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Covid-19 Economy Fuels Faith in Crypto: Trust In Bitcoin Over Banks Increased 3X Since 2017

The market research organization, The Tokenist, recently published a report called “Comparing Public Bitcoin Adoption Rates in 2020 vs 2017.” The study’s findings give a comprehensive look at the cryptocurrency ecosystem between 2017 and now. The researchers’ survey shows that since the post-Covid-19 economy is setting in, trust in

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Cointext CTO Reveals a New Protocol That Aims to Bolster a Censorship-Resistant Economy for Bitcoin Cash

On May 7, the Cointext CTO and cofounder of Countermarkets, Vin Armani revealed a new project he’s been working on called “Signal, Watch, and Pay Protocol” (SWaP). Armani’s published specification and reference code of SWaP indicates that the platform allows “onchain, peer-to-peer negotiation and execution of ‘collaborative transactions.’”SWaP: Onchain,

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World Economic Forum Looks to Blockchain to Restart Global Economy

The World Economic Forum published a report looking at how the deployment of blockchain-based solutions can address the supply chain inefficiencies and failures that have been exposed by the COVID-19 pandemic.Alongside the report, the WEF has released a blockchain deployment toolkit intended to assist government and businesses in adapting their

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Former Bakkt CEO Appointed to Trump’s Task Force for Reopening the Economy

The former CEO of Intercontinental Exchange subsidiary Bakkt and a current Republican senator for Georgia, Kelly Loeffler, has been rewarded with a new appointment despite recent controversies. In a tweet published on April 16, Loeffler wrote:“Thank you, @realDonaldTrump for appointing me to your task force on re-opening America safely in the

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Binance Latam Lists Bolívar Amid VE’s Struggling National Economy

On April 16, major cryptocurrency exchange, Binance, announced that they are listing the Venezuelan Bolívar (VES) in their peer-to-peer trading platform against BTC, USDT, ETH, BNB, BUSD, and EOS, with no fees attached.Exchange customers can now search for local P2P merchants who have stable cryptocurrency sources and trade them for

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Algorand Announces $43 Mln Grants Program to Foster ‘Borderless Economy’

The Algorand Foundation announced a 250 million ALGO (roughly $43 million) grants program to foster development on the Algorand blockchain on April 14.Cointelegraph spoke to Fangfang Chen, the Algorand Foundation’s head of operations, to find out more about the program.Algorand launches $43 million grants programThe funds will be allocated

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