Paxos, the stablecoin operator behind PAX Standard, announced what it claims is the first crypto asset redeemable for physical gold. Stablecoin operator Paxos launched PAX Gold (PAXG), a gold-backed Ethereum (ETH) token. Paxos announced the launch of the product above in a press release published on Sept. 5, claiming that it is “the first crypto-asset […]
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Burger King in Germany now accepts Bitcoin payments in its mobile application. The German version of world-famous fast-food chain Burger King now accepts Bitcoin (BTC) payments in its delivery website and mobile application. Payment options on the Bklieferservice.de homepage Bitcoin recently appeared among the payment options on the website of the official German Burger King […]
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Japanese cryptocurrency exchange Liquid has revealed the digital wallet address holding the proceeds from its Gram token sale. Japanese cryptocurrency exchange Liquid has revealed the digital wallet address holding the proceeds from the Gram token sale it conducted in July. In an Aug. 30 announcement, Liquid disclosed the public blockchain wallet address that now keeps […]
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China’s central bank relies on centralization and suppression of open technologies such as blockchain, with its next step being to issue a national stablecoin. The People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project. […]
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The digital advertising ecosystem suffers from outdated infrastructure — the rise of smart contracts and tokenization could resolve industry pain points. Earlier this month, Amazon announced plans to hire blockchain experts for its advertising division. But how can the use of blockchain technology possibly resolve the pain points in the advertising industry? For the crypto […]
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According to China Telecom, the current level of blockchain smartphones’ adoption is low, while device performance is poor. Major phone operator China Telecom has released a white paper on blockchain-powered smartphones in the 5G Era. China Telecom introduced the white paper at the China International Intelligent Industry Expo on Aug. 27, according to a report […]
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BitTorrent, a company known for its file transfer service, is testing its blockchain-based live streaming platform with an intended launch in Q1 2020. Major file sharing company BitTorrent, a subsidiary of blockchain company Tron, is going to internally test its blockchain-based live streaming platform in Q3 2019. Platform overview BitTorrent announced the news in an […]
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Bakkt clients will be able to start depositing their Bitcoin in the platform’s custodial offering, Bakkt Warehouse, starting Sept. 6. Bakkt clients will be able to start depositing their funds in the Bakkt Warehouse for physically delivered Bitcoin (BTC) futures starting Sept. 6. Bakkt to debut futures trading on Sept. 23 On Aug. 28, the […]
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Physical Bitcoin futures settlement exchange CoinFlex has received $10 million in funding from Roger Ver, Polychain Capitals and other investors. Hong Kong-based cryptocurrency futures exchange CoinFlex has received $10 million through a funding round that closed last week. Recent funding and goal Asia-focused newspaper South China Morning Post (SCMP) reported the news on Aug. 26. […]
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The United States tax collecting and legislation authority, the Internal Revenue Service, sends a new round of letters to cryptocurrency holders. Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their […]
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