Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency the Nigerian Naira. Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency Nigerian Naira (NGN) on Oct. 24. Binance adds three new NGN trading pairs Per the announcement, NGN deposits will be processed by online payments processor Flutterwave and the […]
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Bank of Lithuania has selected IBM and IT services firm Tieto as the finalists for its blockchain platform dubbed LBChain. Lithuania’s central bank, Bank of Lithuania, has selected technology behemoth IBM and IT services firm Tieto as the finalists contending to develop its blockchain platform. Financial technology news outlet FintechFutures reported on the contest’s developments […]
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Swiss crypto broker Bitcoin Suisse has purchased a minority stake of CoinRoutes Inc., a provider of pan-exchange smart order routing and algorithmic trading software. Swiss crypto broker Bitcoin Suisse has purchased a minority stake of CoinRoutes Inc., a provider of pan-exchange smart order routing and algorithmic trading software. The investment and a new director Bitcoin […]
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Binance CEO Changpeng Zhao considers Russian President Vladimir Putin the most influential person in the blockchain space. Changpeng Zhao, CEO of major cryptocurrency exchange Binance, named Russian President Vladimir Putin as the most influential person in the blockchain industry. Cooperation with the Russian gov’t On Oct. 22, in an article on RBC News, Zhao, also […]
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Binance CEO said that Russian users will be able to buy crypto on Binance directly using Russian ruble in “about two weeks.” Binance, one of the largest global crypto exchanges, will soon add support of fiat trading, starting with the Russian ruble. Adding Rubble in “about two weeks” The news was publicly announced by Binance […]
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American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange adoption. American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange (DEX) adoption. McAfee made his argument in a tweet posted on Oct. 20. Stablecoins as an interim solution […]
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Bittrex International’s trading platform to shut down in Venezuela and 30 other countries on Oct. 29, Cointelegraph en Español reports. Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries. No clear reason for the action In an email to Venezuelan customers, Bittrex International announced […]
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“I’m not buying anything,” says Tron founder and CEO Justin Sun amid recent reports suggesting that he acquired crypto exchange Poloniex. Tron (TRX) founder and CEO Justin Sun has possibly refuted recent reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex. In a tweet published on Oct. 19, […]
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South Korea has established a digital trade foundation to reduce the costs of trade with more than 90% by using blockchain technology. The South Korean government is planning to establish a digital trade foundation to reduce the costs of trade by using blockchain technology. Reduce trade costs by more than 90% On Oct. 14, South […]
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Crypto price premiums are a thing! Which countries suffer the most and how big is the difference in price for a Bitcoin? Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin. At the 2017 peak, when the Bitcoin price was trading at around $20,000 in […]
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