Russian prosecutors are reportedly investigating a British firm that allegedly sold fraudulent Gram tokens. Shortly after lifting the country’s Telegram ban, Russian authorities began investigating potentially fraudulent offerings involving the company’s unlaunched token, Gram. The token was at one time meant to serve a new blockchain ecosystem known as the Telegram Open Network, or TON. […]
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Tron becomes the fourth blockchain project to be assigned branded hashtags, outspending competition with five hashtags at once. Tron (TRX) becomes the fourth blockchain project to receive a custom Twitter emoji hashtag. Justin Sun, Tron’s founder, unveiled the new emoji in a tweet on Friday. As customary in Tron’s marketing campaigns, the new emoji comes […]
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As interoperable blockchain solutions gain traction, many believe that the technology is still relatively nascent and needs more polishing. Cross-chain interoperability is a domain that has piqued the interest of many financial institutions over the years, as it stands to produce a technology that can potentially mitigate a whole host of their recurring operational issues […]
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Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months. USD Coin (USDC), a stablecoin project founded by Coinbase and Circle, has hit a major milestone in market capitalization. On July 3, 2020, USDC market cap broke the $1 billion threshold for the first time since […]
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The former CFTC chair’s analysis stating that Ripple’s XRP is not a security might be wrong. In recent months, a number of class-action lawsuits have been filed against Ripple for selling its XRP token in an unregistered securities offering. So far, the United States Securities and Exchange Commission has not published any official statement on […]
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A report claims that the global food industry could save over $100 billion annually by implementing blockchain and IoT technology. Blockchain technology and the Internet of Things (IoT) can solve some of the food industry’s most pressing challenges and save it $100 billion a year, according to a recent report by Cointelegraph Consulting and VeChain. The […]
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The Binance China Blockchain Institute has partnered with a state-level enterprise to jointly develop new digital infrastructure for small and medium enterprises in the country. Binance’s new blockchain research institute in China has forged a strategic partnership with a state-level supply chain innovator to jointly develop digital infrastructure for small and medium enterprises (SMEs) in […]
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A Singapore man was fined $72,000 for operating a multi-level marketing scheme linked to the Ponzi scheme OneCoin. On Wednesday, a 52-year old man named Fok Fook Seng of Singapore was found guilty of operating a multi-level marketing scam linked to the cryptocurrency Ponzi scheme OneCoin. Since its inception, the OneCoin crypto scam has defrauded […]
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An issuance vulnerability resulted in the creation of an extra 5% of Ravencoin’s current supply. A vulnerability in Ravencoin (RVN) resulted in the unsanctioned minting of about 1.5% of its maximum supply of 21 billion RVN. The exploit was disclosed by Recencoin on Friday after initial reports were confirmed, but details remain fuzzy as the […]
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An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say. A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements. Published by asset manager Stack Funds on July 2, the findings suggest that 90-day […]
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