Stablecoin Tether (USDT) has gained popularity as a payment method, catching up with Bitcoin and Ether according to a Bloomberg report. Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH). As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered […]
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WeChat Pay stores payment receipts on the blockchain, says Binance CEO. Binance CEO Changpeng Zhao (CZ) took to Twitter on Oct. 25, saying that he had “got word” that WeChat Pay puts receipts on the blockchain, along with a screengrab of a receipt with a link to a block explorer. Why does CZ care so […]
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China’s Xi calls blockchain technology an important breakthrough for independent innovation, urging to accelerate its development. China’s President Xi Jinping has called for the country to accelerate its adoption of blockchain technologies as a core for innovation. Xi made the comments at a Politburo Committee session on blockchain technology trends on Oct. 24. Blockchain adoption […]
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A blockchain-based P2P financial system could make the City of London irrelevant, says a McKinsey advisor. According to a senior advisor at consultancy firm McKinsey, John Straw, blockchain could make the City of London irrelevant in the near future. He made the claim at a Computing.co.uk Live Event on Oct. 24. Straw added that this […]
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A professor at Stanford Graduate School of Business says cryptocurrencies will put an end to the windfall that banks currently enjoy from low-interest deposits. A professor at Stanford Graduate School of Business says cryptocurrencies will put an end to the windfall that banks currently enjoy from low-interest deposits. In an Oct 24 interview for the […]
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Polish authorities arrest the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other cryptocurrency exchanges. Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities. According to local news outlet wPolityce’s report published on Oct. […]
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Twitter and Square CEO Jack Dorsey says “Hell no” to the question of whether Twitter would ever join Facebook’s Libra project. Jack Dorsey, CEO of Twitter and Square, made it crystal clear that Twitter will never join Facebook’s Libra project. “Nothing within Libra had to be a cryptocurrency” On Oct. 24, per a Twitter thread […]
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As TON investors reject refund opportunity, experts weigh in on how damaging the latest developments are for the future of the project. Telegram’s ongoing saga with the U.S. Securities and Exchange Commission isn’t ending anytime soon. After the regulatory body swooped in with a last minute restraining order, Telegram has been embroiled in an increasingly […]
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Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power payments at its Las Vegas SplunkConf 2019. Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power the payments at its Las Vegas SplunkConf 2019. Payments at the conference Per a report shared with Cointelegraph on Oct. 24, conference […]
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Financial Services Committee Chair Maxine Waters said that she is still not pleased with Facebook’s proposed Libra stablecoin. Following testimony before the United States House of Representatives Financial Services Committee earlier today, lawmakers are still concerned about the possible launch of the Libra stablecoin. On Oct. 23, legislators heard statements from Facebook CEO Mark Zuckerberg and posed […]
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