Microsoft is developing a decentralized identity network because, “every person needs a decentralized, digital identity they own and control…” Microsoft is building a decentralized identity (DID) network atop of the bitcoin blockchain, the tech giant announced on May 13. In a blog post, the company said the infrastructure, known as the Identity Overlay Network (ION,) is based on […]
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The Ethereum co-founder will work to build a platform dedicated to compliant security token development. Security token platform Polymath will build a separate blockchain for regulation-compliant tokens with an Ethereum (ETH) co-founder, the company confirmed in a blog post on May 13. Polymath, which has already contributed to the launch of over 100 security tokens, […]
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Every PAX deposited on the company’s platform can now be immediately sent as USD to a bank account. The company behind the Paxos Standard (PAX) stablecoin announced that its users can now instantaneously redeem unlimited amounts of its tokens for United States dollars. The development was described in a blog post published on May 13. […]
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Major American brands such as Barnes & Noble, GameStop and Whole Foods Market are among the retailers accepting payments. Payments startup Flexa unveiled an app where consumers can spend cryptocurrencies at major American retailers. The app was unveiled during the first day of the Consensus conference in New York City on May 13. Tyler Spalding, the company’s […]
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Almost 12% of crypto holders are long-term investors, according to a survey released by HBUS. Almost 12% of crypto holders are long-term investors, according to a survey shared with Cointelegraph on May 13 by HBUS, the operator of United States-based cryptocurrency exchange Huobi. The company reportedly surveyed 1,067 American participants between March and April this […]
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First announced in August 2018, ICE’s Bakkt is planning to test bitcoin futures trading and custody in July 2019. Bakkt plans to roll out testing for bitcoin futures trading in early July 2019, Bakkt CEO Kelly Loeffler announced in a Medium post on May 13. First announced in August 2018, institutional crypto exchange Bakkt now […]
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Most of the top 20 cryptocurrencies are reporting moderate gains on the day as bitcoin crossed the $7,400 mark. Monday, May 13 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has crossed the $7,400 mark. Market visualization courtesy of Coin360 Bitcoin is up […]
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The blockchain standards organization has released two new specifications aiming to enhance blockchain implementation for enterprises. Member-driven blockchain standards organization the Enterprise Ethereum Alliance (EEA) has released two new specifications aiming to accelerate and enhance blockchain implementation for enterprises. The news was shared with Cointelegraph in two press releases on May 13. The EEA, which […]
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Ampleforth — the developer of a new synthetic commodity designed to diversify risk — has released an updated white paper for its digital asset protocol. Ampleforth — the developer of a new synthetic commodity designed to diversify risk — has released an updated white paper for its digital asset protocol. The paper was shared with […]
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Börse Stuttgart, Europe’s tenth-largest exchange, announced trading of XRP and litecoin-based exchange-traded notes. Börse Stuttgart (SWB), the second-largest stock exchange in Germany, has listed two crypto exchange-traded notes (ETNs), according to a press release shared with Cointelegraph on May 13. Based on two major cryptocurrencies, XRP and litecoin (LTC), and issued through XBT Provider, the […]
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