RSK is launching a bridge into Ethereum that lets its users directly access a Bitcoin-pegged token, which could lead to its use as collateral for DeFi. The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning…
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Paystand’s hybrid blockchain platform is achieving success in the commercial payments industry, allowing it to raise $20 million in Series B funding. Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial…
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A major Hong Kong crypto event, will be taking place half a year later due to the coronavirus outbreak. A number of cryptocurrency-related conferences across Asia are being delayed in response to the regional coronavirus outbreak. TOKEN2049, a major crypto event held annually in Hong Kong, is the latest one to postpone its conference. Originally…
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Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain platform for tracking and managing data. Chinese startup FUZAMEI has rolled out a philanthropy-focused blockchain-based platform for tracking and managing data. Dubbed “33 Charity,” the platform is designed to boost the transparency and efficiency of businesses’ internal processes, including charitable organizations, according to a press release…
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Cointelegraph’s editors have chosen who we believe will be the 100 most influential people in crypto and blockchain in 2020. Surveying the landscape as the most widely read publication covering cryptocurrency and blockchain, Cointelegraph’s editors had the ambitious idea to put together a list of the most influential people in this hectic, hype-filled, world-changing, weird…
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Crypto exchange FTX launches TRUMP futures trading, letting users bet on the upcoming U.S. presidential elections. Crypto derivatives exchange FTX recently launched “TRUMP,” a new futures trading product that lets users bet on President Trump’s re-election in 2020. “So far most of the volume has traded on the offer, implying that traders think Trump is…
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Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads. Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads. Clear — which develops blockchain networks for high-volume transaction systems between businesses — announced the round’s completion in a…
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Smart contract platform Quras partners with Africa’s non-profit blockchain association BNUG to connect Asia and Africa’s blockchain communities. Quras, a smart contract platform that enables anonymous, private-protected transactions, has partnered with non-profit association Blockchain Nigeria User Group (BNUG). According to a Feb. 5 press release from Quras, the new partnership will enable Quras to expand…
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WRX, the first IEO from any Indian exchange, can strengthen sentiments of Indian crypto industry amid an ongoing battle over the status of crypto. Despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India, WazirX — the Indian cryptocurrency exchange recently acquired by Binance — launched its WRX coin through an initial…
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Receiving $9.5 million, Simba Chain, a blockchain software startup, will install a secure messaging platform for the Department of Defense. The Naval Air Warfare Center, a California-based research group of the U.S. Navy, has given blockchain software startup Simba Chain nearly $10 million to put a secure messaging platform in play. “The platform will be…
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