Business

Fiat Trading Option To Be Launched By Bittrex

The US-based cryptocurrency trade Bittrex declared that it was in talks with banks to achieve agreements that would give a portion of its customers a chance to exchange USD. As of now, clients can trade more than 200 cryptocurrencies, however, they can’t change overall through US dollars. Bittrex is as …

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First Domestic Blockchain Solution for Logistics Launched By Abu Dhabi Ports

Reported on June 2 by Construction Business News, Maqta Gateway LLC, an entirely possessed auxiliary of Abu Dhabi Ports, has turned into the main element in Abu Dhabi to convey its own blockchain solution. Maqta Gateway has created and launched Silsal — a blockchain-based technology that aims to enhance productivity …

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Cash Transfer Firms Join Ripple’s Ledger-Based Payment Network

Ripple is proceeding to add new customers to its dispersed ledger-based payments network, RippleNet. Singapore-based InstaReM and Sao Paulo, Brazil-based  BeeTech, two international money exchange organizations have banded together to enable clients to profit by Ripple’s item, which they say offers speed, straightforwardness and lower costs. The coordinated effort will …

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Founder of Chinese Ride-Hailing App Plans to Launch a Blockchain ‘Uber’

CEO Funcity and former founder of Chinese ride-hailing application Kuaidi Dache, Chen Weixing has uncovered plans to assemble a blockchain-based ride-sharing comparable to Uber. Declared on Sunday after the 2018 Guiyang BigData Expo at a post-event function that, the new platform will be produced in association with Yang Jun, co-founder …

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First-Ever 7nm Mining Rig To Be Launched By GMO Internet Group

GMO Internet Group, a Japanese internet service chose to put itself all the more immovably in the cryptocurrency market with the arrival of a new ASIC that may contend straightforwardly with Bitmain’s Antminers. Booked for launch on Wednesday, 6th June, these units would be the first ever made, using 7 …

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Yahoo! Japan has decided to launch Cryptocurrency Exchange This Year

Yahoo Japan is eager to launch its own cryptocurrency exchange, indicated by a media source. As per Nikkei Asian Review, the japanese internet firm can take a 40 % stake in BitARG Exchange tokyo one month from now, with an arrangement to fabricate another trade utilizing BitARG innovation in around …

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UK launches task force to scrutinize cryptocurrency risks and benefits

Britain will unveil a task force that examines both the risks and benefits of cryptocurrencies. The U.K.’s finance department, the Treasury, announced Thursday that the task force includes Britain’s central bank, the Bank of England, and the Financial Conduct Authority watchdog. The task force is part of a wider fintech, or financial …

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IT Giant Fujitsu Unveils European Blockchain Innovation Center

Japanese multinational Fujitsu, one of the world’s largest IT services companies, has launched a Brussels-based Blockchain Innovation Center. The company announced the initiative on Wednesday, noting that its primary objective will be to facilitate research on blockchain technology and to develop projects in collaboration with private and public sector organizations. “The center …

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The EU Won’t Wait for Global Agreement on Cryptocurrencies: Spain’s Economy Minister

During the G20 summit, the Spanish Minister of Economy, Industry and Competitiveness, Román Escolano Olivares, revealed that he doesn’t see cryptocurrencies as a threat to the global financial system and that the European Union (EU) may not wait for a globally coordinated effort to regulate cryptos. Speaking on the sidelines …

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15-Year-Old Hacks Hardware Crypto Wallet Ledger

Hardware wallet Ledger Nano S had a break in – teenage security expert, Saleem Rashid, found an issue with the “tamper-free” wallet. The story began on Nov. 2017, when Rashid reported a flaw to Ledger CTO, Nicolas Bacca, which could allow attackers to steal funds from wallet users. Rashid had observed that the …

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