After pioneering the use of blockchain-based voting platform Voatz in 2018, West Virginia has abandoned the app in favor of paper and traditional online voting. On Feb. 27, West Virginia decided against using blockchain-based platform Voatz for residents with disabilities and citizens residing abroad to cast their votes in the state’s upcoming primary election. Instead,…
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Brad Garlinghouse. California-based fintech company Ripple would not have been where it is today without the monthly selling from its massive holding of XRP tokens, an admission from its CEO suggests. In an interview with the Financial Times published on Friday, Ripple’s CEO Brad Garlinghouse was pressed on Ripple’s financial situation and revenue sources, but…
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Despite 11% weekly losses, a prediction made by PlanB last month is still holding true, with the outlook for March already improving, he says. Bitcoin (BTC) may have shed 11% in a week, but it is actually performing exactly like one of the industry’s most famous analysts predicted. In a tweet on Mar. 1, PlanB,…
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This past week, bitcoin fell more than 5% and it settled below the USD 8,850 support area. BTC/USD even spiked on a couple of occasions below the USD 8,550 and USD 8,500 support levels. It is currently (08:00 UTC) consolidating losses above USD 8,500 and it could either recover towards USD 9,000 or extend its…
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None of the 17 ongoing global CBDC projects goes beyond the central bank’s jurisdiction, according to BIS research. Cross-border payments do not appear to be a priority as countries all over the world to engage with their own digital currency projects, a new report says. While global governments are competing to become the first country…
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Huobi announced the launch of its open-source decentralized finance platform for public beta testing. Huobi, a major cryptocurrency exchange, announced the public testnet launch of its open-source decentralized finance (DeFi) blockchain, Huobi Chain, on Feb. 29. Its aim is to provide a regulator-friendly framework for financial services companies to deploy applications in a variety of…
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Yoshitaka Kitao. The CEO of SBI, one of Japan’s biggest financial companies, has spoken of his intention to co-launch a securities token offering (STO) exchange platform within the current financial year. Per newspaper Jiji, SBI Holdings chief Yoshitaka Kitao, who is also a long-term Ripple partner and a member of the latter’s board, has been…
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After a stellar start of the year, bitcoin and altcoins have let off the gas pedal and undergone a correction which began in the middle of February. As a result, the last month of winter was a bit of a mixed bag for all coins. Bitcoin once again fell below USD 9,000 mark and dragged…
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A whistleblower has revealed a $70 million Bitcoin scam targeting British and Australian investors through fake news stories on Facebook. A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70 million in 2019. The whistleblower outed the scam by providing footage and internal company documents to Swedish newspaper…
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A further leap in hash rate suggests that miners are as confident as ever about the potential that Bitcoin offers long term. Bitcoin (BTC) has hit a new all-time high in terms of hash rate despite dropping almost 12% last week, data suggests. According to various resources tracking hash rate growth on the Bitcoin network,…
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