Only a couple of days after China announcing the domestic ban of several exchanges trading bitcoin, the cryptocurrency is back with 30% price increase in several days. The news that the Chinese exchange bans will not really impact the overall cryptocurrency industry around the globe calmed the markets. Only in the afternoon today, September 18th,…
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After hitting historic lows of $3,000 in the last week, Bitcoin is now stabilizing its price level with rising $600 and gradually shaking away the China new cryptocurrency policies and JP Morgan's CEO slandering comments. According to CryptoCompare data from this morning, September 15th, the price of Bitcoin has risen with around 2% to $3,620.…
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Up until recently, national banks and governments enjoyed a full monopoly over people. With the rise of cryptocurrencies and the sharp rise in fintech, "people's currency" is becoming more and more popular around the world. However, the monopoly over money has become a serious issue for both institutions and big-time CEOs. As a result, the…
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SETL and four asset management firms announced today the launch of IZNES, the pan-European fund record-keeping platform based on blockchain technology. The platform provides investors, asset management firms, distributors and wealth management advisers with easy and rapid access to fund units. The platform enables firms to enter into new relationships with investors, manage KYC processes,…
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“Cashless India”, the Digital India Program of the Indian government, was announced over an year ago with the vision to transform India into a digitally empowered society and familiarize the country with digital currency and the future demise of cash. Thus, the Central Bank of India is currently looking into digitalizing the fiat rupee in…
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As of 2017, according to the Lawnmower Blockchain Index, blockchain assets outperform by far all global bond and stock indices, with +374% up as opposed to equities with +15.7% and bonds with +3.95%. At such growth levels and the overall bullishness of investors around the globe, it is no wonder that the cryptocurrency frenzy is…
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ICOBox, the provider of SaaS (software as a service) ICO technology, marketing, and legal solutions, announced that has launched a “blockchain jumpstarter” platform aimed at helping launch 800 ICOs in the first year of its operations, targeting $12 billion in total amount of funds collected. ICOBox’s ICOS token is the first token to provide its…
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Tether Limited, a leading provider of tokenized traditional government-backed currencies, today announced in partnership with Ethfinex the launch of Tether ERC20 tokens on the Ethereum blockchain, enabling tokenized US dollars to be exchanged on the Ethereum network for the first time. Launched in 2014, Tether was the first blockchain-enabled platform to allow traditional currencies to be tokenized,…
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Serial entrepreneur and Dallas Mavericks owner Mark Cuban, long a Bitcoin skeptic, has increased some of his cryptocurrency and technology investments recently. Cuban's latest backed venture, Mercury Protocol, has just released a white paper detailing how it plans to use Ethereum blockchain technology to disrupt the global communications industry. According to Mercury, modern communication is…
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Hive Project has announced the successful completion of its token sale, raising USD $8.95 million (BTC 2087) from 2234 global supporters. The Hive Project tackles barriers to liquidity faced by SMEs by providing an alternative source of liquidity to that offered by traditional financial institutions. While European Commission reports that SMEs represent over 99 percent…
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