Huobi has engaged in regulatory conformity of another sort by fulfilling its obligation to set up a Communist Party chapter. The company behind major cryptocurrency exchange Huobi has created a Communist Party branch as part of its obligations to the Chinese state, the company’s U.S.-based subsidiary Huobi Info confirmed Nov. 16. Singapore-based Huobi, which was […]
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Russia’s non-profit copyright society plans to launch a blockchain-powered platform for managing intellectual property-secured loans. Major NGO the Russian Authors’ Society (RAO) will launch a blockchain-based financial platform for intellectual property-secured loans, according to Russian news outlet TASS Nov. 16. RAO’s CEO Alexander Sukhotin revealed that the project, dubbed CoFi, is at its final stages […]
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sponsored A blockchain network is gearing for an imminent, non-contentious hard fork – delivering flexible transaction fees and an enhanced plugin system for users. A blockchain network is preparing for the imminent hard fork to the second version of its core system on 28 Nov – with users set to benefit from flexible transaction fees […]
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BitForex has listed MILE on their exchange. It’s a deflationary cryptocurrency tied to a new stablecoin, XDR. MILE carries a 0.01 MILE transaction fee, while XDR transactions are free. While the market for stablecoins is already crowded, George Goognin, a board member and global ambassador for the Mile Unity Foundation believes that this coin pairing […]
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One of the world’s biggest auditors has put a newly bullish case for cryptocurrency’s ascent to a “full-fledged asset class.” Netherlands-based ‘Big Four’ auditor KPMG released a bullish report on cryptocurrency Nov. 15. The report argues that institutional investors must join the industry for it to “realize its potential.” The report, dubbed ‘Institutionalization of Cryptoassets,’ […]
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A document produced under the auspices of China’s IT Ministry has called on the country to “accelerate” the development of standards for the blockchain industry. A document published Nov. 12 on the official website of the Cyberspace Administration of China (CAC) calls on the country to “accelerate” the development of standards for the blockchain industry. […]
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Major crypto exchange Kraken has opted to launch Bitcoin Cash SV trading on its exchange, but warns of “high risk.” Major U.S. cryptocurrency exchange Kraken confirmed in a blog post Nov. 18 that it had begun supporting both forks of Bitcoin Cash (BCH), while warning traders about “many red flags.” Kraken, which initially said it […]
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Each type of stablecoin has its own vulnerabilities. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision In the year of bear markets and curbed enthusiasm, stablecoins have emerged as the asset class with which many of the […]
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Korea’s largest power provider KEPCO says it will use blockchain and other innovative energy solutions to develop its next-generation micro grid (MG). Korea’s largest power provider KEPCO says it will use blockchain and other innovative energy solutions to develop its next-generation micro grid (MG), according to an official press release Nov. 19. KEPCO is a […]
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Israel’s first dedicated crypto investment firm for institutional investors has launched two new funds this month, and expects to have $50 million in AUM by the end of 2018. Israel’s first dedicated crypto investment firm for institutional investors, Silver Castle Ltd., has launched two new crypto funds this month, Bloomberg reported Nov. 18. The firm […]
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