ICON unveils a new consensus algorithm which improves scalability and network bandwidth without sacrificing security. South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8. The new algorithm claims to make performance improvements in scalability and network bandwidth over the popular Practical Byzantine…
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In light of current economic difficulties, Robert Kiyosaki referred to Bitcoin, gold, and silver as an escape from the system. Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an…
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Ran Neuner told Cointelegraph that his $10 million coronavirus relief fund has been inundated with applications from startups impacted by the global economic slowdown. Runway Fund — an emergency relief fund assembled by the co-founders of OnChain Capital to help startups impacted by the COVID-19 pandemic — has been “overwhelmed” by the number of applications.…
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Dutch retail brokerage platform BUX has launched cryptocurrency trading in 25 different European countries. In response to the growing demand for cryptocurrency trading, Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto. In a statement published April 8, the company announced that BUX Crypto is now available across 25 European countries.…
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Compound Finance, TD Ameritrade and Cumberland DRW launch the Chicago DeFi Alliance, a new project aiming to support DeFi development. Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector. Introduced on April 7, the…
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Financial firm SoFi announced they had signed an agreement to purchase Galileo Financial Technologies for $1.2 billion. California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo. In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial…
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P2P crypto exchange Paxful has launched support for trade between Bitcoin and gold. Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced the introduction of support for trade between gold and Bitcoin (BTC) on the platform on April 7. With the announcement, Paxful now facilitates physical trading in 16 different countries. Cointelegraph spoke to Paxful CEO and Founder…
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The Cointelegraph team talks about their experiences in handling the coronavirus pandemic. The coronavirus pandemic has been changing the global economy, our lifestyle, our ways of interacting with each other and our vision of the future. The Cointelegraph team keeps working from home offices, and all the events we planned to participate in have been…
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Bithumb Global has announced support for up to 5x leverage trading for BTC/USDT and ETH/USDT citing a surge in customer demand. Major South Korean exchange Bithumb has launched leverage trading for Bitcoin (BTC) and Ether (ETH) on its global platform. While the exchange states that the move is in response to “a surge in demand…
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Binance’s real-time trades feed and quotes data will now be available on Streamr’s marketplace. Open-source blockchain infrastructure Streamr announced on April 7 a new integration with cryptocurrency exchange Binance, in which Streamr will offer the exchange’s real-time trade feeds on its marketplace. From now on, Binance’s real-time trades and quotes data for all asset pairs…
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