Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end? Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance. The post points out that all crypto companies, exchanges included, will soon offer users […]
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Over-the-counter digital currency trading and lending firm Genesis has closed the fourth quarter of 2019 with record high loan originations since its inception. Over-the-counter digital currency trading and lending firm Genesis closed the fourth quarter of 2019 with record high results in loan originations since its inception. Per a Jan. 30 press release, Genesis facilitated […]
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Former Coinbase COO Asiff Hirji will be leading the expansion efforts of Figure, a financial services company using blockchain to replace paper documents. Asiff Hirji has joined Figure, a U.S. lending company utilizing blockchain to process the loans, a Jan. 30 press release revealed. Hirji will be company’s new president, having previously served as president […]
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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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Decentralized apps saw greater transaction volumes in 2019 but low user retention, and difficult to use apps still stall mainstream adoption push. Decentralized apps (DApp) continue to be a major focus point for developers in the crypto space. However, 2019 ended with DApps still far off from reaching their much-touted potential of being the “future […]
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Crypto lending company Celsius will add compounding interest on deposited tokens starting on February 1. Cryptocurrency lending and borrowing platform Celsius announced that it would be implementing compounding interest on cryptocurrencies deposited in its wallet, starting Feb. 1. The announcement came with a number of other updates in a Twitter AMA (ask me anything) with […]
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From Coca-Cola and Maersk to the giant gaming industry and government: Technology that stands behind crypto has become more and more usual. As Bitcoin enters its twelfth year, the past eleven offer a meaningful amount of time to identify key trends that have emerged around cryptocurrencies and blockchain technology. These trends provide insights that are […]
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Enterprise Ethereum Alliance members can now test their blockchain applications within a new testnet, which does not require a full-scale roll-out. Members of the Enterprise Ethereum Alliance (EEA) can now test their blockchain applications within a new testnet, which does not require a full-scale roll-out. In a press release shared with Cointelegraph on Jan. 15, […]
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The Foin project has released an official explanation of why its token tanked after the purported price pump. The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump. […]
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Africa is the fastest-growing mobile market and it could possibly make this continent the world’s biggest payment systems based on blockchain tech and unbanked industry. The vast swathes of Africa’s fertile lands may ultimately prove a central arena for the ground-up development of innovative digital infrastructure and green energy projects. Recent pivotal moments in African […]
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