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Blockchain Technology Stirs Interest amongst the US Congress
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The US government is now looking for more insights regarding the utilization of blockchain technology in the commerce industry. Led by a group of congress representatives, the bill (H.R.8153) was brought forward to the government on September 1st, 2020.



The main objective the bill seeks to...

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By: Wayne Jones

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#DeFi #USCrypto #USA
Top Cryptocurrency Exchanges Thriving Despite the Recent Market Crash
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After reaching a peak market capitalization of over USD 406 billion on Sep. 2, the crypto market crashed, and all significant cryptocurrencies got hit hard. Several prominent cryptocurrency exchanges were consequently affected by the dump.



However, some exchanges seem unaffected. Despite the...

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By: Wayne Jones

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Bitpanda Launches VeChain Foundation, Offering VET GiveAways
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On 7th September 2020, VeChain Foundation, on its Twitter account, announced the availability of VET tokens on Bitpanda. VET token is a native token, used to settle smart contracts over the VeChain’s network. VeChain users can also use their token to make payments for transactions on d...

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By: Wayne Jones

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#Bitpanda #FiatToCrypto #IOTAHub #VeChainThor #VET
Diamond Investment: Will A Diamond-backed Crypto Make it Profitable?
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Asset-backed crypto investment is on the rise, integrating blockchain technology with tangible assets. Token-backed commodities for assets like gold and silver are already in the crypto space. Some of the gold-backed tokens are Digix Gold Token (DGX) and Pax Gold (PAX).



An example of a...

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By: Wayne Jones

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#DigixGoldToken #EthereumBlockchain #JPMorgan #NonFungibleTokensNFT #PAX
Mastercard Unveils CBDC: The Customizable Testing Platform
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Mastercard announced a virtual testing platform for central banks to evaluate CBDC use cases. The platform is set to help central banks assess and explore national digital currencies.



Around the world, central banks are opening up to the idea of creating their digital currencies. A recent...

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By: Wayne Jones

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#Blockchain #BlockchainSolutions #CBDC #Decentralization
At Least 3 Nations to Adopt CBDC by 2030, Predicts dGen
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Global financial institutions continue to get an appeal towards CBDCs as the world integrates digitization and other technological innovations. Three to five nations worldwide are a minimum of those likely to exchange their current fiat currency with a financial institution digital currency...

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By: Wayne Jones

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#DigitalCurrency #DigitalYuan #Euro #EuropeanCentralBank #USD
Euro-zone to Reveal Their View on Central Bank Digital Currencies
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Christine Lagarde, President of the European Central Bank, has announced that a panel of ECB will soon reveal their view on whether the region needs to create a digital version of its currency. In a virtual event with German's Bundesbank on Thursday evening, she said that such an initiative might...

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By: Wayne Jones

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#Bitcoin #CentralBankDigitalCurrency #DigitalYuan #Euro #EuropeanCentralBank #Fiat
Lagarde: ECB Will Consult the Public on the Digital Euro
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The European Central Bank is exploring both pros and cons of implementing a digital euro, ECB President Christine Largade said yesterday. ECB expects to publish its findings in the coming weeks before launching a consultation on CBDCs.



Across the world, major central banks are addressing and...

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By: Wayne Jones

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#Bitcoin #Bundesbank #CBDCs #DigitalYuan #EKrona #EuropeanCentralBank
Yearn.finance (YFI) To Earn A Listing on Coinbase Pro
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On Thursday, September 10, Coinbase pro mentioned that it is planning to launch Yearn.finance. After the launch, locations that support Coinbase will enjoy YFI on Coinbase, apart from New York State.



Coinbase also pointed out that on Monday, September 14, they will start accepting inbound...

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By: Wayne Jones

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#CoinbasePro #COMP #DeFi #MKR #YFI
Cypherium Launches Governance Token Sale Hosted on TokenSoft
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On Sep 11, 2020, Cypherium, the enterprise-focused blockchain platform, unveiled plans to raise capital via a secondary token sale hosted on TokenSoft. Headquartered in New York, the blockchain company built a pioneering cross-chain interoperability solution for CBDC-powered cross-border...

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By: Wayne Jones

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#Amazon #Blockchain #Blockfolio #CBDC #Sidechain #TokenSale
Rapper T.I Agrees to Pay Settlement for a 2017 ICO Scam
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Chris Harris, commonly recognized as the rapper T.I, agreed to pay $75,000 to a U.S. regulator to settle charges for selling swindle-related token investments. T.I.'s four other associates, including film producer Ryan Felton, found themselves in the same situation for the same.



