The CEO of Reserve thinks central banks will tokenize their currency, but businesses will choose other stablecoin services for their privacy. CEO Nevin Freeman of stablecoin startup Reserve predicts that central banks will tokenize their currency at some point, but stablecoins will likely still have an advantage in offering privacy. Freeman delivered his remarks at […]
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Coinbase CEO Brian Armstrong says the exchange’s custody service received the $1 billion in the 12 months after its launch. During an on-stage discussion at Consensus, Brian Armstrong, CEO of major United States cryptocurrency exchange Coinbase, said that its custody service has already received $1 billion in crypto under management. Coindesk reported on Armstrong’s comments […]
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The Japanese company achieved unicorn status last month after funding put its valuation at more than $1 billion. Crypto trading platform Liquid has established a joint venture with Virtual Currency Partners in order to enter the United States market, Cointelegraph Japan reported on May 15. The Japanese company, which achieved unicorn status after funding put […]
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Dunamu gave funding to 26 blockchain startups as part of a multi-year investment roadmap. The parent company of South Korean cryptocurrency exchange Upbit has invested almost $50 million in blockchain startups since March 2018, English-language Korean business news outlet The Investor reported on May 15. Dunamu, which created a dedicated investment subsidiary, Dunamu & Partners, […]
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Most of the top 20 cryptocurrencies are reporting moderate gains on the day as bitcoin has fallen below the $8,000 mark again. Wednesday, May 15 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has fallen below the $8,000 mark again. Market visualization courtesy […]
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Luxury fashion brand Alyx intends to use Iota’s distributed ledger technology for supply chain tracking. Luxury fashion brand Alyx intends to use Iota’s distributed ledger technology (DLT) for supply chain tracking, cryptocurrency news outlet The Block reports on May 15. Per the report, Iota’s system will be implemented in partnership with global manufacturing company Avery […]
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The preliminary work to make the exchange fit for mainstream use once again has finished, developers say. Cryptocurrency exchange Binance has confirmed it has completed a major system upgrade and will relaunch its trading platform at 13:00 UTC on May 15. Binance, which lost over 7,000 BTC (at the time $41 million) in a hack […]
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Kaleido says the tech stack brings together the tools and technologies businesses need to build modern networks. Kaleido has launched a new business-to-business (B2B) tech stack with a view to helping companies “reinvent their core payment systems and supply chains,” according to a news release obtained by Cointelegraph on May 15. The ConsenSys-backed company said […]
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RIF Labs — the organization behind behind off-chain bitcoin infrastructure layer RIF OS — has launched a third-layer scalability solution. RIF Labs — owner of bitcoin-based smart contract sidechain Rootstock (RSK) developer RSK Labs — has launched a third-layer scalability solution capable of processing up to 5,000 transactions per second. The news was revealed in […]
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Web browser Opera has added support for tron (TRX) and TRC-standard tokens to its built-in crypto wallet. Web browser Opera has added support for tron (TRX) and TRC-standard tokens to its built-in crypto wallet, according to a press release shared with Cointelegraph on May 15. Last year, Opera first developed crypto wallet and Web 3.0 […]
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