims
The CEO of a cryptocurrency firm has suggested that the recent rise in bitcoin’s (BTC) price could be linked to the trade war between China and the United States, Fortune reported on May 20.In an interview, Digital Currency Group founder Barry Silbert noted how BTC’s acceleration coincided with talks breaking down between Beijing and Washington.The crypto advocate said bitcoin is…

China’s Zhejiang Processes $6M via DLT Medical Billing Platform
China’s Zhejiang province has processed nearly $6 million via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese publication QNSB reports on Nov. 18. Successfully piloted in 2018, the blockchain-enabled platform allows citizens to make doctor’s appointments, get prescriptions as well as pay, record and store their medical bills online.At a local blockchain…

You can now buy gold-backed NFTs with the mining carbon footprint offset
Wallet provider Lohko has launched gold-backed NFTs offering carbon offsets. 2208 Total views 4 Total shares Digital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached.According to a May 26 announcement the tokens represent ownership over…

BBVA Leads Blockchain-Based Syndicated Loan of $150 Million with BNP Paribas and MUFG
Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has carried out a blockchain-based syndicated loan of $150 million, U.K.-based global financial news agency Finextra reports Wednesday, Nov. 7.The syndicated bank transaction has been conducted on a private blockchain network through a group of three funding banks including French banking group BNP Paribas, Japan’s bank…

SEC chair doubles down on crypto stance under threat of Trump ousting
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs.

Bitcoin price may surge as fear and uncertainty strain global markets
The global economy doesn’t seem to be in a good place right now, especially with countries such as the United Kingdom, France and Spain imposing fresh, new restrictions across their borders, thereby making the future financial prospects of many local business owners even bleaker.As far as the crypto economy goes, on Sept. 21, Bitcoin (BTC)…

How to mitigate the security risks associated with crypto payments
Due to its decentralized and distributed structure, blockchain technology is intended to be secure and resistant to attacks. However, it is not completely immune to attacks, and many different types of blockchain attacks have been identified, including 51% attacks, double-spend attacks, sybil attacks and DDoS attacks. A 51% attack is one of the most frequent…