Offchain Labs, an enterprise-focused blockchain startup, has launched an Alpha version of its Ethereum scaling solution with new investment from Coinbase. Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum. Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed […]
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Global peer-to-peer Bitcoin marketplace Paxful and Colombia-based blockchain company Coinlogiq, will bring 45 new crypto ATMs to Colombia and Peru. The global peer-to-peer Bitcoin (BTC) marketplace, Paxful, and Medellin-based blockchain company, CoinLogiq, are joining forces to bring 20 new crypto ATMs to Colombia and, later, 25 to Peru. Colombians will have access to 20 new […]
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Vanbex sells Rocket and CryptoTaxes to crypto exchange Hyperion Technologies amid ongoing investigation into alleged fraud during ICO. Securities and cryptocurrency exchange Hyperion Technologies acquired two products developed by blockchain consulting firm Vanbex Labs, which is currently under investigation in British Columbia. Vanbex announced in a post published on its blog on Sept. 4 that […]
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A guide to blockchain interoperability — one of the main hurdles in the way of mass adoption of the technology and the ways it could be overcome. Are blockchain interoperable now? The short answer is no. Not yet, at least. Cryptocurrency exchanges are still a strong medium for interoperability in the crypto space. If someone […]
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Veteran frontier markets investor Mark Mobius thinks that Bitcoin needs to be backed by gold and blockchain is risky. Famous emerging markets investor Mark Mobius believes that Bitcoin (BTC) needs to be backed by gold to have any value. Crypto and blockchain are “very risky situations” Mobius, founder at frontier markets asset manager Mobius Capital […]
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Crypto exchange Binance and blockchain trust company Paxos join forces to launch USD-backed stablecoin, approved by the NYDFS. Binance, the biggest crypto exchange by volume, and digital asset trust company Paxos announced its partnership to launch a USD-backed stablecoin, which has received approval from the New York State Department of Financial Services (NYDFS) Binance USD […]
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Binance’s venture arm led a $5.7 million Series A round to launch new decentralized blockchain protocol. A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol. According to a press release shared with Cointelegraph on Sept. 5, Binance labs has […]
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South Korea’s pop music giant SM Entertainment is building a dedicated cryptocurrency and blockchain. Korean pop music giant SM Entertainment revealed plans to build its own cryptocurrency and blockchain in partnership with tech organization CTIA Labs. CT-AI Labs CEO Sang-Sik Joo announced the initiative at the developer conference of South Korean crypto exchange UpBit, local […]
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A special edition of the new Galaxy Note 10 for the South Korean market will reward users with free KLAY tokens. South Korean tech giant Kakao Corp. will issue its affiliate cryptocurrency, KLAY, direct to Samsung smartphone users. According to the Wall Street Journal (WSJ) citing people familiar with the plans on Sept. 5, the […]
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Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” to pursue its challenging chain blockchain venture. Switzerland-headquartered food retail giant Nestlé says it has had to adopt a “start-up mindset” in order to push ahead with its challenging blockchain venture. Insights into the retailer’s blockchain development work were revealed by […]
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