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Ripple: Flare Networks launches Ethereum’s smart contracts on XRPL

August 13, 2020 Blockchain, ETH, Ethereum, News, Ripple, XRP Eddy 0

Flare Networks has published the first whitepaper 1.0, which describes the functioning of the ecosystem in more detail. By using the Flare Network, smart contracts can be executed on the XRP Ledger without further detours. According to the white paper published a few days ago, Flare Networks solves two fundamental problems of the blockchain industry. […]

Russia Plans to Track BTC & Crypto Transactions with New AI Tool

August 13, 2020 Blockchain Tech, News, Regulations Eddy 0

According to Russian news media RBK, Bitcoin and crypto transaction tracking will soon be under the purview of the Russian Financial Crime Agency Rosfinmonitoring in a new project, where the agency intends to utilize artificial intelligence (AI) technology to render these transactions transparent to authorities. The agency was established in 2001 to oversee anti-money laundering […]

LINK Overtakes BCH To Become 5th Most Capitalized Asset in Crypto Market

August 13, 2020 Investment News, News Eddy 0

Chainlink (LINK) has had an eventful few weeks, hitting new highs continuously since July after months of trending largely sideways. LINK began its price ascent on July 6, growing from $4.84 to $8.32 in less than a month, before shooting precipitously upwards to record $9.49, then $13.12 and $13.50 shortly after. Prices dipped to under […]

DEX Aggregator 1inch Raises $2.8 Million in Funding Round Led by Binance Labs & More

August 13, 2020 Binance, Blockchain Tech, Business, Cryptocurrency Exchange, DeFi, Fintech News, News Eddy 0

The latest of rising stars in the DeFi sector, decentralized exchange (DEX) aggregator 1inch recently closed a funding round led by Binance Labs and other institutional players in the market, such as Galaxy Digital, Dragonfly Capital, FTX, Loi Luu, the Founder of Kyber Network, Illia Polosukhin, the Co-Founder of NEAR Protocol and others. 1inch has […]

Cardano (ADA) will be operated by the community in 2021

August 12, 2020 ADA, Cardano, News Eddy 0

IOHK CEO Charles Hoskinson has celebrated the Cardano community’s initiative to create independent guilds to represent staking pools. Hoskinson compared Cardano’s community to the early days of Bitcoin. In a new video update IOHK CEO Charles Hoskinson has celebrated an initiative taken by Cardano‘s community. Hoskinson confessed to being surprised by the prompt action after […]

Post OCC decision: US banks demand clarity for Bitcoin and crypto custody

August 12, 2020 Bitcoin, BTC, News Eddy 0

About 12 banking institutions in the United States are asking for greater clarity for the custody of Bitcoin and other cryptocurrencies. The banking institutions responded to a public call from the Office of the Comptroller of the Currency (OCC). As reported by CNF, the US Office of the Comptroller of the Currency made a groundbreaking […]

Ethereum DeFi farmers rush to YAM, SRM up 1,700%

August 12, 2020 ETH, Ethereum, News Eddy 0

The Serum protocol token SRM has attracted the attention of Ethereum DeFi investors by registering a 1,700% pump after its introduction. YAM of the Yam.Finance protocol is approaching 50% gain in less than 24 hours after launching. Although the crypto market has suffered a setback after Bitcoin was rejected at the $12,000 mark, the DeFi […]

Cardano: These exchanges integrated Shelley, major update for Yoroi

August 12, 2020 ADA, Cardano, News Eddy 0

IOHK has published an update on the exchanges that have already completed the integration of Cardano’s Shelley. Yoroi has released an important update for the Google Chrome extension yesterday, which now allows the delegation of ADA. After the successful implementation of the Shelley hard fork on mainnet on Wednesday, July 29, 2020, at 21: 44: […]

VeChain and Oxford University drive for blockchain adoption with cooperation

August 12, 2020 News, Vechain, VET Eddy 0

The VeChain Foundation and the University of Oxford have announced an expansion of their partnership, under which both will jointly provide independent scientific advice. Both partners have developed an evaluation framework for blockchain consensus protocols to promote adoption by the industry. The VeChain Foundation is expanding its cooperation with the University of Oxford. As announced […]

Crypto-Crash: Bitcoin falls by $900 and starts consolidation

August 12, 2020 Bitcoin, BTC, News Eddy 0

Bitcoin has fallen to $11,125 after a renewed test of the $12,000 mark. Analysts regard this correction as healthy and sustainable and forecast a further increase from this price level. Bitcoin bounced off the $12,000 mark again yesterday and was unable to stabilize above this strong resistance. As a result, the Bitcoin price fell briefly […]

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