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Another major financial institution has partnered with blockchain-based payments firm Ripple.The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances, according to a Feb. 11 report from local daily news site Youm7. The agreement reportedly makes the National Bank the country’s
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Vermont regulators will track hemp production on the ethereum mainnet in partnership with cannabis supply chain blockchain startup Trace. The five-year deal, announced Monday by Vermont’s Agency of Agriculture, Food and Markets (VAAFM), is a production-ready solution for every level of the hemp trade, said Trace CEO Josh Decatur. Beginning in
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North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities.Exploitation of crypto and blockchain technology is among the primary tactics for the country to generate revenue as well as transfer and use illicitly
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A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin (BTC) from his former colleagues in what is purported to have been an “act of revenge.”On Dec. 22, the unnamed man was indicted by a judge in Paris on charges of theft, money
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Ethereum is struggling to stay above the key $125 support area against the US Dollar.A successful close below $125 could spark another bearish wave in the near term.There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is
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Ethereum is correcting lower from $135 and it is trading above $125 against the US Dollar.The price is likely to remain in a positive zone as long as it is above $120.There is a breakout pattern forming with resistance near $128 on the hourly chart of ETH/USD (data feed via
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Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea, according to a Dec. 17 report from The Investor.The partnership will aim to innovate the city’s sharing economy by means of a decentralized platform that reduces the barriers to entering the real estate market by promoting
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Bitcoin price traded to a new weekly high at $7,664 and declined recently against the US Dollar. The price is now trading below the $7,420 and $7,400 support levels. There is a key bearish trend line forming with resistance near $7,525 on the hourly chart of the BTC/USD pair (data feed from
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The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC), Bloomberg reported on Nov. 24.The data center allows cryptocurrency miners to take advantage of cheap energy
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