NH Bank rolls out first commercial use of a blockchain ID system developed by major South Korean firms like Samsung and LG Uplus. A major blockchain identification project backed by South Korean tech giant Samsung is being rolled out for first commercial use. South Korea’s NongHyup (NH) Bank has introduced a blockchain-based mobile ID system…
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South Korean cryptocurrency industry insiders are warning that the country’s failure to introduce crypto laws could be cataclysmic, with “mass bankruptcies” likely. As Cryptonews.com reported yesterday, the South Korean National Assembly’s schedule has been thrown into turmoil by an outbreak of the coronavirus. The country has become the worst-hit part of the Read more »Pay,…
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Steemit’s managing director says the new partnership with Tron will help grow the platform and that the soft fork resulted from quick reactions to the changes. In an interview with Cointelegraph at Tron’s San Francisco office on Feb. 25, Steemit Managing Director Elizabeth Powell expressed enthusiasm regarding the new strategic partnership between Tron and Steemit.…
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Beyond the Law movie poster. Steven Seagal is in the middle. 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. Legal news The U.S. Securities and Exchange Commission (SEC) settled charges against actor Steven Seagal (known for Beyond the Law,…
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Bitcoin mining faces more difficulties every year: from electricity efficiency to power cost, and from proper devices to legislation. Be prepared for the halving with these tips. Anyone following crypto news has undoubtedly seen numerous articles that forecast Bitcoin’s (BTC) valuation following the upcoming halving slated to take place in May of this year. And…
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Vitalik Buterin, co-founder of Ethereum. Source: a video screenshot, edited by Cryptonews.com Ethereum (ETH) co-founder Vitalik Buterin has no love for the stock-to-flow model when it comes to predicting the price of the world’s most popular cryptocurrency, bitcoin (BTC). But some believe this dislike has roots much closer to home. Sharing two article titles on…
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Source: a screenshot, Instagram / bravebrowser Is there anything more annoying than a “404 page not found” message? In a bid to make the web more reliable, blockchain-based decentralized browser Brave has added a tool that it says could make messages like this a thing of the past. The latest version of its desktop browser,…
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U.S. District Judge wasn’t persuaded by the argument that the continuance of the case against Ripple, an American blockchain company focusing on payments technologies, would mean turning the broader USD 500 billion XRP market on its head, and the case continues. As reported in January, Ripple claimed that the continuation of the case against the…
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In a debate about whether specific events move Bitcoin up or down, the Ethereum co-founder revealed a distaste for the stock-to-flow model. Ethereum (ETH) co-founder Vitalik Buterin does not believe that the popular stock-to-flow model is useful for predicting the Bitcoin (BTC) price. In a Twitter debate on Feb. 27, Buterin became the second well-known…
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FCoin announced it would reopen the exchange and draw a repayment scheme thanks to community cooperation, but can it compensate the thousands of Bitcoins it lost? The FCoin exchange has officially announced that it will relaunch operations. A committee was formed after the exchange announced insolvency, promising to eventually return users’ funds. The exchange’s existing…
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