2018-9-27 22:26 |
Venezuela recently became one of the first countries to implement a national cryptocurrency, but the Petro is fraught with controversy and confusion. The post How Venezuela’s National Cryptocurrency is Working appeared first on CoinCentral. origin »
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The venezuelan national cryptocurrency is based on the DASH blockchain, and has many characteristics of a CBDC.
2022-3-4 09:54 | |
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Seyyed Abotaleb Najafi, CEO of Informatics Services Corporation, said the national cryptocurrency has been developed and designed by Informatics Services Corporation at Central Bank of Iran’s request to be utilized new technologies in expanding banking system services.
2018-11-13 09:30 | |
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National cryptos seem to have become something more common after the controversial Petro was launched by the government of Venezuela. Now, the National Bank of Ukraine has been considering to launch a new state-owned token that will be based on the blockchain technology, local media outlets report. The bank affirms that the “e-hrevnia” will be […]
2018-9-27 01:46 | |
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As new use cases of the blockchain technology are emerging each day, it is becoming increasingly clear that distributed ledgers could help in creating a better future for all. The United National Development Programme (UNDP) also seems convinced that DLT infrastructures could bring good to the world.
2018-9-25 10:34 | |
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Dash Text, an SMS-operated mobile application, has just launched in Venezuela and is aimed at enabling easy remittance in the DASH cryptocurrency. As Venezuela suffers from strict international sanctions and its national currency, the Bolivar, is being diluted on a daily basis, transactions and cross-border payments have become extremely cumbersome.
2018-9-24 16:59 | |
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Bitcoin and cryptocurrency enthusiast Stevan Mcgrath draws the line between global and national digital currency, explaining what hides behind the latter and what implications it presents. The post National Government Digital Currencies vs Globally Distributed Cryptocurrencies appeared first on CoinSpeaker.
2018-9-24 16:29 | |
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Singapore took a step closer towards cryptocurrencies as the national financial regulators discussed their openness towards the emerging industry during the Singapore Consensus. Singapore “Does Not Regulate Technology Itself But [Its] Purpose” It seems that the Singaporean government has a well-thought-out plan for introducing cryptocurrencies into their economy, according to TechCrunch.
2018-9-23 20:00 | |
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Over 30 years after creating eCash, a predecessor of bitcoin and other cryptocurrencies which spawned the Cypherpunk movement of the 1980s, Dr. David Chaum is back in the public eye with a claim of having invented “the world’s fastest cryptocurrency.
2018-9-22 23:59 | |
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If a recent interview from a Duke professor is something to go by, the U.S. national fiat currency could soon be replaced by a national cryptocurrency. Per a report published by The Chronicle, dated September 19, 2018, Duke Fuqua School of Business’ professor, Campbell Harvey, not only believes that the United States should create a national cryptocurrency, but concludes that...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-9-22 23:00 | |
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RippleNet seems to be keeping up with its expansion, with the new addition of PNC Financial Services Group, Inc. , to a network of world-leading financial institutions that have signed up for its products.
2018-9-22 20:46 | |
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Cryptocurrency–The National Police Agency of Japan has released troubling news on the state of cryptocurrency-related thievery. Despite growing adoption and awareness for the industry throughout 2018, thereby leading to an improvement in security for user funds, the Japanese organization reports crypto-related thefts have cost users more than half a billion dollars.
2018-9-21 04:42 | |
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When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers.
2018-9-21 23:45 | |
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The National University of Singapore (NUS) has announced the launch of the Cryptocurrency Strategy, Techniques and Algorithms (CRYSTAL) Center, an academic research lab and think tank that intends to solve the most-pressing issues in the blockchain and cryptocurrency industry and become one of the world’s foremost research centers focusing on blockchain technology.
2018-9-25 23:25 | |
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Hackers have swiped over $540 million (60 billion Yen) worth of cryptocurrency from Japanese netizens over the first six months of 2018. On September 20, Japan’s National Police Agency revealed the number of cryptocurrency-related reported incidents rose to 158 – triple the amount of incidents over the same period last year, local outlet The Asahi Shimbun reports.
2018-9-20 11:47 | |
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Cryptocurrency exchange Poloniex is delisting eight coins: BitcoinDark (BTCD), Bitmark (BTM), Einsteinium, (EMC2), Gridcoin (GRC), NeosCoin (NEOS), PotCoin (POT), VeriCoin (VRC) and BitcoinPlus (XBC).
2018-9-20 01:10 | |
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Dash is gaining traction throughout the world and, in particular, in developing countries where governments are failing the people. In fact, of the over 3,000 merchants that are listed on DiscoverDash.
