Bitcoin price is hovering around $9,500, having seemingly stabilized around the price it fell to yesterday, while the rest of the crypto market is largely red. Thursday, Aug. 29 — Top cryptocurrencies Bitcoin (BTC) and Ether (ETH) are still in the red, though XRP has managed to see minor gains on the day. Market visualization. […]
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Cryptocurrency lending and borrowing firm Dharma has released a closed beta for its new platform, which is based on the Compound protocol. San Francisco-based crypto lending and borrowing firm Dharma has announced the start of a closed beta for a new version of its platform. Upcoming changes and short-term timeline Dharma announced its new platform […]
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According to China Telecom, the current level of blockchain smartphones’ adoption is low, while device performance is poor. Major phone operator China Telecom has released a white paper on blockchain-powered smartphones in the 5G Era. China Telecom introduced the white paper at the China International Intelligent Industry Expo on Aug. 27, according to a report […]
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The United States Securities and Exchange Commission reaches $10 million settlement with a Dallas-based digital assets company and its founders. The United States Securities and Exchange Commission (SEC), a primary governmental regulator, has settled charges with digital assets company Bitqyck Inc. and its founders. Smart contracts and crypto mining? The SEC announced the development in […]
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The European Central Bank releases a new paper devoted to stablecoins, providing taxonomy based on key stability mechanisms and recommending clear regulation. Stablecoins with a clear governance framework may be hampered by the uncertainty of the lack of regulation, according to the European Central Bank (ECB). Four major types of stablecoins outlined On Aug. 29, […]
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Parity, a blockchain development firm, has fixed a remote crash vulnerability present in some instances of Ethereum nodes running its software. Blockchain software development firm Parity released an update for its Ethereum (ETH) node software which fixes a vulnerability present in some instances. Remote node crashing vulnerability In a blog post published on Aug. 29, […]
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Crypto exchange Binance has launched its new developer-focused platform Binance X to foster new blockchain and crypto projects. Major global crypto exchange Binance has introduced its new developer-focused project, called Binance X. Bringing devs to relevant Binance programs The exchange launched Binance X on Aug. 29, aiming to provide blockchain developers with all necessary resources […]
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The Enterprise Ethereum Alliance has released a new blockchain standards document, this time focusing on blockchain solutions in the telecoms sector. The Enterprise Ethereum Alliance (EEA), an organization that aims to establish standards in the blockchain sector, has published a collection of use cases for blockchain in telecommunications. Blockchain solutions for telecoms The EEA shared […]
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A United Nations official warned that cryptocurrencies have made combating money laundering significantly harder. Neil Wals, chief of the United Nations Office on Drugs and Crime Global Cybercrime Program, warned that cryptocurrencies have made combating money laundering significantly harder. Australian news outlet ABC reported on Aug. 29 that Wals said cryptocurrencies make fighting cybercrime, money […]
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The Portuguese Tax and Customs Authority clarified that there is no income tax on Bitcoin and cryptocurrency in the country. Portugal’s Tax Authority has clarified that both cryptocurrency trading and payments in crypto will not be taxed in the country, Cointelegraph Spain reported on Aug. 27. According to a report published on Aug. 26 by […]
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