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A Bitcoin-Backed Stablecoin Has Launched On The Ethereum Blockchain

A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain

news A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. As stated on…
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Italian Postal Service Joins Hyperledger Blockchain Community

Italian Postal Service Joins Hyperledger Blockchain Community

The Italian postal service provider, Poste Italiane, has joined the Hyperledger blockchain community, Cointelegraph Italia reported on Jan. 29.Hyperledger is a collaborative project led by the Linux Foundation which aims to create open-source standards for blockchain and Distributed Ledger Technology (DLT). It includes several industry leaders, including American Express, Cisco, Intel , JPMorgan, Deloitte and…
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ConsenSys Developer Joins Ethereum Classic Cooperative As Executive Director

ConsenSys Developer Joins Ethereum Classic Cooperative as Executive Director

Bob Summerwill, a developer at blockchain tech company ConsenSys, has joined the Ethereum Classic Cooperative as its executive director, according to an official announcement on Jan. 29.The Ethereum Classic Cooperative manages the development and growth of the Ethereum Classic (ETC) cryptocurrency’s protocol. Ethereum Classic is the result of a hard fork in 2016, arising out…
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Report: Nearly 80 Percent Of Crypto Event Attendees Are Male

Report: Nearly 80 Percent of Crypto Event Attendees Are Male

79 percent of attendees at crypto events are male, according to a report by events-oriented software firm Bizzabo on Jan. 28.After analyzing the registration information of 100 different cryptocurrency-related events in 15 countries, Bizzabo found that the overwhelming majority of attendees were male. In the course of the survey, Bizzabo took data from the United…
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Bitcoin 2019: A Peer-to-Peer Conference For The Whole Bitcoin Community

Bitcoin 2019: A Peer-to-Peer Conference for the Whole Bitcoin Community

The first major Bitcoin conference, Bitcoin 2013, was held in San Jose, California. Organized by the Bitcoin Foundation, it was centered on Bitcoin specifically and the more pragmatic issues that Bitcoin was trying to solve, particularly in the areas of Bitcoin technology, Bitcoin mining, Bitcoin business and regulatory issues. Writing for Bitcoin Magazine at the…
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Fidelity’s Bitcoin Custody Service Could Launch This March

Fidelity’s Bitcoin Custody Service Could Launch This March

Fidelity Investments, one of the world’s largest asset managers, is breaking into bitcoin custody. According to a recent report from Bloomberg, three people “with knowledge on the matter” from firms in contact with Fidelity have said that the company is tentatively planning to launch a custody service for bitcoin in March. This move would fall…
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South Korean Fintech Firm Launches ‘First’ Won-Backed Stablecoin

South Korean Fintech Firm Launches ‘First’ Won-Backed Stablecoin

South Korea-based fintech firm BxB Inc. has launched the first supposed stablecoin backed by the Korean won, according to a press release shared with Cointelegraph on Jan 29.There was an initial beta soft launch of the coin on Airswap, a decentralized exchange platform, before the tokens were released on the global and Korean exchange, according…
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Wall Street Reports Week: Apple (AAPL) Gains 6% Following Earnings Report – Better Than Feared Returns In Services Unit

Wall Street Reports Week: Apple (AAPL) Gains 6% Following Earnings Report – Better Than Feared Returns in Services Unit

TL: DR Apple beats analysts prediction by 3% on Service business gross margin Service business growth occurs as device sales continue to stagnate Focus on software business brings in new profits, but also attracts new competition Reports week tends to bring a lot of excitement and volatility to the stock market. Much like the Crypto…
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Report: Alipay And WeChat Pay Require Huobi To Remove Payment Methods From OTC Desk

Report: Alipay and WeChat Pay Require Huobi to Remove Payment Methods from OTC Desk

Alipay and WeChat Pay reportedly requested that crypto exchange Huobi remove their payment services from its over-the-counter (OTC) trading desk, local media agency Sina reported on Jan. 25.Major Chinese digital payments providers, Alibaba’s Alipay and Tencent’s WeChat Pay, have reportedly sent legal letters to Huobi, claiming that using both their services and logos on the…
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