Monthly Archives: April 2019

Stablecoin USDT Launched on Tron Blockchain

Tether has started issuing its stablecoin USDT on the Tron blockchain. Tether has started issuing its stablecoin USDT on the Tron (TRX) blockchain. The development was announced in a blog post published on April 17. The development is an upgrade from the OMNI protocol-based USDT —  which is pegged to the United States dollar on a 1:1 basis — that now enables users to hold and transfer the cryptocurrency through smart contracts on Tron ensuring instant delivery. “It enables interoperability with Tron-based protocols and Decentralised Applications (DApps) […]

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National University of Columbia Joins Blockchain Global Consortium for Science

The National University of Columbia is joining the Bloxberg global scientific blockchain consortium. The National University of Columbia is joining the global  blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at inTIColombia told Cointelegraph en Español on April 15. Bloxberg is a blockchain initiative formed by 12 research organizations from 10 countries and led by the Max Planck Society, with the National University of Colombia to be the only institution from Latin America. The parties reportedly aim to establish an infrastructure […]

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US Presidential Candidate Andrew Yang Calls for Clear Crypto Regulations

Andrew Yang, a U.S. Democratic Presidential candidate in 2020, is advocating for clear regulations on digital assets. Andrew Yang, a United States Democratic presidential candidate for the 2020 elections, is advocating for clear regulations on digital assets. Yang put the key operative points in a policy published on his campaign website. Yang — an entrepreneur who contributed $120,000 to establish Venture For America (VFA), an accelerator aimed at building new startups in emerging cities — is running for president in 2020. As part of his presidential campaign, […]

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Mueller Report: Russia Used Bitcoin to Fund DNC Hacks

An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U.S. presidential election, the Mueller Report claims. The culmination of a two-year investigation, the “Report On The Investigation Into Russian Interference In The 2016 Presidential Election” details the findings that Special Counsel Robert Mueller and his team uncovered during their inquiry into whether or not the Trump campaign colluded with Russia to hamper Hillary Clinton’s 2016 run for the presidency. United States Attorney General William Barr claimed in […]

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The Reserve Bank of India’s Regulatory Sandbox Accepts Blockchain, Excludes Crypto

Fintech firms can put blockchain technology to the test, but cryptocurrency projects are excluded, India’s central bank has announced. The Reserve Bank of India (RBI) has announced the terms of its regulatory sandbox in report on April 18. Per the terms of the sandbox, various applications of blockchain technology can be tested, while cryptocurrency-related projects are clearly excluded. Sandboxes are used by regulators around the world, including the Financial Conduct Authority in the U.K., so fintech companies can put their innovations to the test with a small […]

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Crypto Exchanges Collaborate With Bithumb to Freeze Stolen Funds After Major Hack

Details are still sketchy after Bithumb lost $18 million due to a hack. In late March, major South Korean cryptocurrency exchange Bithumb lost around $18 million as a result of a hack. While the details are still sketchy — for instance, it is unclear whether or not it was an inside job, as Bithumb initially claimed — a large portion of the stolen funds have been frozen by various exchanges who received them from hackers attempting to sell the loot. However, despite Bithumb stressing that the hijacked […]

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Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter

Over the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value of onchain transactions settled in the last 24 hours. Also read: Strong Evidence Suggests a Single Entity Mined More Than 1 Million Bitcoin Bitcoin Cash Network Processes More Onchain Value Than Most […]

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Fintech Firm Hopes to Overhaul Microwork Industry With Platform Built on Blockchain

sponsored An established fintech platform with millions of users is creating a marketplace in which workers can be paid fairly in crypto for completing microtasks. An established mobile fintech platform with more than 5 million users across 200 countries is launching a decentralized ecommerce ecosystem designed to help anyone with a smartphone make a living, thereby democratizing wealth distribution. Vodi X is the partner company of Vodi, a company that offers its customers the ability to instantly top up prepaid mobile plans worldwide, to buy or send […]

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Volkswagen Joins IBM-Backed Blockchain Platform for Cobalt Supply Chains

Amid ethical concerns about mining cobalt, Volkswagen is joining a blockchain-powered platform to ensure the mineral is ethically sourced. Volkswagen is joining a blockchain-powered scheme to ensure the cobalt used in lithium-ion batteries for its electric vehicles is responsibly sourced. The carmaker announced its involvement in a news release on April 18. The German-headquartered company hopes the technology, built on the IBM Blockchain Platform, will “increase efficiency, sustainability and transparency in global mineral supply chains.” In smartphones to cars, cobalt has become a crucial component for consumer […]

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Bitcoin Hovers Over $5,250 as Top Cryptos See Growth

Most of the top 20 cryptocurrencies are reporting gains on the day as bitcoin hovers over the $5,250 mark. Thursday, April 18 — Most of the top 20 cryptocurrencies are reporting gains on the day by press time, as bitcoin (BTC) hovers over the $5,300 mark. Market visualization courtesy of Coin360 Bitcoin is up almost 1% on the day, trading at $5,297 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up almost 5%. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum (ETH) […]

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