A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of…
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Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC. Kazakhstan officials revealed the nation’s digital currency development plan to experts from Russia and China at “2020 Astana Online Financial Day”. According to the China Ministry of Commerce on July 1, Kazakhstan plans to…
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Crypto businesses keep showing interest in the Indian market by attracting users through products like mobile apps. India’s crypto developers have begun to release new mobile apps, following a positive ruling by the nation’s Supreme Court with regard to blockchain technology. The Court’s decision reversed laws that previously prohibited banks from providing services to crypto…
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Seven experts from different institutions and organizations discussed topics relating to diversity, inclusion, challenges and opportunities for LGBTQ+ with Cointelegraph. Yesterday, Cointelegraph hosted another episode of “CT Talks,” dedicated to Pride Month and addressing important questions on diversity, inclusion, stigmatization, acceptance, challenges and opportunities for the LGBTQ+ community in the crypto and blockchain space. For…
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Libra Association member Bison Trails looks forward to moving from the Proof-of-Work consensus mechanism to Proof-of-Stake, launching Eth2 support. Blockchain infrastructure-as-a-service company, Bison Trails, has announced support for Ethereum 2.0 — an upgrade that will move the network from its proof-of-work consensus mechanism to proof-of-stake. Bison Trails offers a suite of enterprise products that allow…
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A Dutch project fighting fake news with blockchain wins European Commission’s “Blockchains for Social Good” prize. A tech unit at the European Commission has awarded millions of dollars to several blockchain projects in an effort to support the use of blockchains in socially beneficial ways. The European Innovation Council, or EIC, has awarded 5 million…
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China’s capital city has unveiled an ambitious plan to transform Beijing into a global hub for private blockchain innovation and leader in public DLT deployment. The municipal government of Beijing has unveiled a 20-point plan to accelerate the development and deployment of distributed ledger technologies (DLT) and turn Beijing into both a global and national…
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The Ethereum/Bitcoin flippening is more than half complete, according to a new metric. A new metric from German site The Blockchain Center suggests that the long awaited ‘flippening’ — where Ethereum overtakes Bitcoin — is more than halfway complete. The newly created ‘Flippening Index’ currently stands at 53.3%. Backtested, it shows this is the first…
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After stakeholders raised concerns about the Australian Securities Exchange’s blockchain infrastructure plan, it has been postponed until 2022. The Australian Securities Exchange (ASX) has further delayed its switch to blockchain after public lobbying from key stakeholders. According to a June 30 update from the ASX, the exchange has officially delayed the rollout of Distributed Ledger…
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The UK Insolvency Service claimed that GPay is nothing but a “scam” after conducting confidential inquiries. The UK High Court has appointed the Official Receiver as liquidator of the cryptocurrency trading platform, GPay Ltd. According to an announcement published by the UK Insolvency Service on June 30, the crypto exchange showed signs of being “nothing…
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