Charles Hoskinson. Source: a video screenshot, Youtube/Charles Hoskinson Following the announcement of a new “mainnet wallet” for Cardano, the blockchain platform’s native crypto token ADA is seeing strong gains in the crypto market, rising nearly 8% over the past 24 hours to a price of USD 0.046, as of press time on Monday. ADA is…
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American multinational chain of coffeehouses, Starbucks, has denied being involved in the testing of China’s digital yuan. "We are not participating in the digital currency trial in China," a Starbucks spokesperson told Cryptonews.com, without elaborating. As reported, news have started coming out last week, reported by multiple Chinese outlets, of a number Read more »Pay,…
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A newly concluded token offering on Binance is bringing hope to proponents of the initial exchange offering (IEO) model that this method of issuing new coins and tokens to the market is still working as it used too – after an initial pump, the price is dropping. At 2 AM UTC time on April 23,…
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Contrary to popular belief, cryptocurrency prices may not be as dependent on the issuance of the most popular stablecoin, tether (USDT) as many people have thought, according to two researchers. Stablecoins act more like a safe haven within the crypto ecosystem that investors seek refuge in during periods of strong volatility, Chief Innovation & Entrepreneurship…
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The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices. But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that while cryptocurrencies experience volatility and oil…
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Dharma, an Ethereum-based crypto lender, has released a new feature that allows sending stablecoin to Twitter handles. This peer-to-peer lending platform has announced the launch of Social Payments, which they describe as a Twitter-native financial ecosystem. They go on to say that this new service allows people to send USD to any Twitter handle, regardless…
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McDonald’s, Starbucks and Subway branches could be set to take part in the Chinese central bank’s digital yuan pilots, with Beijing’s efforts to roll out the world’s first central bank digital currency (CBDC) intensifying. Multiple Chinese outlets, including the likes of Sina (via JRJ and Ciajing) have reported on an unconfirmed story from Chainnews. Chainnews…
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Crypto industry might greatly benefit from Facebook’s Libra coins adoption, according to Binance Research, the research arm of the major crypto exchange Binance that has its own interests in the stablecoins business. In their analysis titled "Will Libra Live Up To Its Initial Ambitions?", Binance Research shares a positive vision of Libra’s long-term future, Read…
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Source: Adobe/S_E South Korean electronics giant LG’s long-awaited digital token has taken a new and innovative twist in the wake of the coronavirus pandemic. Per a press release shared with the Green Economic Daily, LG’s IT services arm, LG CNS, has released details about its “digital currency,” which it says is now making use of…
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#freetoexplore #swipelife, 2019. Exhibition view, Magasins Généraux, Pantin, France. Source: ben-elliot.com Artists are increasingly turning to crypto-powered solutions to fundraising – and a future whereby both artists and their output are tokenized may not be far off. In a glimpse of what might be ahead – and a brand-new development in blockchain-powered art – Paris-based…
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