India: Government to Consider Allowing Crypto Tokens, But Not Cryptocurrencies

India: Government to Consider Allowing Crypto Tokens, But Not Cryptocurrencies

The Indian government is considering whether to allow crypto tokens to be used in the country, despite its hardline stance on cryptocurrencies, local news outlet DNA India reports August 10. A committee set up by the finance ministry, under the chairmanship of the Department of Economic Affairs (DEA) secretary, is reportedly working on a set of regulations and roadmap …

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Aragon One And Giveth Team Up To Create Decentralized Altruistic Community

Aragon One And Giveth Team Up To Create Decentralized Altruistic Community

On August 9, Aragon One and Giveth, two blockchain enterprises aiming to revolutionize organizational structure through blockchain technology, announced a joint project to develop the Aragon stack. Aragon is a project aiming to decentralize and revolutionize organizational structures using blockchain. The Aragon Foundation is a non-profit entity, which will oversee the project’s development. Aragon One, the group teaming up …

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Global Blockchain Technologies Corp. Purchases US$20 Million Worth of Bitcoin Mining Equipment from Bitmain Technologies

Global Blockchain Technologies Corp. Purchases US$20 Million Worth of Bitcoin Mining Equipment from Bitmain Technologies

GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (TSX-V: BLOC) has announced that its subsidiary, Global Blockchain Mining Corp., has agreed to purchase 6,666 Antminer S9s from Bitmain Technologies Limited, a privately-owned multinational semiconductor company headquartered in Beijing, China, for a total purchase price of US$20,000,000. The estimated delivery of these units is March 2018. Shidan Gouran, President of GBT stated, “The …

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Can Bitcoin become a mainstream currency?

Can Bitcoin become a mainstream currency?

The world of cryptocurrencies is fast-evolving. Bitcoin was created in 2009. It has been almost 10 years since we’ve heard of digital currencies. Can Bitcoin become one day a mainstream currency like the US dollar? The world of cryptocurrencies is fast-evolving. Bitcoin was created in 2009. It has been almost 10 years since we’ve heard …

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Partnership Announcement Puts Stellar Lightyear’s Ahead Of Rivals

Partnership Announcement Puts Stellar Lightyear’s Ahead Of Rivals

According to reports, a new partnership announcement between SHIFT Markets and Lightyear will see a brand new integration for the Stellar network, one that not only promises to bolster Stellar’s reputation, but also promises ease XLM up too. At the time of writing, XLM is up 5.82%, some of this rise is no doubt down to the …

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Six Interesting Real-World Applications of Blockchain Technology | Infiniti Research

Six Interesting Real-World Applications of Blockchain Technology | Infiniti Research

Infiniti Research, a world-renowned market intelligence solutions provider, has announced the completion of their latest article on the real-world applications of blockchain technology. Bitcoins and cryptocurrencies are no longer the only factors associated with blockchain technology. With the proliferation of technology, the applications of blockchain are now spread across various industrial segments. This press release features …

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Here Is Why The XRP Community Wants The Coin Added As A Base Currency On Binance

Here Is Why The XRP Community Wants The Coin Added As A Base Currency On Binance

The Binance cryptocurrency exchange is one of the most active ones in the crypto-verse. Binance is currently handling a 24 hour trade volume worth $1.108 Billion at the moment of writing this. The exchange facilitates trading through the base currencies of Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and its very own Binance Coin (BNB). Now …

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Today's Close Could be Pivotal for Bitcoin's Price

Today’s Close Could be Pivotal for Bitcoin’s Price

Bitcoin’s (BTC) close today will likely decide the short-term trend in prices. The leading cryptocurrency snapped a three-day losing streak on Thursday as the 26 percent sell-off witnessed in the last three weeks was looking overstretched. What’s more important is that BTC traded yesterday within the high and low range of the previous day, indicating the …

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The Merits of Metronome for Financial Institutions

The Merits of Metronome for Financial Institutions

The following article was originally published on Metronome’s Medium blog. While there are many use cases and benefits of cryptocurrencies to financial institutions — such as rapid settlement or portfolio diversification — these institutions have hesitated when given the opportunity to adopt cryptocurrency, either for reasons of basic unfamiliarity or lurid headlines. The stance has largely been similar to how financial …

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Bitcoin Trading Platform BitMEX Hits 1 Million BTC in Daily Volume

Bitcoin Trading Platform BitMEX Hits 1 Million BTC in Daily Volume

Bitcoin investors might be suffering under the weight of one of the asset’s heaviest-ever bear markets, but for cryptocurrency derivatives exchanges like BitMEX, the mood is anything but sour. “What market downturn?,” began a press release sent from a public relations firm representing BitMEX, reporting that the Seychelles-based exchange had on Wednesday crossed 1 million BTC …

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