Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency

Bitcoin Bull Run: OGs on Why This One’s DifferentThink back to 2017. Crypto was everywhere. The celebrities hawking ICOs included DJ Khaled, “Floyd Crypto Mayweather” and longtime blockchain enthusiast Paris Hilton. The most watched comedy on television, “Big Bang Theory,” named an episode “The Bitcoin Entanglement.” Long Island Iced Tea made the world’s most natural…

news Five Canadian banks now let customers digitally verify their identities in a “privacy-enhanced and secure way” using blockchain technology. For the effort, Canadian Imperial Bank of Commerce (CBIC), Royal Bank of Canada (RBC), Scotiabank, Toronto–Dominion (TD) Bank and Desjardins Group have integrated with a mobile app called Verified.Me, developed by SecureKey Technologies. SecureKey announced the news…

Reserve Bank of Australia building. Credit: ShutterstockCoronavirus Rate Cuts: Australia’s Central Bank Did It FirstHours before the U.S. Federal Reserve, the Reserve Bank of Australia (RBA) also cut interest rates in hopes of curbing market reaction to the ongoing coronavirus outbreak.In a meeting held on March 3, the RBA announced it would be cutting the…

news IDG-backed cryptocurrency exchange KuCoin has just launched a platform offering crypto derivatives trading. Announced Monday, the KuMEX trading venue is now live in public beta and will offer initially a bitcoin perpetual contract (XBTUSDM), quoted in U.S. dollars, with up to 20x leverage. Aimed to make pricing “more fair and rigorous,” KuCoin said, KuMEX uses a bitcoin…

Feb 24, 2020 at 08:00 UTCPortrait by Trevor Jones. Alexander S. Blum is Chief Operating Officer of Two Prime. He has led blockchain projects and startups for more than seven years, including at Atomic Capital, crypto hedge funds, and consulting projects at Fortune 500s, the World Economic Forum and prominent blockchain start-ups. I recently had the…

Thursday, Sept. 12 Wingbits, Stockholm-Based Flight-Tracking Protocol, Raises $3.5M in Seed Funding Wingbits, a Stockholm-based protocol creating a DePIN flight-tracking network built on the Solana blockchain, said it has raised $3.5 million in seed funding, led by Borderless Capital and Tribe Capital, alongside Antler and angel investors. According to the team: "Wingbits rewards the quality

The token is trading at $4.11 on Aevo with a fully diluted value (FDV) of $6.8 billion. Early adopters have been earmarked for 5% of the total supply. Trading on centralized exchanges will go live at 05:00 UTC Tuesday. 04:45 Got a Business Idea That Machines Could Run? Launch Your Own DAO Here 1:00:14 Don’t

Aug 18, 2020 at 09:01 UTCA former winner of the game show Deal or No Deal has been scammed out of his retirement savings after investing in bitcoin through an ad on Facebook. According to a Daily Record report on Tuesday, Scottish retiree Graeme Garioch was defrauded of £30,000 (US$39,400) by a phony investment company.The…

The verbal battle between the Winklevoss twins’ Gemini crypto exchange and Digital Currency Group, the crypto conglomerate that had helped power a now-frozen Gemini lending service, continued Friday, a day after DCG sought to dismiss a fraud lawsuit.On Thursday, DCG argued that Gemini’s fraud accusations over the Gemini Earn service should be tossed out, asserting…