Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Boerse Stuttgart Group’s crypto app BISON, launched more than a year ago, has hit the 100,000 active users mark. The press release states that the number of active users…
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Blockchain firm Lightning Labs drafted a new Lightning Network-based authentication system that could replace traditional email-based accounts. Blockchain firm Lightning Labs drafted the specifications of a new Lightning Network-based authentication system that could replace traditional email-based accounts. According to a March 30 announcement, the Lightning Service Authentication Tokens (LSAT) is a new authentication protocol for…
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In order to avoid current turbulences in the market, crypto users might start to favor more centralized blockchain finance projects. "To-date, I haven’t seen any change in dapp [decentralized app] activity specifically related to COVID-19 or people being in self-isolation," Jon Jordan, Communications Director at DappRadar, a dapp data aggregator and Read more »Pay, Trade,…
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Coinbase Custody successfully migrated its Tezos Bakery — the largest validator on Tezos’ network — from the United States to Ireland while incurring just one minute of downtime. Coinbase reports that it migrated its Tezos (XTZ) staking bakery from the United States to Ireland while incurring just one minute of downtime on March 31. Since…
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CZ of Binance talks Bitcoin price, halving and decentralization in Cointelegraph China’s HUB. Changpeng Zhao, known as CZ — the man behind Binance, one of the largest cryptocurrency exchanges in the world — took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China. Cointelegraph：The markets are currently seeing high volatility, which…
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Food, drink and dietary supplement producers need to adopt blockchain technology if they are to gain the trust of increasingly skeptical consumers, per a new report. Data compiled by British market research consultancy FMCG Gurus suggests that the public is growing jaded with food manufacturers – and believes that blockchain technology-powered solutions could prove the…
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Chinese internet giant Sina Corp and Sichuan-based liquor producer Wuliangye Yibin have announced they have struck a new strategic collaboration that will allow them to tokenize high-end baijiu, China’s most famous traditional alcoholic beverage. Per a state media report, liquor drinkers and collectors can now buy and trade tokens backed by Wuliangye baijiu products using…
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The current global crisis is good for crypto as it shows the dysfunctionality of the existing system, according to Marcus Swanepoel, co-founder and CEO of crypto exchange Luno. However, in case of a global recession, this nascent industry might be hit hard too, he warned. Crypto was born out of a financial crisis, accompanied with…
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Libra rival Celo has announced its first round of development grant funding, designating $700,000 to 13 companies so far. Open-source payments network Celo has announced its first round of development grant recipients. A press release shared with Cointelegraph states that Celo has awarded $700,000 in grants to 13 different companies who are looking to build…
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World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year. World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year. Dubbed “PartChain,” the platform has already been successfully tested by BMW in 2019, an official announcement on…
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