The majority of the top 20 coins are trading sideways, while litecoin is seeing the biggest gains, following a crypto debit card announcement. Wednesday, June 19 — Crypto markets are trading sideways, with the majority of the top 20 coins by market cap seeing losses, according to data from Coin360. Market visualization from Coin360 Bitcoin […]
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Bereaved families who place an obituary for a loved one in a newspaper will now be able to instantly trigger searches for a matching life insurance policy. MetLife subsidiary LumenLab is using blockchain technology to automate life insurance claims, according to a news release published on June 17. Known as “Lifechain,” the collaboration with Singapore Press Holdings and NTUC […]
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Visa launches a blockchain-based centralized payment settlement service for international business transactions, challenging USC and Ripple. Visa has launched a payment system for business-to-business (B2B) transactions partially based on blockchain technology. The United States payment behemoth says its platform, called Visa B2B Connect, offers seamless cross-border payment processing for institutional clients without going through the complex web of third-party […]
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Web server security service firm Cloudflare announced the launch of its Ethereum gateway. Web server security service firm Cloudflare announced the launch of its Ethereum gateway in a blog post on June 19. Per the announcement, the gateway — which is part of the company’s broader Distributed Web Gateway toolset — lets users “interact with […]
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Ethereum-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors. Ethereum (ETH)-based decentralized video streaming startup Livepeer announced that it raised $8 million from institutional investors in its Series A funding round in a Medium post published on June 17. Per the announcement, the startup will use the newly acquired […]
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Fundstrat Global Advisors co-founder Tom Lee said that bitcoin could easily reach new highs. Fundstrat Global Advisors co-founder Tom Lee said that bitcoin (BTC) could easily reach new highs during an interview with CNBC published on June 18. In his comments, Lee said that bitcoin is becoming the reserve currency of the cryptocurrency space, and […]
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Big four auditing firm PwC announced the release of a cryptocurrency auditing software solution. Big Four auditing firm PwC announced the release of a cryptocurrency auditing software solution in a press release published on June 19. Per the release, the tool newly added to PwC’s Halo auditing suite can be used to “provide assurance services […]
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Russia’s deputy finance minister revealed that the parliament is expected to adopt crypto legislation in the next two weeks. Russia’s parliament, the State Duma, will adopt the country’s major crypto bill “On Digital Financial Assets” (DFA) in the next two weeks, according to a local senior finance official. The news was reported by Russian government-backed […]
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Eos developer Block.one has paid $30 million in cash to purchase the voice.com domain name for its new blockchain-based social media. Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United […]
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Global legislators have voiced their support for a June summit in Japan, which will discuss industry responses. Global legislators have voiced their support for a forthcoming summit in Osaka, Japan, which will be devoted to virtual asset service providers’ (VASPs) response to a new set of recommendations set forward by the Financial Action Task Force […]
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