South Korean technology behemoth Samsung announced the release of its blockchain and decentralized application Software Development Kit. South Korean technology behemoth Samsung announced the release of its blockchain and decentralized application (DApp) Software Development Kit (SDK) in a recent post on its website. Per the announcement, the Samsung Blockchain SDK allows for account management and […]
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The world’s fifth top oil and gas firm, Shell, has invested in a blockchain-based energy firm. Shell, the world’s fifth largest oil and gas firm, has invested in a blockchain-based energy startup, Forbes reports on July 10. The European oil and gas giant has invested an undisclosed amount in New York-based LO3, whose Exergy platform […]
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U.S.-based bank The Provident Bank has begun offering deposit services to digital currency-related customers. American community bank The Provident Bank has begun offering deposit services to digital currency-related customers, according to an announcement published on July 9. The Provident Bank now offers deposit and other banking services to cryptocurrency issuers, exchangers and investors. The bank […]
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Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore. Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore in a press release shared with Cointelegraph on July 10. Binance Singapore has been first launched in April, but with limited functionalities and only one trading pair. […]
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A large number of Gulf nations are embracing crypto with open arms as Ethereum explores partnership opportunities… While we often get to hear about how cryptocurrency adoption is rapidly gaining ground in the West, a number of countries across the Middle East — such as Bahrain, the United Arab Emirates and Saudi Arabia — often […]
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Visa co-led a $40 million funding round in crypto startup Anchorage, marking its second-ever investment in a crypto startup. Global payment giant Visa has recorded its second investment in a crypto project by leading a $40 million funding round of Anchorage startup, according to a Fortune report on July 10. Visa has reportedly led the […]
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Congressman Tom Emmer reintroduced a bill to protect investors if they make an error as the result of receiving hard forked blockchain assets. United States Congressman Tom Emmer has reintroduced his Safe Harbor for Taxpayers with Forked Assets bill, according to a press release published July 9. The reintroduced version of the bill appears to […]
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Major United States-based cryptocurrency exchange Coinbase is reportedly looking to launch a captive insurance company. United States’ biggest cryptocurrency exchange, Coinbase, is reportedly looking to launch a captive insurance company, industry news outlet Coindesk reports on July 10. Per the report, industry sources told the outlet that Coinbase is looking to launch its captive insurance […]
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Arthur Hayes claimed that even if Libra has limited success, PayPal in particular has no chance of succeeding. Facebook’s Libra payment protocol could make central and commercial banks irrelevant, but PayPal has no future anyway, the CEO of derivatives giant BitMEX thinks. Arthur Hayes made the comments in a new interview with Taiwanese news network […]
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Litecoin creator Charlie Lee has predicted that miners may shut up shop after the coin’s forthcoming halving this summer. Litecoin (LTC) creator Charlie Lee has predicted that miners may shut up shop after the coin’s upcoming halving this summer. In an interview with Australian crypto news site Mickey on July 10, Lee reflected on the […]
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