Bitcoin has fallen to its lowest level in about a month, after climbing to a high of nearly $10,000 in early May, Coindesk reported. The popular cryptocurrency reached $7,925 on Bitfinex on Friday (May 18), which marks its lowest level since April 18. Since reaching...
A French finance minister has thrown his “total and determined support” behind crypto, Finance Magnates reported. Minister of Economy and Finance Bruno Le Maire expressed his support for digital currencies at an event with entrepreneurs in France. “I was a neophyte a year ago, but...
Monaco has rolled out its Monaco Wallet App to its cryptocurrency platform, the company said in an announcement. The app allows users to exchange digital currencies, such as bitcoin, Ether and Binance. In addition, users can purchase or deposit MCO tokens in order to start...
At least one thing is clear about Facebook’s new interest in blockchain: It will help the social media giant keep up with the Joneses. No one outside Facebook has yet cracked why the company is creating a blockchain unit and putting David Marcus, one of...
It’s mobile data (emphasis on the mobile) — as in data, wrought by and transferred across vehicles. All manner of data — from weather to payments, from cell towers to street lights — uses technology to measure whether other technologies are functioning as they should....
A Russian bank has become a backer of Venezuela’s “petro” cryptocurrency, RT reported. Evrofinance Mosnarbank is the first international backer after the U.S. warned investors about the risks associated with the digital currency. After registering with the Venezeulan government and downloading the software for the...
Circle has announced a new partnership with Bitmain, which is also leading a $110 million Series E equity investment in the FinTech company. In addition, Circle revealed that tokenized U.S. dollar coins — Circle USDC (USD Coin) — supported by the CENTRE open source framework...
Ripple is rolling out an initiative dubbed Xpring to help expand the use of its XRP digital currency, TechCrunch reported. Through a combination of grants, investment and incubation, Ripple hopes to encourage startups to build an ecosystem around XRP. “The goal is to support businesses...
Bitcoin — among other cryptocurrencies — took a fall on Friday (May 11) and hit a three-week low as news surfaced that authorities raided South Korea’s largest crypto-exchange, CNBC reported. UPbit wrote on its website, according to a Google translation, that it “is currently under investigation by prosecution,...
