In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso. In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso. A report from PhilStar Global on July 26 revealed that the new, bank-backed cryptocurrency — […]
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The massive-scale hack of major United States credit card issuer Capital One has left the personal data of over 100 million individuals exposed. The massive-scale hack of major United States credit card issuer Capital One has left the personal data of over 100 million individuals exposed. As CNN reported on July 30, confidential data for […]
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CEO Adam Back explained users now have more options as a new update provides support for stablecoin Tether. Bitcoin (BTC) users can now take advantage of the Lightning Network while sending coins on Blockstream’s Liquid sidechain. Bitcoin’s Lightning Network designed to work across multiple chains Following the debut of support for stablecoin Tether (USDT) on […]
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Smart Valor debuts with two cryptocurrencies and four fiat currencies, with further expansion planned. Swiss integrated cryptocurrency exchange Smart Valor has launched trading of four fiat currencies with Bitcoin (BTC) and Ether (ETH). Switzerland sees another crypto first As a blog post issued July 30 confirmed, Smart Valor, which combines exchange with custody and brokerage […]
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Incoming payout could induce change in stagnant markets, three days after Bitcoin shed almost $1,000 in minutes. Bitcoin (BTC) price continued trading around $9,500 July 30 as analysts suggested the end of the month could still provide a fresh move upwards. Market visualization. Source: Coin360 All eyes on futures and 50-day moving average Data from […]
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Steve Lee highlighted Square Crypto’s emphasis on Bitcoin in a recent community AMA on Twitter. Steve Lee, a project manager at Square Crypto — the crypto arm of the payments company Square — made a number of recent remarks that solidify the company’s emphasis on Bitcoin (BTC). Lee commented to this effect in the course […]
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The U.S. Department of Defense has put blockchain on its four-year roadmap for cybersecurity improvements. The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy. The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD […]
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The chief of the SEC Division of Enforcement’s Cyber Unit has resigned, after around two years of leading investigations involving crypto and cyber security. The chief of the United States Securities and Exchange Commission (SEC) Division of Enforcement’s Cyber Unit, Robert A. Cohen, has stepped down from his role at the commission. According to an […]
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A new blockchain solution focused on ending slave labor in the food industry received $2.4 million in public funding in Australia. Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation. […]
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CurrencyBird has reportedly become the first Chilean remittances company to the join RippleNet platform. Chile-based peer-to-peer remittance company CurrencyBird has joined RippleNet, Ripple’s global blockchain-based network of payment providers, according to an announcement published on July 25. CurrencyBird has thus ostensibly become the first Chilean payments company to join RippleNet, a network of institutional payment-providers […]
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