Category: Blockchain

COPA Sues Self-Declared Bitcoin Founder Craig Wright

Cryptocurrency Open Patent Alliance (COPA), an initiative created by Twitter CEO Jack Dorsey’s payment company Square, has moved to sue Craig Wright over the Bitcoin white paper. Craig Wright, an Australian programmer and the creator of hard fork Bitcoin SV and its underlying token BSV, made waves in the crypto community with his claim of

European Investment Bank to Harness Blockchain Technology for Bond Sale

The European Investment Bank (EIB) intends to deploy blockchain technology for the sale of bonds. The investment arm of the European Union (EU) seeks to streamline bond issuance using digital-ledger technology.  Boosting innovations in debt capital markets According to the announcement: “The European Union’s investment arm hired Goldman Sachs Group Inc., Banco Santander SA

Litecoin Hits Three-Year High as Litecoin ETP Launch Nears

ETC Group, headquartered in the UK, launched its third product, a Litecoin exchange-traded commodity known as “ETC Group Physical Litecoin ETC”. ETC Group announced on Monday that this Exchange-traded product (ETP) will be listed on the Deutsche Börse Xetra market in Frankfurt on April 14 and trade under the ticker “ELTC”. The new “ETC Group Physical

Bitcoin Hits New All-Time High Above $62,000

BTC has scaled a new height by surging past the $62k mark, a fate not seen in its twelve-year journey. Ever since Bitcoin (BTC) breached its old price record of $20,000 in December 2020, the leading cryptocurrency has continued to hit new milestones. Bitcoin is currently hovering around $62,636 at the time of writing, according

New York Stock Exchange to Release NFTs For Six Stocks

The New York Stock Exchange, the largest stock exchange in the world, has announced that it will issue NFTs for six stocks recently listed on its platform. The launch of the NFTs would commemorate the first trades of six publicly-listed companies (Coupang e-commerce company, Roblox online gaming company, DoorDash online food delivery company, Unity video

Uniswap Sets New All-Time High Ahead of Coinbase Public Listing

Uniswap (UNI) suffered considerable losses after touching a high of $36.80 on March 23 and consolidated around $30 for a long time before setting a new all-time of $38. However, Coinbase Global Inc.’s public debut this week has directed investors’ attention towards cryptocurrencies. BNB from Binance has risen by 1545.87% since the beginning of 2021.

HSBC Prohibits Clients from Trading Bitcoin-Backed MicroStrategy Stock

HSBC has ramped up its anti-crypto policy, restricting its clients from trading MicroStrategy stock as the banking institution deems it to be “a virtual currency product.” Although HSBC traders will be allowed to hold and sell their MicroStrategy shares, they will not be able to buy or trade new MicroStrategy stocks on HSBC’s investment platform,

MicroStrategy Announces Plans to Pay Its Board of Directors in Bitcoin

MicroStrategy business software intelligence company has announced its intentions to begin paying some of its Board directors with Bitcoin. The Nasdaq-listed firm made its 8-K filing with the US Securities and Exchange Commission (SEC) yesterday and stated that starting from April 11 onwards, its non-employee directors on its board will get all payments for their service

Bitcoin Poised to Set a New All-Time High, says Market Analyst

Over the weekend, Bitcoin (BTC) breached the $61K mark once again as its renewed upsurge has driven the overall crypto market capitalization above $2 trillion. The leading cryptocurrency has, however, retracted to the $60,704 level at the time of writing, according to CoinMarketCap.  Market analyst Michael van de Poppe believes that Bitcoin looks eager for