Day: July 11, 2018

Ripple Adds Former Facebook Exec as New Senior VP of Business and Corporate Development

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Ripple, the company behind the third largest cryptocurrency by market cap, has recently employed Kahina Van Dyke as the new senior vice president of business and corporate development, according an official statement July 11. At the new position Van Dyke will be responsible for providing Ripple with strategic partnerships for international financial services, focusing on the development of “a new global technology solution for international payments.” Van Dyke has joined Ripple to “[eliminate] the friction in cross-border payments” by “establishing partnerships and applying technology to change an industry,” she said…

Cryptocurrency 101: Beginner Blockchain eLearning Course

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Devslopes is pleased to offer their “Beginner Blockchain & Architecture” eLearning Course to the CNN community. The course is embedded below for your enjoyment and education. The team at Devslopes is a top educator in the developer elearning space. They have been a top Udemy.com instructor for the last 3 years with over 300,000 students. Devslopes has identified a material shortage of blockchain developer training resources currently available in the marketplace and is filling this void. There are currently 1,900 global job postings on Indeed for blockchain related positions. And…

Riyadh Municipality Partners with IBM to Develop Blockchain for Government Services

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Riyadh Municipality, Saudi Arabia, has partnered with IBM to jointly develop a strategy to streamline government services and transactions on а blockchain, news outlet ITP.net reported July 11. The move was made in accordance with an authoritative decision of the Government of Saudi Arabia to work on improving the quality of municipal services for customers and integrate leading technologies into services as part of the Saudi Vision 2030 program. The Saudi Vision 2030 program is an agenda for economic development and the diversification of the Saudi economy away from oil,…

New Stablecoin Backed by the Euro, EURS

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A Malta-based company Stasis has launched a new stablecoin called EURS. EURS is backed by the Euro and should trade on a one-for-one basis. The coin has been built on the Ethereum EIP-20 standard platform and has already begun trading on London-based exchange DSX already. DSX predict the order volume to reach $500 million USD by year-end. Stablecoins: EURS and Tether Anyone familiar with Tether may scratch their beard dubiously at the EURS coin. But why? Firstly, it is important to know that a stablecoin is the name given to a coin…

Crypto Markets Slightly Down, EOS Sees Some of Biggest Losses

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Wednesday, July 11: crypto markets are experiencing a slight decline with the total market cap down just $2 billion from the same time yesterday. Market visualization from Coin360 Bitcoin (BTC) is fluctuating between $6,300 and $6,400 price points today. At press time, the cryptocurrency is trading at around $6,330, down 0.8 percent over the 24 hour period. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is down 0.75 percent on the day, trading at $434 at press time. Ethereum price chart. Source: Cointelegraph Ethereum Price Index Total market…

Bitcoin Price Spikes to Nearly $9,000 on WEX Crypto Exchange

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For a cryptocurrency exchange that has seen its bitcoin price trade at a market premium since launch, the spike to nearly $9,000 on the WEX exchange on Wednesday was an outlier. Some background: in July of last year, U.S. and international law enforcement took aim at BTC-e, the long-running – and long-mysterious – cryptocurrency exchange. In a dramatic turn, a Russian national and one of BTC-e’s suspected employees was arrested and charged with laundering billions of dollars while American regulators moved to slap the exchange with a massive $110 million…

Banco Santander Plans to Explore Blockchain’s Potential in Securities Trade

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Spain-based Banco Santander has announced the creation of a blockchain research team to look into the technology’s potential to change securities trading, according to a July 11 press release. The “Digital Investment Banking” team, headed by current leader of Santander’s blockchain lab John Whelan, will “explor[e] the use of tokenized securities in debt capital markets, derivatives and other products.” The global bank has followed its own route to blockchain integration since dropping out of distributed ledger tech (DLT) consortiums R3’s beleaguered DLT project in 2016. José M. Linares, Santander’s senior…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 11

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. During a bottoming process, prices swing up and down inside a range. This builds up the internal energy needed to break out or break down from it. Bart Smith, head of digital asset at Susquehanna International Group, said to CNBC that a lot…

HTC Exodus Phone to Support Crypto Wallet, CryptoKitties, Instead of Native Blockchain

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Electronics giant HTC will not be releasing a smartphone with a native blockchain network for crypto trading between users as previously announced, The Verge reported July 10. Instead, the company will introduce a smartphone containing a cryptocurrency wallet and CryptoKitties, the Ethereum-based decentralized application (DApp) game. On May 15, the Taiwan-based electronics firm had first unveiled its blockchain smartphone project, the HTC Exodus, that would reportedly include support for both the Bitcoin (BTC) and Ethereum (ETH) networks. The Verge wrote in May that the company planned on creating a product…

‘We’re Moving Towards a World of Decentralized Governance’

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Leading crypto industry figures weighed in on the major implications of cryptocurrencies for – and beyond – the global economy, at the Rise conference in Hong Kong Wednesday, July 11. The panel’s participants were the Ethereum Foundation’s co-founder Joseph Lubin, CEO of crypto merchant bank Galaxy Digital Mike Novgoratz, Crypto.com CEO Kris Marszalek, Tenx’s Julian Hosp, and Wall Street Journal columnist Jacky Wong. First tackling the popular question of whether crypto can replace fiat, Mike Novogratz argued against the idea, saying that neither Bitcoin (BTC) nor Ethereum (ETH) are positioned…