The Committee on Payments and Market Infrastructures (CPMI), hosted by the central bank of central banks, the BIS, has released a report which informs developers and market participants how wholesale digital tokens might look like. Today, wholesale payments between financial institutions are effected through central systems and payment arrangements using traditional account-based Read more »Pay/Trade/Buy…
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The International Blockchain Monetary Reserve and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token. The International Blockchain Monetary Reserve (IBMR) and blockchain firm Algorand are jointly launching a microfinance platform and a dedicated token to promote financial inclusion in Southeast Asia. Per a press release shared with Cointelegraph on Dec.…
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Tezos (XTZ), a blockchain looking to establish itself as a smart contract platform with self-amendment and on-chain governance, just entered the top 10 coins club after raising 297% in a year. The coin surpassed Stellar (XLM) and is now 10th with market capitalization of almost USD 1.2 billion, compared with Stellar’s USD 1 billion. Bitcoin…
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Russia should not “run ahead” of other countries and take the role of a global trendsetter in crypto regulation due to financial crime risks, according to Yuri Chikhanchin, the director of the Federal Financial Monitoring Service (Rosfinmonitoring). Speaking at the Federation Council, the upper house of the Federal Assembly of Russia, Chikhanchin stressed that crypto…
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Shopin, an American blockchain retail startup, appears to be going ahead with a token sale, despite the fact that it has been charged by the regulatory Securities and Exchange Commission (SEC), which has hit Shopin with a civil fraud wrap. The SEC says that Shopin duped investors in a 2017-2018 USD 42.5 million initial coin…
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On Thursday, XRP is still the only top 10 coin in green in the past week, outperforming not only Bitcoin (BTC) and Ethereum (ETH). At pixel time (12:27 AM UTC), XRP is trading at c. USD 22 and, as prices have stabilized since the end of November, XRP bulls have trimmed monthly losses against the…
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Zcash (ZEC), the privacy-focused cryptocurrency, is set to activate “Blossom,” a code improvement, in a mandatory system-wide upgrade today, and is among the best performing coins on Wednesday and in the past week. At pixel time (12:30 UTC), ZEC, is changing hands at c. USD 31 and traders are decidedly bullish, as the price is…
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Ripple is still on the role with developments it seems, as the California-based blockchain company now announced a developer portal, as well as a number of updates and additions to their to Xpring, XRP Ledger, Interledger, and their blog. Ripple states that this is a part of their effort to build the developer initiative Xpring,…
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Maker (MKR), the native token of MakerDAO, remains largely unmoved by the market, despite a potential major loophole in MakerDAO, the Ethereum-based decentralized finance platform, was exposed, prompting a swift reaction from the foundation. In the face of yesterday’s potentially bad news, followed by a quick response from the Maker Foundation, MKR, ranked 21st by…
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After stellar performance, MATIC, the token of blockchain scalability network, Matic Network, suffered a 66% crash in less than an hour on Tuesday. And now, even Binance, responsible for the initial exchange offering of this project, is investigating the case. At pixel time (05:20 UTC), MATIC trades at c. USD 0.02 and is up by…
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