Tether is reportedly planning a Chinese yuan-backed stablecoin to meet the growing demand for cryptocurrencies in the country. Stablecoin operator Tether plans to issue a Chinese yuan-backed stablecoin, local industry media ChainNews reports on Aug. 21. Tether to issue a renminbi-pegged stablecoin Bitfinex shareholder Zhao Dong informed the outlet that Tether — the stablecoin operator […]
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After failing to reclaim the $11,000 threshold on Monday, Bitcoin price has again dropped below $10,000. After failing to reclaim the $11,000 threshold yesterday, Bitcoin (BTC) price has dropped again to four figures. After the biggest cryptocurrency rapidly dropped $700 in minutes earlier today, the bearish movement continued as Bitcoin dipped below $10,000 price mark. […]
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Bitcoin Core developer Peter Wuille has introduced new Bitcoin smart contract programming language dubbed Miniscript. Bitcoin Core developer Peter Wuille has introduced new Bitcoin (BTC) smart contract programming language dubbed Miniscript. Wuille, a creator of major Bitcoin network upgrade SegWit, announced the Miniscript project website on the mailing list message for Bitcoin developers on Aug. […]
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The bank has failed in its duty to respond to complaints over the ban it instigated last year, judge rules. India’s supreme court has slammed the country’s central bank over its handling of a cryptocurrency business ban and ordered it to address complaints. Judge: RBI has not properly responded to representation In the latest session […]
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The Commonwealth Bank of Australia is working on a token and a blockchain trading platform meant to facilitate investments in sustainable development. The Commonwealth Bank of Australia is currently prototyping blockchain tokens meant to enable landowners, environmental groups, developers and governments to invest in sustainable development. Commonwealth Bank’s ‘BioTokens’ The bank announced in a press […]
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The Financial Times’ chief correspondent for international finance has argued that central banks can ironically be credited for boosting Bitcoin’s price. The Financial Times’ chief correspondent for international finance has argued that central banks can ironically be credited for igniting Bitcoin’s price. In a column for Nikkei Asian Review on Aug. 21, Henry Sender said […]
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Losses in Sichuan Province have failed to dent Bitcoin performance, in sharp contrast to 2018. Bitcoin (BTC) network hash rate remains near all-time highs despite fresh turmoil in China as floods wipe out mining operators. Bitcoin mining farm ‘devastated’ As various Twitter users reported on Aug. 20, the rainy season in China’s northwestern Sichuan province […]
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Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether is enduring its first mainstream bear market, just as Bitcoin did back in 2014-15. Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet […]
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American investor and Morgan Creek Digital Assets co-founder Anthony Pompliano says that Bitcoin will end up in every institutional investor’s portfolio. American investor and Morgan Creek Digital Assets co-founder Anthony Pompliano says that Bitcoin will end up in every institutional investor’s portfolio. In an interview with CNBC on Aug. 20, Pompliano said that every single […]
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Praxxis is the second cryptocurrency to launch with Chaum at the helm in twelve months. E-cash inventor David Chaum has unveiled yet another cryptocurrency which he says is resistant to quantum computer attacks. Chaum plans for quantum armageddon In a blog post issued Aug. 20, Chaum championed the new offering, Praxxis, which has seen a […]
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