After successfully completing its first hard fork in August 2019, privacy coin Beam plans to execute its second hard fork in June 2020. Privacy-focused altcoin, Beam (BEAM), will soon execute its second hard fork. This fork will upgrade its Proof-of-Work (PoW) algorithm and activate new network features. According to an April 22 blog post, Beam’s […]
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A behind-the-scenes look at the impact to and recovery from China’s blockchain industry following the initial coronavirus outbreak. The COVID-19 pandemic is threatening to plunge the world into the deepest crisis since the Great Depression and could deprive global economies of $5.5 trillion over the next two years. China’s economy shrank for the first time […]
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Crypto-banking solution Dharma has implemented a function to send U.S. dollar payments to any Twitter handle, regardless of geographic location. Blockchain banking solution Dharma has implemented a new feature called Social Payments, allowing users to send U.S. dollars to any Twitter handle. An April 21 tweet announcing the move explained that payments can be made […]
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A new Chinese Bitcoin Ponzi scheme has absorbed roughly $11 million in Bitcoin in less than one month of operating. Antimatter Kingdom (AK), a new Chinese crypto Ponzi scheme, appears to have netted $11 million worth of Bitcoin (BTC) in less than one month of operating. Upon launching at the start of April, AntiMatter Kingdom […]
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Quite like cryptocurrency itself, crypto scams seem here to stay. EOS Ecosystem, a wallet app that attracts investors to deposit EOS with promised high returns, has reportedly shut down and possibly run away with close to $52 million, according to an April 20 report. $52M is gone and more is potentially missing The local media’s […]
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Crypto pundits believe that the Libra Association has allayed most of the concerns put forth by regulators by updating its white paper recently. Following an overhaul of Libra’s original white paper that was met with strong skepticism from United States policymakers, a member of the House Financial Services Committee — Democrat Rep. Sylvia Garcia from […]
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Celo has announced 18 finalists from 15 countries in its CeloCamp accelerator program. Open-source payments network and Libra rival Celo has announced 18 finalists spanning 15 countries from its CeloCamp blockchain accelerator program hosted in partnership with digital events company Upright. The program, launched during mid-February, comprises an eight-week virtual boot-camp intended to stimulate app-building […]
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The app will enable users to convert fiat currency into BABB’s native token throughout Europe, which can be sent abroad. Crypto wallet banking and donation app BABB has announced on April 20 that they have incorporated a cash-out fiat gateway with GBP/EUR conversion in 36 countries in Europe. According to the official announcement, users can convert […]
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A cryptocurrency staking app which offers 1.5% daily returns might be a Ponzi scheme related to one that exit-scammed two years ago. A cryptocurrency staking wallet that offers users as much as 1.5% daily returns is bearing striking resemblance to a Ponzi scheme. That’s according to a Medium article published on April 19 by Jan […]
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Facebook’s Calibra is looking to create 50 new roles for its workforce in Ireland, as the firm seemingly bucks the trend of private-sector layoffs during the coronavirus crisis. Facebook’s Calibra is looking to create 50 new roles for its workforce in Ireland, as the firm seemingly bucks the trend of private-sector layoffs during the coronavirus […]
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