U.S. Congress sees a new bill looking to give Americans $2,000 a month for at least a year and mandating the implementation of digital dollar wallets by January 1, 2021. As Americans wait for COVID-19 stimulus checks, the Digital Dollar has returned to legislation in the United States that looks to extend monthly payments for […]
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U.S. fintech lenders are helping small businesses affected by the COVID-19 crisis, but crypto players are unable to join. American financial technology firms are now able to help Main Street businesses affected by the COVID-19 crisis via a federal relief plan, but cryptocurrency-native companies apparently don’t fit the bill. Last week, the United States Small […]
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SBI Holdings will start implementing R3 blockchain-consortium technology in their Foreign Exchange services. Japan-based SBI Holdings announced on April 16 that it will begin using R3 blockchain-consortium technology for Forex Trading. This will be the first practical application of the Corda blockchain in the country. According to the announcement published in Nikkei Japan, the technology […]
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A worthless currency, and a worthwhile cause: why Akon is bringing transparency to Africa. Akon takes the stage at the Blockdown Virtual Conference this evening as one of the most influential figures in blockchain’s shift from niche financial tool for techies to the mass adoption of digital currencies. The creator of Akoin discussed the reasons […]
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New DeFi consortium backed by veteran crypto investor, Polychain Capital, hits 51 members to bolster cross-chain DeFi solutions. After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital, […]
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Seychelles-based crypto exchange KuCoin revealed multiple live domains amid claims that the High Court of Singapore locked its domain kucoin.com. On the same day that Cointelegraph published an article detailing that KuCoin’s primary web domain was locked from being transferred to other owners, the crypto exchange has announced that its platform can be accessed through […]
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A group of former core Steem developers formed a new company to monetize open-source development on Hive & compete with private corporations. Seven former top Steem developers have converged to form OpenOrchard, a company seeking to build innovative open-source technologies on top of Hive. Cointelegraph spoke to Andrew Levine, OpenOrchard CEO and former head of […]
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The next step for crypto’s mass adoption might lie in an alliance between decentralized crypto assets and centralized custodians. Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user […]
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Internet voting may have security vulnerabilities, but blockchain can still provide much-needed transparency for online systems. As shelter-in-place orders are extended throughout the United States due to the coronavirus pandemic, controversy around online voting systems has surfaced. The dangers of internet voting were recently publicly announced by the American Association for the Advancement of Science, […]
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The latest quarterly report from the company also reveals that it now has 1.2% of all the cryptocurrency available in its ten funds. Almost 2% of the world’s Bitcoin (BTC) supply is now under the control of a single company: Grayscale and its Bitcoin Trust (GBTC). In its latest quarterly report on April 16, Grayscale […]
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