Adoption

Cardano joins Messari’s open-source disclosures registry, promises increased transparency and smarter decision-making

In what seems like a part of the ongoing effort toward its ecosystem’s development, Cardano Foundation announced teaming up with Messari. The official announcement stated, “We’ve joined @MessariCrypto for #Cardano to be listed in their #open-source disclosures registry to increase transparency. More details and formal announcement to follow once the listing is live.” This information...
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Software Engineering Firm EPAM Joins Blockchain in Transport Alliance

EPAM Systems Inc. has joined the Blockchain in Transport Alliance, which develops blockchain standards in the transportation, logistics and supply chain industries. Software engineering and IT consulting services firm EPAM Systems Inc. has joined the Blockchain in Transport Alliance (BiTA) that develops blockchain practices and standards in the transportation, logistics and supply chain industry. According...
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Santander Group to offer Ripple powered service to Latin America

Santander Group unveiled its plan to expand services associated with Ripple technology. With the aim of building an efficient payment gateway, the bank wants to deliver services to Latin American customers so that they can carry out transactions and send the money effectively to the US without any charges. Currently, only U.K. and Spain-based customers...
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BitMEX extends access restrictions to Seychelles, Hong Kong and Bermuda

The ongoing crypto adoption drive has been propelled mainly by the ecosystem’s exchanges that serve as a gateway for many users across the globe. In a recent blog post that details on “ensuring the continued compliance” of the platform, BitMEX made a shocking revelation by stating, “Seychelles, Hong Kong and Bermuda will be added to...
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Gemini exchange welcomes David Damato as new Chief Security Officer

Amid the ongoing race to beat the fiat system, the crypto ecosystem is on the constant drive to include the most promising innovators in their arsenal. In this regard, Gemini, a leading cryptocurrency exchange and custodian, announced on August 19 that David Damato joined the company as the new Chief Security Officer (CSO). The acquisition...
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Black Manta Capital Partners receives BaFin licence for security tokenization

Black Manta Capital Partners (BMCP) announced the successful reception of the BaFin licence. As a result of the licence, the company will be able to “provide regulated financial brokerage services using blockchain technology in accordance with the MiFID II regime.” Based on the original press release, “With so-called Security Tokenization, BMCP converts rights to an asset...
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Bitcoin Simply Existing Positively Impacts Monetary Policy: Research

The existence of private decentralized cryptocurrencies like Bitcoin has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. The existence of private decentralized cryptocurrencies like Bitcoin (BTC) has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. TThe argument was put forth in a paper published on...
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Binance’s version of Libra, dubbed “Venus Plan” is out of the box

Binance has unveiled the ace up their sleeves, in vague terms, an alternative to Facebook’s Libra. The unveiling, dubbed “Venus Plan” is to end the financial hegemony by using technological innovation power that cryptocurrencies have brought forth. Venus is going to be an “independent regional version of Libra”. Unlike Facebook’s Libra, Venus, hopefully, will not...
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Second-Largest Indian State to Use Blockchain in Various Spheres

The second-largest state in India, Maharashtra, is ramping up its plans to apply blockchain tech across various spheres of administration. The government of the Indian state of Maharashtra is preparing a regulatory sandbox for testing blockchain solutions across various applications.  According to a report by Indian English-language news daily DNA India on Aug. 19, the...
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China’s Shenzhen special economic zone will now support digital currency research

The special economic zone of China located in Shenzhen province will now support research on digital currencies as reported by a local daily. China has been ambivalent on cryptocurrency, where they had earlier banned exchanges from operating in the country. However, a lot has changed in recent times. According to the report, “The Central Committee...
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Biggest Crypto Hedge Funds and What They Tell About the Market

Who are the biggest hedge funds operating in crypto today and how much do they have invested in crypto and blockchain firms? The total market cap for all cryptocurrencies stands at $293 billion, and while much of this value has been generated by individual traders buying and selling their own private stashes of crypto, it’s also...
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