A colorized image of cells from a patient infected with the coronavirus SARS-CoV-2. The virus particles are colored pink. The image was captured from a scanning electron micrograph. In the midst of the current COVID-19 pandemic, we asked several crypto/blockchain startups how they are operating in this hazardous environment. As we’ve seen, a number of…
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The personal experience of significant changes in life: from traditional banking investments into the crypto world of startups. “How could I possibly do this?” — That is what I asked myself when the opportunity presented itself to leave my 14-year career in corporate and investment banking to join the startup world. It was certainly one…
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Bitcoin (BTC) on-chain activity and again increasing hashrate suggest positive moves in the market and the largest cryptocurrency network, according to blockchain analysis firm Glassnode. With the price stabilizing and investors slowing down the portfolios readjustments, on-chain activity has seen decreases across the board. Compared to the last couple of weeks, when the Read more…
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The Monetary Authority of Singapore exempted a number of crypto payment services from holding a financial license under the Payment Services Act. While Singapore recently adopted specific cryptocurrency legislation — the Payment Services Act (PSA) — in January 2020, it turns out that some crypto firms like Ripple, Coinbase and Binance have been exempt from…
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The trial of two of Centra Tech’s founders has been tenuously postponed until September 3 amid coronavirus disruptions. The upcoming trial of two men accused of running the fraudulent Centra Tech initial coin offering (ICO), which raised $60 million after soliciting celebrity endorsements in 2018, has been postponed until September 2020. On March 26, a…
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South Korea’s KB Kookmin Bank applies to trademark KBDAC (KB Digital Asset Custody) in over twenty crypto-related business areas. Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future. According to a report from local news outlet Digital Today on March 27, the bank filed a…
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Microsoft files crypto-based patent which would enable individuals to mine crypto using body activity data. Tech giant, Microsoft, is looking to develop a cryptocurrency system which enables individuals to mine cryptocurrency using their body activity data, eliminating the need for specialized mining machines. Microsoft published a patent dubbed “Cryptocurrency system using body activity data” on…
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Binance just released their new product, the Binance Card, meant to make it easier for people to use crypto every day, that way assisting crypto adoption. Meanwhile, another major crypto exchange, Coinbase, passed this milestone a year ago. Binance unveiled the Beta version of its Binance card, a Visa debit card, on March 26, which…
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Iconic entertainment firm Atari is partnering with The Sandbox on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. Iconic entertainment firm Atari is partnering with The Sandbox (TSB) on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. In an announcement on March 27, blockchain startup…
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A solid rejection of $7,000 earlier this week keeps Bitcoin within the upper $6,000 range but there is a lot to reclaim, say analysts. Bitcoin (BTC) continued to trade near $7,000 on March 27 after traditional markets showed bullish signs and the Dow Jones had its best day in 87 years. Cryptocurrency market daily overview.…
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