Month: April 2020

On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges.  How the new legislation would change the Cayman Islands’ crypto industry The Virtual Asset Service Provider Bill would establish definitions and registration requirements for companies providing crypto services including exchanges, custodians and decentralized
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Blockchain scalability solution, Matic, launched a privacy-focused coronavirus tracking mobile application. According to an April 29 announcement, the new app — dubbed Tracy — leverages the Matic network for contact tracing and quarantine management. The solution also uses decentralized data storage solution, MóiBit, to store sensitive data. Per the announcement, Tracy is the first blockchain-based
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Today’s Brave desktop browser update (version 1.8) features the Binance widget, the first exchange-browser integration of its kind. Brave and Binance announced their integration on March 24, and until today a preview version of the widget was featured in Brave’s Nightly and Beta versions for testing. Brave’s browser currently has over 13.5 million monthly active users, and Binance is the world’s
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Bitcoin (BTC) bounced off $8,500 on April 30 after fresh volatility saw the largest cryptocurrency shed 8% in hours. Cryptocurrency market daily overview. Source: Coin360 BTC price tests reclaimed support Data from Cointelegraph Markets and CoinMarketCap showed a swift reversal for Bitcoin on Thursday trading, diving from highs of $9,440 to lows of $8,530. At
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According to a report by UKAuthority published on April 29, 2020, U.K.-based Open University (OU) has developed the world’s first blockchain-powered prototype mobile application that can certify COVID-19 immunity results. Blockchain-Enabled App to Certify COVID-19 Immunity Results Tech researchers from the OU’s Knowledge Media Institute have developed a prototype mobile phone app to facilitate verification
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New York, NY, April 30, 2020 – The team behind Props, a network built to reward application users with a financial stake in the network they contribute to, announced today that it has raised approximately $2M* in token-sale financing from a number of funds and strategic partners led by Union Square Ventures (USV) and Borderless Capital, with
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April 28, CipherTrace launches Armada, a product designed to eliminate risky cryptocurrency blind spots for banks and financial institutions. Unlike other products by CipherTrace and many similar products by its competitors, Armada focuses on the off-chain data instead of on-chain data. It can work in tandem with banks’ existing monitoring tools: “To identify transactions with
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Bitcoin popped to fresh quarter highs Wednesday as the US Federal Reserve warned of a “medium-term” economic disaster. The central bank decided to maintain its benchmark lending rates near zero while calling for further stimulus support from Washington. The dovish outlook helped to send all leading assets higher, including the Wall Street index and Gold.
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Cryptocurrency trading in Malaysia has surged as the country endures an extended lockdown, costing its economy an estimated $550 million a day. Regulated cryptocurrency exchanges are reporting substantial growth in trading volumes and new users as people seek “a good store of value in difficult economic times.” Increased Crypto Trading Volumes and New Users Interest
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In response to customer demand, leading cryptocurrency exchange Binance launched trading support for the community-led Steem (STEEM) hard fork Hive (HIVE) on April 27. HIVE can now be traded against Bitcoin (BTC), Tether (USDT), and Binance Coin (BNB), however, withdrawals and deposits will not go live until April 29. While Huobi’s recently introduced support for
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Ripple’s University Blockchain Research Initiative (UBRI) participants, Professor Anwar Hasan of the University of Waterloo’s Department of Electrical and Computer Engineering, alongside Research Associate, Crystal Roma, are conducting blockchain research to find out ways bitcoin and other cryptos can be made more environmentally friendly, reports Ripple Insights on April 28, 2020. Towards An Environmentally Sustainable
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London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. Based in London,
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