2018-9-19 16:00 | |
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Ripple’s homegrown blockchain-powered global payment network has just bagged one of its biggest clients in Asia: the National Commercial Bank (NCB) of Saudi Arabia, a banking giant worth more than $120 billion.
2018-9-16 19:59 | |
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When it was authorized as the first established bank in Saudi Arabia, the National Commercial Bank (NCB) was slated to become the largest financial institution in the Middle East. Sixty-five years and 400 branches later, the Kingdom of Saudi Arabia (KSA) has joined forces with Ripple’s cryptocurrency enterprise.
2018-9-15 13:00 | |
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Bitcoin, Blockchain and Cryptocurrency News For Today September 14th [VIDEO] Recap 2 [BREAKING]: Bank of America's Merrill Lynch to Launch Bitcoin Trading Product to Rival Goldman Sachs and Morgan Stanley [BREAKING]: Bank of America's Merrill Lynch to Launch Bitcoin Trading Product to Rival Goldman Sachs and Morgan Stanley RippleNet Expands With National Commercial Bank of […]
2018-9-15 08:48 | |
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As from September 13, 2018, the National Digital Asset Exchange (NDAX), started supporting the EOS cryptocurrency token. By doing this, NDAX became Canada’s pioneering exchange platform to offer the EOS/CAD trading pair.
2018-9-15 07:06 | |
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The International Monetary Fund (IMF) has exerted pressure on the Marshall Islands to torpedo its proposed crypto. The move by the Washington-based global financial institution has been cited as evidence of the steps central bankers will take to thwart cryptocurrency adoption.
2018-9-12 06:35 | |
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A recent report from the IMF warns the small island nation that its planned national digital currency poses more risks than it offers benefits. Marshallese authorities seem to disagree.
2018-9-12 00:12 | |
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The Republic of the Marshall Islands, which planned to issue a digital currency as a legal tender, received a negative recommendation from the International Monetary Fund. The IMF advised to abandon these plans.
2018-9-12 19:35 | |
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The Marshall Islands is launching its own cryptocurrency to boost its economy, but it might have run into a brick wall. The International Monetary Fund (IMF) issued a stark warning: cancel the ICO or face being cut off from the US dollar.
2018-9-11 16:59 | |
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Sometimes, the only thing that drives progress is a kick… in the bottom. That’s why economic crises have been a most effective factor for encouraging cryptocurrency adoption. First Venezuela, then Iran, and now the Philippines may follow suit.
2018-9-11 04:00 | |
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Ethereum (ETH)–Despite the tanking price of Ether over the weekend, the second largest cryptocurrency by market capitalization can count on one positive development towards adoption coming out of a major U.
2018-9-10 18:47 | |
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South Korea’s national postal service is meeting with Goldman Sachs’ cryptocurrency research team at the end of September. The country’s postal service revealed its intentions to dive deeper into digital assets and blockchain.
2018-9-7 17:00 | |
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Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies.
2018-9-7 23:38 | |
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Iranians desperately buy cryptocurrencies fearing US sanctions and economic instability. Demand for bitcoin rises manyfold as the first cryptocurrency shows less volatility than the national currency of the Islamic Republic.
2018-9-7 16:55 | |
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As many countries in South America, Africa, and Eastern Europe are in the midst of an economic crisis, depreciating national currencies don’t come as a surprise. What did come as a shock was the fact that bitcoin would be the first to challenge the stability of fiat currencies, outperforming three different national currencies in 2018, as research from Pension Partners...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-9-5 03:00 | |
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Bitcoin, the most dominant cryptocurrency in the global market, has still managed to outperform three national currencies year-to-date despite its steep decline since December of last year. Charlie Bilello, the director of research at Pension Partners, a New York-based investment advisory which manages mutual funds and separate accounts, published a chart comparing the returns of.
2018-9-3 19:12 | |
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Japan’s National Police Agency (NPA) intends to introduce tracking software for cryptocurrency transactions as it strives to curb the use of cryptos in illegal transactions, a local media outlet recently reported.
2018-9-4 15:00 | |
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Cryptocurrency and cannabis are two of the most exciting emerging industries in modern times. Both are constant topics of discussion in media and politics on national, state, and local levels. We covered several aspects of the cannabis industry and crypto’s green rush, but most of it is honestly little more than kitsch value.
2018-9-3 19:02 | |
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After several instances of cryptocurrency-based crime and a stark increase in the use of cryptocurrencies as a money-laundering tool, Japan’s National Police Agency (NPA) revealed it would launch a crypto-tracking software to trace digital currency transactions in the country.
