Maker Foundation Sells $27.5 million MKR to Dragonfly Capital and Paradigm, expanding their influence in Asia while driving DeFi adoption. The Maker Foundation, the group behind the decentralized crypto platform MakerDAO, announced today that venture capital funds Dragonfly Capital Partners and Paradigm have acquired $27.5 million worth of MKR. This is approximately 5.5% of the…
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Researchers have published a new report on what they say is a “relentless” crypto mining botnet that lurks behind seemingly innocuous content like JPEG images of Taylor Swift. Researchers have published a new report on what they deem to be a “relentless” crypto mining botnet that lurks behind seemingly innocuous content such as JPEG images…
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While major money transfer company MoneyGram has already pushed more than USD 100 million through Ripple’s platform, the blockchain-based startup’s capability to lure more clients will be crucial to the partnership’s future, according to Alex Holmes, CEO and Chairman of MoneyGram. As reported in November, MoneyGram is moving c. 10% of its transaction volume through…
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Japanese financial giant and long-time Ripple partner SBI has struck a deal with OneConnect, part of the Chinese insurance giant Ping An Group. The companies have agreed to launch a recently formed company in Japan, with the aim of revitalizing smaller, regional Japanese banks using blockchain technology and fintech solutions. Per Nikkei and TechCrunch Japan,…
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IOTA (MIOTA) prices have fallen in the past 24 hours – despite upward trends in most altcoin prices and the release of a new roadmap. At the time of writing (11:46 UTC), IOTA, ranked 23rd by market capitalization, is down almost 2% on the past 24 hours, at a time when tokens like Ethereum (ETH)…
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After reporting that an alleged Ponzi scheme may still dump at least USD 243 million worth of crypto on the market, their Ethereum (ETH) seems to be on the move. China-based PlusToken, deemed a scam by local and foreign media, as well as the crypto community at large, seems to have moved ETH 789,525 (c.…
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Research shows Bitcoin is improving its wealth distribution versus 2018, but among other cryptocurrencies big and small, the problem is getting worse. Bitcoin (BTC) whales may have made headlines this month, but its wealth is more evenly distributed in 2019 — the opposite of major altcoins. That was among the findings of research by Clovr,…
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What exactly are the significant steps emerging blockchain technology has made toward making the world a better place? Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer…
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Binance’s cryptocurrency trading platform for United States-based users, Binance.US, is asking its community to beta test the upcoming Binance.US iOS app. Binance’s cryptocurrency trading platform for United States-based users, Binance.US, is asking its customers to beta test the upcoming Binance.US iOS app. On Dec. 18, Binance.US took to Twitter to announce that the iOS app…
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Former employee of crypto exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues. A former employee of United States-based cryptocurrency exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues. Per a court document…
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