While crypto was initially built off the principle of decentralization, nowadays that may not always be the case. Cryptocurrencies are based on decentralized technologies, but there is a big difference in terms of what they are, how they are used, and what it means for the projects — and now, governments — that are engaging […]
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Stablecoins backed by precious metals — here’s how to choose which one to invest in and why they are stable. Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins. Related: Stablecoins, Explained Stablecoin is […]
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Crypto enthusiast and U.S. presidential campaigner John McAfee explains why Bitcoin should hit $1 million in 2020. Major Bitcoin (BTC) bull, programmer and 2020 United States presidential campaigner John McAfee has explained why Bitcoin will hit $1 million in 2020. “I said $1 million and I’m sticking to one” McAfee, known for his brave prediction […]
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Blockchain-based games distribution platform Ultra has announced that its first three block producers are Bitfinex, EOS Rio and EOS New York. Blockchain-based PC games distribution platform Ultra.io has announced on Oct. 2 that its first three block producers (BPs) are Bitfinex, EOS Rio and EOS New York. All three future network maintainers are EOS BPs […]
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Web monetization platform Coil now supports XRP payments in real-time thanks to a partnership with payment gateway and XRP Ledger wallet provider GateHub. Web monetization platform Coil now supports XRP payments in real-time thanks to a partnership with payment gateway and XRP Ledger wallet provider GateHub. An official press release published on Oct. 1 noted […]
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Altcoin trading platform Coinexchange has announced that it is shutting down due to financial difficulties. Altcoin trading platform Coinexchange.io has announced that it is shutting down due to financial difficulties. In an official announcement on Oct. 1, the platform noted that the closure was purely a business decision and is not connected to any security […]
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Blockchain and cryptocurrency investment firm Multicoin Capital hires a former Google product manager as one of its new investment Principals. Blockchain and cryptocurrency investment firm Multicoin Capital hired a former Google product manager as one of its new investment Principals. In a blog post published on Oct. 1, managing partner Kyle Samani said that Tony […]
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The Chicago Mercantile Exchange Group has no current plans to launch physically settled Bitcoin contracts, a senior executive says. The Chicago Mercantile Exchange (CME) Group has no current plans to launch physically settled Bitcoin (BTC) contracts, a senior executive said. Tim McCourt, global head of equity index and alternative investment products at CME Group, told […]
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BitTorrent’s decentralized file sharing protocol BitTorrent File System officially launches its mainnet and rolls out 3,000 new nodes. BitTorrent’s decentralized file sharing protocol BitTorrent File System (BTFS) has launched its mainnet. The project seeks to become what developers describe as “the world’s largest and first scalable decentralized storage system.” According to a blog post published […]
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Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency, sources say. Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency. As Bloomberg reported on Oct. 2 citing “people familiar with the matter,” the four payment […]
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