Tag: bitcoin

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Blockchain-Powered App Helps Mongolian Herders Trace Cashmere

January 11, 2020

Startup creates blockchain-powered mobile app to track and certify sustainably produced cashmere from Mongolia. Toronto-based startup Convergence.tech has successfully concluded a blockchain-based pilot to help Mongolian nomadic herders track and certify sustainable cashmere. The supply chain project, which was conducted with the United Nations Development Program (UNDP), is powered by Convergence.tech’s Ethereum-based traceability platform, Backbone.…
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New Data Suggests Bitcoin and Gold Aren’t as Correlated as You Think

January 11, 2020

Bitcoin price increased amid rising tensions in the Middle East earlier this week but is BTC’s recent correlation to gold price supported by the data? Bitcoin’s (BTC) classification has been a controversial and difficult topic for crypto-enthusiasts, investors, and regulators to reach a consensus on. The digital asset has been compared to a currency, a…
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Cosmos Surges on Coinbase Pro Listing

January 10, 2020

Cosmos (ATOM), ranked 16th by market capitalization, surged after popular crypto exchange Coinbase Pro announced it will list the coin. As of pixel time (11:53 UTC), ATOM is trading at USD 4.28, up almost 7% over the past 24 hours, turning its weekly losses into a gain of 1%. While bitcoin (BTC) is down by…
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Lympo to Dedicate Part of the Profit to Purchase Tokens From the Market

January 10, 2020

Disclaimer: The text below is a press release that was not written by Cryptonews.com ________________ We started Lympo two years ago with the vision of a healthier and happier world with token-based incentives for healthy choices. At the heart of our innovation is Lympo health data and incentivization platform which serves as a tool to…
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Bitfinex Market Manipulation Lawsuit Refiled in New York and Joined by Second Case

January 10, 2020

A class-action lawsuit against Bitfinex and Tether was refiled in New York on Jan. 8, just one day before a similar filing by another plaintiff. An Oct. 10 class-action lawsuit filed against iFinex Inc., the parent company of Bitfinex and Tether, was refiled on Jan. 8 in New York’s Southern District. The lawsuit by Young…
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Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT

January 10, 2020

Thai Stellar-based blockchain startup Lightnet raised $31.2 million in a Series A funding round led by major financial conglomerates in South East Asia. Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries. The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates…
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Facebook’s Zuckerberg Calls for Digital Community Self-Governance

January 10, 2020

Facebook CEO Mark Zuckerberg says the digital world needs governing, pointing toward government regulation but also community self-governance as potential solutions. Facebook CEO Mark Zuckerberg said the digital world needs oversight, mentioning government regulation as a potential solution but calling community self-governance “another and perhaps even better way.” “One of the big questions for the…
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2019 Bitcoin Transaction Volume Moved Away From US in First Since 2013

January 10, 2020

The U.S. is no longer the top recipient of U.S. dollars in Bitcoin as Singapore took the lead over the course of 2019. For the first time since 2013, the U.S. is no longer the top recipient of Bitcoin (BTC) as valued in USD, as Singapore took the lead over the course of 2019. As…
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Bitcoin Price Ready for Next Move Up After Rebound Above $8,000

January 10, 2020

Bitcoin price rebounded over $8,000 earlier today snapping a 3-day losing streak and placing the asset in a good position to test the $8.6K and $9K levels next. On Friday Bitcoin (BTC) price reclaimed $8,000 as bulls appear to be setting their sights on a second go at the weekly high at $8,473. Earlier in…
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How Vintage Sardines Became Fishy Talk of Crypto Town

January 10, 2020

We talked about a number of interesting exhibitors at the Customer Electronics Show (CES 2020) in Las Vegas, but one participant has been stirring up the waters of the Cryptoworld lately with their unconventional offering – namely, sardines-backed stablecoin. You’ve read it well. A Luxembourg-based company called MY Sardines is all the talk in the…
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