In what seems as one of the biggest crypto dramas of 2020, community seems to have the upper hand. The scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the network, two of those firms […]
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Real estate marketplace Red Swan has partnered with security token firm Polymath to tokenize $2.2 billion in assets including apartments and a hemp farm. Texas-based Commercial Real Estate (CRE) marketplace Red Swan has tokenized $2.2 billion worth of real estate assets in partnership with security tokenization firm Polymath. Red Swan said it has 30,000 accredited […]
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The recent incidents with Steem show a critical vulnerability in proof-of-stake algorithms that might affect all cryptocurrencies and exchanges. The Steem blockchain reportedly experienced a troubling episode recently, whereby the blockchain’s entire governance system was disturbed. Tron founder Justin Sun, new owner of the Steemit social network based on the Steem token, appears to have […]
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CBDC’s and currencies such as Facebook’s Libra could force the U.S. to adapt to save its spot as the world’s leading currency, ING economist Carlo Cocuzzo explained. As multiple countries and entities weigh the validity of a central bank digital currency the physical United States dollar still sits in a place of dominance — but […]
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Square Crypto is now revealing the criteria for its grants program that funds Bitcoin developers working on improving its privacy, usability, scalability and other features. Square Crypto, the payments company launched by Twitter founder Jack Dorsey, is now officially supporting Bitcoin (BTC) development through a grant program. This formalizes the already significant contributions made by […]
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Africa has enormous potential for developing a sustainable fintech industry. Here is the analysis of the three flagship economics in Africa: Kenya, Ethiopia and Ghana. For many, Africa represents the final frontier of untapped economic growth. Across its diverse countries, growth rates continue to outpace those achieved in long-developed economies. Collectively, growth on the continent […]
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David Burkett, a developer working on Litecoin and Grin, has predicted that Litecoin will launch its MimbleWimble testnet before the end of summer. On March 1, David Burkett, a developer working on cryptocurrencies Grin (GRIN) and Litecoin (LTC), estimated that privacy protocol Mimblewimble will see a Litecoin testnet release before the end of summer. In […]
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A fresh surge indicates that Bitcoin miners remain wholly committed to security and profitability in line with expectations, despite weaker price action. Bitcoin (BTC) miners have set a fresh all-time high in terms of computing power they are willing to dedicate to validating transactions. Cryptocurrency market daily overview. Source: Coin360 Pomp: Hash rate shows BTC […]
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HTC has unveiled a new privacy focused 5G router that enables users to run a full Bitcoin node. Electronics giant HTC has announced a new privacy-focused portable 5G blockchain router that enables users to run a full Bitcoin node. Due to arrive by mid-year, the Exodus 5G Hub follows on from the success of the […]
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The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The US Securities and Exchange Commission (SEC) has voted to propose a set of rule changes to simply and improve the “patchwork” rules for exempt securities offerings. The […]
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