CBOE is reportedly putting on "hold" its Bitcoin Futures market. The exchange announced that it will not be adding a new bitcoin futures offering in March. The cited reason is that CBOE will need to review the process and the product itself. The news was actually made by CBOE Futures Exchange or CFE. The unit…
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Blockchain has been used in multiple sectors and organizations across the world. From healthcare to the diamond industry, various elements of businesses have been disrupted by blockchain. Now, a new, giant blockchain project is coming to life - one that actually works to improve the actual interoperability between various blockchains. The blockchain is called Cosmos.…
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While many are awaiting the Bitcoin ETF, a blockchain one is going up on the the London Stock Exchange. Invesco, an investment management company, has formed a partnership with Elwood Asset Management, a digital asset investment firm to launch a blockchain ETF on the London Stock Exchange. The goal of this partnership is to improve…
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Blockchain is breaking new barriers, it seems. Saudi Arabia is now testing a blockchain pilot project for the testing of oil quality. The idea is to "track" the oil and gas industry. The announcement comes from Aramco's CTO, Mr. Ahmad Khowaiter. According to Sputnik News, Khowaiter expressed his positive outlook on the project: There are a…
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There are absolutely a lot of dubious ICOs out there - more than 70% of all ICOs created and funded in 2017 and 2018 are gone, and with them, the money of the investors. The problem is that while there is always risk with investing, especially in something as speculative as an ICO, founders should…
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Kakao Corporation is the parent company of the messaging app "KakaoTalk", based in South Korea. The parent company just recently managed to raise the staggering amount of $90 million for its new blockchain platform called "Klaytn". According to Bloomberg and Finance Magnates, the company is looking to raise more or less the same amount of…
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There is a new partnership on the horizon, it seems. This time it involves both coffee and cryptocurrencies. Starbucks is reportedly partnering with the American cryptocurrency platform Bakkt. The coffee giant may start accepting Bitcoin for coffee right after a sizeable equity deal between Bakkt and Starbucks. Starbucks is a founding partner of the crypto…
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In February 2019, Coinbase, the largest US cryptocurrency exchange, acquired blockchain analytics startup, Neutrino. The Italian company was acquired for an undisclosed amount of funds, and even right after the acquisition, Coinbase faced immediate backlash over the move since Neutrino had some suspicious roots in its development as a company and especially in its team.…
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The oldest continent in the world has a huge problem: the sending and receiving of money. Africa "boasts" the highest remittance fees and cross-country transaction payments is not easy at all. The problem with payment facilitation in the country comes from the fact that anyone wishing to make a payment from outside Africa needs to…
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The price of Bitcoin may be plunging, but there are pretty interesting statistics to acknowledge. According to data from Data Light, around 74% of all bitcoin nodes are located in only 10 countries, with the United States having the largest number of nodes. In the US there are 2,625 Bitcoin nodes, while in Germany there…
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