2018-9-1 12:00 | |
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Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts.
2018-8-31 22:00 | |
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Japan’s National Police Agency (NPA) has unveiled plans to implement a new software designed to track cryptocurrency transactions. Created by a secret private company, the tracking program is part of an increased national effort to prevent fraud and other criminal activity taking place in digital money markets.
2018-9-1 20:28 | |
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Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy.
2018-8-31 19:00 | |
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Origin Protocol, one of the early initial token offerings listed on CoinList, has announced the launch of its new decentralized messaging service. Origin’s latest offering could challenge encrypted giant Telegram, which, while not decentralized, is widely used within the cryptocurrency community.
2018-9-1 01:43 | |
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IBM has had a few experiences in handling blockchain-based projects in Australia. This time, it is partnering with a law firm, Herbert Smith Freehills, to create a blockchain solution that will bring Australian businesses on-board with smart contracts.
2018-8-30 20:59 | |
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China’s Guangzhou Development District, one of the first economic development zones in the country, has banned cryptocurrency promotional and publicity activities in the area. This comes on the heels of a similar notice issued in the Chaoyang District in Beijing.
2018-8-30 19:32 | |
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Cody Wilson, the founder of Texas-based Defense Distributed, is now a renowned name in crypto circles, as well as in national media. After publishing printable 3D gun design files, he came under fire and was universally loathed and even faced an injunction.
2018-8-30 18:39 | |
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Iran’s national cryptocurrency will be backed by the country’s fiat currency, the rial, and will be distributed in two phases, first as an interbank token and secondly for retail payments. These are some of the features of the digital currency that were revealed by the Informatics Services Corporation (ISC), an institution that develops banking and […]
2018-8-30 17:00 | |
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Bitcoin has been sporadically mentioned on television throughout the last couple of years, but 2018 has seen an influx of cryptocurrency and blockchain-based television programs. National networks have picked up on the industry excitement and are giving crypto a made-for-TV makeover.
2018-8-30 22:00 | |
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Rogue state Iran has reportedly announced details about its plans to launch and support its own national cryptocurrency, in an attempt to evade sanctions imposed by the Trump administration. Iran Cryptocurrency Will Be Backed By Rial The Republic of Iran is facing an economic crisis due to United States-led sanctions, and its rial fiat currency.
2018-8-30 21:00 | |
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Eight out of the top 10 universities that offer blockchain courses are based in the US, according to a new report compiled by popular cryptocurrency exchange Coinbase. The research has more broadly uncovered that 42 percent of the world’s top universities offer at least one academically endorsed course.
2018-8-29 13:48 | |
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On August 26, 2018, the Jerusalem Post published an interesting story about the possibility of Israel adopting a state-backed cryptocurrency as Venezuela recently did, albeit for entirely different reasons.
2018-8-29 13:00 | |
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Iran has been developing a national cryptocurrency, a move that could allow them to evade US economic sanctions. Informatics Services Corporations, the country’s leading provider of banking systems, has reportedly been designing and developing the cryptocurrency and has now revealed its features.
2018-8-28 15:55 | |
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Iran is reportedly considering going back on its cryptocurrency ban. This move comes as the government makes definitive steps towards creating a national virtual currency to circumvent U.
2018-8-29 13:55 | |
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Nicols been Maduro’s plan to pull Venezuela out of financial turmoil. Last month, its highest ever inflation rate was recorded, with prices for goods and services rising by at least 82,766 percent.
2018-8-28 13:15 | |
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Binance’s digital wallet has seen a meteoric rise in Venezuela, climbing to the 33rd spot on the list of the country’s most downloaded apps. This achievement places it just above Snapchat and just below WhatsApp, two of the most widely used messaging platforms in the nation.
Venezuelan authorities have also blocked the world’s largest cryptocurrency exchange, Binance. Amid protests following the presidential elections, the Venezuelan government restricted access to Binance and several other online services.
Venezuelan government blocks Binance, X, Reddit, and Signal amid election unrest. CANTV, Venezuela’s state ISP, enforces the blockade as part of a crypto crackdown. President Maduro accuses Elon Musk of inciting protests and violating laws.
Venezuelan activists have alleged that President Maduro and his government are seeking ways to circumnavigate international sanctions, with crypto transactions.
Venezuela's Ministry of Electric Power plans to cut off crypto-mining companies drawing power from the national power grid SEN (Sistema Electrico Nacional).
Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether…