The new functionality will help smart contracts and applications from other blockchains transition over to the Crypto.org ecosystem. In the coming months, Crypto.com’s blockchain will let projects built on Ethereum transfer over to its ecosystem via Ethereum Virtual Machine, or EVM, compatibility. The company also unveiled a related fund to bolster interested projects. According to…
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The United Kingdom is shutting the door for digital asset firms: Crypto startups are no longer welcome to the country. Late last week, the United Kingdom’s Financial Conduct Authority issued temporary licenses to applicant companies looking to become licensed crypto-asset firms. However, with the publication of this list of temporarily authorized firms has come a…
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Climatetrade will launch its marketplace for carbon offsetting on the Algorand blockchain. Blockchain marketplace Climatetrade will be building its new CO2 carbon offsetting platform on Algorand, a top-50 cryptocurrency project that is gunning for scalability and transactional performance. Climatetrade announced Wednesday that it has selected the Algorand blockchain to power its carbon offsetting marketplace, which…
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Blockchain technology is just a tool that solves a problem, it cannot be the goal of the entire project. In 2017, when everything concerned with cryptocurrency and blockchain still looked fresh and interesting, it seemed that there would be no day without a new “revolutionary” project or idea. Decentralized financial system, decentralized torrent tracker, decentralized…
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Binance’s interest in DeFi expands globally. The United States arm of Binance, the world’s largest cryptocurrency exchange, has entered a major organization focused on decentralized finance, or DeFi. According to a Sept. 17 blog post, Binance.US has officially joined the Chicago DeFi Alliance. Also known as the CDA, the association is backed by crypto fund…
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The funds will go to 28 companies working on the Ethereum blockchain. The Ethereum Foundation has announced that over $3.8 million in grants will be awarded to teams working on the Ethereum blockchain. In a Sept. 8 post published on the Ethereum Blog, the Ethereum Foundation, or EF, announced that it has given grants to…
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LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19. Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies were established between January and July. …
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London-based crypto-financial technology startup denied Sixgill’s claims that its database was stolen by hackers. Plutus, a crypto finance app founded in 2015, denied social media reports that its database was compromised by a hacking attack launched by alleged threat actors. On July 9, Israel-based threat intelligence firm, Sixgill, published an alert through their official Twitter…
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Serial blockchain investor Tim Draper welcomes diversity in terms of funding blockchain and crypto startups. Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, believes that initial public offerings, or IPOs, are not the best source of funding for industry firms. The billionaire investor joined the Unitize conference on July 6 to talk…
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Mainstream crypto trading interest has been on the rise since fall 2019. Cryptocurrency has seen a rise in mainstream attention starting last fall — before COVID-19 measures took off, according Floating Point Group, or FPG, an algorithmic trading technology startup conceived at MIT. “An increasing portion of our inbound prospects are established industry participants coming from…
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