2020 saw a number of celebrities make waves in the crypto space, from crypto-powered cities and SEC lawsuits to Bitcoin newcomers. Celebrities have long been used to promote brands, products and services to varying degrees of success, and the cryptocurrency space has been no exception to this practice. In years gone by, the biggest names […]
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Corporations and institutional investors seeking an alternate store of value amid the pandemic crisis drove crypto to new heights in 2020. The COVID-19 pandemic dominated the news in 2020, affecting myriad sectors — health, economics, social justice, politics and trade, as well as the cryptocurrency and blockchain industry. As country after country locked down to […]
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These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020. As the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption. COVID-19 has dominated 2020, and the effects of the ongoing pandemic have stifled many economies. However, the cryptocurrency […]
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Although DeFi’s market cap has surged by 2,100% over the course of 2020, critics argue that the industry needs to evolve to be on a more sustainable footing. When the history books are written about cryptocurrency, 2020 will be remembered as the year decentralized finance exploded in popularity. A powerful illustration of how this young, […]
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Mayor Francis Suarez is learning about Bitcoin from the Winklevoss twins and Anthony Pompliano. Miami mayor Francis Suarez is the latest high-profile figure to tout Bitcoin (BTC), offering more evidence that mainstream adoption is growing. In a Thursday tweet, Suarez called Bitcoin a “stable investment” during an “incredibly unstable year,” adding that he’s learning about […]
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Crypto proponents in Hong Kong say incoming cryptocurrency regulations could preclude citizens from using Bitcoin ATMs. The Bitcoin Association of Hong Kong is appealing to regulators to consider the impact of incoming laws on the city’s digital innovation agenda. In November, Hong Kong’s government announced plans to ban retail cryptocurrency trading as part of a […]
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Romania is the first EU country to use a voting reporting tool that is based on blockchain technology for national elections. For the first time in Romania, the recent national parliamentary elections, which were held in November, used blockchain technology with the main purpose to guarantee the integrity of the electoral process and to strengthen […]
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As a developing tech power, China is one of the fastest countries in adopting blockchain technology. 2020 has been a year full of challenges for the world, but for a country like China with such a large population base and rapid development, it has also been a year of opportunities. On Oct. 24, 2019, China […]
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The stablecoin issuer is pursuing ambitious plans in the expanding crypto space. United States-bases stablecoin operator Paxos has raised $142 million in fresh funding from investors including PayPal and Mithril Capital. The stablecoin issuer announced the news on Thursday. U.S. investment firm Declaration Partners, backed by billionaire David M. Rubenstein, led the funding round with […]
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Electronics giant LG is supporting a new Vietnamese blockchain initiative through its IT and consulting subsidiary. A subsidiary of global conglomerate LG will participate in the mainnet launch of a Vietnamese hybrid blockchain project, KardiaChain. LG CNS, an IT and consulting subsidiary of LG Corporation, has partnered with KardiaChain to act as a validator for […]
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