Binance Unknowingly Earns Staking Rewards of Stellar, Adds Support

Major cryptocurrency exchange Binance has earned staking rewards on Stellar (XLM) following a change of some parameters on cold and hot wallets. In a blog post published on July 18, Binance said that it unknowingly earned staking rewards of 9,500,000 XLM ($775,000 at press time) in extra XLM tokens in the wake of specific parameter […]

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Fantom Foundation partnership with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group.

Media Release: Fantom Foundation Partnership Announcement: Fantom Foundation partnership with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group. Fantom Foundation is pleased to announce their partnership with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. This partnership will see Fantom Foundation establish an operational presence in Dubai. Dubai […]

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Jamie Dimon Says Libra Does Not Pose a Threat in Short Term

Jamie Dimon, CEO of global financial services firm JPMorgan Chase, argued that Facebook’s cryptocurrency project Libra does not pose a threat in the foreseeable future. As reported by CNBC, Dimon delivered his comments during a conference call with analysts on Tuesday, July 16. Dimon said that he would not spend too much time on Libra, […]

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Beaxy Launches Crypto Trading Platform

After 24 months of development, cryptocurrency startup Beaxy Digital, Ltd. has officially launched its trading platform, which is now live to customers in 43 US states and 185 countries, the company said on Tuesday. The platform currently supports trading pairs for 16 of the top digital assets, and comes with advanced features including TradingView charting […]

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Next Block Asia Conference Pushes Crypto Beyond in Bangkok

The sumptuous treatment at NEXT BLOCK ASIA‘s “Beyond Crypto” engraved the gathering on the minds of participants forever. Simply finishing up at the W Bangkok Hotel in Bangkok Thailand, the Eastern European gathering pioneer NEXT BLOCK initiated in Asia by facilitating a worldwide cast of participants, speakers, and specialists with sponsorship from Investing.com and TapJets […]

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Bitcoin’s Lightning Network – A Status Update

The scaling debate is, without question, one of the most contentious issues in the blockchain space. When it reached its boiling point in August 2017, Bitcoin adopted Segregated Witness (SegWit), opening the door to the creation of the Lightning Network (LN). Now active, this second-layer protocol promises the ability for Bitcoin to processes many thousands […]

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Network Effects Could Spark Blaze of Digital Money Adoption

The International Monetary Fund (IMF) has argued that network effects could spark the blaze for the mass adoption of new digital monies. In a fresh report published on July 15, the IMF aims to create a conceptual framework for categorizing new digital monies such as Facebook’s Libra and stablecoins as well to think through the […]

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Everex Announces Collaboration With Lao Development Bank

Everex and Lao Development Bank (LDB) sign agreement Singapore-based blockchain services provider EVX Holdings, Pte. Ltd., operating as Everex, has signed a Memorandum of Understanding (MoU) with Lao Development Bank (LDB) to develop and implement blockchain technology for cross-border payments and trade finance. At a ceremony attended by senior executives of LDB and Everex, Phoutsala […]

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China Police Arrest Bitcoin Miners for Stealing Electricity Worth $3m

Police in eastern China have busted a ring of illegal bitcoin miners who stole almost $3 million worth of power to create the advanced money, provoking a neighborhood influence organization to warn agents, specialists said Friday. A decentralized virtual money, bitcoin can be delivered or “mined” by banks of PCs solving complex algorithm. The mining […]

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