Monthly Archives: June 2019

Polish Bank Verifies Documents With Ethereum Blockchain

A universal bank in Poland is using blockchain technology to let customers verify the authenticity of their banking documents. Alior Bank, a bank based in Warsaw, Poland, is using the public Ethereum blockchain to authenticate its clients’ documents, according to a report by Forbes on June 17. According to the report, when a client at Alior receives a document, they can now verify its authenticity by following a website link to its spot on the public blockchain. This means that customers can verify that the document in […]

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Canadian Pharmacy to Track Cannabis via Blockchain in New Pilot Program

Blockchain technology is now being used in a pilot program for tracking cannabis supply chains. Canadian pharmacy chain Shoppers Drug Mart has partnered with blockchain company TruTrace Technologies Inc. to launch a pilot program for cannabis supply chain tracking via blockchain, according to a report by Bloomberg on June 17. According to the report, this blockchain tracking system will be used to identify and track medical cannabis, with data included such as the strain’s source and genetics. This data will purportedly allow doctors to issue more effective […]

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Ripple to Invest Up to $50M in MoneyGram Following New Partnership

Ripple will provide up to $50 million to MoneyGram has part of a new two-year partnership. Major money transmission network MoneyGram has entered into a strategic partnership with blockchain-based payments firm Ripple, according to a press release on June 17. As part of the two-year agreement, the two firms will become partners in cross-border payments and foreign exchange settlements with digital assets. As part of the agreement, MoneyGram will be able to draw up to $50 million dollars from Ripple in exchange for equity. MoneyGram will purportedly […]

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Santander Loses Appeal Against Brazilian Crypto Exchange, Fine Upheld

Spanish bank Santander has lost an appeal in a Brazilian court regarding the closure of a cryptocurrency’s account. Major Spanish bank Santander has been denied an appeal regarding a decision by the Court of Justice of the State of São Paulo in a case against crypto exchange Mercado Bitcoin, Cointelegraph Brazil reports on June 17. Santander was sued by the Brazilian exchange Mercado Bitcoin in 2018, after the bank purportedly closed the exchange’s account at its sole discretion. The bank, which has branches in Latin America, cited concerns […]

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Zcash Rolls Out New Software Client to Bolster Network Health

The Zcash Foundation has partnered with Parity Technologies to release a second software client for cryptocurrency Zcash. Nonprofit organization The Zcash Foundation has partnered with blockchain company Parity Technologies to release a new, open source software client for the cryptocurrency Zcash, according to a press release on June 17. The new software client, Zebra, purportedly exists to provide redundancy in the case of its first client — Zcashd — failing. Zcash hopes this will provide better security for its crypto network as a whole. Additionally, the client […]

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Bitcoin Cash Development Fund Receives Massive Support

The Bitcoin Cash community has greatly advanced its efforts to support the sustainability of the cryptocurrency with a fundraiser whose contributions are donated to developers. The campaign has already reached the 95% milestone out of an initial goal of raising 800 BCH for the development fund by Aug. 1, 2019. Also Read: Crypto Cards in Weekly Video Update From Bitcoin.com Bitcoin Cash Community Strongly Backs Developers A number of big donations to the Bitcoin Cash Development Fund have just brought the total community contribution made to the […]

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BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 17/06

There are signs of increasing institutional interest in cryptocurrencies. Can this propel the markets to the next level? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. In the previous bull market, there was hardly any institutional involvement. Barring a few die-hard crypto enthusiasts, who were ‘hodlers,’ the rest of […]

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Binance Announces Bitcoin-Pegged Token on Binance Chain

Major cryptocurrency exchange Binance announced BTCB, a bitcoin-pegged token on Binance Chain. Major cryptocurrency exchange Binance announced BTCB, a bitcoin (BTC)-pegged token on its native blockchain, Binance Chain, in a blog post on June 17. Per the announcement, the newly-released BEP2 token will be traded on Binance and will also be available on its decentralized counterpart Binance DEX. Furthermore, this asset is one of a series of cryptocurrency-pegged tokens which the company intends to launch on Binance Chain. The post states that BTCB are 100% backed by […]

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PR: Monarch Launches IEO on LAToken Exchange

Monarch is changing the world of Crypto. With a Universal Decentralized Crypto Wallet, The MonarchPay payment solution allowing businesses and individuals the ability to receive BTC & ETH payments and get paid in Fiat, along with the Monarch Marketplace & Motor, Monarch is on track to become the One Platform to Rule Them All. Monarch Overview: The Monarch Wallet: ONE APP TO ACCESS THEM ALL Monarch combines all your favorite blockchain services in one place. One login, one KYC for all-supported blockchain or crypto services, with access […]

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Internet Authority: History of Centralized Companies Being Hostile Toward Crypto

In the wake of CCN’s Google saga, CT looks at which centralized companies have been hostile to crypto firms in the past. On June 10, one of the top cryptocurrency media sites, CCN, initially announced that it would shut down, citing a June 3 Google Core Update for stifling its traffic. Writing on the website, the director and founder of CCN Markets and Hawkfish AS, Jonas Borchgrevink, blamed the update for an overnight fall of 71% of the site’s mobile traffic. While Borchgrevink noted that ups and […]

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