Regulatory compliance is crucial for firms hoping to drive mainstream crypto adoption no matter which part of the world they operate in. Mainstream interest for cryptocurrency is becoming ever-apparent as major online payment systems such as PayPal begin to offer support for digital currencies. While a revolutionary step for both the crypto and traditional finance […]
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The world of fine spirits continues to apply distributed ledger technology. The Stin, an Austrian-based gin distiller, is set to use ICON (ICX), South Korea’s largest public blockchain project, to transparently track its supply chain. An Austrian blockchain firm, block42, will be combining near-field communication (NFC) technology with the ICON blockchain to maximize the security […]
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Virtual hackathons may allow developers to solve technical problems and create new solutions, yet it’s not all easy going for these online events. Online events are becoming more common as coronavirus cases continue to surge. So it shouldn’t come as a surprise that the blockchain community has seen an uptake in virtual hackathons this year, […]
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South Korea’s largest public blockchain, ICON, has released its Blockchain Transmission Protocol, allowing individual blockchains to interact and communicate with each other. ICON (ICX), South Korea’s largest public blockchain project, released its Blockchain Transmission Protocol (BTP) on May 28. The protocol enables interoperability between individual blockchains, facilitating value transfer, service invocation and data exchange. Connecting […]
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ICON unveils a new consensus algorithm which improves scalability and network bandwidth without sacrificing security. South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8. The new algorithm claims to make performance improvements in scalability and network bandwidth over the popular Practical Byzantine […]
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Seven major crypto exchanges and issuers are facing 11 new class-action lawsuits that were filed in a New York federal court on Friday. Seven crypto companies have been targeted by 11 lawsuits that were filed in a New York federal court on April 3. The suits were filed by Roche Freedman — the same law […]
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A new era is emerging in crypto, and only the projects quick to adapt to changing needs while delivering value will emerge successful. The altcoin market has been through tough times. At one point, the market lost over 90% of its value from its peak of $780 billion in January 2018. Many altcoin projects that […]
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Bitcoin price reached $10K over the weekend but as its dominance rate dropped many altcoins have continued to post triple-digit gains, namely BNB, XTZ and LSK. Over the weekend Bitcoin (BTC) bulls showed impressive strength as the price punched through $10,000 for the first time in 2020. Interestingly, not only Bitcoin forks have been performing […]
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This week the total value of USD locked in DeFi platforms topped $1 billion and Ether price broke through a key resistance to rally to a new 2020 high. Altcoin price action has been the talk of the town for the past two weeks — and for good reason. Since the start of 2020, altcoins […]
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XRP and XLM are following the path of other altcoins that recently broke above their long term downtrends with impressive double-digit gains. While many altcoins have been showing significant strength during the recent weeks, some have been lagging. One of these coins is XRP (XRP), which is still hovering around key support and has yet […]
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