Japanese e-commerce giant Rakuten has partnered with Japan’s biggest railway firm to promote cashless payments. Japanese e-commerce giant Rakuten has partnered with Japan’s biggest railway firm, the East Japan Railway Company (JR East), to promote cashless payments. The news was reported by Cointelegraph Japan on June 5. The partnership will enable commuters to charge and […]
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Bleakley Advisory Group’s Peter Boockvar says now is the time to monitor bitcoin, but buy gold and silver. Bitcoin (BTC) could inform investors worried about the United States–China trade war, an executive from financial planning and wealth advisory firm Bleakley Advisory Group told CNBC in an interview on June 4. On the back of stock […]
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From fixing ads and loyalty programs to ensuring ethical sourcing of products, here’s how blockchain can make retail more efficient. Cryptocurrencies have gone a long way since the day when, nine years ago, Laszlo Hanyecz had paid 10,000 bitcoins for two large Papa John’s pizzas, marking the first purchase of tangible goods for digital money. Although […]
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Blockchain platform Neo is using a new consensus algorithm on its mainnet, the delegated Byzantine Fault Tolerance mechanism. Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4. The new algorithm purportedly provides immediate […]
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The Securities Commission Malaysia has registered crypto exchanges Luno Malaysia, Sinegy Technologies and Tokenize Technology for operation. The Securities Commission Malaysia (SC) has registered cryptocurrency exchanges Luno Malaysia, Sinegy Technologies and Tokenize Technology, according to a press release on June 4. Crypto exchanges are reportedly required by law to register with the SC, and the […]
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Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds. Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31. Money.pl received an email from one of its readers, who stated that Coinroom — which was […]
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Chinese crypto exchanges facilitate 60% of all tether trading globally. Chinese cryptocurrency exchanges facilitate 60% of all stablecoin tether (USDT) trading globally, according to an analysis by Diar on June 3. According to the report, Chinese exchanges in 2019 thus far account for over $10 billion in USDT trading. The United States, in contrast, is […]
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Cadence is believed to be the first digital asset to obtain a Financial Instrument Global Identifier, known as FIGI for short. A blockchain-based alternative investment provider that tokenizes commercial debt is being listed on the Bloomberg Terminal, according to a news release published on June 4. Cadence is believed to be the first digital asset […]
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The Marshall Islands has formed a non-profit organization to support the government in the implementation of the country’s national digital currency, the SOV. The Republic of the Marshall Islands (RMI) has formed a non-profit organization to support the government in the implementation of the country’s national digital currency. The development was announced in a press […]
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The U.S. Securities and Exchange Commission sued Canadian startup Kik for opening a securities offering without registration. The United States Securities and Exchange Commission (SEC) has sued Canadian startup Kik for an unregistered $100 million token offering, the regulator officially announced on June 4. According to the SEC’s complaint, Kik violated the registration requirements of […]
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