Zcash is wrapping their token on the Ethereum blockchain, and enthusiasts of both solutions will want to know the nuances to take advantage. What kinds of wrapped tokens are there? Because Ethereum is the biggest DeFi ecosystem, wrapped tokens are often those hosted on other blockchains but are also stablecoins that are pegged to the […]
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The Central Bank of the Bahamas is planning to release its own fiat digital currency in order to ensure the economy’s resilience in the event of a natural disaster. The Central Bank of the Bahamas (CBOB) is planning to release its own fiat digital currency in order to ensure economies’ resilience in the event of […]
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In a historic appearance before a U.S. House committee, the Facebook CEO didn’t say too much new about Libra. On Oct. 23, Mark Zuckerberg, founder and CEO of social media platform Facebook, appeared before the U.S. House Financial Services Committee to testify on the prospective global cryptocurrency Libra, which his company is backing. He ended […]
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Major crypto markets are forced to delist privacy coins as per FATF requirements, is it counterproductive or a step in the right direction? As Japan and South Korea — two of the largest cryptocurrency exchange markets in Asia — are increasingly pressuring exchanges to delist privacy-focused crypto assets, and concerns are rising that it could […]
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Bitcoin’s transaction activity on the blockchain dwarfs competitors around for longer, notably PayPal, whose annual volume Bitcoin beats in just 60 days. Bitcoin (BTC) has transferred $11 trillion in wealth since its blockchain first went live in 2009, according to the fresh calculations. Bitcoin “going strong” at $9.6 billion per day Uploaded to social media […]
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FSA-licensed crypto exchange Huobi Japan has raised $4.6 million from Financial Products Group, a financial instruments business operator. Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator. The development was revealed in a press release shared with Cointelegraph on Oct. 25. Future […]
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Banks have already been closed for six working days due to civil unrest, with fresh information confirming they would stay that way for an unspecified time. Bitcoin (BTC) proponents are encouraging Lebanese citizens to swap fiat for crypto after it emerged the country’s banks would stay closed. Banks to open “once normalcy restored” In an […]
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Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency the Nigerian Naira. Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency Nigerian Naira (NGN) on Oct. 24. Binance adds three new NGN trading pairs Per the announcement, NGN deposits will be processed by online payments processor Flutterwave and the […]
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The United States-based branch of major crypto exchange Binance, Binance.US, is adding support for Dogecoin tonight. The United States-based branch of major crypto exchange Binance, Binance.US, will add support for Dogecoin (DOGE), according to a blog post published on Oct. 24. Binance.US’s users will be able to trade the DOGE/USDT pair from 09:00 p.m. EST […]
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The country that tried to ban Bitcoin in 2013 is now home to some of the world’s most permissive ICO regulations. After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has […]
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