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Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year


The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...

New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund


The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning. Bitcoin Index Fund Filed With SEC The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a...

What’s New In DevTools (Chrome 86)


It wasn’t that long ago that Umar Hansa published a look at the most interesting new features in Chrome DevTools released in 2020. In fact, it was just earlier this month! But in that short amount of time, Chrome has a few new tricks up its sleeve. One of the features Umar covered was...

China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report


The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s...

Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations


There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule....

Capital One Files Patent for Cryptocurrency Market AI Prediction System


Major U.S. financial services company Capital One has filed a new patent application for a cryptocurrency analysis and trading system that will attempt to predict crypto market trends and generate trading decisions using artificial intelligence (AI). Capital One’s Cryptocurrency AI System...

US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT


The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed...

Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2


Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of this year. That figure compares with sales of $1.75 million posted the previous quarter, according to an earnings release published August 3. Ripple said...

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