Cryptocurrency Analysis and News Portal
Many people tend to keep credit accounts open with the same lender for years, and while this helps with credit history, it could be a choice that is costing you money. Closing a card that you have held for a long time could skew the average age of your credit.
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Xend Finance, a Nigeria-based decentralized finance (DeFi) platform for credit unions and cooperatives, has secured new partners and funding as it prepares for its bid to bring high-interest savings opportunities to Africa.Set to launch its mainnet in March, the firm announced Tuesday that it has partnered with software service provider
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Centralized payment companies such as Visa, Mastercard and PayPal will need to adapt if they are to survive the potential demand for blockchain-based stablecoin payments, according to research firm Gartner.In a Thursday blog post, Gartner notes that, while new bitcoin offerings from such firms are helping to prepare the transition
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Major Vietnamese bank HDBank has now become the first bank in the country to issue letters of credit, or L/C, using blockchain technology.According to a Jan. 6 report by local media outlet Việt Nam News, the issuance, document presentation and successful payment of L/C on the blockchain marks a major
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Moss is doing its part to help reduce global carbon emissions. Its MCO2 token represents tokenized carbon credit, which can be traded anywhere in the world.Global warming is a very relevant topic that direly warrants a clear course of action. One way through which anyone can participate in the use
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Visa on Wednesday said it is linking its payments network of 60 million merchants to the USDC stablecoin developed by Centre, the consortium founded by Circle and Coinbase. The news was first reported by Forbes. UPDATE (Dec. 2, 15:15 UTC): Added a comment from Circle and confirmation from Visa.UPDATE (Dec.
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Stablecoin pioneer Uphold is claiming to have launched the first tradable retail carbon token.The Universal Protocol Alliance, a coalition of blockchain companies led by Uphold and including Bittrex Global, Ledger, Certik and Infinigold, announced the Universal Carbon (UPCO2) token Tuesday. Each blockchain-based UPCO2 token represents a certified measure of carbon dioxide.
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Payments company Square said Tuesday it will buy Credit Karma’s tax business for $50 million and integrate it into its Cash App, a major hub for bitcoin sales.Cash App will make Credit Karma’s do-it-yourself tax-preparation software available to its 30 million monthly users for free, Square said. Those users already
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The United States’ formal withdrawal from the Paris Agreement on climate change last week has renewed a sense of urgency in efforts to mitigate global warming. What role could blockchain play in helping prevent climate change? One of the most promising solutions that blockchain technology could offer, experts say, is improving
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Binance announced Wednesday the successful recovery of $344,000 in funds from the attempted exit scam of Wine Swap, a project on the Binance Smart Chain (BNB).Wine Swap was an automated market maker platform similar to Uniswap that launched on Oct. 13. Within an hour of the launch, it had amassed
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