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Crypto startup Kadena’s public blockchain launched Wednesday, adding interoperable smart contract support between the public chain and its private chain counterparts. The Brooklyn-based offshoot of JPMorgan’s blockchain center announced that the launch marks another step in its effort to develop scalable, secure proof-of-work alternatives to the current leading cryptocurrencies: ethereum and
Read MoreTrading platform Uphold has added pound sterling support, meaning users can trade cryptocurrencies via payments from U.K. bank accounts.The new connectivity launched into beta Wednesday and is expected to become publicly available on Jan. 21. Near-instant transfers will soon also be enabled through the U.K.'s Faster Payments Service (FPS) in
Read MoreDigital banking infrastructure provider Banxa has raised $2 million in a Series A round. Led by blockchain investment firm NGC Ventures, the round also saw the ASX-listed Thorney Investment Group Australia participate, according to a press release on Wednesday.The firm offers a fiat currency to cryptocurrency gateway solution that was
Read MoreThe Enterprise Ethereum Alliance (EEA), the standards group where finance and other industries explore private versions of ethereum technology, has launched a testing ground to bring about certified, branded and harmonized business uses by the end of 2020.The EEA TestNet will operate as a pre-certification sandbox, where forks of ethereum
Read MoreBlockchain development firm Bitfury is set to partner with the United Nations Development Programme (UNDP) on a project to conserve and increase Kazakhstan’s forestland.As the Astana Times reported on Jan. 14, the project aims to help the country to reduce its greenhouse gas emissions by 15% over the coming
Read MoreThe deployment of blockchain technology can save the United Arab Emirates (UAE) more than $3 billion, according to new findings.The findings were revealed in a white paper entitled “Inclusive Deployment of Blockchain: Case Studies and Learning from the United Arab Emirates,” Emirates News Agency reported on Jan. 15.The paper
Read MoreBitwise Bitcoin ETF proposal has been withdrawn. The cryptocurrency asset management firm indicated that it had submitted a note to the U.S. SEC. Bitwise said that the withdrawal request is “consistent with the public interest and protection of investors”. This shows that the firm is studying the situation at this
Read MoreCryptocurrency brokerage Voyager Digital has listed three stablecoins and will soon allow customers to earn interest on their holdings. Announced Wednesday, Voyager said its support of tether (USDT), USD coin (USDC) and true USD (TUSD) would enable traders to better manage risk and fund their accounts without going through a
Read MoreVisa, one of the largest and biggest payment systems in the world, is set to acquire one of the world’s largest financial technology (fintech) firms Plaid in a massive $5.3 billion deal.The payment giant, in a press release published two days ago, touted the fintech firm for the crucial roles
Read MoreThe twelfth-largest cryptocurrency exchange, Bitstamp, partnered with cryptocurrency-friendly Silvergate Bank to pilot Bitcoin (BTC) leveraged trading.According to an announcement on Jan. 14, the exchange will serve as the launch partner for the bank’s Silvergate Exchange Network (SEN) Leverage service.During the pilot stage, the exchange will only offer leveraged trading
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