Ghana is maintaining a cautious approach to cryptocurrencies despite its central bank’s plans to launch a CBDC pilot in 2020. Ghana is maintaining a cautious approach to cryptocurrencies despite its central bank’s plans to launch a digital currency in the new year. Over the past five years, the West African country has become the fastest-growing […]
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Bitcoin futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the U.S. SEC, entitling it with the right to offer its shares to institutional investors. Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional […]
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BitFlyer introduces Instant Buy on its European exchange platform, allowing users to buy crypto using a credit card, debit card or local instant transfer. Tokyo-based cryptocurrency exchange bitFlyer announced the launch of ‘Instant Buy’ on its European exchange platform. BitFlyer launched its latest feature Instant Buy on Dec. 5 to provide its European users with […]
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Microsoft’s cloud platform Microsoft Azure announced the “Azure Heroes” blockchain non-fungible tokens aimed at rewarding its developer community. Microsoft’s blockchain-enabled cloud platform Microsoft Azure announced the “Azure Heroes” blockchain non-fungible tokens (NFT) aimed at rewarding its developer community. The tokens represent cartoonish badgers (a play on the word “badge”) and aim to compensate positive behavior […]
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Gaming industry has seen incredible advancements with the implementation of VR, AR and AI, but blockchain promises to bring even more value. Blockchain is transforming the financial industry right before our eyes, with many market onlookers anticipating a complete replacement of existing payment, trading and banking infrastructures. Blockchain and finance seem like the perfect match, […]
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“It’s obvious that nation-states can’t handle all our identities for all our lives.” Upstart crypto company Saga wants to issue a new global currency on the blockchain. Just don’t call it a stablecoin. Saga’s SGA digital currency relies on an international reserve asset called Special Drawing Rights (SDR), which was introduced by the International Monetary […]
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The crypto loans industry is a relatively new sector, and yet many platforms have already established themselves. It may seem surprising, but platforms designed for loans and lending through the use of cryptocurrencies are a relatively new development for the crypto industry. Each platform adheres to its own strategy, but the idea shared by all […]
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Major South Korean cryptocurrency exchange Upbit has lost 342,000 ETH. All users will soon be reimbursed with corporate funds. On Nov. 27, major South Korean cryptocurrency exchange Upbit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting […]
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Blockchain advisory firm Akomba Labs ran a test that shows it can cut the average block propagation time by more than 50% on the Ethereum network. Blockchain advisory and product development firm Akomba Labs conducted a test on the Ethereum network that shows it can make block propagation at least twice as fast. Coindesk reported […]
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Following the theft of 342,000 Ether from major South Korean crypto exchange Upbit, some are floating the theory of an inside job rather than a hack. Following the theft of 342,000 Ether (ETH) ($50 million) from major South Korean crypto exchange Upbit, some commentators have suggested that the hack was actually an inside job. As […]
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