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Market Mostly Trades Sideways as Bitcoin Price Hovers Around $7,300

Bitcoin price hovers around the $7,300 mark as the cryptocurrency markets remain sluggish. Tuesday Dec. 3 — Most cryptocurrencies continue trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past few days.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day at $7,344,...

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South Korean Startup Claims to Have Solved Blockchain’s Speed Problem

South Korean startup claims to have developed a new technology that could reduce blockchain transaction times to fractions of a second. The South Korean-based firm Bloom Technology announced that they have created a new technology that is able to speed up transactions on the blockchain.On Dec. 3, United Press International...

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Study: Blockchain to Save $450B in Supply Chain Costs in Western Europe

A new study from Cointelegraph Consulting and Insolar highlights potential massive savings to be had through enterprise blockchain adoption. The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs.According to a new study from Cointelegraph Consulting and Swiss enterprise blockchain firm...

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Report: Android Vulnerability Allows Hackers to Steal Crypto Wallet Info

Security researchers have uncovered a vulnerability that could allow hackers to access private data on any Android phone, including login credentials to crypto wallets. Promon security researchers have uncovered a vulnerability that could allow cybercriminals to access private data on any Android phone.500 most popular apps are at riskOn Dec....

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Launches Consulting Division to Drive Enterprise Blockchain Adoption, Partners With Insolar and VeChain

Cointelegraph launches its consulting division to drive enterprise blockchain adoption, partnering with Insolar and VeChain to grow network reach and educate the general public on the value of blockchain for business. Cointelegraph, the leading publication for blockchain and cryptocurrency news, has announced the launch of its Cointelegraph Consulting division. The...

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Key Indicator Shows Ripple (XRP) Price Could be on the Verge of a Rally

Ripple (XRP) charts suggest that there may be early signs of a price reversal after a year-long downtrend. The majority of the Ripple (XRP) holders were waiting for the yearly Swell conference to bring some excitement to XRP price. However, the price didn’t move at all and now Ripple is...

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SoFi Obtains BitLicense to Offer Crypto Trading Services in New York

California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services. California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services (NYDFS), the regulator said in a statement on Dec. 3.SoFi is now one of 24 crypto-related...

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Binance Cryptocurrency Exchange Adds Support for Tezos Staking

Major cryptocurrency exchange Binance has announced staking rewards for Tezos starting Dec. 4. Binance — the second-largest crypto exchange by daily trade volume — has announced support for Tezos (XTZ) staking, according to an announcement published on Dec. 3.Starting on Dec. 4, Binance’s users will be able to trade with...

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Data Shows Crypto Exchange Volume May Not Equate to Website Traffic

Data from Amazon’s Alexa analytics website shows high volume on crypto exchanges does not necessarily mean a high traffic and engagement ranking. As a young industry, the cryptocurrency space has been like a revolving door, seeing numerous companies, projects and assets come and go with the wind. Crypto exchanges, in...

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Danish Court Upholds Nordea Bank Ban on Employees Owning Bitcoin

A Danish court has ruled that the country’s major bank Nordea can bar its employees from owning Bitcoin and other digital currencies. A Danish court has ruled that Scandinavian financial services giant Nordea can bar its employees from owning Bitcoin (BTC) and other digital currencies.As BNN Bloomberg reported on Dec....

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