Banking / 4:39 pm

Singapore’s Central Bank, SGX Develop Blockchain Settlement System

The Monetary Authority of Singapore (MAS) and the country’s stock exchange, Singapore Exchange (SGX), have developed a settlement system for tokenized assets that can work across different blockchains. Announced by the nation’s Ministry of Communications and Information in a press release on Sunday, the newly completed delivery versus payment (DvP) system utilizes smart contracts to […]

Accenture / 2:30 pm

Accenture Puts Software License Management on a Blockchain Platform

Global professional services giant Accenture has rolled out a new software license management application built with tech from distributed ledger startup Digital Asset. Accenture announced in a press release Monday that the blockchain-based application uses Digital Asset’s smart contract language, DAML, and is aimed to simplify how its software licenses are tracked. An Accenture representative […]

Bitcoin / 12:28 pm

Bitcoin Teases Bull Move After Defense of Key Price Support

Bitcoin could be in for a recovery rally, having defended a key support level over the weekend. Looking back, the leading cryptocurrency suffered an ascending channel breakdown on Nov. 7, signaling a temporary top has been made at $6,540. On the following day, the moving average studies rolled over in favor of the bears, bolstering the […]

Analysis / 11:26 am

NEM [XEM] rises by 12% after Coincheck resumes services

NEM [XEM], the seventeenth-largest cryptocurrency based on market cap, shot up by more than 12.55% in the past 24 hours. The coin rose in the market despite most of the coins staying in the bear’s kingdom. According to CoinMarketCap, the coin was trading at $0.107 with a market cap of $965 million. The coin has […]

Airdrops / 10:24 am

Crypto Token Airdrops Are a Marketing Ploy (and That’s OK)

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. In February 2014, when growing interest in bitcoin spawned the first wave of “altcoins,” the […]

Analysis / 8:22 am

Bulls are ready for an uphill run

Ethereum [ETH] seems to be doing well even though the bears took over the market from the bulls. At press time, Ethereum was trading at $209.07, with a market cap of $21.75 billion and a 24-hour trade volume of $1.48 billion. 1-hour Source: Trading View The one-hour chart for Ethereum is spontaneous, with a lot […]

Altcoins / 7:17 am

Stellar’s XLM gets a stellar boost of 5% ahead of Coinbase listing

Stellar Lumens [XLM] has finally seen a boost of over 5% due to speculations ahead of Coinbase listing. Unlike other cryptocurrencies, Stellar Lumens [XLM] has been affected by massive volatility in the forever-lasting bear market. The prices of XLM were going haywire during press time, with the 24-hour change going up to 5% and falling […]

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