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Trustless insurance has arrived on decentralized finance (DeFi). At least on the Compound protocol, the collateralized lending platform that runs on ethereum. The new product, from a company called Opyn, allows people to take out options on stablecoin deposits, allowing users to hedge against the risk of a catastrophic event wiping
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In a congressional hearing today over mobile payments and banking the unbanked, PayPal were among the companies present to discuss the changing payments landscape. Congressman Tom Emmer discussed XRP and Ripple acknowledging their hard work that is revolutionising the way payments work from the ground up. Mr Emmer showed a deep understanding
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The partnership, announced Wednesday, means the London-based Elliptic will monitor transactions passing through Zilliqa, including those in Zilliqa’s ZIL crypto and in the upcoming Singaporean dollar-pegged stablecoin XSGD, set for release in December, according to a press release. Original Source
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This week, Bitcoin Core 0.19.0 was released, marking the 19th upgrade to the client. Each upgrade aims to bring small changes that make a worthwhile difference, and the focus is on minimizing bandwidth and storage requirements while improving privacy and security measures. The new features, reported by Bitcoin Magazine, will
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Opt-in based framework; limited impact expected. Still PI only.OverviewHong Kong is stepping up its efforts to formally regulate cryptocurrency exchanges in the city. The Securities and Futures Commission just released a newly drafted regulatory framework, which allows the securities watchdog to issue licenses to crypto trading platforms. Could this be
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The recent Ripple investment and acquisition drive continues unabated with mass adoption in mind as they join forces with BRD wallet. Originally designed for Bitcoin storage, BRD’s 2.5 million wallet users can buy, store and sell ETH, DAI Bitcoin cash and now, XRP. The Ripple team have not only endorsed us socially
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Open source decentralized application (DApp)-focused blockchain Æternity will team up with the Uruguay Digital Party to optimize the country’s democratic processes and internal voting.According to a press release shared with CryptoX on Oct. 3, the partnership aims to build a new system whereby Uruguay citizens and members of the
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Bitcoin aficionado and Fundstrat cofounder Tom Lee says he's more bullish on the crypto sector than ever, remarking that Bakkt's imminent launch could bring some much-needed legitimacy to the market. Lee tweeted that Bakkt's launch should bode well for the highly-lauded hopes of institutional involvement in the cryptocurrency
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Hybrid blockchain solutions startup Kadena has updated its enterprise blockchain platform on the Microsoft Azure Marketplace.On Aug. 27, Kadena announced that its new product called Kadena Scalable Permissioned Blockchain is available on Azure Marketplace for free.Blockchain scalability ambitionsFounded by former blockchain experts at United States banking giant JPMorgan, Kadena
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