Supply, demand and the April bull market: Why MakerDAO’s DAI hasn’t been all that stable. Stability has become a holy grail for the crypto market, and right now, one of the biggest stablecoins is MakerDAO‘s DAI. Launched in December 2017 as an ERC-20 token, it’s pegged 1:1 with the United States dollar, with its peg […]
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First launched as a PoC in April 2018, Marsh’s proof of insurance blockchain platform is set to be rolled out soon to U.S. clients. Canada-based global insurance broker Marsh will soon roll out its proof of insurance (POI) blockchain platform to American commercial clients, the firm announced in a press release on April 25. First […]
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In the full fiscal year ending on March 31, 2019, SBI Virtual Currencies recorded a profit before tax of around $3.2 million. New Japanese crypto exchange SBI Virtual Currencies (SBIVC) achieved profitability in the first year of its launch, Cointelegraph Japan reports on April 26. SBIVC exchange, launched by Tokyo-based financial services giant SBI Holdings, […]
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The regulatory endorsement allows users to trade startup shares after acquisition. SeedInvest, the equity crowdfunding platform owned by crypto-friendly payment giant Circle, has gained approval to offer secondary shares trading, crypto industry news outlet The Block reported on April 26. The platform, which Circle bought out for an undisclosed sum in March this year, can […]
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Philip Morris’ global head of architecture and tech innovation revealed that the firm wants to apply blockchain in tax stamp tracking. International tobacco company Philip Morris is considering blockchain use in tracking tax stamps on cigarette boxes, the firm’s spokesperson confirmed to Cointelegraph on April 26. Philip Morris International is looking to implement emerging technologies […]
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Bitfinex is facing pressure from U.S. lawmakers over its handling of missing funds worth $850 million. Cryptocurrency exchange Bitfinex has withdrawn funds worth almost $90 million from its cold wallet, blockchain data reported by cryptocurrency news outlet The Block confirmed on April 26. Bitfinex, which has the same owner as USD stablecoin Tether (USDT), has […]
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The militant arm of Hamas is reportedly using increasingly complex measures to frustrate authorities’ attempts to track the flow of its cryptocurrency financing. The militant arm of Hamas — the de facto ruling authority of the Gaza Strip in Palestine — is reportedly using increasingly complex measures to frustrate authorities’ attempts to track the flow […]
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sponsored A blockchain-powered platform aiming to deliver a fairer deal for creators is broadening the choice of music, illustrations and webtoons available to fans. A blockchain-powered platform that allows content creators to reach its fans directly says it is broadening the choice of music, illustrations and webtoons it has on offer — improving both quality […]
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Members of a local church ended up buying into the Ponzi scheme after a sales pitch, the central bank confirms. A church in the Pacific nation of Samoa is at the center of scrutiny after ministers invited notorious cryptocurrency Ponzi scheme OneCoin to preach to its congregation, New Zealand-based media network Radio NZ reported on […]
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The new bill would allow the state government and other government entities to implement blockchain solutions. A new bill introduced on April 24 in the American state of Ohio’s House of Representatives would, if passed, allow the state government and other government entities to implement blockchain solutions in the exercise of their authority. According to […]
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