The total supply of TRC20-based USDT surged from 350 million to 450 million in just one day. The amount of Tether (USDT) tokens issued on the Tron (TRX) blockchain now accounts for nearly 12% of all USDT tokens. 350 million to 450 million in one day Launched in mid-April 2019, TRC20-based USDT has hit a…
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Source: iStock/Dmitrii_Guzhanin Six of the top 50 coins by market capitalization have risen from the after-crash blood into the market greenery with a double-digit rise in the past seven days. After the market crashed on October 23rd, with Bitcoin (BTC) now holding onto the USD 7,500 level, most of the coins remain in red in…
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China’s President Xi Jinping urged the country to accelerate the development of blockchain technology due to its importance “in the new round of technological innovation and industrial transformation” of China. The President was speaking at a group study session of the Communist Party of China Central Committee Political Bureau on the development of blockchain, Read…
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China’s Xi calls blockchain technology an important breakthrough for independent innovation, urging to accelerate its development. China’s President Xi Jinping has called for the country to accelerate its adoption of blockchain technologies as a core for innovation. Xi made the comments at a Politburo Committee session on blockchain technology trends on Oct. 24. Blockchain adoption…
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WeChat Pay stores payment receipts on the blockchain, says Binance CEO. Binance CEO Changpeng Zhao (CZ) took to Twitter on Oct. 25, saying that he had “got word” that WeChat Pay puts receipts on the blockchain, along with a screengrab of a receipt with a link to a block explorer. Why does CZ care so…
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The Bank of Lithuania (BoL) sees an increased interest in security token offerings (STOs) and estimates that this new form of raising capital will become more popular. The bank issued the Guidelines on STO earlier this week and is reaching the final stage in creation of its blockchain-based technological platform. Vaidas Cibas, Head of Regulated…
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Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Mining news The former head of Venezuela’s Bolivarian National Intelligence Service has alleged that Venezuela is secretly mining cryptocurrency on a massive scale – to the extent that citizens…
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After a day at the lower bound of a well-defined trading corridor, Bitcoin rose up to tackle $7,650 and reclaim some ground lost in its major slide this week. Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes. Cryptocurrency market daily…
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Yesterday, bitcoin price declined heavily below the USD 7,850 and USD 7,650 support levels. BTC/USD even settled below USD 7,550 and tested the USD 7,300 area. The price is currently (08:00 UTC) correcting higher, but it is likely to face a strong resistance near the USD 7,500 and USD 7,620 levels. Similarly, many major altcoins,…
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The United States-based branch of major crypto exchange Binance, Binance.US, is adding support for Dogecoin tonight. The United States-based branch of major crypto exchange Binance, Binance.US, will add support for Dogecoin (DOGE), according to a blog post published on Oct. 24. Binance.US’s users will be able to trade the DOGE/USDT pair from 09:00 p.m. EST…
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