Blockchain Trust company Paxos has issued around $50 million worth of its recently launched U.S. dollar-backed stablecoin in the past few weeks. Blockchain Trust company Paxos has issued around $50 million worth of its recently launched U.S. dollar-backed stablecoin, according to a Tweet from a senior employee October 15. As previously reported, the Ethereum (ETH) […]
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For ICOs, fall 2018 begins with a cloudy September: the bad ‘weather’ which started at the beginning of the summer endures, but there are stable trends as for the localization and industry distribution. Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own […]
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Cryptocurrency exchange Coinbase has opened an office in Dublin in the face of Brexit. San Francisco-based cryptocurrency exchange Coinbase has opened a new office in Dublin, Ireland, according to an announcement published Oct. 15. In addition to helping expand its operations in Europe, the new Irish offices are reportedly part of a contingency plan for […]
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Former ‘Bitcoin Jesus’ Roger Ver talks about becoming a Bitcoin Cash believer, the future of cryptocurrencies and why the U.S. is the worst place for doing business in crypto. The interview has been edited and condensed. Roger Ver is one of the most famous personas in the crypto industry. He calls himself “the first investor […]
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Former CFTC chairman Gary Gensler said that coins sold through ICOs should be considered securities. Former chairman of the U.S. Commodity Futures Trading Commission (CFTC), Gary Gensler said that most tokens sold through Initial Coin Offerings (ICOs) should be classified as securities, Bloomberg reported Oct. 15. Should cryptocurrencies be considered securities, they would fall under […]
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Kenya’s government aims to use blockchain to ensure that affordable government housing will go to the rightful recipients. Kenya’s government plans to deploy blockchain technology to manage a government housing project of 500,000 units, Kenyan news outlet the Star reported Oct. 15. Within the affordable housing program the government of Kenya reportedly aims to build […]
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Crypto payment platform BitPay has started accepting stablecoins GUSD and USDC. U.S.-based cryptocurrency payment processor BitPay has started accepting stablecoins, according to an announcement published Oct. 15. The company now allows its merchants to receive settlements in Gemini Dollars (GUSD) and Circle USD Coin (USDC). Founded in 2011 in Atlanta, Georgia, BitPay provides payment services […]
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OKEx has announced new listings for four stablecoins: TrueUSD, USD Coin, Gemini Dollar, and Paxos Standard Token. The third top crypto exchange by market cap, OKEx, has recently announced the listings of four stablecoins at once, according to an official blog post published on Monday, Oct. 15. OKEx has added support for four stablecoins, including […]
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Leading South Korean financial holding company KB Financial Group has been awarded a patent for a blockchain-based fintech app security solution. Leading South Korean financial holding company KB Financial Group Inc. has been awarded a patent for a blockchain-based fintech app security solution, South Korean economic news outlets The Digital Times reports Monday, Oct. 15. […]
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U.S. investment giant Fidelity has announced the launch of a digital assets custody and trade execution company. U.S. investment firm Fidelity, which administers over $7.2 trillion in client assets, has announced the launch of a new company, Fidelity Digital Asset Services, according to an Oct. 15 press release. The new company will offer custody […]
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