The Bill and Melinda Gates Foundation will partner with Coil and Ripple to implement Interledger and develop “pro-poor” payment systems on its mobile platform Mojaloop. The Bill and Melinda Gates Foundation is partnering with Ripple Labs Inc. and digital payments firm Coil to implement the Interledger Protocol, the Foundation’s Deputy Director and Principal Technologist Miller […]
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Samsung has launched a new production process for its 7nm chips, making them more energy efficient, which could prove a boon for crypto miners. Samsung’s production wing, Samsung Foundry, has launched a new production process of its 7-nanometer (nm) Low Power Plus (7LPP) process node, which could reduce its energy consumption by up to 50 […]
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The U.S. SEC has created the Strategic Hub for Innovation and Financial Technology which will focus on fintech-related issues, including DLT and cryptocurrencies. The U.S. Securities and Exchange Commission (SEC) has launched the agency’s Strategic Hub for Innovation and Financial Technology (FinHub), according to an official announcement published Oct. 18. The FinHub will be run […]
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Are Mastercard and VISA about to deem crypto and ICOs ‘high risk’? On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category. What are the consequences for those ‘high risk’ merchants? According to the publication’s undisclosed […]
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The head of Russia’s Central Bank, Elvira Nabiullina, remains skeptical about cryptocurrencies’ popularity, which she has previously compared to “gold fever.” The head of Russia’s central bank, Elvira Nabiullina, believes that “crypto fever” is beginning to diminish, major Russian news agency RIA Novosti reports Thursday, Oct. 18. Nabiullina, while speaking at finance innovation forum Finnopolis […]
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Dubai and the United Arab Emirates are making concerted efforts to be global leaders in blockchain adoption. In some countries around the world, governments have had a stifling effect on the adoption of blockchain technology. Conversely, the government of the UAE and Dubai have been the driving force behind the promotion of blockchain use in […]
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U.S. crypto wallet and blockchain security firm BitGo gets $15 million from banking giant Goldman Sachs and Galaxy Digital’s Mike Novogratz. U.S. banking giant Goldman Sachs and its former partner Mike Novogratz, now CEO of crypto investment firm Galaxy Digital, have recently invested in U.S. crypto custody service BitGo, Bloomberg reports Wednesday, Oct. 18. In […]
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U.K.-based global security company G4S has announced a new high-security “vault storage” for holding crypto assets. U.K.-based multinational security services company G4S has developed a new service for protecting cryptocurrency assets, the firm announced in an official press release Thursday, Oct. 18. G4S, formerly Group 4 Securicor, has released an “innovative security solution” for holding […]
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Ticketmaster has acquired blockchain-focused live events firm Upgraded to enhance its ticketing system and prevent fraudulent tickets. Global ticketing giant Ticketmaster has acquired blockchain-focused live events firm Upgraded, according to an Oct. 18 press release. Ticketmaster, a division of the world’s largest live-entertainment business Live Nation, plans to use blockchain technology through the partnership as […]
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Crypto markets are calm, with most major coins seeing only minor ups and downs, as commentators weigh in on markedly low Bitcoin volatility levels. Thursday, Oct. 18: Crypto markets are seeing continued stability, with few of the major cryptocurrencies budging in price, as Coin360 data shows. Market visualization by Coin360 Meanwhile, Tether (USDT) has seen […]
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