Blockchain News
US Copyright Office Says It Does Not ‘Recognize’ Craig Wright as Sa…
Even as bitoin SV (BSV) enjoyed a Craig Wright/Satoshi bump Tuesday, the U.S. Copyright Office was hard at work dispelling notions that it officially “recognized” anyone as the inventor of bitcoin.
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Codename ‘TRUEngine:’ GE Aviation and Microsoft Reveal Aircraft Par…
GE Aviation, which supplies jet engines to about 60 percent of the global airline industry, has built a supply chain track and trace blockchain with the help of Microsoft Azure.
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Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets.
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Bitcoin.com Celebrates 4 Million Wallets Created
On May 5th Bitcoin.com celebrated a milestone as the Bitcoin.com Wallet has seen a whopping 4 million wallets created since the light client launched. The wallet allows anyone in the world to participate in the cryptoconomy by offering a secure, noncustodial storage solution for bitcoin cash (BCH) and bitcoin core (BTC).
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DAI Stablecoin’s Stability Fee Nears 20% After Latest MakerDAO Vote
The dollar-pegged stablecoin DAI is still trading below one dollar but is now considered to be in a “stable” position.
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‘Up to 100 Million’ Paxos Stablecoins to Be Issued on Ontology Bloc…
Ontology is to launch the Paxos Standard (PAX) stablecoin, a cryptocurrency backed 1:1 with U.S. dollars, on its blockchain.
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Five Simple Ways to Increase Your Privacy When Using Cryptocurrency
Cryptocurrency without privacy is pointless. If your coins aren’t fungible, you lose much of the benefits of using cryptocurrency in the first place. Privacy isn’t just won and lost onchain though. In fact, much of the privacy gains to be made when it comes to sending, spending and trading crypto occur offchain, as you go about your business on the web.
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Aussie Banks Still Cold to Cryptocurrency Businesses Despite Regula…
Despite increasing regulation in the cryptocurrency sector, Australia’s major banks maintain cautious policies when it comes to cryptocurrencies. While cryptocurrency businesses appear to challenge Australian banks’ appetite for risk, many institutions permit cryptocurrencies to be purchased using credit cards.
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How EU and 5 European Nations Regulate Cryptocurrency
Leading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and its member countries are regulating crypto assets, who the regulators are in each country and the scope of their oversight. In most cases, crypto assets are overseen by several regulators.
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Philippines Now Has 10 Approved Cryptocurrency Exchanges
The Philippines is catching up to Japan with a growing number of approved cryptocurrency exchanges. The central bank has green-lighted 10 crypto exchanges so far. Meanwhile, one of the country’s largest banks now has a bitcoin ATM at one of its main branches. In addition, the Cagayan Economic Zone Authority has independently licensed 24 crypto exchanges.
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Cryptocurrency Adoption Grows Beyond ‘Bitcoin City’ in Slovenia and…
The number of stores that accept cryptocurrencies is rising in Slovenia and Croatia. Starting with merchants in one of the largest shopping and entertainment complexes in Europe, Elipay has now integrated with 300 stores in Slovenia and begun expanding into Croatia following approval by the country’s central bank.
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New $50 Million Fund Makes First Investment in Blockchain ID Startup
A new $50 million VC fund has been set up by Nasdaq-listed company Okta to invest in early-stage technology startups, including those working with blockchain.
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Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider…
South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job.
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How Crowd Power and Carrots Are Redefining Blockchain Governance
It’s not just blockchains that have to reach consensus: the people using them also need to be in agreement. Otherwise, chain splits occur, as has happened to Bitcoin 47 times and counting. Blockchain governance has traditionally been dull, involving primitive voting systems and low participation.
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UPS Targets B2B Sales With New Blockchain E-Commerce Platform
U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business (B2B) sales into the digital age.
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Borderless From Block Collider Is a High-Speed DEX That Unites 5 Bl…
Borderless isn’t like other decentralized exchanges (DEXs). For one thing, it comes with its own blockchain – or rather the Block Collider chain comes with its own DEX. Throw in the ability to perform cross-chain transfers, block times that are 3x faster than Ethereum and no limits on order size, and Borderless would appear to be markedly different from the competition.
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Canada Proposes Regulatory Framework for Cryptocurrency Exchanges
Canadian financial regulatory authorities are considering putting in place rules for cryptocurrency exchanges in the country.
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Venezuelan Economist: Cryptocurrency Is ‘Good’ Money, Bolivars Are Not
The adoption of cryptocurrencies in Venezuela, first due to hyperinflation and later due to dollarization, could come to play a role in the country’s economic rebuilding.
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LedgerPrime Raises $12 Million for Crypto Quant Trading
LedgerPrime, a digital asset investment firm led by former Wall Street whizzes, has closed on $12 million of institutional capital and secured commitments for another $8 million.
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Samsung Teases Early Blockchain Partners For Galaxy S10 Phone
South Korean tech giant Samsung looks to have revealed some of the first blockchain partners for its upcoming flagship cellphone, the Galaxy S10.
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Bitgo Obtains $100M Insurance Policy to Cover Crypto Assets
Cryptocurrency wallet service provider Bitgo has secured a $100 million policy through Lloyd’s insurance to cover crypto assets that are completely under the company’s control, such as those held in its business wallet and custody offerings. The policy covers issues like insider theft by employees, loss or damage of private keys and hacks.
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Privacy Crypto Beam Gets Funding from ‘Japanese LinkedIn’ Recruit
Privacy-oriented cryptocurrency startup Beam has secured an undisclosed amount of funding from “Japan’s equivalent to LinkedIn” Recruit Co., Ltd.
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8 Illicit Crypto-Mining Windows Apps Removed From Microsoft Store
A number of apps in Microsoft’s app store have been found to be able to illicitly mine cryptocurrency. The eight apps, discovered by Symantec on Jan. 17, hosted a version of Coinhive, a script for mining the monero cryptocurrency that has proved popular with cyber criminals.
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What We’re Missing About Institutional Investment in Crypto Winter
You would be forgiven for thinking that the crypto winter seems to have passed the institutional crypto sector by.
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The Art of Cutting Losers and Letting Winners Run in Crypto Trading
One of the most important rules for trading financial markets is cutting losses quickly and letting winners run. Generally, you want to let your trades that are in the green run as long as the market is willing to provide.
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IOTA: Almost All Tokens From $11 Million Hack Have Been Found
Almost all of roughly $11 million-worth of iota tokens alleged to have been stolen by an individual from Oxford, UK, have been found.
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Blockchain Media Startup CEO Steps Down for Tech Role at Washington…
Jarrod Dicker, CEO of the media monetization startup Po.et, has been named the Washington Post’s Vice President of Commercial Technology and Development.
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Airdrop Causes Exchange to Accidentally Send BTC to Customers
A South Korean crypto exchange mistakenly sent its customers BTC and other cryptocurrencies due to an error during an airdrop. Some users immediately sold the coins, causing the prices of a number of cryptocurrencies on the exchange to sharply fall. The exchange said, however, that the majority of customers have agreed to return the assets.
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Executives of Korean Exchange Sentenced to Jail for Faking Volumes
Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won.
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How the US Government Shutdown Is Halting Crypto Progress on Wall S…
The longest government shutdown in U.S. history is hurting the crypto industry, too. As the impasse in Washington stretches into its record-breaking fourth week, the closure of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has put key developments – namely, the approval and launch of products and services involving cryptocurrencies – on hold.
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