A new crypto exchange to be launched in the Cayman Islands

A new cryptocurrency exchange is coming to the Cayman Islands. According to a press release by Cayman Islands Investment Group (CIIG), the exchange has been in the works for more than a year and is finally ready to be launched. The new trading platform comes as the Cayman Islands government is diligently working to clean…

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Funding Platform SeriesOne Partners With Polymath to Use Its Security Token Protocol

United States-based crowdfunding platform SeriesOne has partnered with security token protocol platform Polymath, according to a press release published on March 19. The new partnership intends to create a digital securities offering ecosystem via the SeriesOne platform. According to the press release, the partnership between SeriesOne and Polymath will let token issuers create and manage…

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Crypto Adoption In South Korea Continues To Grow With Kakao

South Korea is a country that delves into new and upcoming technologies all the time. In fact, the capital of the nation, Seoul has been ranked as the world’s ‘leading digital city’ and the ‘tech capital of the world’. Kakao is one of the biggest messaging apps in the country and with more than 44…

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A crypto mining startup wanting to challenge the big guns appears to be just a scam

A new company emerged recently, promising to revolutionize cryptocurrency mining. OnMiners, based in Luxembourg, touted a new generation of mining rigs that use endothermic chips to lower energy consumption and lower mining costs. Chips capable of helping mining operations would be welcome by virtually the entire community if they were cost-effective and efficient, but it…

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Stellar (XLM) Surges After Becoming A Direct Rival To SWIFT

Stellar’s native coin XLM has recently surged by 11% in a few hours following IBM’s move of signing up to 6 banks to use the digital asset for cross-border remittance payments. Following the great news of IBM’s banking partnerships to use XLM and issue stablecoins, the XLM crypto saw a surge a couple of days…

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Midas Protocol Blends with Kyber Network and IDEX to launch Universal Crypto Wallet

Midas Protocol, a universal crypto wallet bringing accessibility and security for all users in the crypto space, is designed for both the expert and crypto newbie alike. It is built to be the most innovative crypto wallet for all essential cryptocurrency operations, including safekeeping, intelligent trading and portfolio management. The Midas ecosystem uses a collection…

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Ripple Prediction: XRP – The Most Likely Coin To Rise In 2019, According To Japanese Internet Giant Survey

Ripple and XRP are still shining in the spotlight and if all their latest achievements were not enough, here’s another great news regarding the digital asset. The Japanese Internet giant GMO, operator of crypto exchange GMO Coin just released the results of a new web survey dating from January 30 to February 20. XRP’s price…

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Ripple Price Analysis: XRP Could Decline To $0.3000 As Sellers Take Control

Ripple price is under pressure below the $0.3150 and $0.3200 resistance levels against the US dollar. The price is struggling to stay above the $0.3100 support and it could decline sharply. There is a major bearish trend line in place with resistance at $0.3140 on the hourly chart of the XRP/USD pair (data source from…

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TNW: Binance Lite to Allow Australians to Purchase Bitcoin at Newsagents

Major cryptocurrency exchange Binance is expanding its “Binance Lite” service to allow Australian residents to purchase Bitcoin (BTC) at newsagents, technology news outlet The Next Web reported on March 19. The new service Binance Lite — which will initially be introduced in Australia — is purportedly set to enable customers to buy digital currency with…

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New ERC-20 Stablecoin Generates up to 45% Profit to Crypto Investors

A new decentralized stablecoin from the Japanese company USDDex will be available for purchase by crypto investors 1 month before its launch on cryptocurrency exchanges in a limited number with 45% bonus. A new era in blockchain evolution Most analysts and experts at the cryptocurrency market with certainty declare 2019 as the year of stablecoins. The…

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Bithumb to lay off over 50% of its staff

Many employees of the largest crypto exchange in South Korea, Bithumb, will soon be jobless. The exchange announced on March 19 that it will be laying off 50% of its employees. According to the announcement, reported by CoinDesk Korea, Bithumb will be cutting its staff from 310 to around 150. An unnamed official confirmed the…

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ICE adds Bitcoin SV, other digital assets to its data feed

Intercontinental Exchange (ICE), the company behind NASDAQ and the upcoming Bakkt cryptocurrency trading platform, is ready to launch its Cryptocurrency Data Feed. The feed, which is offered by ICE Data Services, allows crypto traders to better gauge the markets and receive pricing information to better manage their investments. The Data Feed is a collaborative effort…

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MakerDAO Polls Users on Fresh Fee Increase to 7.4 Percent as Stablecoin Wobbles

Decentralized Autonomous Organization (DAO) MakerDAO (Maker) has upped its demands to increase one of its network fees, this time to 7.5 percent, the company confirmed in a blog post on March 18. Maker, which issues USD-pegged stablecoin Dai (DAI), is seeking to improve the cryptocurrency’s stability. The organization aims to do so by raising its…

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Expert Research: PrimeXBT To Surpass $250B In Trading Volume In The Next 6 Months

Trading volumes climbed alongside Bitcoin’s price during its parabolic advance back in 2017. But the following bear market that followed the break below $20,000 has caused trading volumes to dwindle throughout 2018. However, 2019 has started off with a bang, and trading volumes have begun to rise yet again, surpassing the trading volumes witnessed during…

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Another long-time Bitcoin Cash supporter switches to Bitcoin SV

Last month, long-time Bitcoin Core (BTC) fan Kevin Pham announced that he was switching his alliance and would begin supporting Bitcoin SV (BSV). The move was symbolic, given Pham’s history with cryptocurrencies, even though some have asserted that he only made the announcement to irk the Bitcoin Cash (BCH) community. Regardless of the reason, it…

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Blockchain Roadmap To Boost Funding In Australia

Australia has revealed a national blockchain strategy and roadmap, with a boost of $100,000 in further funding from the federal government. This news came in a joint press release from two Australian ministries on 18th March. Karen Andrews is the Minister for Industry Science and Technology and the Minister for Trade, Tourism and Investment, Simon…

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This Week in Crypto: Over 3 million stores targeted for Massive XRP adoption, Forte and Ripple to Invest $100 Million On Mainstream Blockchain Games, Stellar (XLM) Gets Listed on Coinbase Pro And More

This week could be described as Ripple week. With so many significant happenings concerning the project, this is arguably the week with the most news on Ripple (XRP). In today’s summary, we have handpicked the most interesting of the stories for you to have a look and possibly go back to read the full stories….

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IBM And Stellar Partnership Aims To Revolutionize Cross-Border Banking

IBM’s head of blockchain solutions Jesse Lund has just confirmed that they are preparing for a massive announcement about the World Wire platform which uses the Stellar decentralized protocol to power cross-border payments. Stablecoins’ utility Lund told Cheddar that banks are interested in using stablecoins to move money across the globe. In comparison with traditional…

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French court clerks to use blockchain based platform for operations

Commercial court clerks in France will soon start recording changes relating to companies’ legal status using a blockchain based platform. According to the official announcement made on March 14, court clerks will start using a blockchain-based platform aimed to increase transparency and efficiency in legal transactions that are related to the lifecycle of companies in…

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Weiss Ratings Says Stellar (XLM) Technology is Superior to Ripple’s (XRP), But Is It?

Coinbase listed Stellar (XLM) a few days ago on Coinbase Pro just weeks after it listed Ripple’s XRP. This has drawn the attention of Weiss Ratings, the foremost financial rating firm that recently expanded its scope to cryptocurrency. In a Twitter post following the listing of XLM, the firm said XLM will potentially see greater…

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