SC Ventures, the innovation and ventures unit of Standard Chartered plans to launch an institutional-grade cryptocurrency custody solution. Source: Press release in BusinessWire. The joint venture named Zodia combines the traditional custody principles and expertise of a bank to provide an infrastructure that meets the high standards and expectations of...
As reported by the local news outlet Runrun.es, the government of Venezuela is paying companies from allied countries, such as Iran or Turkey with Bitcoin to mitigate the effects of United States sanctions on its economy. The economy of Venezuela has been in a state of total economic collapse. This has been largely...
When a trader looks at the BTC price chart or any other crypto asset, it may appear to be completely random movements. This is often true, yet, within those price movements are patterns. Chart patterns are geometric shapes found in the price data that can help a trader understand the price action, as well...
If you are new to crypto, you must be wondering about what are public and private keys. Bitcoin, as well as all other major cryptocurrencies, is built upon public-key cryptography, a cryptographic system that uses pairs of keys: public keys and private keys to authenticate transactions on the blockchain – send...
Anywhere from the medical industry to forward-thinking eCommerce businesses, the blockchain is gaining a foothold in our everyday lives, and showing no signs of slowing down. As it continues to extreme utilization conditions, there is a significant amount of uncertainty about how it can be most effectively utilized. The utilization...
Introduction Blockchain technology is studied in various sectors to save costs and bring high security to business operations. Its use for transparent and secure record-keeping replaces the need for third parties to govern transactions. Today blockchain use has extended from P2P payment to supply chain, IoT, and now it’s popularly...
With the emergence of a new computing paradigm, there is a significant amount of uncertainty on how it can be most effectively utilized. Blockchain is no different. It is important to acknowledge that during the early phases of the technology’s introduction, the universe of possibilities is not completely familiar. As...
The future of any technology is commonly associated with the one that could alter life as we know it. Blockchain is one such case that is the center of attention these days and many corporations have come forward to embrace this “disruptive” technology. However, when it comes to design, it’s...
The rise of volume in decentralized exchange (DEX) continues in the month of September. Month-to-date, DEXs are experiencing a record-breaking number, reporting a trading volume of over $17 billion. It has already surpassed the volumes seen in August, which was $11.6 billion – over 45% growth month-to-date according to data...
The importance of asset management firms is increasingly recognized in the world financial system. Despite the last few years of difficult markets and changing regulations, the asset management business is the most profitable with the highest returns on capital. Their profit margins are consistently higher than in most other sectors....
