An in-depth analysis of the recent malfunction and performance issues suffered by the Binance crypto exchange. As Cointelegraph reported on Feb. 19, Binance temporarily suspended most of its crypto trading platform activities due to unscheduled system maintenance. For several hours the exchange’s users were unable to perform most basic functions including deposits, withdrawals, spot trading, […]
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Polkadot has progressed through the initial stage of integrating Chainlink oracles, which signals a systematic approach of porting Ethereum infrastructure. Polkadot is gearing up for its upcoming network launch as it revealed an integration with Chainlink (LINK) on Feb. 25. The integration of Chainlink oracles may be crucial for the development of Polkadot decentralized finance […]
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Caitlin Long believes that banks will offer superior custodial services to those offered by trust companies. Caitlin Long announced yesterday that she is launching Avanti Bank, and seeking a charter for it to become the first bank in the U.S. to offer crypto custody services. Today, in an exclusive interview with Cointelegraph, she elaborated on […]
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Tezos and Chainlink have retraced from their nearly parabolic gains of the last few weeks, possibly presenting a buying opportunity for investors. The most energetic performers from the past period, Tezos (XTZ) and Chainlink (LINK), are now showing a heavy retracement. Tezos corrected 32% since its local high at $3.96, while Chainlink also corrected 25% […]
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ConsenSys is spinning off its healthcare division into ConsenSys Health, seeking to solve the issues in U.S. healthcare by applying technological solutions. ConsenSys, the Ethereum-focused company founded by Joseph Lubin, announced on Feb. 25 that it will spin off its health division. The new ConsenSys Health company will develop blockchain use cases to tackle issues […]
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Multi-currency and futures exchange BTSE to launch the first-ever native exchange token sale based on the Liquid Network in March 2020. As the adoption of Bitcoin (BTC) sidechains continues to grow, a major Bitcoin sidechain, the Liquid Network, will soon host a token sale. BTSE, a multi-currency digital asset and derivatives exchange, plans to launch […]
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New Zealand’s tax authority has issued new proposals on taxation of crypto and is seeking public feedback on the issue. New Zealand’s tax authority has issued new proposals on the Goods and Services tax (GST)-related policy in regard to cryptocurrencies and is seeking public feedback on the issue. On Feb. 24, New Zealand’s Inland Revenue […]
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Starkware, led by Zcash founding scientist, hopes to bring security and scalability to crypto exchanges. An Israeli startup Starkware believes it can solve two of the most pressing issues in crypto trading — the inherent vulnerability of centralized exchanges and the low transactional capacity of decentralized ones. The venture was co-founded by professor Eli Ben […]
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As a crypto firm in Ukraine plans to issue the first Ukrainian hryvnia-pegged stablecoin, the country’s central bank is progressing with its e-hryvnia project. Despite considerable testing and research, the prospect of a central bank digital currency (CBDC) still raises significant concerns for bankers in Ukraine. At a Feb. 21 conference in Kyiv, the National […]
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Russian billionaire Vladimir Potanin is one step further with his blockchain-based trading platform for industrial assets and commodities. Russia’s richest man, Vladimir Potanin, is making steady headway with his blockchain-based trading platform for industrial assets and commodities. The billionaire’s venture, dubbed Atomyze, launched today, Feb. 25, in test mode. Potanin’s mining and smelting firm Nornickel […]
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