Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging. Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called the toman. According to the plan, […]
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A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs. A report compiled by non-profit research institute, dGen, has found that European crypto miners believe that the region’s higher electricity prices when compared to China and Russia are offset by political stability, robust regulation, and strong […]
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Bitcoin Suisse is looking for almost $50 million of funding from investors to pursue expansion plans, which include moving into the banking sector. Swiss crypto broker Bitcoin Suisse is seeking almost 50 million Swiss francs ($51.5 million) in funding to support its plans for expansion into the banking sector. According to a new report published […]
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Analysis of the challenges and benefits of creating blockchain protocols capable of true interoperability. The recent release of a report from the World Economic Forum and Deloitte on blockchain interoperability revealed the true complications of inter-blockchain communication. Cross-chain has been one of the major discussion points in blockchain development circles over the last few […]
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Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market. Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market. Baker-Taylor has over 20 years of experience in HSBC, […]
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Regulation is one of the biggest hurdles for crypto in India as exchanges continue the legal battle to establish a clear framework. It was early in March when India’s Supreme Court delivered a historic verdict on a landmark case that promised a new era for crypto in India. The Supreme Court moved to lift the […]
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Blockchain incubator’s CEO says crypto is hot, even given current economic difficulties. Although coronavirus conditions have created global economic difficulties, cryptocurrencies could see growth amid the struggle, according to one blockchain incubator’s head. “Short-term: digital currencies suddenly look appealing,” Polyient Labs CEO Brad Robertson told Cointelegraph in a May 1 email. “If someone only looked back […]
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Serial entrepreneur Jenny Ta has launched a crypto-powered social media network and marketplace platform that promises it won’t sell users’ data. CoinLinked, a social media network and marketplace platform founded by Wall Street veteran Jenny Q. Ta, launched on May 7. The platform will feature a utility token that rewards users for activity on the […]
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Open interest has surged to a $400 million high this month, while institutional traders are increasing their exposure, not trading Bitcoin. Bitcoin (BTC) institutional investors are banking on a bull run as the latest data shows new records for the top cryptocurrency’s futures markets. As noted by institution-focused crypto analysis company Arcane Research on May […]
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A new fiat-crypto exchange has launched in India, two months after the country’s stringent ban on banks’ dealings with crypto businesses was lifted. A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses. The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6. […]
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