OKEx’s chief strategy officer does not agree with CoinMarketCap’s recent exchange ranking changes, calling the site “dead.” OkEx chief strategy officer, Alysa Xu, called out crypto data site CoinMarketCap, or CMC, for its recent exchange ranking rationale, proclaiming the platform dead. “Fairness and justice are the basis of all rankings,” Xu said in a May […]
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Sydney police have arrested an Australian woman for allegedly running a crime syndicate using Bitcoin to launder $3.23 million since 2017. An Australian woman was arrested by police at a Sydney shopping centre on May 1, after allegedly selling Bitcoin (BTC) for 60,000 Australian dollars ($38,800) in cash. According to a report from Daily Mail […]
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SK Telecom released the world’s first 5G phone with a blockchain-powered ID authentication service incorporated. Samsung and SK Telecom, a South Korean mobile carrier, unveiled the world’s first 5G smartphone equipped with blockchain-powered ID authentication. The phone, called “Galaxy A Quantum”, has a quantum random number generation chipset developed in partnership with Samsung Electronics. The […]
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IOV Labs recently launched a mobile payment avenue that does not require a full node to implement — but what does that all entail? Bitcoin blockchain solution startup, IOV Labs, recently introduced the RIF Lumino Light Client. The new offering “will allow to any DApp or mobile application to take the great advantages of the […]
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Tokenized technological solutions would be a better option for identity verification at scale without sacrificing people’s data and their privacy. In a rare instance of cooperation, Google and Apple, two pillars of the global tech industry, announced a joint effort to create a COVID-19 exposure tracing application for mobile phones in conjunction with world governments. […]
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A financial solution provider based on Bitcoin’s network unveiled a mobile-friendly light client, requiring no full node operation. IOV Labs, a startup that constructs financial solutions based on Bitcoin’s blockchain, has introduced another layer of scaling. “IOV Labs announced the launch of its Light Client for the Lumino Payments Network, a third-layer Bitcoin scaling solution,” […]
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The director-general of the National Bank of Cambodia revealed that the central bank’s DLT payments platform will go live by the end of the year. Cambodia’s central bank will launch a distributed ledger technology (DLT) network to enable greater interoperability in the country’s payments sector and to take on the almighty greenback. Consumers will be […]
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The United Nations has released a report to raise governmental and international awareness for blockchain’s application in the seafood value chain. Blockchain has become one of the most discussed technologies in relation to supply chain management, given its ability to provide transparency and traceability within a number of value chains. The Food and Agriculture Organization […]
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Notable entrepreneurs are backing the seed funding round led by Pathfinder that aims to strengthen Lolli’s app. Bitcoin rewards company Lolli has announced on May 11 the close of an oversubscribed $3 million seed II funding round led by Pathfinder and investors like Michelle Phan, Ashton Kutcher and Guy Oseary. According to the announcement, the […]
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Emerging technologies such as blockchain are reshaping the landscape of the traditional financial system in Europe. By spring 2020, it became inescapable that we now live in a world with an unraveling future. The once-imminent shift, now fueled by the coronavirus outbreak, has accelerated the pace of technological adoption, and the financial field was among […]
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