The South Korean central bank is launching a second central bank digital currency (CBDC) team – a year after disbanding its first group of CBDC researchers. The central Bank of Korea (BOK) announced its intentions to launch the new unit, which it says will conduct CBDC-related research, in what appears to be a direct response…
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After surging well 20% over the past 7 days, litecoin (LTC) is now one of the best-performing coins this week among the top 20 cryptocurrencies by market capitalization. Over the past 24 hours, LTC is up by almost 4%, trading at about USD 66 as of pixel time (13:26 UTC). And following the latest surge…
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The price of the DigixDAO (DGD) token rallied recently as the team is closing their decentralized autonomous organization (DAO) DigixDAO this quarter and promising to buy back DGD at a higher price. Since talks about the dissolution of the DAO started in November, the price more than doubled and trades against ethereum (ETH) at c.…
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Line, one of Asia’s biggest chat apps, is set to debut its own digital token in Japan on Bitmax, its own crypto exchange. Per a number of Japanese media outlets, including Coin Post, the company made its announcement via its blockchain and cryptocurrency subsidiary LVC – and is aiming for a rollout in April this…
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One of the best-known privacy coins, Zcash (ZEC), has jumped on the news that its community has said ‘yes’ to changes to Zcash mining rewards, meant to support the coin’s development. ZEC has gone up 12% in the past day, 30% in a week, and a whopping 132% in a month, landing on USD 66…
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Source: iStock/Paris Saint-Germain French football giants Paris Saint-Germain (PSG) have launched a club-owned token named $PSG in a bid to boost supporter participation. The move came just hours after the club stepped up its crypto presence, penning a multi-year sponsorship deal with a cryptocurrency exchange. PSG has used the Socios platform to carry out a…
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Cardano (ADA) is once again making headlines after its price rallied over 8% in the past 24 hours, making it today’s best-performing coin among the top 10 crypto assets. As of pixel time (12:58 PM UTC), ADA is trading at USD 0.055 per coin and is also up by almost 22% in a week. Among…
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In the past few sessions, there was a strong rise in bitcoin price above the USD 9,200 and USD 9,250 resistance levels. BTC/USD even traded above USD 9,400 before it faced sellers. The price is currently (09:00 UTC) consolidating and it remains well supported for more gains above USD 9,400. Similarly, there was a decent…
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Bitcoin.com, an operator of a Bitcoin Cash (BCH) mining pool, said it will not support the so-called “dev tax” and will be working on another plan. However, some developers warn that the “dev tax” might still be implemented. “The dev tax is wounded, but not dead,” developer Peter Rizun, who is against the proposal, told…
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A pool of anonymous Bitcoin Cash (BCH) miners decided not to start the competing pool “for the time being” and will continue to support the BCH pools after supporters of the controversial proposal clarified their ideas. The group believes that Bitcoin.com, an operator of a BCH mining pool, will convince other signatories to “severely amend”…
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