A South Korean fintech firm has released KRWb, which is purportedly the first stablecoin tied to the value of the South Korean won. South Korea-based fintech firm BxB Inc. has launched the first supposed stablecoin backed by the Korean won, according to a press release shared with Cointelegraph on Jan 29. There was an initial […]
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sponsored The company says it has developed a new ecosystem that includes three payment methods based on the blockchain, plus an exchange platform, cloud mining and investment banking structure. A startup named Pyrex says it has created the “next generation cryptocurrency,” which enables untraceable payments and unlinkable transactions. Its ecosystem includes three separate but interchangeable […]
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Ukrainian crypto exchange Liqui has reported it is shutting down operations, citing lack of liquidity. Ukraine–based crypto exchange Liqui is shutting down its services, citing a lack of liquidity, Cointelegraph Japan reports today, Jan. 28. Liqui said it decided to close all accounts and stop providing services because it currently does “not see any economic […]
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Deutsche Börse, HQLAx have been actively working on their blockchain-based securities platform, announcing that six banks having launched integration. Major global securities marketplace Deutsche Börse has reported it is “making significant progress” on its blockchain-based securities lending platform, according to an official press release on Jan. 29. The platform is being co-developed by the German […]
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Riccardo “Fluffypony” Spagni has said he expects regulatory arbitrage to become an increasingly prevalent phenomenon in the crypto space. Monero (XMR) core developer Riccardo “Fluffypony’” Spagni has said he expects regulatory arbitrage to become an increasingly prevalent and impactful phenomenon in the crypto space in coming years. Spagni made his remarks during a panel at […]
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Jan Van Eck, CEO of Van Eck Associates, suggested that Bitcoin investors moved to gold during an interview. Jan Van Eck, CEO of Van Eck Associates, suggested that Bitcoin (BTC) investors have moved to gold during an interview with CNBC published on Jan. 26. Van Eck declared that he thinks “that Bitcoin pulled a bit […]
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The Bank of International Settlements has released a contentious report on the future of Bitcoin’s use of the proof-of-work consensus. A recent report from the Bank of International Settlements (BIS) has cast a spotlight on the efficacy and longevity of the proof-of-work (PoW) consensus and the future of Bitcoin. The paper takes an in-depth look […]
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sponsored A decentralized secured loans network is enabling borrowers and lenders to set their own conditions and find a suitable match for their needs. A decentralized peer-to-peer network is aiming to streamline the experience crypto holders have when borrowing and lending their assets — and give them the chance to strike up loan agreements on […]
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Retail giant Overstock.com’s crypto subsidiary tZERO announced that secondary trading of tZERO tokens is now live. E-commerce giant Overstock.com’s cryptocurrency subsidiary tZERO announced that secondary trading of tZERO tokens is now live, according to a press release published Jan. 24. Per the release, accredited investors can trade the security tokens through a digital securities brokerage […]
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Unit-e brings a fresh angle to blockchain scalability. Amid a seemingly constant stream of new concepts claiming to be key to crypto to breaking through to the financial mainstream, one immovable issue remains ever-present: scalability. The crypto community is abuzz with new projects relating to the issue, from the Bitcoin (BTC) Lightning Network to a […]
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