A Chinese consortium led by tech giants Huawei and Tencent claims that its new blockchain network can process over 1000 TPS. The Chinese Financial Blockchain Shenzhen Consortium (FISCO), led by multinational telecommunication company Huawei and tech giant Tencent, will soon present its coinless blockchain FISCO BCOS, as revealed in a press release Tuesday, Oct. 18. […]
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Money 20/20: blockchain and central bank digital currencies represent a “great challenge” to existing real-time gross settlement systems, says HSBC exec. A senior executive from U.K.-based bank HSBC has said that time-efficient distributed ledger technologies (DLT) and central bank digital currencies (CBDCs) represent a “great challenge” to existing real-time gross settlement (RTGS) systems, Cointelegraph learned […]
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sponsored An open-source protocol is enabling users to transfer value from one blockchain to another, preventing isolation and removing barriers to trading. A new protocol is allowing users to complete cross-chain transactions – meaning value can be transferred between different blockchains such as Bitcoin and Ethereum. The open-source technology is known as the Open Federated […]
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The venture capital wing of the People’s Daily Online has signed an agreement with tech company Xunlei Limited to launch a blockchain laboratory. The venture capital wing of the official newspaper of the Communist Party of China (CCP) — People’s Daily Online — has signed a deal for a strategic partnership on a blockchain laboratory […]
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Crypto exchange Coinbase has launched the USDC stablecoin, which is fully collateralized by U.S. dollars and available for trading. Major U.S. cryptocurrency exchange Coinbase has launched the USD Coin stablecoin (USDC), making it the first stablecoin for trade on the platform, according to an announcement published Oct. 23. The underlying technology behind USDC was developed […]
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A lobby group of Russian entrepreneurs has presented their alternative to the current draft bill on cryptocurrencies to Prime Minister Dmitry Medvedev. A lobby group of the Russian Union of Industrialists and Entrepreneurs (RSPP) has recently sent its proposals for crypto regulation to country’s prime minister Dmitry Medvedev, Russian business media RBC reports Monday, Oct. […]
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A U.S. District Judge has dismissed a case against Nano token developers, in which the plaintiff claimed the company had run afoul of U.S. securities laws. A New York judge has thrown out an investor’s proposed class action lawsuit against the development team of altcoin Nano (XRB), according to court documents filed Oct. 22. The […]
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Crypto exchange Coinbase has received approval for its application to roll out crypto custody services in the state of New York. New York state regulators have approved Coinbase Custody Trust Company LLC to roll out their cryptocurrency custody services in the state, according to an official announcement published Oct. 23. The New York State Department […]
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Crypto markets are seeing mixed signals, with total market cap seeing a slight drop off, Bitcoin is trading around $6,480. Tuesday, Oct. 23: crypto markets continue their sideways trend today, with total market cap slightly down over the past 24 hours, according to CoinMarketCap. The markets are seeing mixed signals as of press time, with […]
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Japanese financial services giant SBI Group will develop a wallet following a partnership with Danish cryptography services firm Sepior ApS. Japan-based financial services firm SBI Group and Danish cryptography services company Sepior ApS have partnered to jointly develop a proprietary wallet, according to an announcement published Oct. 13. The wallet is set to ensure secure […]
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