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Decentralized Communication Startup New Vector Raises $8.5M

British decentralized communication startup New Vector has raised $8.5 million to promote an alternative messaging protocol. London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol. Slack rival Riot.IM The Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an…
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Official: Alipay to Ban All Bitcoin-Related Transactions

Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declares that it will be banning any transactions related to Bitcoin or other cryptocurrencies. Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declared that it will be banning any transactions related to Bitcoin (BTC) or other cryptocurrencies. Combating illicit players On Oct. 10,…
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Litecoin Price Shows the Second Smallest Gain in the Past Week

Source: iStock/Ja’Crispy Though the week so far have been quite green for the top 10 coins by market capitalization, not all coins appreciated equally. One of the 10 to see the smallest rise is Litecoin (LTC). At UTC 9:10, all top 10 coins are showing a rise in the last-7-days period. While XRP and BNB…
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Bakkt’s Bitcoin Futures Trading Volume Soars 796% in One Day: Report

The trading volume of Bitcoin futures on the Intercontinental Exchange’s Bakkt platform reportedly soared to 224 contracts on Oct. 9 — 796% higher than the previous day. The trading volume of Bitcoin (BTC) futures on the Intercontinental Exchange’s (ICE) Bakkt platform reportedly soared to 224 contracts on Oct. 9 — 796% higher than the previous…
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Cryptocurrency Wallets MyCrypto and Ambo Add Multiple New Features

Cryptocurrency wallets MyCrypto and Ambo both announce major updates of their software. Cryptocurrency wallets MyCrypto and Ambo (recently acquired by the former) have both announced major updates of their software. Among other improvements, MyCrypto added a multi-account management system. A major overhaul According to a press release shared with Cointelegraph on Oct. 10, MyCrypto’s software…
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Tron, Stellar Are Founding Members of Blockchain Education Alliance

Tron and Stellar will jointly develop and fund a number of educational initiatives to bring blockchain technology to the masses. Tron and Stellar Development Foundation are part of a new alliance that will provide university students with a working knowledge about blockchain technology. Teach students about blockchain In a press release shared with Cointelegraph on…
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SEC Might Not Approve Bitcoin ETF For Two Years + 13 More Crypto News

Jay Clayton. Source: Twitter, SEC 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. Regulations news It’s “reasonable to assume” that the American regulatory Securities and Exchanges Commission (SEC) won’t approve Bitcoin ETF while Jay Clayton is the chairman of…
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Ethereum is Not a Security – New CFTC Chief Heath Tarbert

Ether, the native token of the Ethereum blockchain, is a commodity, believes the new Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Heath Tarbert. “We’ve been very clear on bitcoin: bitcoin is a commodity. We haven’t said anything about ether—until now. It is my view as chairman of the CFTC that ether is a…
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Bitcoin Price Breaks USD 8.5K, Altcoins Signaling Bullish Continuation

After several attempts to clear USD 8,300, bitcoin price finally gained bullish momentum. BTC/USD rallied more than 5% and traded above a few important resistances such as USD 8,300, USD 8,500 and USD 8,550. The price is currently (11:00 UTC) consolidating gains and it could continue to rise towards USD 8,750. Besides, there were decent…
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TON’s Value to Surpass $20B Over 5 Years, Says New Research

Telegram Open Network’s value is expected to surpass $20 billion over a five-year horizon, according to Decentral Park Capital’s research. Telegram Open Network’s (TON) value is expected to surpass $20 billion over a five-year horizon, according to a new research by New York-based blockchain venture and digital assets fund Decentral Park Capital. “A sleeping giant…
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