Cryptocurrency-collateralized synthetic currency models can have enormous implications in the traditional finance industry. Why are crypto synthetic assets a big deal? Cryptocurrency-collateralized synthetic currency models powered by smart contracts can have enormous implications in the traditional finance industry. In their essence, these models offer cryptocurrency holders the leverage to trade traditional assets as well as […]
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The recent market crash could be Bitcoin’s biggest opportunity since its creation in 2009, BitMEX says. BitMEX, the world’s second largest crypto exchange by daily trading volume as of press time, believes that amid the ongoing global coronavirus crash, Bitcoin faces its biggest challenge and the opportunity to prove its potential during the global financial […]
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The CBDC race has long been on, and some countries might finish sooner rather than later. The race for central-bank digital currencies has been on for some time now, and since the development of the digital yuan may have been postponed due to the coronavirus pandemic, other countries could beat China to the punch. Almost […]
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The Steem community is forking away and relaunching the platform under the Hive name, as prominent members refuse to compromise with Tron’s Justin Sun. The Steem (STEEM) community announced its intention to create a new platform in the wake of the controversy with Justin Sun. According to a blog post published on March 18, the […]
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Two Canadian nationals will spend 24 months in a U.S. federal prison for stealing 23.2 Bitcoins in a scam executed on Twitter. Two Canadian nationals have been sentenced to two years in a United States federal prison for stealing 23.2 Bitcoin (BTC) through a scam on Twitter in 2017. According to the U.S. Department of […]
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India’s Minister of Corporate Affairs has revealed that only two cryptocurrency companies have apparently registered with the ministry. A filing submitted in the lower house of India’s parliament — the Lok Sabha — has revealed an investigation into fraudulent practices by so-called “bit coin companies” operating in the country. An official question was submitted by […]
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KuCoin exchange establishes KuGroup, a core division of the company that will manage all three of the company’s businesses. Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure business. Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup, […]
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Leading up to its token generation, Akon’s crypto project Akoin has garnered added expertise, partnering with Delchain. Akoin, a cryptocurrency project from famous singer Akon, has joined up with blockchain financial infrastructure company Delchain. “Bahamas-based digital asset management leader Delchain, an affiliate of Deltec, has provided strategic advisory services and expertise in connection with Akoin’s […]
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With the launch of ‘Nifty Gateway 2.0’, the Winklevoss-owned company is the first USD-based exchange for non-fungible tokens. Nifty, a USD-based exchange for non-fungible tokens (NFTs), announced the completion of its ‘Nifty Gateway 2.0’ revamp on March 17. The platform, which was purchased by the Winklevoss twins’ crypto firm Gemini in November 2019, describes itself […]
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Major European financial institutions have jointly launched a blockchain-based platform for the investment fund industry. Major European financial institutions are jointly launching a blockchain-based platform for the investment fund industry. The system was initially incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare, which, alongside Clearstream, Credit Suisse Asset Management and Natixis Investment Managers, […]
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