Binance analysis: Bitcoin strengthens as DeFi fades – but great potential for Ethereum 2.0

Bitcoin had its strongest month since April as a surge in Ethereum followed an announcement on its ETH 2.0 upgrade - but the DeFi party 'ends abruptly.'

Those are the key takeaways from Binance's October trading report - the first of which was at the start of this year - which looks to assess the key information and data on trading activity across crypto-futures markets.

In October, Binance noted, Bitcoin gained more than 27%, crossing above the $14,000 mark for the...

AP News publishes US presidential election results on blockchain for first time

As votes continue to be counted for the US presidential election - and some parties fear voting fraud - the Associated Press (AP) news agency has been publishing the results on blockchain for the first time.

The publisher is distributing race calls to Wiki-based online encyclopedia Everipedia, which has been using the EOS blockchain to generate edits and store information. Everipedia also looks to use an incentive system by providing editors with cryptocurrency.

In a...

Bitpanda secures $52 million series A funding for further European expansion

Bitpanda, a financial marketplace for digital and blockchain-based assets, has secured $52 million (£40.1m) in series A funding to help scale and build its presence in new European markets.

The Austria-based platform provider, which offers brokerage for Bitcoin, Ethereum and Litecoin among others, has expanded to France, Spain and Turkey in 2020, looking further afield for this year and next. The company claims to be doubling revenue annually, with more than 1.3 million...

Software AG gives blockchain a mixed rating in enterprise emerging technology assessment

Blockchain should still be in the 'assess' phase for enterprises with many parts of the technology 'considerably overhyped', according to Software AG.

The German enterprise software firm, in its most recent Technology Radar for IoT and Integration, explored 23 emerging technologies, around connectivity and protocols, information management, analytics and serving, and programming, hosting and operating.

Of the 23, nine were either in or bordering the 'adopt' phase,...

ConsenSys to acquire Quorum from JP Morgan in big enterprise blockchain move

ConsenSys is to acquire Quorum, the JP Morgan-developed Ethereum variant, in what promises to be a major development in the enterprise blockchain space.

The deal will see ConsenSys merge its existing engineering roadmap with Quorum, with the latter remaining open source and becoming interoperable with other ConsenSys products, such as Codefi's finance and commerce application suite.

The two companies have been long-standing members of the Enterprise Ethereum Alliance...

European startups ready to capitalise on enterprise blockchain opportunity, says new report

The European blockchain startup market is catching up to its North American equivalent, with startups surveyed looking to raise €350 million (£314.9m) in the next 18 months, according to a new report.

The study, from Anglo-French venture capital firm LeadBlock Partners, aims to put a positive spin on the industry illustrated with more than 20 interviews and more than 9,000 datapoints.

A foreword from LeadBlock management Jean-Marc Puel, David Chreng-Messembourg and...

W3BCLOUD secures $20.5 million funding for blockchain data centres

W3BCLOUD has announced the closure of a $20.5 million funding round to build blockchain-enabled data centres.

The company, which is a joint venture between ConsenSys and processing giant AMD (Advanced Micro Devices), secured the funding from both companies, with the aim to 'ramp and operate its first Ethereum blockchain data centres.'

Blockchain technologies and their application in the data centre have been closely followed by industry watchers. "One obvious impact of...

UNICEF’s Cryptocurrency Fund pings ETH to educational emerging economy startups

The UNICEF Cryptocurrency Fund has announced its latest graduates for funding, with a focus on technology providers in developing and emerging economies.

The fund will invest 125 ETH - around $30,000 USD - in eight companies, part of a wider group of 40 startups which have graduated from UNICEF's innovation fund: Afinidata, Avyantra, Cireha, Ideasis, OS City, StaTwig, Somleng, and Utopic.

Afinidata, based in Guatemala, has an AI-based app which provides parents with...

Nervos looking to attract dapp developers with CKLabs funding project

Nervos has launched CKLabs, a project which is putting up $100,000 for teams looking to build a killer decentrealised application on its platform.

As announced in a blog post published by the company, Nervos, a competitor of Ethereum, is launching CKLabs as 'the next phase' of the network, expanding its utility with dapps and more sophisticated solutions.

"Nervos was designed to be a sustainable network capable of supporting a growing digital economy," the company wrote....

EY, ConsenSys and Microsoft team up for Baseline enterprise Ethereum project

Ernst & Young (EY), ConsenSys and Microsoft are coming together to form a protocol which aims to make Ethereum ‘safe and effective’ for enterprise usage.

Making blockchain technologies enterprise-friendly has long been a goal of the industry; the key part being increasing the transaction speed to deal with complex organisational goals. The efforts of the Enterprise Ethereum Alliance (EEA) and Foundation aside, Ethereum has so far struggled on this front, although...