Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. startup SETL provided, of around...
Cardano founder Charles Hoskinson says there could be a surge in DeFi usage in Africa, a report from CoinTelgraph says. Hoskinson said he thought around 100 million users would join the Decentralized Finance sector within the next three years. “Who’s actually going to do peer-to-peer...
Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system that uses token-based digital assets. Whether it’s crypto, cash, gold, diamonds, stocks or even cows,...
Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. 7), citing data from CoinDesk and CoinMarketCap. At about 2:42 p.m. Singapore time, bitcoin was up 5 percent over the day before....
Just days after hitting a new record high of over $34,000, bitcoin rapidly swooped below $30,000 briefly on Monday (Jan. 4). CNBC reported that bitcoin fell to $29,315 early Monday morning, a 12 percent drop from Sunday. As of 7:12 pm ET, the cryptocurrency had...
Bitcoin rose above $34,000 on Sunday (Jan. 3), after crossing the $30,000 milestone for the first time ever the day before. It hit $34,544.94 Sunday morning, CoinDesk reported, before declining slightly, sitting at $32,854.16 as of 7:09 pm ET. The “digital gold” saw gains of...
A lawsuit filed against blockchain money transfer platform Ripple by the U.S. Securities and Exchange Commission (SEC) has prompted Coinbase to suspend all XRP trading. Paul Grewal, chief legal officer of the cryptocurrency trading platform Coinbase, said in a press release that trade limits went...
The price of bitcoin has passed $28,000 on Sunday (Dec. 27) just hours after also passing $27,000 for the first time, according to the NASDAQ. In a continuing showing of the strength of the cryptocurrency, bitcoin is now valued at $500,000, according to the report....
The Italian Banking Association (ABI) is running experiments for a digital euro, CoinDesk reported. The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk. The digital...
