Block.One’s announced participation in EOS’s block producer elections has reignited concerns regarding the network’s centralization. The centralization of EOS has again emerged as a contentious issue within the cryptocurrency community, with the firm that created the EOSIO software, Block.One, participating in electoral procedures to choose the Block Producers for the EOS blockchain. On Nov. 28,…
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A screenshot of the KakaoTalk chat app. 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. Wallets news Chat app giant and Klaytn blockchain mainnet developer Kakao has announced that it will roll out its crypto wallet in the first…
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Next year, German banks could become legal custodians of Bitcoin and other cryptocurrencies, according to a new bill. A new bill in Germany could enable banks to support the sale and custody of Bitcoin (BTC) and other cryptocurrencies by 2020. German news agency Handelsblatt reported on Nov. 27 that the bill now requires consensus from…
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Poloniex officials promise a transformative impact on Tron thanks to the deal, but have yet to produce significant price improvement as Poloni DEX goes live. Cryptocurrency exchange Poloniex now controls the largest decentralized exchange (DEX) on blockchain network Tron (TRX), official reports state. Confirmed by Tron CEO Justin Sun on Nov. 29, Poloniex will now…
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Russia’s increasingly confusing cryptocurrency policy continues to develop – and the latest curveball is a proposed ban on payments made using Bitcoin and other cryptocurrencies. Per a report from media outlet Izvestia, the country’s Central Bank and the regulatory Federal Financial Monitoring Service (known locally as Rosfinmonitoring) are preparing to issue a ban Read more…
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Developed by the Cardano Foundation and Coti, the solution allows merchants to accept ADA payments with settlement in 35 fiat currencies. The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants. Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows…
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In the past three sessions, there were mostly range moves in bitcoin price above the USD 7,350 and USD 7,400 support levels. BTC/USD seems to be forming a support base and it could continue to rise above the USD 7,550 and USD 7,650 resistance levels. Similarly, there are positive signs emerging for major altcoins, including…
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IDAX reported liquidity problems prior to Lei Guorong absconding, while it remains uncertain what access he has to the platform’s wallets. Chinese cryptocurrency exchange IDAX has suspended deposits and withdrawals after its CEO allegedly disappeared. In a blog post on Nov. 29, IDAX, which earlier this week warned it was seeing a run on withdrawals,…
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Charles Hoskinson, CEO of blockchain consultancy and research firm IOHK that is developing the Cardano platform. Source: a video screenshot, Bloomberg/Youtube The Cardano Foundation launched a new crypto payment solution, AdaPay, aimed at merchants, making ADA, the native token of the Cardano platform, one the best performing coins among the TOP 20 digital assets today.…
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The CEO of IDAX Global, “have gone missing with unknown cause and IDAX Global staffs were out of touch with” since November 24, the company announced today. (Updated at 10:05 UTC: updates throughout the entire text.) “For this reason, access to Cold wallet which is stored almost all cryptocurrency balances on IDAX has been restricted…
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