Major U.S.-based bank Silvergate added 59 new crypto customers in the fourth quarter of 2018. Crypto-supportive Silvergate Bank has signed on a slew of new cryptocurrency customers in the fourth quarter on 2018, according to a recent filing with the United States Securities and Exchange Commission (SEC). The filing reveals that as of Dec. 31, […]
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sponsored A Japanese company has launched a ERC-20-compliant stablecoin that is pegged to the U.S. dollar and supported by major Ethereum crypto wallets. A Japanese company has launched an ERC-20-compliant stablecoin that it says offers “absolute decentralization, maximum security and a reliable source of stability in the face of volatility.” As its name suggests, USDDex […]
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Jeremy Allaire has said that stablecoins using open standards will prevail as the sector continues to see new market entrants. Jeremy Allaire, co-founder and CEO of payments company Circle, has said that as the sector continues to see new market entrants, stablecoins using an open standards approach will prevail. Allaire made his remarks during an […]
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The crypto elite are hiring bodyguards, but that may change once the industry becomes more legitimate. Security is paramount in crypto. “Keep your hardware wallets safe,” we’re told. “Keep your private keys safe.” “Keep your seed words safe.” “Keep your computer safe.” This list could go on almost indefinitely, and while you might be forgiven […]
Continue ReadingFinanciers and investors fear that a “no deal” Brexit could spell “bust” for Ireland and the nations’ blockchain industry. Strong growth has returned to Ireland one decade after the banking crisis and international bailout. But, financiers and investors fear a “no deal” Brexit — in which the United Kingdom leaves the European Union without a […]
Continue ReadingSix global banks will reportedly issue their own stablecoins backed by their national fiat currencies on IBM’s Stellar-powered payments network. Six international banks have reportedly signed letters of intent to issue their own stablecoins backed by their national fiat currencies on IBM’s now-live blockchain-powered payments network, “World Wire.” The news was jointly announced by IBM […]
Continue ReadingA judge in Tel Aviv has delivered a mixed verdict as part of a case involving Israminers and Union Bank. An Israeli court has ruled in favor of a Bitcoin (BTC) mining company after a local bank closed its account over money laundering concerns. Israeli daily business news outlet Calcalist reported the development on March […]
Continue ReadingChinese insurance giant Ping An has partnered with Ethereum-based decentralized AI startup SingularityNET. Chinese insurance giant Ping An has partnered with Ethereum (ETH)-based decentralized artificial intelligence (AI) startup SingularityNET. The latter company announced the collaboration in a press release published on Medium on March 14. Per the release, the collaboration will at first focus on […]
Continue ReadingRiot Blockchain filed with the SEC to launch a new regulated cryptocurrency exchange in the U.S. by the end of 2019 Publicly traded United States-based company Riot Blockchain has filed with the Securities and Exchanges Commission (SEC) to launch a new regulated cryptocurrency exchange called RiotX in the U.S. by the end of 2019. The […]
Continue ReadingA PwC blockchain expert states that renewable energy is insufficient in addressing Bitcoin’s massive energy consumption. Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in a study published in sustainable energy journal Cell on March […]
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