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Singapore State Investor Temasek Joins Facebook's Libra Cryptocurrency Project
Friday, May 15, 2020 - 7:02am | 482Read More...Singapore state-owned investment firm Temasek Holdings Pvt. Ld. has joined Facebook Inc.'s (NASDAQ: FB) Libra Association, the latter announced Thursday. What Happened Cryptocurrency investment firms Paradigm and Slow Ventures have also joined the organization overlooking the development of the...
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Andreessen Horowitz Creates Second Cryptocurrency Fund With $515M Investment
Friday, May 1, 2020 - 7:25am | 460Read More...Venture Capital firm Andreessen Horowitz announced that it was creating a second fund dedicated to cryptocurrency investments. What Happened General Partners Chris Dixon and Katie Haun, in a joint statement, said that the firm, better known as "a16z," will focus on next-generation...
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Bitcoin Soars Past $9,000 As 'Halving' Event Looms
Thursday, April 30, 2020 - 4:27am | 467Read More...Bitcoin (BTC) on Thursday soared more than 17% at press time and hit its highest levels in nearly two months. What Happened The surge comes in anticipation of the next Bitcoin "halving," which is expected to happen around May 12. The concept of halving was built into Bitcoin by its...
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Chinese Tech Giants Tencent, Baidu, Huawei, Others Part Of Country's National Blockchain Committee
Wednesday, April 15, 2020 - 5:36am | 412Read More...Some of the biggest technology companies in China have a representation in the country's newly-created national blockchain committee, a list of members published by China's Ministry of Industry and Information Technology has revealed. What Happened Tencent Holdings Ltd. (OTC: TCEHY), Baidu...
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BMW Group Uses Blockchain To Improve Auto Parts Traceability
Wednesday, April 1, 2020 - 9:39am | 564Read More...BMW Group (OTCMKTS: BMWYY) has announced that it will adopt blockchain to improve transparency across its global supply chain, specifically targeted at the parts and raw materials procurement segment. A blockchain network, in essence, is a decentralized and immutable ledger that helps store...
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Quick Pitch: How AlphaWallet Plans To Leverage Tokens To Revolutionize Stakeholdership, Web 3.0
Wednesday, April 1, 2020 - 7:18am | 604Read More...AlphaWallet, a blockchain technology company, is building a new economic infrastructure in which businesses and consumers can interact, CEO Victor Zhang told Benzinga. About AlphaWallet Founded in 2017, AlphaWallet is a peer-to-peer distributed ledger technology. At a high level, the firm...
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Binance Raising $5M For Medical Supplies In Countries Hit Hard By Coronavirus
Wednesday, March 25, 2020 - 12:32pm | 330Read More...Binance Charity, a blockchain-powered platform for advancing philanthropic projects, has introduced Crypto Against COVID, an initiative to tackle the coronavirus pandemic. The platform said Wednesday it will raise $5 million in cryptocurrency to be distributed to countries most affected...
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Cryptocurrencies Lose $26B In A Day Following Stock, Oil Dip As Gold Rises
Monday, March 9, 2020 - 4:36am | 478Read More...The cryptocurrency market saw $26 billion erased from its market capitalization over 24 hours at press time on Monday as overall macroeconomic conditions remained unfavorable. What's Affecting The Market The number of novel coronavirus (COVID-19) cases increased over the weekend globally, with...
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Ethereum-Based Decentralized Exchanges Reach All-Time High Volume
Monday, March 2, 2020 - 9:24am | 256Read More...Decentralized cryptocurrency exchanges based on the Ethereum blockchain platform recorded all-time high transaction volumes in February, according to data from Dune Analytics. What Happened The decentralized exchanges, better known by the acronym DEX, recorded $372.2 million in transaction volume...
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Next Up For DLT Disruption? The $1.2 TRILLION Insurance Industry
Wednesday, February 26, 2020 - 5:02pm | 718Read More...The finance sector relies on numerous middlemen. And they’re making out like bandits. In traditional payment systems, you invariably go through a middleman, such as Mastercard Inc (NYSE: MA) or Visa Inc (NYSE: V) … Western Union (NYSE: WU) … or a bank that issues...
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UEFA To Distribute 1M Blockchain-Based Mobile Tickets For Euro 2020 Championship
Tuesday, February 18, 2020 - 1:09am | 285Read More...The Union of European Football Associations is selling about one million tickets for this year’s European Championship through a “blockchain-based mobile ticketing system.” What Happened The new system is designed to “make entry into the stadium smooth, safe and secure,...
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Boosting Efficiency Is Big News In Crypto, But Does It Impact Price?
Monday, February 17, 2020 - 10:11am | 489Read More...Efficiency is at the core of cryptocurrency’s appeal and value for investors, and the drive for efficiency is seemingly on the uptick in 2020. The latest development comes from research at MIT into more efficient transaction routing along the blockchain. announced this week, the new framework...
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Wells Fargo Invests $5M In Cryptocurrency Startup That Connects Banks With Exchanges
Thursday, February 13, 2020 - 11:35pm | 420Read More...The venture arm of Wells Fargo & Company (NYSE: WFC) has invested $5 million in a cryptocurrency startup Elliptic. What Happened This is the latest in the Series B round of funding for Elliptic, which saw $23 million pouring in earlier in funding led by Japanese banking giant SBI Holdings Inc...
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Google Joins Blockchain Startup Hedera Hashgraph's Governing Council
Wednesday, February 12, 2020 - 4:39am | 507Read More...Alphabet Inc. (NASDAQ: GOOGL) owned Google has become a member of the Hedera Governing Council responsible for the planning of Hedera’s blockchain network. What Happened Google will be joining the governing council for Hedera that includes 39 “term-limited and highly...
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Coronavirus Scare Leads To South Korean University Issuing Diplomas On Blockchain
Friday, February 7, 2020 - 4:36am | 382Read More...South Korea’s Pohang University of Science and Technology (POSTECH) will issue diplomas stored on blockchain to graduates thanks to coronavirus fears. What Happened POSTECH, located at Pohang, South Korea, will send its 828 new graduates an email that contains a QR code with a link to...
