Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry. The digital currency space has seen rapid growth and expansion in 2019, with heightened interest from governments and global corporations. Cryptos recovered from the 2018 bear market, when with Bitcoin (BTC) crashed […]
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What are the key advantages and disadvantages of CBDCs? In recent months, the race for the development of a central bank digital currency is gaining pace. The last signal was launched by Chinese President Xi Jinping, who publicly stated the need to invest public resources in blockchain, slated to be the core technology of the […]
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Rules governing crypto password storage aim to prepare the economy for the arrival of the world’s first central bank digital currency, currently in testing. China has formally implemented a law governing cryptographic password management as part of its pre-release plans for its central bank digital currency (CBDC). As English-language news media outlet China Money Network […]
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A planned schedule for escrow releases continues as XRP/USD stays near over two-year lows, with Ripple set to release at a total of 55 billion tokens. Ripple, the blockchain payment network notionally tied to altcoin XRP, has begun 2020 by releasing funds from its escrow worth $192 million. Data scanned from the XRP blockchain by […]
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Wells Fargo analyst Mike Mayo predicts that technology will enable efficiency and greater returns for banks this decade. Wells Fargo analyst Mike Mayo announced during a Dec. 30 CNBC news segment that “this is the golden decade of banks and technology.” Mayo explained that while the 1990’s had record bank consolidation (banking businesses merge with each […]
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A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin from his former colleagues in what is purported to have been an “act of revenge.” A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin (BTC) from his former colleagues in what is […]
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The Ethereum network was reportedly the target of an attacking focusing on Parity Ethereum nodes. The Ethereum (ETH) network was apparently the target of a coordinated attack, according to several analysts. Following reports that some Parity Ethereum nodes lost sync with the network, on Dec. 31, core blockchain infrastructure company Parity Technology said it believed […]
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Turkish Takasbank has launched its BiGA Digital Gold platform to provide banks with a blockchain-based system for digital gold transfers. Turkey’s Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live. Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance, […]
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BitMEX’s insurance fund now holds nearly 0.2% of all Bitcoin in circulation after growing 61% in 2019, but what exactly is it for? The BitMEX Insurance Fund has added nearly 13,000 BTC in 2019, reaching a total of just over 33,491 BTC as of Dec. 30. This is equivalent to 0.19% of the total Bitcoin […]
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Blockchain funding has decreased substantially in 2019 when compared to 2018, even though adoption is increasing. Blockchain has become a buzzword in the startup ecosystem and multinationals alike. Numerous benefits provided by the technology has incentivized businesses and governments to adopt, explore or invest in it. However, a surprising turn of events took place in […]
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