The aim of developing blockchain technology is clear: to circumvent central authorities and the government. Today, however, the developers have found other applications for this disruptive technology, such as updating back-office processes. And no institution have shown interest in using the applications more than financial exchanges. Basically, stock trades happen in milliseconds with the aid … Continue reading “Global Stock Exchanges Find Interesting Uses for Blockchain”
Digital Asset
Fidelity Launches Digital Asset Firm Targeting Institutions
Investment firm, Fidelity is launching Fidelity Digital Asset Services. In fact, the new company will offer custody and trade execution for digital assets. All in an effort to target institutional investors like hedge funds and family offices. “Our goal is to make digitally-native assets, such as bitcoin, more accessible to investors,” said Abigail P. Johnson, … Continue reading “Fidelity Launches Digital Asset Firm Targeting Institutions”
TRON (TRX) Makes Dramatic Recovery After Announcing BITBOX Listing
It is no secret anymore that various altcoins got destroyed the last two days. Yet one of them managed a dramatic recovery today despite the brutal losses of yesterday. This is TRON, also called TRX. How did TRON manage to accomplish such a significant rally that showed a nearly 15% gain? They had a significant … Continue reading “TRON (TRX) Makes Dramatic Recovery After Announcing BITBOX Listing”
BTC Price Plunges In Crypto Market Flash Crash
The Bitcoin (BTC) price could crash to the mid $6,000 level. This is if it does not manage to recover its volume in the next day or two. CCN revealed that the BTC volume and that of all the cryptocurrencies have plunged significantly from only late July. The entire digital asset space is down an … Continue reading “BTC Price Plunges In Crypto Market Flash Crash”