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Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Should Be Public

Polychain Capital CEO Olaf Carlson-Wee thinks Facebook would be smart to build its stablecoin on a public, open blockchain infrastructure. Carlson-Wee delivered his remarks at the Consensus 2019 panel “To the Moon and Back” on May 15.Carlson-Wee explained that the blockchain platform he is referring to is one like bitcoin’s,

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Myanmar’s Central Bank Warns Public Not to Use Crypto After Series of Scams Reported

The Central Bank of Myanmar has urged consumers to stop trading cryptocurrencies amid fears that inexperienced users could lose money, Southeast Asian news outlet The Irrawaddy reported on May 3.In a statement obtained by the website, the central bank said it had received reports of several scams targeting those who lack

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Algorand Expands Testnet Platform to Public Ahead of June Mainnet Release

Digital currency and transaction platform Algorand has released its public testnet to gather feedback on its product, the company confirmed in a press release on April 16.Algorand, the brainchild of Massachusetts Institute of Technology (MIT) professor Silvio Micali, seeks to build an app development platform for enterprises. The project

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