India crypto exchange CoinDCX to provide funding to education projects that aim to strengthen crypto adoption across the country. Crypto exchange CoinDCX has announced on March 12 a $1.3 million funding towards increasing awareness and adoption of cryptocurrencies in India. According to the company, the funds will go towards a long-term project called TryCrypto, which […]
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The crypto markets are showing some buying at lower levels, which is a positive sign as it shows that investors are accumulating on dips. The US Federal Reserve is at it again. For the second time this month, the Fed has done an emergency rate cut. On March 3, a 50 basis point cut was […]
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Analysts were predicting a recession for years and it should not come as a surprise, according to market research firm Crebaco. Analysts had predicted a recession for years and it should not come as a surprise, according to crypto-focused market research firm Crebaco. Crebaco claims in a report shared with Cointelegraph that the recession that […]
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Fast transaction speeds are an untapped opportunity for those who want to accelerate profits this year. Crypto markets move at the speed of light, but many financial institutions today are still using cumbersome cold storage and hardware wallets — the most well-known digital asset security methods — to secure their coins. However, institutions are realizing […]
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Experts believe that BitMEX’s lack of transparency during the recent outage caused investors to lose some confidence in the exchange. On March 13, trading giant BitMEX was thrust into the middle of a controversy that saw the premier exchange face an operational outage that lasted for about 25 minutes. During the downtime, rumors spread throughout […]
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Major digital asset platform Bakkt has completed a new $300 million funding round, its second funding round after securing $182 million in late 2018. While cryptocurrency markets are experiencing another crash this Monday, major digital asset platform Bakkt has some good news. Referred to as one of the most promising crypto-related initiatives for its physically […]
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Blockchain-based social media startup Sapien unveiled a platform revamp and collaboration with Matic Network. Ethereum-based social network Sapien has unveiled updates to its platform, as well as a partnership with the initial exchange offering project, Matic Network. “After several months of development, we’re launching the next release of our platform, called Alpha Persei,” Sapien Network […]
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Amid a wind-down on coal and nuclear energy production in Germany, blockchain technology is being used to construct decentralized networks of clean energy producers. Royal Dutch Shell subsidiary Sonnen Group announced a partnership with the Energy Web Foundation (EWF) to use EWF’s blockchain to create a virtual power plant (VPP) in Germany on March 12. […]
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The Reserve Bank of Zimbabwe is reportedly working on a regulatory sandbox that would help fintech and crypto companies operate in the country freely. The Reserve Bank of Zimbabwe (RBZ) is reportedly developing a regulatory sandbox for cryptocurrency companies in the country. The news was reported on March 16 by local newspaper Chronicle, citing a […]
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Major cryptocurrency exchange Bitfinex listed a $280 million cryptocurrency hedge fund. Bitfinex, the major cryptocurrency exchange and partner firm of stablecoin Tether (USDT) is listing a multi-million-dollar cryptocurrency hedge fund. The exchange announced on March 16 that it has listed Bahamas-based crypto hedge fund Fulgur Alpha, which is currently worth $280 million dollars. According to […]
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