Category: Business
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Litecoin Blockchain Announces The First Crypto Game, Cryptomonsters
Blockchain gamers and enthusiasts will be happy to hear the good news that Litecoin Blockchain recently has rolled out a new game named CryptoMonsters. The recent unique app presents users with a number of collectible figures. These figures are equipped with theories and characteristics same as that of other popular games such as crypto kitties.…
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The Maerki Baumann To Become Second Swiss Bank Accepting Cryptocurrency Assets
Financial news outlet International Investment reported on August 6, 2018, that the Maerki Baumann private bank is said to be the second Swiss bank that will accept cryptocurrency assets. The news stated that the private bank from Zurich has taken a decision to collect crypto assets from capital obtained for services provided, and those received…
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Korea’s Financial Supervisory Service Calls For Employment Of Blockchain In Share Market
The financial regulator of South Korea has recommended employing blockchain for stock trading in a research issued this week. The report by FSS (Financial Supervisory Service) mentioned the employment of blockchain in stock trading in Japan, the United States, and Australia. This was reported by the local media body Korea JoongAng Daily. The FSS called…
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Financial Conduct Authority Makes Worldwide Treaty For Collaboration In Fintech Innovation
The FCA (Financial Conduct Authority) of the U.K. has declared the making of a worldwide program to enhance partnership on fintech innovations (such as blockchain) between companies and regulators. This is as per an official press release issued this week. The FCA claims that the new treaty, GFIN (Global Financial Innovation Network), will operate in…
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Green Signal For Financial Companies To Deploy Crypto Activities By Bank Of Thailand
Thailand’s central bank has announced the rules under which financial institutions, including commercial banks and their subsidiaries, can participate in cryptocurrency services. These include securities, asset management, and insurance. This follows the crypto-regulatory structure, which was brought into action in the previous month. The Central Bank of Thailand, Bank of Thailand (BOT), issued a circular…
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Memo, A Social Media Platform Powered By Bitcoin Cash Continues To Bloom
A social media application that is powered by bitcoin cash that was reported earlier in April has grown in multiple ways with more functions, extensions, and users. When the project was launched, immediately after a few weeks later, a similar platform with the name Blockpress appeared, but about a month ago the founder of Blockpress…
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With New Partnership, Ethereum To Obtain Top-Level Domain Name
Ethereum (ETH) has got into an accord with an end-to-end domain services provider MMX (Minds + Machines Group Limited) that will enable ENS (Ethereum Name Service) obtain a top-level domain name, as per a press release. Within the accord, consumers of ETH will be capable of registering their addresses with the top-level domain of MMX,…
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Crypto Mining Plant In Texas To Offer More Than 400 Local Jobs
Bitmain Technologies Ltd. this week declared the rollout of its latest blockchain mining facility and data center in a rural part of Texas in the U.S. The firm’s declaration stated: The Milam County cryptocurrency mining facility and blockchain data center represents a major component of expansion plans and tactical investment of Bitmain in North America.…
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Smart Grid Platform Developed By Chinese Blockchain Researchers
Chinese blockchain research team at Fudan University has developed a blockchain-based system that will assist in optimizing the power grid of China. The technique that Chinese blockchain research team has developed takes advantage of the ability of blockchain to allow automatic micro-payments. A patent has been filed by the researchers for their new system that…
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Square Trades OTC Is New Crypto Fund Launched By Coinjar
Coinjar, a financial services and cryptography company based in Australia and the United Kingdom, claiming more than $1.2 Billion in virtual currency transactions, announced the launch of first cryptocurrency index fund in Australia. The Coinjar Digital Currency Fund is an index fund for wholesale investors. To be eligible, investors must have net assets of at…