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THE HEAD OF OVERSTOCK: “BLOCKCHAIN TECHNOLOGY CAN IMPROVE GOVERNMENT SERVICES” The founder and head of the retail giant Overstock.com Patrick M. Byrne expressed the opinion that the blockchain can make government services “super-efficient and eliminate the possibility of bribery.” In an interview…
STANDARD CHARTERED WILL USE BLOCKCHAIN-BASED SUPPLY CHAIN FINANCING PLATFORM The multinational banking and finance company Standard Chartered has signed a Memorandum of understanding with Chinese fintech firm Linklogis, supported by Tencent. The agreement will allow Standard Chartered to use the blockchain-based Linklogis…
COINBASE WALLET ADDS KEY BACKUP FUNCTION Users of the Coinbase Wallet cryptocurrency wallet will now be able to create backup copies of keys on Google Drive or iCloud. In a statement, Coinbase said that allowing users to upload their keys to the…
BITHUMB WILL LAUNCH A LICENSED CRYPTOCURRENCY EXCHANGE IN THE UAE South Korean company Bithumb begins expansion in the Middle East with the launch of a licensed cryptocurrency exchange in the United Arab Emirates (UAE). The firm announced on Tuesday that it had…
ASIC MINERS CAPTURED 50% OF MONERO’S MINING HASHRATE According to the study, which placed the user MoneroCrusher, ASIC-miners took more than 50% Monero (XMR cryptocurrency) mining hashrate. It is interesting that the developers of Monero were almost the first initiators to make…
VENEZUELA REGULATOR HAS RESTRICTED THE AMOUNT OF CRYPTOCURRENCY TRANSFERS AND INTRODUCED COMMISSIONS The national regulator of cryptocurrencies and related activities (Sunacrip) of Venezuela has published a new decree number 41.581, which establishes the Commission for conducting cryptocurrency transfers. The decree describes “the…
THE BRAZILIAN CRYPTOCURRENCY EXCHANGE WON THE CASE OF CLOSING A BANK ACCOUNT The court of Rio de Janeiro ruled in favor of the Brazilian cryptocurrency exchange Mercado Bitcoin in the case of closing one of its current accounts. The court rejected an…
PHILIPPINE UNION BANK BEGINS INSTALLATION OF CRYPTOCURRENCY ATMs One of the largest Filipino banks Union Bank has established the country’s first cryptocurrency ATM, which will allow local users to easily exchange cryptocurrencies for Fiat funds and Vice versa. The emergence of such…
IN TEXAS, ELECTRICITY BILLS CAN BE PAID IN CRYPTOCURRENCY Texas residents can pay their electricity bills with cryptocurrency thanks to the collaboration of GridPlus Energy and local power transmission and distribution companies Oncor Electric Delivery Company and CenterPoint Energy. GridPlus Energy uses…
BINANCE COIN HAS ESTABLISHED A HISTORICAL MAXIMUM IN PAIR WITH BITCOIN On Monday, February 11th, the native token of the Binance exchange updated the historical high against bitcoin, rising in price to 0.0026880 BTC. It was the highest rate BNB against BTC…
THE CYBER POLICE OF UKRAINE EXPOSED THE MAN WHO STOLE FUNDS FROM CRYPTO-WALLETS OF 720 THOUSAND UAH Employees of the cyber police exposed a man-a resident of the Kiev region, who stole funds from the crypto-wallets of the exchange’s clients for online…
LIGHTNING TORCH INITIATIVE CONTRIBUTED TO THE GROWTH OF LIGHTNING NETWORK UP TO 6000 NODES The Lightning Network continues to grow rapidly in the Bitcoin blockchain. Resource datam of 1ML.com confirm that the number of active nodes, channels, and total bandwidth of Lightning…
HUOBI REPORTED A 100% INCREASE IN TRADE VOLUMES FOR 2018 Large crypto-exchange Huobi reported that compared to 2017, the trading volume on the platform increased by 100%. Despite the “cryptocurrency” and the global trend of staff reduction in companies, the Singapore exchange…
BITFURY HAS LAUNCHED UTILITIES FOR SELLERS AND DEVELOPERS OF LIGHTING NETWORK Well-known developers of blockchain solutions-Bitfury company-presented a package of utilities to increase the adoption of the bitcoin network of Lightning Network’s second level. The software package is still in development process,…
SCAMMERS ATTEMPT TO HOLD ANOTHER ROUND OF FINANCING FROM BAKKT The sensational news that the long-awaited launch of the BAKKT crypto-platform will take place on March 12, begins to break into the information space. Its origins lie on the portal of bakktplatform.io,…
LITECOIN AND BEAM FOUNDATION HAVE ANNOUNCED A PARTNERSHIP As reported by the creators of the cryptocurrency Beam in their blog, representatives of the Litecoin Foundation are interested in the possibility of integration Litecoin into Mimblewimble technology, which allows to obtain maximum anonymity…
GERMAN POLICE ARRESTED SIX SUSPECTS IN THE THEFT OF ELECTRICITY FOR MINING In the German city of Klingenthal, Saxony province, police arrested a group of suspects in the theft of electricity to maintain a mining farm. According to reports, police found 49…
BITCOIN SUPPORT IS ADDED TO COINBASE WALLET Cryptocurrency wallet “Coinbase Wallet” was launched about six months ago, but only now the US cryptocurrency exchange has decided to add support for bitcoin. “Our goal is to create the world’s best cryptocurrency wallet for…
AMAZON USERS VOTED TO RELEASE THEIR OWN CRYPTOCURRENCY Popular financial portal Investing.com conducted a survey among customers of Amazon retailer, according to the results of which it turned out that buyers would like to see a wider range of goods produced by…
ON ANDROID USERS OF THE OPERA BROWSER WILL NOW BE ABLE TO BUY ETHEREUM FOR FIAT Opera Company opened the possibility for users of its browser for Android to buy Ethereum cryptocurrency (ETH) for fiat money directly through the built-in crypto-wallet. The…
