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India: RBI Mulling State-Owned Cryptocurrency

The Reserve Bank of India (RBI), India’s central bank, has become the latest central bank with plans to launch a central bank digital currency otherwise known as CBDC. Despite looking into the possibility of launching a ‘crypto-rupee’, the RBI still… Continue Reading →

Startup Raises $1.5 Million in World’s First-Ever Blockchain-based IPO

In another first for decentralized technology utilization, EU-Startups reports that Greyp has raised more than $1.5 million from investors in the world’s first-ever blockchain-based initial public offering (IPO). The news marks yet another milestone for blockchain technology penetration in the… Continue Reading →

Second Layer Ethereum Scaling Solution ZK Sync Launched to Rival Visa

Layer two scaling solutions have been accepted as the way forward by blockchain developers at large. Putting decentralization at risk by attempting to scale the base layer is a trade-off that doesn’t make sense for this technology. ZK Sync will… Continue Reading →

Mining Giant Bitfury Expands Its Blockchain Services With Exonum Enterprise

Bitfury announced on December 5 the launch of Exonum Enterprise, a private blockchain that allows companies and institutions to launch blockchain projects by exploiting the security of the Bitcoin blockchain. Shifting to Enterprise Blockchain Developer After having previously launched its… Continue Reading →

Brave Browser (BAT) Now Has over 10 Million Monthly Active Users

Brave Browser (BAT), a privacy-protecting internet browser that’s focused on giving the masses absolute control over online activities, while also rewarding them with Basic Attention Token (BAT), has announced that the browser has seen more than 10 million monthly active… Continue Reading →

Kraken Announces the Swiss franc (CHF) as Its Sixth Fiat Currency

Kraken, one of the oldest bitcoin trading venues in the world, has announced the addition of the Swiss franc (CHF) to the growing list of fiat currencies supported on the exchange. In collaboration with its new banking partner, Bank Frick,… Continue Reading →

VeChainThor (VET) Unveils VeVote for Decentralized Governance and Voting

VeChain (VET), a distributed ledger technology (DLT) project aiming to enhance supply chain management and business processes, has announced the launch of VeVote, a decentralized voting system designed to foster transparency and improve VeChain’s governance model, according to a blog… Continue Reading →

Ethereum (ETH) 2.0 Inches Away as Testnet Shows Up on EtherScan

The ETH 2.0 testnet is now viewable to the public thanks to Prysmatic Labs’ client and EtherScan. Prysmatic Labs is building one of the many iterations of an ETH 2.0 client and was funded by the likes of the Ethereum… Continue Reading →

IOST 2019 Recap – Mainnet Launch, Nodes, Staking, Partnerships, and More

BTCMANAGER recently spoke to Terrence Wang, co-founder of IOST, an ultra-fast, decentralized blockchain network based on the next-generation consensus algorithm, Proof of Believability (PoB). Wang summarized IOST’s key milestones & achievements for the year of 2019 & discussed the company’s… Continue Reading →

Deutsche Bank Strategist Theorizes a Bright Future for Crypto If High Inflation Surfaces

The research team at Deutsche Bank put out a report titled “Imagine 2030”, where they analyze the last few decades and put forth a number of scenarios that could play out in the coming decade. In one such scenario, Jim… Continue Reading →

BlockFi Expands Product Stack Into Cryptocurrency Trading

BlockFi, a renowned centralized lending platform in the cryptocurrency industry, has announced the launch of its trading suite for customers in select regions. The trading platform is integrated into their overall stack for easy interaction with their other products in… Continue Reading →

The Rise and Fall of Poloniex: From Exchange Leader to Petty Threats

Poloniex was once the most liquid cryptocurrency exchange in the world, boasting daily volumes upwards of $400 million at one point. However, from poor customer service resulting in faltering exchange activity to being spun off by Circle, the exchange has… Continue Reading →

Microsoft, Enjin (ENJ) Partner to Launch DLT-Based Recognition Project

Microsoft, a global tech giant has joined forces with the Enjin (ENJ) distributed ledger technology (DLT) project to launch a blockchain-based recognition program dubbed Azure Heroes. The project aims to reward tech experts from all backgrounds with unique Ethereum-based non-fungible… Continue Reading →

Dash (DASH) Upgrades Block Explorer to Offer Users More Features

Dash (DASH) one of the top privacy-protecting cryptos in existence has announced plans to update its current blockchain explorer which is built upon the Abe application programming interface (API). The new Dash explorer is based on the Insight API and… Continue Reading →

Ex-Morgan Stanley Developer’s Derivatives Exchange Challenges Crypto’s Status Quo

Last week marked the launch of Phemex, a cryptocurrency derivatives exchange launched by Jack Tao, previously the global development leader of Morgan Stanley Electronic Trading’s benchmark strategy. According to Reuters, the platform can process 300,000 transactions per second and delivers… Continue Reading →

DXM, Ledger, Join Forces to Launch Crypto Custody Platform 

DXM, the crypto-powered financial services platform owned by Dunamu, the parent firm of Upbit Bitcoin (BTC) trading venue, one of South Korea’s leading exchanges, has partnered with cryptocurrency hardware wallet manufacturer, Ledger, to start offering institutional investors crypto custodial services,… Continue Reading →

European Central Bank (ECB) Ready to Launch Digital Euro to Improve Payments

The European Central Bank (ECB) would be considering the possibility of issuing its own digital Euro if the private sector fails to guarantee a convenient changeover for cross-border payments. The news was published by Bloomberg on December 4. Jumping on… Continue Reading →

Germany: Association Uses IOTA DLT to Incentivize Plastic Recycling

Getting people to do good such as recycling and waste segregation requires some degree of economic incentives to be built into the system. Biota, a German waste management association, launched its newest product, Deposy, which acts as a system to… Continue Reading →

Bitcoin and Ether Market Update: December 5, 2019

Total crypto market cap lost $3.9 billion of its value since the morning of Monday, December 2 and now stands at $197.5 billion. Top ten coins are all in green for the last 24 hours with Binance Coin (BNB) and… Continue Reading →

Crypto Hedge Funds Are Closing at a Startling Rate, But All is Not Lost

After the 2017-18 boom-bust that took the market to new highs and dropped it 80-90 percent from there, the current scenario of over 70 crypto-focused hedge funds closing is not very surprising. The number of hedge funds focused on the… Continue Reading →

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