Monthly Archives: September 2019

German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin

German Finance Minister says that policymakers cannot accept “parallel currencies” like Facebook’s proposed Libra and must reject them clearly. German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As reported by Reuters, on Sept. 17, German Vice Chancellor and Finance Minister Olaf Scholz said during a panel discussion in Berlin that Facebook’s planned crypto coin Libra will be clearly rejected. He said: “We cannot accept a parallel currency. […] You have to […]

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Iota Introduces Chronicle, a New Solution for Long-Term Data Storage

The Iota Foundation has introduced Chronicle, a permanode solution to allow its node owners to easily store all of their transactions for long-term access. Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data. Iota’s unlimited storage solution On Sept. 17, the Iota Foundation announced Chronicle, which allows node owners to store all the data of the Tangle and quickly access that data when needed over an indefinite length of […]

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Coil, Mozilla, Creative Commons Offer $100M Grant for Web Monetization

Ripple-backed content platform Coil and open-source browser Mozilla have teamed up to give away a $100 million grant for web monetization. Ripple-backed content platform Coil and major open-source browser Mozilla have teamed up to give away a $100 million grant for web monetization. In a Sept. 16 blog post, the team behind Coil revealed that it, Mozilla and Creative Commons, a nonprofit that provides free licenses for creators, are jointly donating $100 million for a program aimed at facilitating and improving monetization on the web. “Grant for […]

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Altcoins Continue Explosive Bull Run While Bitcoin Stalls at $10,200

Altcoins are continuing their unexpected explosive bull run, while Bitcoin is trading flat at around $10,200. Tuesday, Sept. 17 — Altcoins are showing massive upward price movements, while the No.1 cryptocurrency trades flat at around $10,200. Market visualization. Source: Coin360 While the number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 — has hit an all-time high, the Bitcoin price continues to trade sideways, with an intraday high of around $10,320. BTC has been slowly trading downwards to its current trading price […]

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Freelance Employment Platform Receives Developer Grant from MakerDAO

Blockchain-based freelance platform Opolis receives MakerDAO developer grant to give its freelancers the choice to pay and be paid in DAI. Blockchain-based employment platform Opolis has announced that it received a developer grant from MakerDAO, the creator of stablecoin DAI. MakerDAO will bring DAI payment integrations to Opolis On Sept. 17, in a press release shared with Cointelegraph, freelance platform Opolis and MakerDAO announced that they will bring stablecoin DAI to Opolis’ blockchain-based employment platform for freelancers. The developer grant provided by MakerDAO will enable Opolis to […]

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Huobi Expands to Argentina, Plans to Launch Fiat-to-Crypto Gateway

Singapore-based cryptocurrency trading platform Huobi has rolled out an exchange in Argentina, planning to add support for a fiat-to-cryptocurrency gateway. Singapore-based crypto and blockchain company Huobi Group has rolled out an exchange in Argentina, planning to add support for a fiat-to-cryptocurrency gateway. Per a press release shared with Cointelegraph on Sept. 17, Huobi officially launched Huobi Argentina using Huobi Cloud, a service that allows users to build over-the-counter (OTC) and digital asset exchanges on top of Huobi’s existing platform. Fiat-to-crypto gateway For now, Huobi Argentina’s users can […]

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Hedera Hashgraph — Deep Look Into 10,000 Transactions Per Second Claim

Performance claims of Hedera’s “third-generation” distributed ledger being called into question, what is the protocol really capable of? Hedera Hashgraph, a decentralized public network targeting enterprises and claims to be capable of processing 10,000 cryptocurrency transactions per second (TPS), has publicly launched its beta mainnet this Monday. Despite the project’s governing council attracting membership from major multinational corporations — including IBM and reportedly Boeing — some analysts are expressing skepticism regarding Hedera’s representation of Hashgraph’s purported performance. Hedera introduces the Hashgraph algorithm Hedera first launched on March […]

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Binance to Launch Lending for XMR, ZEC and DASH This Week

After starting up Binance Lending Service in late August, Binance expands its lending products this week, with support for Monero, Zcash and Dash. Binance exchange will feature three new coins within the fifth phase of its crypto lending product available for subscription starting from Sept. 20. Same interest rate for all 3 coins After initially launching its Binance Lending Service on Aug. 28, Binance will now allow users to lend assets and earn interest with three major altcoins, including privacy-focused coin Monero (XMR), Zcash (ZEC) and Dash […]

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18,000 Traders and Growing – Bitcoin.com’s Crypto Exchange Shines Brightly

Since exchange.Bitcoin.com launched, our premier trading platform has seen a significant influx of users from Asia and Europe. So far, the grand opening of Bitcoin.com’s exchange has led to more than 18,000 registered traders. Moreover, exchange.Bitcoin.com’s Chief Operating Officer, Danish Chaudhry, explained that the exchange launch and the last two weeks of trading have been a success, and account signups continue to grow. Also Read: Plans to Build $50M Bitcoin Cash Tech Park Revealed Bitcoin.com’s Premier Crypto Exchange Captures 18,000 Users Bitcoin.com recently launched a new trading […]

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CFTC Appoints Former Coinbase Exec as Director of Market Oversight

Coinbase vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission. Coinbase’s vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission (CFTC). The U.S. CFTC Chairman Heath P. Tarbert announced on Sept. 17 that DeWitt will take responsibility for the CFTC’s oversight over derivatives platforms and swap data repositories, as well as other new platform-traded products. From asset […]

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