Crypto advocate and eccentric John McAfee has announced that he is developing a new privacy coin. Famed computer programmer, eccentric and cryptocurrency advocate John McAfee has announced that he is working on a privacy coin called Ghost. On April 11, McAfee tweeted that Ghost will be underpinned by a Proof-of-Stake algorithm, and will be tradable […]
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Cargill and Rabobank settle a $12 million commodity trade using blockchain technology, reducing the transaction time to five days. Dutch multinational banking and financial services company Rabobank recently announced the settlement of a $12 million intercontinental commodity trade using blockchain technology. Rabobank and other logistics companies collaborated with the United States-based agricultural behemoth Cargill and […]
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The team behind CryptoKitties and the Flow blockchain, Dapper Labs, has revealed a partnership with Libra to share technology between the two projects. Dapper Labs, the team behind CryptoKitties and the Flow Blockchain, has revealed a partnership with Facebook’s Libra stablecoin project to share proprietary technology. Speaking to Cointelegraph, Dapper Labs’ CTO Dieter Shirley revealed […]
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Libra association member Bison Trails has collaborated with Coinbase Custody to enable secure Polkadot staking. Blockchain infrastructure-as-a-service company Bison Trails is integrating with Coinbase Custody while also providing support for the Polkadot protocol. Announced on April 14, the integration will allow Coinbase Custody clients to delegate Polkadot (DOT) tokens to Bison Trails validators, which helps […]
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Singapore-based Delta Exchange is launching futures contracts on BTC/USDT amidst fears of a global recession. Singapore-based Delta Exchange has announced the launch of Bitcoin (BTC)/Tether (USDT) futures contracts, allowing users to trade BTC futures with USDT collateral, starting on April 14 at 9:00 a.m. EDT. According to the company, the industry has seen surging demand […]
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Crypto debit card BlockCard now touts 6.38% customer spending rewards. Crypto debit card BlockCard, built by blockchain company Ternio, has increased user rewards to almost 7%. “Starting April 14th, all BlockCard users (existing and new) will be entitled to earn 6.38% back in cryptocurrency rewards on all BlockCard purchases – with no ceiling on the […]
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Italian blockchain firm LKS created a non-fungible token-based system that allegedly can prevent the spread of fake news. Italian blockchain firm LKS created a non-fungible token (NFT)-based system that allegedly can prevent the spread of fake news. According to an announcement sent to Cointelegraph on April 14 — other than countering fake news — LKS’s […]
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Goldman Sachs analyst argues that central banks should print even more money as one commentator slam “illegal” moves by the Federal Reserve. Bitcoin (BTC) and gold are fast becoming the safe-haven assets of choice as new data predicts that advanced economies will shrink 35% in Q2. According to annualized figures from Goldman Sachs quoted by […]
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A 61-year-old who sold oxycodone on the Silk Road in 2012 has had his request for a compassionate release amid the COVID-19 pandemic rejected. Court filings show that New York federal judge Jed Rakoff has rejected the request of a 61-year-old toy merchant-turned Silk Road vendor for a compassionate release amid the coronavirus pandemic that […]
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The G20’s Financial Stability Board issued a study on stablecoins, analyzing their merits and threats as the Libra project continues to spook regulators. Stablecoins can pose risks to financial stability and need to be adequately regulated, according to the Group of 20. The G20’s Financial Stability Board (FSB) issued a comprehensive stablecoin study on April […]
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