Increasing stablecoin use and the rise of DeFi has made Ethereum the most used blockchain. For the last month Bitcoin (BTC) price has traded in a tight range and trading volume has been relatively flat. Meanwhile, several tokens on the Ethereum network have been topping the price charts, especially the Decentralized Finance (DeFi) tokens. New […]
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Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Innovation springs eternal in the digital asset ecosystem, and with Compound’s launch of its governance token, COMP, last month, the burgeoning world of decentralized finance continues to pick up steam. The broader cryptocurrency community has […]
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Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities. Everything is bigger in Texas, and now the state with the second-largest geographical area in the United States is aiming to prove that it can lead the way in blockchain […]
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China’s Blockchain Service Network splits into two entities after the pushback from state-controlled entities on the integration of public blockchains. China’s Blockchain Service Network, or BSN, has split into two separate entities after a disagreement about the integration of public blockchains. China’s consortium was founded to promote the advance of blockchain technology in the country. […]
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Swiss blockchain investment firm CV VC and PwC released a report covering top global firms focused on implementing blockchain in art. Big Four auditor PwC and Swiss blockchain investment firm CV VC, together with Cointelegraph, have released a preview for their new periodical report devoted to blockchain technology in various industries. Published on July 21, […]
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The integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies. United Kingdom cryptocurrency custodian Copper announced support for United States dollar transfers through Signature Bank’s Signet blockchain payment platform. According to an announcement on July 20, the integration of Signature Bank’s Signet […]
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The crowdfunding model in crypto is far from dead, as Republic illustrates with a compliant profit-sharing token that distributes the proceeds from successful equity investments. The crypto industry has long been a testing ground for crowdfunding initiatives. Although previous models, such as the Initial Coin Offering (ICO) and Initial Exchange Offering (IEO) have attracted regulatory […]
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Jamaica’s central bank has invited technology solution providers to develop and test a potential CBDC. The Bank of Jamaica invited technology solution providers to develop and test potential central bank digital currency, or CBDC, solutions. According to a statement published July 17, interested companies have been requested to submit the details of their solutions to […]
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Polkadot is now officially in mainnet mode as the last centralizing shackle has been thrown off by the network. The Polkadot blockchain is now fully decentralized and permissionless after a decision passed by community governance removed the admin rights enjoyed by the Web3 Foundation. Gavin Wood, the co-founder of Polkadot developer Parity Technologies, tweeted the […]
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The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds. On July 19, the Philippine Bureau of the Treasury along with the UnionBank and Philippine Digital Asset Exchange launched a blockchain-enabled mobile application for distributing government-issued treasury bonds. According to local news outlet Inquirer.Net, the president and CEO of UnionBank, Edwin […]
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