Poloniex is looking to get its own piece of the institutional pie by giving special treatment to institutional clients. U.S. cryptocurrency exchange Poloniex has launched a dedicated offering for institutional traders, the company announced in a blog post Dec. 4. Poloniex, which merged with financial services company Circle in February this year, currently ranks 47th […]
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Hyperledger announced Ursa, a modular cryptography software library meant to ease the development and interoperability of blockchains. The Hyperledger Technical Steering Committee has approved the Ursa project, a modular cryptography software library, according to an official announcement Dec. 4. According to the statement, as Hyperledger has matured, projects “have started to find a need for […]
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Medici Ventures now has a 10 percent stake in agricultural blockchain firm GrainChain, with the option to acquire an additional 10 percent. Medici Ventures, the blockchain venture arm of Overstock.com Inc., has purchased $2.5 million in equity in agricultural blockchain project GrainChain, according to a press release shared with Cointelegraph Dec. 4. Founded in 2003, […]
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Thailand-based crypto exchange Satang has set a goal to raise nearly $10 million in a coming Security Token Offering, the funds of which it will invest in developing a wallet. Thai cryptocurrency exchange Satang Corp. plans to raise nearly $10 million in a security token offering (STO), despite the recent market meltdown, Asia-focused business publication […]
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A U.S. Department of the Treasury official has urged crypto industry players to jointly fight against fraudulent activity and the misuse of digital currencies. The U.S. Department of the Treasury Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker urged crypto industry players and regulators to prevent the illicit use of cryptocurrencies in a speech […]
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U.S. Rep. Warren Davidson of Ohio announced plans to introduce a bill in the House of Representatives that would regulate ICOs and cryptocurrencies. U.S. Rep. Warren Davidson (R) has announced plans to introduce legislation that would clearly regulate cryptocurrencies and Initial Coin Offerings (ICOs), local Ohio news agency Cleveland.com reports Dec. 3. According to Cleveland.com, […]
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New York state financial regulators have authorized a blockchain-based payments system offered by a local commercial bank. The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4. NYDFS superintendent Maria T. Vullo announced today that the department […]
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Crypto markets are seeing a tint of green, with just a few top coins in the red. Bitcoin is hovering under the $4,000 mark. Tuesday, Nov. 4: Most of the top twenty cryptocurrencies are in the green, having overcome yesterday’s losses, with Bitcoin (BTC) hovering under the $4,000 mark. Market visualization from Coin360 During the […]
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Binance’s CEO has revealed the company’s plans to launch its own blockchain, “Binance Chain,” in the near future. Binance, the world’s largest crypto exchange by trading volumes, will launch its own blockchain “Binance Chain” in the “coming months,” as the company revealed in a tweet on Dec. 4. The new Binance-backed blockchain aims to provide […]
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With IoT back in the spotlight, it’s a good time to look at what impact blockchain has on the industry and what challenges there are to overcome. The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain […]
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