Coinbase CEO Brian Armstrong and the co-founders of Bitmain and Ripple have been included on Forbes’ rich list for 2020. There are more than 2000 billionaires on Forbes’ ‘The Richest in 2020’ list — but only a handful come from the world of cryptocurrency and none of them are named ‘CZ’. Only four entrepreneurs who […]
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ICON unveils a new consensus algorithm which improves scalability and network bandwidth without sacrificing security. South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8. The new algorithm claims to make performance improvements in scalability and network bandwidth over the popular Practical Byzantine […]
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The Cardano Foundation looks forward to strengthening South Africa’s blockchain awareness. The Cardano Foundation announced a partnership with the South African National Blockchain Alliance (SANBA) on April 7. The partnership endeavors to explore further ways to strengthen technology’s adoption throughout South Africa. According to the official announcement, Cardano will use blockchain technology to boost socio-economic […]
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The Chinese Olympic Committee alerts the public that the recent blockchain-enabled fundraising using the “Olympics” name is illegal. The Chinese Olympic Committee announced on April 8 that it’s repeatedly received complaints about illegal marketing pertaining to the upcoming Olympic Games. People claiming to be part of the so-called “World Olympic Sports Foundation” say they’re using […]
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Overstock will airdrop security tokens to OSTK shareholders on May 19, potentially flooding its fledgling tZERO exchange. Overstock has slated May 19 as the date to airdrop OSTKO security tokens as a dividend to its shareholders. They’ll get one security token for every ten OSTK shares they own as of April 27, making for 4.37 […]
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As Bitcoin Cash underwent its first block reward halving on Wednesday, both BCH and BSV saw modest gains amid a falling market – but none of the fireworks expected on ‘halvening’ day. Bitcoin Cash (BCH) went through with its first block reward halving on Wednesday, with the coin price gaining 11.2% on the day. Those […]
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BTCs halving seems to be the only one on the minds of traders, with several forks correlating with BTC in the run-up to their halvings. With the halvings for Bitcoin Cash (BCH) and Bitcoin SV (BSV) failing to drive a surge in demand, it appears that their block halvings may turn out to be non-events. […]
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The Texas State Securities Board issued an emergency order against a crypto mining firm that allegedly made fraudulent COVID-19 charity claims. The Texas securities regulator has continued its crackdown on cryptocurrency scams, spotting an alleged fraudulent crypto firm that made fake claims about COVID-19 donations. On April 8, the Texas State Securities Board (TSSB) issued […]
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The DOCit app will be used as a screening tool in a Canadian region to combat the coronavirus pandemic. Canadian technology company, VitalHub Corp, announced on April 8 the first deployment of a blockchain-based coronavirus screening tool. The tool will be used by a Region of Waterloo-owned long-term care facility called Sunny Side Home. According […]
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The CARES Act shed light on the possibility of a digital dollar. Meanwhile, a blockchain-based solution is also being explored. Will one of them launch soon? The coronavirus pandemic is the biggest global crisis since the events that sparked the creation of Bitcoin (BTC) in 2008, and is one that will also have long-lasting effects […]
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