Gibraltar’s financial minister says every jurisdiction recognizes crypto payments in the absence of policies explicitly outlawing them. In an exclusive interview with Cointelegraph, Albert Isola, Gibraltar’s minister for digital and financial services, argued that every country that respects contract laws recognizes crypto payments in the absence of regulation which prohibits them. On the question of […]
Continue ReadingIn the wake of the recent pandemic, here’s how many different blockchain projects are stepping up to donate resources in the hopes of finding a vaccine. As the world is still reeling from the effects of the coronavirus pandemic, people everywhere are doing what they can to support the effort to find vaccines and treatments. […]
Continue ReadingDoes Binance’s venture into mining threaten the integrity of blockchain systems? This week marked the launch of Binance Pool, a mining platform powered by one of the world’s largest cryptocurrency exchanges. Coming less than a month after Binance’s CEO Changpeng Zhao confirmed rumors of this forthcoming addition to his brainchild company’s product family, the announcement […]
Continue ReadingThe DeFi sector will continue to grow in the future despite the difficulties that the industry has faced since the beginning of 2020, but be careful by choosing whom to trust. Decentralized finance, or DeFi for short, became a buzzword in 2019 following the valuations of MakerDao and Compound after both companies raised sizable rounds […]
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Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active […]
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During Virtual Blockchain Week, Justin Sun recounted his version of the events surrounding Hive’s controversial fork away from Steem. Speaking at the Virtual Blockchain Week (VBW), Tron founder Justin Sun presented his side of the recent events involving Tron’s “partnership” with Steemit Inc, and the subsequent hard fork that resulted in Hive (HIVE) forking away […]
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CoinMarketCap’s traffic decrease from China coincided with similar action on leading Chinese cryptocurrency exchanges. CoinMarketCap, which recently became a Binance company, released a report on Q1 crypto market performance, as seen from its perspective. One of the more interesting details is the significant decrease in users from China. As revealed by the report, published on […]
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As the global economy trembles, investors continue to find sanctuary in stablecoins, which have increased their market cap dramatically. As the global economy trembles, investors continue to find sanctuary in stablecoins. In the most recent 12-month period (ending April 29, 2020), the three top stablecoins — Tether (USDT), Circle (USDC) and Paxos (PAX) — increased […]
Continue ReadingBinance has launched support for HIVE the month after the exchange participated in a controversial governance vote that sparked the Steem hard fork. In response to customer demand, leading cryptocurrency exchange Binance launched trading support for the community-led Steem (STEEM) hard fork Hive (HIVE) on April 27. HIVE can now be traded against Bitcoin (BTC), […]
Continue ReadingChina launches its nationwide Blockchain-based Service Network for commercial use. Six months after the beta test launch, China’s Blockchain-based Service Network — or BSN — is now officially available for global commercial use. Various Chinese government officials and heads of organizations gathered for a meeting in Beijing on April 25 where they announced the public […]
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