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Digital 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Read MoreBitwise Bitcoin ETF proposal has been withdrawn.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
Read MoreThe United Nations is warning about the risks of attending North Korea's cryptocurrency conference in February.Reuters reports Wednesday that going to the event would probably be a violation of international sanctions, according to a confidential report soon to be put before the U.N. Security Council.The news comes after ethereum developer
Read MoreViewBitcoin violated crucial resistance near $8,460 on Tuesday, strengthening the case for a rise to the 200-day average at $9,100.The pullback seen in the last 12 hours or so lacks volume support and could be short-lived. Acceptance under Tuesday's low of $8,100 would abort the short-term bullish bias. Indicators, however,
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