Since cryptocurrencies' market value fell by some 20% in just under two weeks, there is a new report showing that the massive declines in prices of major alt coins have forced around 35 crypto hedge funds to close. Bitcoin, for example, has lost more than 70% of its value as compared to its December, 2017…
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The very first idea of Bitcoin was to have the community of regular people have their "say" in the financial system, especially after the Financial Crisis of 2008. Satoshi Nakamoto invented the "people's currency", as Bitcoin is often called, to put the financial power in the hands of the regular people. In this line…
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Banco Original, the first Brazilian bank to offer a 100% digital checking account, has informed the public that it has chosen FICO as its strategic partner to launch its digital platform. The financial institution, based in São Paulo, aims to create a safe and simplified origination process to reduce bureaucracy while keeping up safety. To…
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Paxos has just announced that the Paxos Standard token (PAX) is now integrated with BitPay as a settlement option for BitPay merchants. By settling transactions in PAX, merchants and businesses globally can have access to the fastest growing stable cryptocurrency that is backed 1:1 with the U.S. dollar. Paxos Standard is the first token issued…
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iComply Investor Services, a RegTech platform for global digital finance and cryptocurrencies, has announced the launch of a new research paper: The Compliance Trilemma: Challenges for ICOs. The research was conducted by PhD candidates from the University of British Columbia (UBC), who analyzed the challenges that ICO issuers face meeting the regulatory standards for issuing…
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Columbia University and IBM have partnered to launch two accelerator programs that will aid the development of blockchain and blockchain-related companies. The programs will act as incubators that will equip startups with the essential knowledge and expertise in the field of blockchain. The accelerator programs will support 10 startup companies, whose founders will benefit from…
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Neufund, the end-to-end solution for securities tokenization and issuance, has just announced that its platform operator, Fifth Force GmbH, becomes the first company to conduct its Equity Token Offering through Neufund. The offering will start on November 27th with a whitelist subscription period, and end on December 15th after seven days of public sale. The…
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Hello Diamonds, a blockchain-powered diamond platform, has announced to be shifting from the Ethereum network to Bitcoin Cash’s new smart contract platform Wormhole. The ultimate goal of the company is to provide a platform for seamless investing in precious minerals, while simultaneously offering the world’s first fully diamond-backed cryptocurrency. Hello Diamonds’ innovative approach convinced 2010…
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Bitcoin has certainly seen better days. The "people's currency" just tumbled 12% to below $5,000, currently trading at around $4,955. This is the lowest level that Bitcoin has hit in a year's time. Since the beginning of 2018, Bitcoin has lost more than 60% of its value, when in December 2017, it was trading for…
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CargoX is a company that offers blockchain-based solutions for the shipping industry. The company just launched its CargoX platform, the first neutral, open and accessible shipping and logistics platform in the world. According to the press release that CargoX issued: "The platform can be used by businesses of any size, and it was recently selected…
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