IMF Chief Lagarde Calls for ‘Exploration’ of State-Backed Digital Currencies
Christine Lagarde, head of the IMF, encouraged the exploration of central bank digital currencies in a speech on Wednesday. …
Bank of America Patent Details How Enterprises Could Store Crypto
A Bank of America patent awarded Tuesday describes how an enterprise-level institution may store cryptocurrencies for customers. …
Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute
A Canadian judge ruled that CIBC, which froze some $26 million CAD claimed by QuadrigaCX, must transfer the funds under dispute to the court. …
Traders Now Betting 2-to-1 Bitcoin Cash Fork Will Cause Price Decline
New data is offering insight into how crypto traders are pricing in a coming technical update to bitcoin cash, one that could cause the world’s fourth…
Bitcoin Cash’s ‘Hash War’ Solidifies as Network Hard Fork Approaches
Over the past 24 hours, Bitcoin cash mining pools supporting Craig Wright’s Bitcoin SV have consolidated even more of the relative amount of hash power. …
GMO Reports $5.6 Million Q3 Loss on Crypto Mining Business
Japanese IT giant GMO has reported a loss from crypto mining in Q3, but there was more positive news for its exchange business. …
Check Your Fire Insurance Coverage. It’s Probably Not What It Used To Be.
Most home insurance policies cover fire, but it’s not always enough.
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Shell, BP Back Blockchain Platform to Modernize Commodities Trading
Oil giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry. …
Bitcoin Back on the Defensive After Price Hits Two-Week Low
Bitcoin’s price dropped to two-week lows earlier today and could extend the decline to key support near $6,100. …
What Fork? Asian Traders Are Buying Bitcoin Cash
While bitcoin cash is seeing an internal war ahead of Thursday’s hard fork, traders in Asia are betting that the upgrade will result in “free money.”…
Australia’s CSIRO, CommBank Complete ‘Smart Money’ Blockchain Trial
Australia’s federal science agency CSIRO and CommBank have trialed a blockchain payments prototype they say could save “hundreds of millions” a year. …
Bitmain Sues Alleged Bitcoin Thief in US Federal Court
Bitmain has filed a lawsuit against an anonymous thief in a US federal court, who allegedly stoled 617 bitcoin from the crypto mining giant. …
Michigan Secretary of State Nixes Crypto for Political Donations
A letter from the Michigan Secretary of State’s office states that cryptocurrencies cannot be used for political donations. …
Combined Class-Action Lawsuit Against Ripple Moves to Federal Court
Is XRP a security? The question is now sitting before the U.S. District Court in San Francisco. …