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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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Earlier this month, Ripple sold $15 million of its MoneyGram stock while not giving any specific reason behind it.A day after the US Securities and Exchange Commission (SEC) filed a lawsuit on Ripple, its partner MoneyGram issued a statement clarifying its association with the blockchain firm.In a press statement issued
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On Thursday, December 24th, the ETH is declining, trading at 580.00 USD.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of ETH/USDThe ETH dragged down by the XRPAbout 2 million ETH are blocked in the Ethereum 2.0 contractOn W1, ETH/USD keeps correcting in an uptrend. The asset is trading near 38.2% Fibo,
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The US National Highway Traffic Safety Administration (NHTSA) opened an investigation of 115,000 Tesla vehicles over front suspension safety issues.Tesla Inc (NASDAQ: TSLA) stocks were up approximately 1.71% to trade around $583.88 during Friday’s pre-market. TSLA stock closed yesterday trading at $574, up 3.35% during the day. Today as the
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The Ethereum blockchain network looks to be suffering issues Friday morning, with knock-on effects at related service providers. Source
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China Construction Bank has partnered with a Hong Kong-based fintech to issue the first-ever blockchain-based digital security issued by a Chinese financial institution.One of the "Big Four" banks in the People's Republic of China, CCB is ranked the second largest bank worldwide by total assets as of fall 2020.The megabank's
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The CFTC wants futures commission merchants to take care when dealing with customer's funds. Source
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A study conducted by the World Economic Forum and Global Blockchain Business Council reveals the reasons why the blockchain industry still lacks well-defined standards on the global level.Dubbed the Global Standards Mapping Initiative, the study notes that the gaps, divergence and overlap in the standard-setting landscape of the blockchain industry
Read MoreAragon co-founder Luis Cuende told Cryptox that the decentralized technology his company has been developing could find its perfect use case on social media platforms like Facebook and Twitter. In recent months, content moderation practices employed by global social media platforms have been criticized by people across the political spectrum. Libertarian-leaning
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Twitter CEO Jack Dorsey tweeted his disapproval of Coinbase CEO Brian Armstrong steering his company away from corporate activism. Read more: Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission Source
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