Tag: Adoption

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Steemit to Shift Its Proprietary Blockchain and Token to Tron Network

Tron partners with Steemit, a major blockchain-based blogging and social networking website that will be moving to Tron’s network. The Tron Foundation, a cryptocurrency firm that is known for hyping its long ledger of partnerships, appears to have entered a particularly important one today. The maintainer of major cryptocurrency Tron (TRX) has just partnered with…
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Egyptian National Bank Turns to Blockchain to Boost Remittance Business

The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances. Another major financial institution has partnered with blockchain-based payments firm Ripple. The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances, according to a Feb. 11 report…
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CFTC’s Fintech Research Unit to Hold Office Hours for Innovators

The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week. The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week. In April, the CFTC’s fintech research unit, LabCFTC, will host office hours during New York Fintech Week to engage…
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Cryptocurrency Adoption: How Businesses Are Adapting to the Blockchain Revolution

A lot of cryptocurrency holders prefer to use crypto for daily transactions. Have they been disappointed by businesses? There are many reasons why people own cryptocurrencies. One is to store cryptocurrencies as value due to the limited supply of coins like Bitcoin. Some people store cryptocurrency for speculation — meaning they aim to make a…
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Experts Consider the Security and Risks of Noncustodial Exchanges

Not all noncustodial exchanges are true to the terms, but they may still provide a safer service than centralized exchanges. Despite centralized cryptocurrency exchanges suffering nearly $300 million worth of hacks during 2019, many digital currency traders continue to hold significant sums of capital on centralized exchange platforms. While many noncustodial crypto services have launched…
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Value Locked in Crypto DeFi Markets Hits $1 Billion Milestone

With Ether breaking through the $200 mark yesterday, a bullish $1 billion in value is now locked in the DeFi markets. With Ether (ETH) breaking through the $200 mark yesterday, $1 billion in value is now locked in the DeFi markets.  Total value locked in DeFi markets, Feb. 7. Source: defipulse.com As of Feb. 7,…
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Chinese Startup Donates $14K to Fight Coronavirus While Launching a Blockchain Data Platform

Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain platform for tracking and managing data. Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain-based platform for tracking and managing data. Dubbed “33 Charity,” the platform is designed to boost the transparency and efficiency of businesses’ internal processes, including charitable organizations, according to a press release…
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Bitcoin Blockchain Daily Confirmed Transactions Hit 5-Month High

Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin daily confirmed transactions are soaring to levels not seen since September. Hot on the heels of surpassing the 500 million transaction milestone, Bitcoin (BTC)’s daily confirmed transactions (txs) are soaring too. The latest available data on Blockchain.com, for Feb. 6, indicates 315,370 daily…
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Fidelity Leads $13M Funding Round for Israeli Blockchain Startup Clear

Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads. Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads. Clear — which develops blockchain networks for high-volume transaction systems between businesses — announced the round’s completion in a…
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Australia to Release National Blockchain Roadmap After Year of Preparation

The Australian government is going to release its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. The Australian government is going to launch its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. It has been almost a year since the country’s Ministry for Industry, Science and Technology…
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