Cryptocurrency Analysis and News Portal
The credit rating arm of financial services giant Morningstar is developing a blockchain platform for the $117 trillion debt securities industry.Morningstar Credit Ratings is building an evaluation system for debt securities issued as tokens on a blockchain, Forbes reports on Oct. 2.Michael Brawer, COO at Morningstar Credit Ratings, stated
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Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins.Related: Stablecoins, ExplainedStablecoin is a cryptocurrency whose value is tied to some valuable asset. This asset could be fiat money,
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Wrapping off the month of September, the United States Securities and Exchange Commission (SEC) revealed to the general public that the prominent blockchain-based firm Block.one, the creator of the cryptocurrency EOS (EOS)trade, has been in the business of selling unregistered tokens for a year in 2017-2018.According to the SEC’s order,
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Major Bitcoin (BTC) bull, programmer and 2020 United States presidential campaigner John McAfee has explained why Bitcoin will hit $1 million in 2020.“I said $1 million and I’m sticking to one”McAfee, known for his brave prediction that the biggest cryptocurrency will hit $500,000 in 2020, has defended his recently
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The Austria-based company Danube Tech GmbH secured over $143K from the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) for enabling interoperability between blockchains for multiple credential data formats.Implementing this new security functionality for blockchain will help the DHS to combat forgery and counterfeiting in immigration and citizenship
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Blockchain-based PC games distribution platform Ultra.io has announced on Oct. 2 that its first three block producers (BPs) are Bitfinex, EOS Rio and EOS New York.All three future network maintainers are EOS BPs while Bitfinex is also a major and well-known cryptocurrency exchange.Making the gaming industry fairerPer the announcement,
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Web monetization platform Coil now supports XRP payments in real-time thanks to a partnership with payment gateway and XRP Ledger wallet provider GateHub.An official press release published on Oct. 1 noted that Coil users can now use GateHub to receive funds in XRP and convert them into EUR, USD,
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Terminal One, a very popular bar in Elizabeth, New Jersey has stepped up its payment portfolio to include a cryptocurrency option that will allow customers to pay for their drinks in digital currencies.A Litecoin merchant ambassador, Jon Moore, posted a tweet in which he held out a sticker of cryptocurrencies,
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Blockchain and cryptocurrency investment firm Multicoin Capital hired a former Google product manager as one of its new investment Principals.In a blog post published on Oct. 1, managing partner Kyle Samani said that Tony Sheng would help secure new deals for the firm while also working with existing portfolio
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In a recent CNBC interview, Ripple’s senior vice president of customer success Marcus Treacher has described Facebook’s Libra crypto project as a “walled garden,” meaning a closed system.He also added that in contrast with Facebook Libra, Ripple (XRP)trade is no walled garden; however, the social media giant’s entry into the
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