Itaú Unibanco and Standard Chartered Launch Latin America’s First Blockchain Platform for Loans
Brazil’s Itaú Unibanco Holding bank and Standard Chartered have successfully concluded the development and testing of Latin America’s first blockchain-based proof of concept for loans, ZDNet reported on December 11, 2018. Latin America Gets Its First Blockchain-Based...
Stablecoins Experience a Major Increase in On-Chain Transactions Despite Bear Market
Stablecoins have experienced a meteoric rise in popularity during the second half of 2018, with currencies such as TrueUSD, USDC, Paxos, and GUSD experiencing a 1032 percent increase in on-chain transactions took place in November vs. September 2018, Diar reported on...
1.3 Million Bitmain S9 Bitcoin Miners Go Offline as Crypto Price Crash Continues
The total hash rate of the Bitcoin network has fallen by 31 percent since November, representing around 1.3 million Bitmain S9 miners that have been turned off as they struggled to stay profitable in the bear market, BitMex revealed in a report on December 10, 2018....
Canadian Crypto Exchange Coinsquare BuyCoin squares BlockEQ Wallet for $9 Million
Coinsquare, one of the leading cryptocurrency exchanges in Canada, has acquired BlockEQ, Stellar’s non-custodial crypto wallet, in a bid to expand its offerings beyond just digital asset trading, the company announced in a press release on December 6, 2018. “Coinbase...