The SEC claims...

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By: Wayne Jones

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#Crypto #CryptocurrencyInvestments #ICO #ICOScam #SEC
Bitcoin Cash Lead Developer Accused Of Unfair Practices
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Over the past few weeks, disagreements within the Bitcoin Cash (BCH) community have intensified, leading to talks of a new fork from Bitcoin ABC developers.



The feud between rival developer camps has now taken a new turn after the ABC camp threatened pro-BCHN members with legal...

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By: Wayne Jones

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#ABC #ASICseer #BCH #BCHN #Crypto #DifficultyAlgorithmAdjustment
Ethereum Hashrate Skyrockets for the First Time in 2 Years
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For the first time in over two years, the Ethereum hashrate shot upwards, reaching nearly 250 terahashes a second. The closest it has been to the 300 TH/s recorded in August 2018, with it going down or stagnant until in July this year when it spiked.



The explosive increase in the ethereum...

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By: Wayne Jones

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#BTC #DeFi #ETH #Hashrate #PoW #Qtum
Eastern Europe Takes Lead in Overall Crptocurrency Adoption
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In a research by Chainalysis, Ukraine and Russia rank first and second respectively to adopt cryptocurrencies like bitcoin. Even though most of this activity is legitimate, Eastern Europe leads in darknet marketplaces and ransomware schemes.



Ukraine and Russia rank as the top two countries in...

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By: Wayne Jones

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#BitMEX #Chainalysis #Crypto #Darknet #Hydra #Kraken
New Regulatory Rules, A Relief for U.S. Crypto and Fintech Firms
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After 48 state regulators agreed to new regulatory rules, money transmitters like Western Union, PayPal, and cryptocurrency firms will expand across the United States. The set of supervisory regulations aim at reducing compliance costs.



On Tuesday, the Conference of State Bank...

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By: Wayne Jones

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#Crypto #CryptoRegulations #CSBS #Fintech #PayPal #WesternUnionCrypto
Tezos Blockchain To Control France’s CBDC Experiment
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On 15th September 2020, Societe Generale- Forge chose Tezos blockchain for an experiment to develop Central Bank Digital Currency. A press release by Nomadic Labs broke the exciting news to the crypto world showing France's dedication to digital currency adoption.



The French government,...

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By: Wayne Jones

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#Blockchain #CBDC #NomadicLabs #PoS #Tezos
Kraken Licensed for First Cryptocurrency Bank in Wyoming
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Cryptocurrency DEX Kraken received approval from a state regulator in the U.S. to launch a crypto bank under an SPDI charter. According to the announcement on September 16, Kraken Financial, its new name, will have headquarters in Wyoming and be regulated by the Wyoming Division of Banking under...

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By: Wayne Jones

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#Blockstream #Cryptocurrency #DigitalAssets #KYC #SPDI
Uniswap Launches UNI Shortly After Release to Counter Sushiswap Competition
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The decentralized exchange, Uniswap, has launched its token, UNI. A few minutes after 8:00 pm ET on Wednesday, Uniswap automatically allocated 400 UNI tokens to any wallet address that had interacted with the protocol before September 1; It issued over 66 million UNI tokens, claimed in under 24...

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By: Wayne Jones

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#DeFi #ERC20 #LiquidityPool #Sushiswap #UNI #YieldFarming
Tether Goes Beyond the $15 Billion Market Milestone
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The U.S. Dollar-backed stablecoin Tether(USDT), just hit and surpassed the $15 billion in total market capitalization, according to a twitter post. Driven by the booming decentralized finance, it was able to hit the milestone on September 17.



Tether’s market cap increased by $3 billion in just ...

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By: Wayne Jones

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#Binance #Bitfinex #ERC20 #Ethereum #Stablecoin #USD
The EU Intends for Crypto-assets Regime to be Up and Running by 2024
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The European Union (EU) intends to introduce a set of rules in the next four years that will utilize blockchain and crypto-assets such as stablecoins to reduce the hustle of cross border payments.



The Sun newspaper published a report stating that two EU documents have explained its strategy to...

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By: Wayne Jones

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#BlockchainTechnology #Covid19 #CryptoAssets #DLT #MasterCard #Visa
Staking Sets as the Trending Crypto Investment in 2020
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Over the last year, more people have been paying attention to staking to earn passive income with crypto. Averting from the widespread belief that huge profits can only be made from buying cryptocurrencies at low prices and selling them when prices go up, staking seeks to reduce PoW risks.



As...

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By: Wayne Jones

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#Cardano #FigmentNetworks #MyContainer #PoS #PoW