July 2019 | Last Cryptocurrency News Feed

Investors Can Now Trade Ether and British Pounds on the Same Blockchain

feature A team of former Royal Bank of Scotland (RBS) engineers is bringing trading and settlement of digital assets, including cryptocurrencies, to a private blockchain network originally developed for enterprise. Revealed exclusively to CoinDesk, London-based LAB577, led by ex-RBS innovation lead Richard Crook, is rolling out its first platform offering, the Digital Asset Shared Ledger…

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Ethereum: What the Next 4 Years Look Like

news Yesterday, ethereum celebrated its fourth birthday. Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and native programming language able to deploy code of any algorithmic complexity. “Before ethereum, developers had to…

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NBA Partners With Firm Behind CryptoKitties for Crypto Collectible Game

The United States National Basketball Association (NBA) and its affiliated union — the National Basketball Players Association (NBPA) — have partnered with Dapper Labs of CryptoKitties-fame to release a new crypto collectibles game.According to an official announcement on the NBPA website, the upcoming game is scheduled to launch in early 2020.The game, called NBA Top…

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Litecoin’s Halving Is Coming Up. Can Its Price Surpass $100?

Litecoin has seen a decent 6% price bump in the past 24 hours, making it the best-performing coin among the top 10. It’s currently trading at $96.35. After a 21% price fall this month, the cryptocurrency managed to find support at the 200-day EMA which allowed the rebound to occur. The recent bounce comes four…

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Arizona to Test Marijuana-Oriented Stablecoin in State Fintech Sandbox

The state of Arizona has accepted a blockchain-based, cannabis industry-oriented payments solution into its fintech sandbox.According to a recent press release from the Office of the Attorney General, the company — called Alta — is a cash management solution for licensed medical marijuana providers and vendors. The Arizona-based financial services startup intends to offer a…

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Fundstrat Co-Founder Tom Lee: US Fed Rate Cuts Are Helping Bitcoin

Fundstrat Global Advisors co-founder Tom Lee believes that recent interest rate cuts in the United States by the Federal Reserve are a boon for Bitcoin (BTC). Lee remarked on how the rate cuts positively impact Bitcoin investment in an interview with Fox Business on July 31, saying:“Bitcoin’s becoming increasingly a macrohedge for investors against things that…

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US Security Token Platform Adds New Policies to Comply with FinCEN

Security tokens platform TokenSoft has officially added Know Your Business (KYB) services following a successful alpha test in 2018.The San Francisco-based token issuance platform said in a press release on July 31 that the KYB feature was added in order to enhance customer due diligence (CDD) requirements in compliance with an amendment to the Bank…

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Judge Dismisses Libel Suit Against Roger Ver Over Lack of Jurisdiction

A Justice of the High Court of England and Wales has dismissed a libel lawsuit against Bitcoin Cash (BCH) proponent and Bitcoin.com CEO Roger Ver. Justice Matthew Nicklin of the Queen’s Bench Division threw out the case earlier this week, according to a decision published on July 31.Back in May, Craig Wright — an Australian…

CoinDesk Feed

What the Next 4 Years of Ethereum Look Like

news Yesterday, ethereum celebrated its fourth birthday. Four years ago, on July 30, 2015, the world’s first general-purpose blockchain platform went live. Called ethereum, the platform was the first of its kind to feature a Turing-complete virtual machine and native programming language able to deploy code of any algorithmic complexity. “Before ethereum, developers had to…

CoinDesk Feed

Marijuana-Focused Stablecoin Issuer Added to Arizona Fintech Sandbox

news A stablecoin project for the marijuana industry has joined an Arizona fintech sandbox. According to Arizona’s Attorney Generals Office, startup Alta was accepted into the office’s fintech program. The seventh startup to join to date, Alta is looking to address the banking needs of a $350 million statewide industry. Current federal regulations prohibit bank…