Why do countries forego large cash transactions and what role will cryptocurrencies play in this transformation. The Liberal Party of Australia recently proposed a draft bill clarifying that purchases of over 10,000 Australian dollars (around $6,750) in cash would not be legal. According to the government, this step will dissuade tax evasion and encourage a […]
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Since Bgogo exchange was founded last year, with some major players involved in its launch. Pantera Capital, the largest cryptocurrency fund in the world is one of their investors, together with the highly recognized organization Signum, as well as SKY9 Capital, and popular VCs like Genesis Capital and Node Capital. Bgogo developed the decentralized model […]
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Venture capitalists continue to fund cryptocurrency startups even as ICO fundraising remains significantly low. In late July 2019, Sony Financial Ventures joined a $14.5 million funding round for Bitcoin (BTC) bank Bitwala. Back in 2017 and 2018, such a figure might not have made many headlines, as crypto startups were raking in hundreds of millions […]
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The top crypto staking projects — including Tron, EOS, VeChain, NEM and Neo — according to a report by INDX, evaluated by expected yield… INDX, the Tokenized Masternode Investment Fund, has calculated the top-10 proof-of-stake (PoS) blockchains based on the expected yield of their tokens. The company did this by quantifying the volatility, volume, liquidity, […]
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The wallet provided by cryptocurrency exchange Huobi will support Tezos XTZ tokens and baking. The wallet provided by cryptocurrency exchange Huobi will support Tezos (XTZ) native tokens and baking, the wallets official Twitter account announced on July 31. Huobi Wallet to support Tezos In the aforementioned tweet, Huobi Wallet announced that it will support the […]
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Facebook’s Libra stands to be the largest DApp network to date, with over 2.4 billion active users — but will the dream be realized? The official announcement and details around Project Libra were provided to the world on June 18, 2019. Firstly, Libra was introduced: a new global reserve-backed cryptocurrency built on top of the […]
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The development team behind proof-of-stake blockchain Solana received $18 million in funding. The development team behind proof-of-stake (PoS) blockchain Solana received $18 Million in funding, according to a press release shared with Cointelegraph on July 30. Solana claims to be first web-scaled blockchain Per the release, the funding round was led by Multicoin Capital, with […]
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Ethereum is becoming the go-to blockchain protocol for enterprise business solutions based on several reasons, such as adoption, scalability and support. Ethereum currently is known as the most popular public blockchain network for the development of decentralized applications (DApps) and smart contracts. Its prospective blockchain protocol is one of the few cryptocurrency projects actually achieving […]
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With SWIFT looking to match Ripple’s transaction settlement rate, is speed the determining factor by which the success of a payment network will be measured? The emergence of blockchain technology has undoubtedly altered the course of global digital payment development. With the likes of Ripple and Facebook’s Libra challenging the monopoly of banks and other […]
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Major crypto exchange Binance has added support for multiple decentralized exchanges to its Trust Wallet by integrating with the Kyber Network protocol. Major crypto exchange Binance has added support for multiple decentralized exchanges (DEX) to its Trust Wallet by integrating the Kyber Network protocol. The development was revealed in an official announcement shared with Cointelegraph […]
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