Cryptocurrency

The IOTA Foundation, the non-profit organization behind IOTA, IOTA Tangle and MIOTA, announced they will be joining Austria’s newest Christian Doppler Laboratory, or CDL, as an industrial partner. The first of its kind, the laboratory is housed at the Vienna University of Technology and named the CDL Blockchain Technologies for the Internet of Things, or CDL-BOT.
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Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind BTC’s sudden re-test of its all-time highs. “The primary reason for the steady grind up in Bitcon has been the increased interest and aggressive buying activity from institutions,” said Nick Cote of gamified trading platform Hxro Labs. “A
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Some of the biggest names in DeFi, including Framework Ventures and Alameda Research, are backing the expansion of decentralized asset management protocol dHEDGE. The investors and the protocol’s decentralized autonomous organization (DAO) will collectively invest $1.15 million into an initial cohort of 33 fund managers operating on the platform. dHEDGE is a non-custodial social trading
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While 2020 will go down as one of the toughest the world has faced collectively in many years, the success of the decentralized finance sector stands out as a major milestone for the cryptocurrency community. Amid the ongoing COVID-19 pandemic, economies have shuddered, and governments and financial institutions have had to introduce drastic monetary policies
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Bitcoin’s (BTC) current rally has largely been led by investments from institutional investors and public listed companies. Data from Bitcointreasuries shows that companies hold about 4.54% of the current Bitcoin supply. A survey of 700 high-net-worth individuals chosen from across the globe shows that about 73% of respondents either own or want to own cryptocurrencies
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The U.S. Securities and Exchange Commission has requested a default judgment against three companies and four individuals associated with the allegedly fraudulent art and gold-backed cryptocurrency Meta 1 Coin. The SEC filed its Nov. 18 motion for a default judgment after the defendants failed to appear to put their case, despite having corresponded with both
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Celo has awarded a grant to staking service provider Chorus One to build a bridge facilitating interoperability between the Cosmos and Celo networks. The proof-based bridge will allow “bidirectional communication’ between Celo and Cosmos, allowing Celo’s cUSD stablecoin to operate on the Cosmos network, and Cosmos-based assets including ATOM, BAND, and KAVA to be held
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