Thursday, November 21, 2019
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Bitfinex Crypto Exchange Moves $1.5M of Stablecoin to Bitcoin Sidechain

Cryptocurrency exchange Bitfinex moved 1 .561 million Tether (USDT) from the Omni Protocol to the Liquid Bitcoin (BTC) sidechain.Bitfinex CTO Paolo Ardoino announced the U.S. dollar-pegged stablecoin’s protocol swap on Twitter on Nov. 2.The conversion increases the quantity of USDT available on the network after the stablecoin was first launched

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Coinshares, Blockchain Launch DGLD Gold Token as a Bitcoin Sidechain

A consortium of companies launched a gold-backed token with the DGLD ticker on a Bitcoin (BTC) sidechain.Swiss financial news outlet AllNews reported on Oct. 15 that digital asset managers CoinShares and MKS, as well as wallet service provider Blockchain, announced the launch of the token. Its development took two

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Startup Tests New Ethereum Sidechain Following Coinbase Investment

Following investment from Coinbase Ventures, Offchain Labs has opened up the Alpha version of its Ethereum (ETH) scaling solution, dubbed Arbitrum.Enterprise-focused blockchain startup Offchain Labs said that their solution will enable processing speed of more than 500 transactions per second for Ethereum applications, industry-focused news outlet Crypto Briefing reported

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Bitcoin Lightning Network Works on Liquid Sidechain, Blockstream Confirms

Bitcoin (BTC) users can now take advantage of the Lightning Network while sending coins on Blockstream’s Liquid sidechain. Bitcoin’s Lightning Network designed to work across multiple chainsFollowing the debut of support for stablecoin Tether (USDT) on Liquid, Blockstream CEO Adam Back confirmed on Twitter that the technology can also support

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Blockstream Introduces Atomic Swaps on Liquid Bitcoin Sidechain

Blockstream created an ‘experimental’ Liquid Swap Tool introduced to Liquid Bitcoin Sidechain. The tool uses atomic swaps to trade more securely between tokens by eliminating middlemen who have suffered hacks and lost investors’ funds in the past.Blockstream created an ‘experimental’ tool that enables users to trade ‘trustlessly’ between tokens launched

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Blockstream’s New Platform Allows Users Issue Security Tokens on Bitcoin Sidechain

Photo: Blockstream / TwitterIt has become known that Bitcoin startup Blockstream is working on the launch of a new tokenized securities platform. The platform will provide users with an opportunity to issue their own tokens by utilizing the firm’s custom-built Bitcoin sidechain, Liquid Network.Though many people still believe that tokens

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Regulators Approve Startup’s Bitcoin Sidechain Trial for Exchanges

Japanese blockchain development company Crypto Garage announced it had gained regulatory permission to trial its settlement system using Blockstream’s Liquid Sidechain, Cointelegraph Japan reported Jan. 21.Crypto Garage, which claimed to be the first such blockchain finance project to get the green light under the Japanese government’s regulatory sandbox scheme, will

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