Joe Lubin’s long path from managing a lab in Princeton to building the technology serving as “an organizing principle for earth, the world, the planet.” Canadian entrepreneur and software engineer Joseph Lubin helped spearhead the development of the open-source smart contract blockchain platform that came to be known as Ethereum. Lubin has long believed that […]
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The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances. Another major financial institution has partnered with blockchain-based payments firm Ripple. The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances, according to a Feb. 11 report […]
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Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues. On Feb. 3, Bitspark co-founder and CEO George Harrap officially announced the platform’s plans to shut down its services on March 4, 2020. According to […]
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China leads the blockchain-based mobile digital payment revolution. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electric energy, which is currently produced with coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require […]
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Thai Stellar-based blockchain startup Lightnet raised $31.2 million in a Series A funding round led by major financial conglomerates in South East Asia. Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries. The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates […]
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The lack of security has remained as the main issue in crypto space. What could possibly be changed in 2020? The past few years have been a watershed moment for security in crypto. As the asset class has gained popularity, more and more security breaches have been highlighted and more institutions targeted. The burgeoning industry […]
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The International Monetary Fund has encouraged the Philippines’ central bank to explore the possibility of starting to collect data on cross-border flows of crypto assets. The International Monetary Fund (IMF) has encouraged the Philippines’ central bank to explore the possibility of starting to collect data on cross-border flows of crypto assets. The IMF made the […]
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Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees. Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees, according to a blog post published on Dec. 12. SendFriend uses Ripple’s xRapid product for cross-border payments, converting between the United States dollar, […]
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Lisk’s Lightcurve team reduces workforce by 40% in an attempt to reduce operational overheads and become more agile again. Blockchain development studio Lightcurve — a part of the Lisk open-source blockchain application platform — laid off 40% of its workforce earlier this week. Lightcurve and Lisk co-founder, Max Kordek, announced the decision earlier this week […]
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ConsenSys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices would be closing down. Consensys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices will be closing down. On Dec. 11, Coindesk reported that sources familiar with the matter confirmed that the local […]
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