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Figure Technologies releases fund services offerings on blockchain

They aim to make investing faster.  Figure Technologies launched its new digital fund services products for investment firms on a blockchain, the company said in a statement.The San Francisco-based financial technology firm used the Provenance blockchain and aims to use the technology to automate much of the paper-based processes in...

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Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)

Bitcoin price still faces resistance at $11K as traders turn their attention to DeFi-tokens like Uniswap (UNI). As the weekend begins, Bitcoin (BTC) price continues to fluctuate between the $10,800-$11,000 range. Cryptocurrency daily market performance snapshot. Source: Coin360Some analysts would say the digital asset has lost momentum but a quick glance...

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New Bitcoin bull run? Whales and institutions accumulating, data shows

Data shows whales are not selling large amounts of Bitcoin at the current BTC price and institutions are accumulating BTC. As the price of Bitcoin (BTC) breaks past $11,100 on Sep. 19, whale activities and Bakkt’s all-time high volume suggests strengthening momentum.The 4-hour price chart of Bitcoin. Source: TradingView.comAccording to...

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Record $1B in tokenized Bitcoin shows BTC holders want a slice of DeFi

Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens. After failing to hold the $11K mark and exposing what some analysts have described as a general apathy to trade BTC at these levels, Bitcoin (BTC) price is...

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Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is

Is Busan a "blockchain city" in name only? A recent report from the Busan Research Institute has revealed a peculiar trend: 62% of firms in the blockchain sandbox city of Busan, South Korea apparently do not know anything about the technology.Since last year, Busan has been considered a "regulation-free" zone...

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Abkhazia government blames illegal crypto mining for energy crisis

It is already illegal to mine crypto within the de facto state. Abkhazia, a de facto state in the South Caucasus, continues to face an energy crisis. The head of the region’s national energy provider recently blamed increased crypto mining activity for the problems.According to Jam News, the government’s year-old...

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Consulting: ERC-20 token’s market cap overtakes Ethereum’s

Can the price of ERC-20 tokens grow while Ethereum stagnates? The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’. Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between...

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MicroStrategy CEO says ‘Bitcoin scales just fine as store of value’

Arguably the biggest Bitcoin adoption move of 2020 turned 78,338 off-chain transactions into just 18 on-chain ones, with MicroStrategy praising scalability. Bitcoin (BTC) as a store of value “scales just fine,” the CEO of the company that just purchased 38,250 BTC has said.In a tweet on Sep. 17, Michael Saylor...

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Nvidia doesn’t want to give up its 2017 ‘crypto craze’ docs

Nvidia is trying not to hand over internal documents to plaintiffs who allege that the GPU manufacturer misrepresented its financials during the 2017 bull run. The legal representatives of technology company Nvidia have argued that its investors are not entitled to access its internal records about the “crypto craze” of...

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