Binance is one of the largest cryptocurrency exchanges in the world. It just completed its first ever acquisition. Binance bought out the mobile wallet firm Trust Wallet. The company is a mobile app that is essentially an Ethereum wallet that supports Ethereum, ERC20, ERC223 and ERC721. As of now, Binance has not disclosed the amount…
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The Arizona State University Blockchain Research Lab and Dash, a digital currency for payments and e-commerce, have released new research that highlights some of the scaling challenges and potential opportunities for the Dash blockchain. Titled “Block Propagation Applied to Nakamoto Networks,” the paper discusses the results of different scaling solution scenario simulations for the Dash…
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FintruX Network, the global P2P lending ecosystem, has just announced a new addition to its Board of Directors, Bob Rinaldi, a serial entrepreneur and business director. FintruX Network is an online ecosystem that facilitates the lending and borrowing of finances to small businesses in a peer-to-peer marketplace powered by blockchain and no-code development. FintruX Network…
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CryptoCompare, the global cryptocurrency market data aggregator, has just announced that it has entered into a strategic partnership with information giant Thomson Reuters (NYSE:TRI). Under the agreement, CryptoCompare will integrate order book and trade data for 50 coins, sourced from a wide variety of trusted exchanges, into Thomson Reuters financial desktop platform Eikon, providing institutional…
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Bitcoin's price has been recently going up to steady levels of around $8,500, and now the currency is again trading below $8,000. Many have speculated that the primary reason for the renewed interest in Bitcoin is the upcoming Bitcoin ETF. A Bitcoin ETF will mean a lot to the market, especially to hodlers. Unlike Bitcoin…
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Millions of businesses and companies of all sorts have already launched their own coins. There are Youtube videos on how to start your own ICO. Initial coin offerings are said to surpass IPOs in the near future in terms of growth potential and "popularity". Now, one of the biggest fast food chains in the world,…
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CLS, a market infrastructure group delivering settlement, processing, and data solutions, and IBM (NYSE: IBM) have just announced a collaboration on a proof of concept (PoC) for LedgerConnect − a distributed ledger technology (DLT) platform for the financial services industry designed to enable banks, buy and sell side firms, FinTechs and software vendors to deploy,…
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LeapRate Exclusive... LeapRate has learned that regulated cryptocurrency exchange DX.Exchange has raised a significant amount of venture capital from Silicon Valley-Israeli VC firm NFX. DX.Exchange was launched earlier this year by former Oanda UK and Alpari UK CEO Daniel Skowronski, as was exclusively reported by LeapRate back in May, and is being being built on Nasdaq’s…
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Soluna Technologies, Ltd., the company powering the blockchain-economy with low-cost renewable energy, has just announced that it is launching its utility-scale blockchain computing facility integrated with its own renewable energy resources. Soluna plans to develop its own 900MW wind farm power plant in Morocco in one of the world’s windiest regions and combine it with…
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Bitcoin is currently rising, although not in a "hockey-stick" manner, but investors and hodlers have faith that the currency will continue its climb and soon hit the $10,000 critical price level. However, at the very beginning of 2018, the cryptocurrency market went down by a huge percentage. Overall prices went down by 60% and Bitcoin…
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