Binance CEO, Changpeng Zhao, hinted at the imminent unveiling of a new product called Binance Cloud in a recent Twitter AMA. In a wide-ranging ask-me-anything (AMA) on Feb. 7, Binance CEO Changpeng Zhao announced big plans for the cryptocurrency exchange in 2020. One of the most imminent and least explained was the hinted arrival of […]
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With Ether breaking through the $200 mark yesterday, a bullish $1 billion in value is now locked in the DeFi markets. With Ether (ETH) breaking through the $200 mark yesterday, $1 billion in value is now locked in the DeFi markets. Total value locked in DeFi markets, Feb. 7. Source: defipulse.com As of Feb. 7, […]
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Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end? Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance. The post points out that all crypto companies, exchanges included, will soon offer users […]
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Payments behemoth Visa is reportedly planning to change point-of-sale fees to merchants in the U.S. as part of a major update of its system. Payments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system. The development was revealed in a […]
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Financial services firm Mode, which is backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin banking app on iOS devices. Mode, a financial services firm backed by Twitter co-founder Biz Stone, has rolled out its Bitcoin (BTC) banking app on iOS devices. The British company made its app available globally, with the exception […]
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The chairman of Minsheng Bank predicts that blockchain technology will transform the Chinese economy in the next decade. Digital transformation is a national priority for China, and it’s being integrated into both enterprise and banks and other services industries. According to a Feb. 4 report from Economic Information Daily, chairman of Minsheng Bank Hong Qi […]
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LVC Corporation, the crypto subsidiary of messaging giant Line, will launch the trading of its proprietary cryptocurrency Link in Japan in April. LVC Corporation, the crypto subsidiary of messaging giant Line, will launch trading of its proprietary cryptocurrency Link in Japan in April. According to a press release on Jan. 30, LVC is also developing […]
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There were signs in 2019 that large institutions are moving closer to embracing cryptocurrency and blockchain technologies. Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood. According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the […]
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Here are the top five Bitcoin “burials” of 2019 as negative sentiments seemingly decline. Bitcoin has long been disregarded as a speculative asset class that is doomed to fail by mainstream media outlets around the world. The apathy toward the world’s preeminent cryptocurrency has been embodied by countless articles that have either hailed the death […]
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Decentralized social media is not so distant future as it might sound, meanwhile, there are serious obstacles that need to be solved before it becomes our present. Back in December 2019, Jack Dorsey, the founder and CEO of Twitter and payments operator Square, announced a new team dubbed Bluesky, to work on decentralized social media […]
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