Major United States-based crypto exchange and wallet service Coinbase is allegedly not letting some users withdraw more than $10 per day. Major United States-based cryptocurrency exchange and wallet service Coinbase is allegedly not letting some users withdraw more than $10 per day. On Feb. 2, a Redditor and self-described Coinbase user reported that Coinbase had […]
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Researchers at the Massachusetts Institute of Technology have created a new crypto-routing scheme to speed up blockchain-based transactions. Researchers at the Massachusetts Institute of Technology have created a new cryptocurrency-routing scheme to speed up blockchain-based transactions. In an announcement on Jan. 30, MIT claimed that the new solution called “payment channel networks” (PCN) is able […]
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The deputy governor of the Bank of Japan has said the institution must be ready to issue a CBDC should public demand surge in response to technical developments. The deputy governor of the Bank of Japan has said the institution must be ready to issue a central bank digital currency (CBDC) should public demand surge […]
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Chinese entrepreneurs registered 714 blockchain firms in China this month, resulting in a total of 26,089 such companies operating in the country. Chinese entrepreneurs registered 714 blockchain firms in China this month, resulting in a total of 26,089 such companies operating in the country. According to cryptocurrency data firm LongHash on Jan. 26, the total […]
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Litecoin creator Charlie Lee recently posited the concept of LTC miner pool donations to help boost funding. Litecoin (LTC) founder Charlie Lee proposed mining pool donations as a new funding method for cryptocurrency development. “I think a better way to fund development is mining pools voluntarily donate a portion of the block reward,” Lee said […]
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Covantis, a blockchain initiative backed by global agribusiness giants like Cargill, has selected ConsenSys as a technology partner. Covantis, a blockchain initiative backed by global agribusiness giants like Cargill, has selected major Ethereum-focused firm ConsenSys as a technology partner. Within the partnership, ConsenSys will build an Ethereum-based blockchain platform to digitize the post-trade finance industry […]
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Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments. Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency (CBDC) for cross-border payments. On Jan. 22, the Hong Kong Monetary Authority (HKMA) and the Bank of […]
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Chinese experts held a seminar titled “Blockchain technology helps China’s new social credit system” on Jan. 14. Chinese technology experts held a seminar titled “Blockchain technology helps China’s new social credit system” on Jan. 14. English-language news outlet China.org.cn reported on Jan. 22 that over 20 experts from universities, research institutes and businesses attended the […]
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Six major central banks and the Bank for International Settlements jointly created a digital currency research group. The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital currencies (CBDC). According to a press release published […]
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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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