Venezuelan project Locha Mesh is developing devices to ensure crisis-struck regions are able to use crypto amid internet and electricity shortages. A Venezuelan team is developing Locha, a decentralized mesh network that doesn’t rely on the internet to transact with Bitcoin (BTC). The system, based on radio waves, was born in response to frequent electricity […]
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The beer conglomerate behind the Budweiser brand is using blockchain to ensure local suppliers in Africa are able to report their income and open bank accounts. AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed […]
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The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra. The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook’s controversial stablecoin Libra. In an official proposal to the Senate published on Jan. 20, APRA submitted a possible regulatory framework dedicated to […]
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The Turkish city of Konya, a major cultural and historical center of the country, is developing its own coin and blockchain ecosystem for public services. Konya, the city of the world-famous poet Rumi, might not come to mind when talking about technology, especially blockchain and cryptocurrencies. As one of the major cultural centers of Turkey, […]
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Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. A […]
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Over the course of 2019, China spent $3.6 billion on blockchain investment deals, which is nearly 41% less than in 2018. Chinese blockchain spending in areas of investment and financing deals has dropped over 40% in 2019, according to a new study by state-run sources. Over the course of 2019, China totally had 245 investment […]
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Charles Hoskinson, co-founder and CEO of IOHK, the firm behind Cardano, said that he expects the coin to see a hard fork in mid-February. Charles Hoskinson, co-founder and CEO of IOHK, the blockchain firm behind Cardano (ADA), said that he expects the coin to see a hard fork in mid-February. During a livestream on Jan. […]
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The lawyers for Alexander Vinnik, the alleged operator of defunct crypto exchange BTC-e, have filed a complaint alleging violation of Vinnik’s rights. The lawyers for Alexander Vinnik, the alleged operator of defunct crypto exchange BTC-e, have filed a complaint alleging violation of Vinnik’s rights. Written on behalf of Vinnik’s young children, the complaint has been […]
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The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force. The Cardano blockchain’s commercial arm, Emurgo, has partnered with the government of Uzbekistan to form a blockchain task force to develop regulations for security token offerings (STOs) and exchanges (STXs). In a Jan. 20 press release, […]
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Indian Technology Minister Ravi Shankar Prasad has asked the National Informatics Centre to come up with blockchain solutions to improve government schools. The Indian Telecoms and IT Minister, Ravi Shankar Prasad, has tasked the National Informatics Centre (NIC) with developing a blockchain-based solution for improving the quality of government schools. According to a Jan. 20 […]
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