Italy’s Banks to Use Blockchain to Boost Settlements and Improve Transparency

Italy’s Banks to Use Blockchain to Boost Settlements and Improve Transparency

Italian banks will deploy blockchain technology to run reconciliations and improve transparency in transactions between banks. Italian banks will deploy blockchain technology to run reconciliations starting in March 2020, financial technology news outlet Finextra reported on June 18.The Italian Banking Association (ABI) has announced that Italy’s banks will integrate distributed ledger technology (DLT) into internal…

Crypto Analyst: Don’t Expect Altcoin Season Until New Bitcoin All-Time High

Since the start of 2019, crypto investors and traders have been watching and waiting for the promise of “alt season,” a period in which altcoins outperform Bitcoin significantly. There have been a few glimmers of an alt season starting, but Bitcoin’s parabolic rally has stopped it short in its tracks. A “real” alt season may…

Bitcoin Cash, EOS Lead Crypto Market Pullback as Libra Debut Splits Community

Crypto markets witnessed a broad pullback Tuesday, as bitcoin lurched toward $9,000 while bitcoin cash (BCH) and EOS fell by at least 4%. The reversal is the […] The post Bitcoin Cash, EOS Lead Crypto Market Pullback as Libra Debut Splits Community appeared first on Hacked: Hacking Finance. Source: https://hacked.com/wp-content/uploads/2017/08/cropped-hackedlogo-kopi-80x80.png / Author: Sam Bourgi

Bitmain Launches Low-Cost Special Edition Antminer S9

Bitmain Launches Low-Cost Special Edition Antminer S9

On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original S9. Also read: Report Insists ‘Bitcoin Was…

Latin America and Turkey Have the Most Cryptocurrency Users, Poll Shows

Latin America and Turkey Have the Most Cryptocurrency Users, Poll Shows

Cryptocurrency usage has been expanding globally and a new survey confirms that trend. The poll conducted by Statista shows that the citizens of troubled countries tend to exploit the benefits of decentralized digital money far more readily than the citizens of thriving nations. Also read: VPN Providers Defy Order to Connect to Russia’s Internet Censor…

Samsung SDS Tackles Blockchain Adoption Concerns With New Services

Samsung SDS Tackles Blockchain Adoption Concerns With New Services

Two new product implementations and a pilot scheme aim to resolve pain points the company unearthed. The IT subsidiary of South Korean tech giant Samsung is launching three new products aimed at addressing clients worries about blockchain, the company confirmed in a press release on June 18.Following what it describes as trouble implementing the technology,…

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