The blockchain tech industry has dramatically changed over the past 10 years: Here’s what you should know about it. Blockchain is no longer just the backbone of Bitcoin (BTC) or cryptocurrencies. It is more than that. Its application in various industries is as wide as the seas. And despite the technology’s limitations and challenges, demand […]
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Membership numbers for Telegram crypto groups have dropped significantly since 2018 — but interest on Twitter is up so far this year. Cryptocurrency-related tweet volume and membership figures for Telegram crypto groups have both taken a dive since 2018 — but there are promising signs that social media engagement is starting to turn around. Joshua […]
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Demand for USDC and PAX has grown but USDT still leads among stablecoins, fiat and cryptos when it comes to volume into Bitcoin. While Tether (USDT) is currently the most popular stablecoin by far when it comes to trading volume and market capitalization, the latest Exchange Review from CryptoCompare shows that other stablecoin projects such […]
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BitGo has bought Lumina, a company that provides tax and portfolio management solutions for institutional investors. BitGo, a company previously known for its custody business, is purchasing Lumina, an integrated tax service for institutional traders. The deal is part of BitGo’s year-long strategy to diversify its crypto business. The deal, whose value remains undisclosed, was […]
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Ant Financial launched a new consortium blockchain platform for SMEs and developers. Ant Financial — the Chinese fintech company formerly known as Alipay— has launched a new consortium blockchain platform called OpenChain. According to an announcement on April 16, the platform would allow developers and small and micro enterprises to utilize innovative blockchain tools. They […]
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New DeFi consortium backed by veteran crypto investor, Polychain Capital, hits 51 members to bolster cross-chain DeFi solutions. After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital, […]
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Crypto Finance AG, the operator of several institution-oriented crypto businesses, has raised $14.5 million in a Series B funding round led by investors from across Europe and Asia. Crypto Finance AG, the operator of several institution-oriented crypto businesses, has raised 14 million Swiss francs ($14.5 million) in a Series B funding round led by well-known […]
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Cryptocurrencies can help African countries have a more efficient financial system, according to Sesacash CEO Blaise Bayuo. A new partnership in the cryptocurrency space wants to address financial inequities on the continent of Africa. Digital finance and payment platform Sesacash announced in a blog post on April 14 that it is partnering with peer-to-peer cryptocurrency […]
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Eterna and Borderless Capital join forces to launch a venture studio to accelerate DApp development on the Algorand network. Blockchain investment company Eterna and venture capital fund Borderless Capital have teamed up to launch Eterna Borderless Venture Studio, to support projects on the Algorand platform. The aim is to drive adoption and growth by providing […]
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The Dutch implementation of the EU’s anti-money laundering directive will cost crypto-businesses a fortune. The Dutch Ministry of Finance’s implementation of the European Union’s fifth anti-money laundering directive, or AMLD5, requires the country’s Central Bank to monitor its cryptocurrency industry. The cost of this supervision will be passed on to crypto-based businesses. A recent report […]
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