With the Bitcoin halving less than three weeks away, pundits predict the hash rate distribution to revert to the optimized pre-halving state. With the Bitcoin (BTC) halving only weeks away, anticipation appears to be building up as Google Trends data for the event show online searches reaching an all-time high. Bitcoin’s block reward halving comes […]
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Israeli blockchain startup Orbs has come up with an idea to encourage people to self-quarantine by using a newly launched app. Crypto- and blockchain-focused companies around the world have been making efforts to support people amid the coronavirus pandemic, with some of them donating funds to nonprofits and providing supplies to hospitals. Israeli blockchain startup […]
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The Dutch central bank says The Netherlands is well placed to develop and trial a digital Euro. The Dutch central bank wants to be the proving ground for central bank digital currencies (CBDCs) in the European Union. In a 45-page report released by the bank on April 21, the De Nederlandsche Bank (DNB) said it […]
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The Industrial and Commercial Bank of China has a lot of positive opinions on blockchain technology. The Industrial and Commercial Bank of China (ICBC) has released a white paper on blockchain technology applications in finance. According to Sina Finance, the paper is the first of its kind in the banking sector. The document analyzes the […]
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Crypto pundits believe that the Libra Association has allayed most of the concerns put forth by regulators by updating its white paper recently. Following an overhaul of Libra’s original white paper that was met with strong skepticism from United States policymakers, a member of the House Financial Services Committee — Democrat Rep. Sylvia Garcia from […]
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The coronavirus pandemic is changing the global narrative about the crypto space, India is not the exception: What to expect in crypto law updates from India? In one of 2020’s biggest stories about cryptocurrencies so far, the Indian Supreme Court struck down a blanket ban on trading cryptocurrencies issued by the Reserve Bank of India […]
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Celo has announced 18 finalists from 15 countries in its CeloCamp accelerator program. Open-source payments network and Libra rival Celo has announced 18 finalists spanning 15 countries from its CeloCamp blockchain accelerator program hosted in partnership with digital events company Upright. The program, launched during mid-February, comprises an eight-week virtual boot-camp intended to stimulate app-building […]
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Tencent’s digital bank WeBank is integrating the DAML smart contract language for the chain that will undergird China’s national Blockchain-Based Service Network. Tencent’s digital bank WeBank is exploring the integration of the DAML smart contract language for its consortium blockchain FISCO BCOS — the chain that will undergird China’s national Blockchain-Based Service Network (BSN). On […]
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DYdX’s billion-dollar milestone comes amid a challenging period for DeFi, with MakerDAO recently completing its debt auction and dForce suffering a 99.95% loss to hackers. Decentralized finance — of DeFi — lending protocol dYdX has produced more than $1 billion in loans since launching one year ago. The milestone was driven by consecutive monthly all-time […]
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Central Bank of China claims that digital Yuan will not cause inflation. The Bank of China’s secretive digital currency tests have led to tremendous curiosity among Chinese citizens. Recently, the bank responded with an official explanation of the proposed digital Yuan and how it would work. A bank representative confirmed on the China Central Television […]
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