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Head of IMF Highlights Central Bank Digital Currencies

Head of IMF Highlights Central Bank Digital Currencies

Speaking at the Singapore Fintech Festival, Christine Lagarde highlighted the fast-growing Fintech industry and the part cryptocurrencies have in it. She referred to Central Bank Digital Currencies (CBDC) being opted for by the international community. Lagarde shared that cryptocurrencies will help the unbanked in remote areas and help in the digital payment transformation. She even...

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The Beginning of Ethereum 2.0

The Beginning of Ethereum 2.0

Ethereum 2.0 which has long been due has finally been announced today through ConsenSys’s official blog. The whole process of Ethereum 2.0 will contain four different levels of chains which include the existing Proof-of-Work (PoW) Main Chain of Ethereum, and add Beacon Chain, Shard Chains and Virtual Machine layer. Ethereum 2.0 will begin with the...

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Ripple Breaks into Chinese Payments Market

Ripple Breaks into Chinese Payments Market

Ripple’s cross-border technology will soon entice the Chinese public thanks to American Express being approved in the country. American Express will now be able to resolve payments in Yuan which is done through LianLian Group. The joint venture between AmEx and LianLian Group is called ‘Express [Hangzou] Technology Services Co.’ LianLian Group is a customer...

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Frankfurt School of Finance And Management Digitizes Certificates Using Blockchain

Frankfurt School of Finance And Management Digitizes Certificates Using Blockchain

Frankfurt School of Finance & Management (FS) in Germany has partnered up with Consensys to digitize educational certifications using Blockchain. Thanks to Blockchain the time-consuming issue of verifying and authenticating a certificate will become faster and more efficient. The number of forged certificates lead to many educational centers like the FS failing in reputation. Many...

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Coinbase.com Adds Brave’s BAT Leading to Traders ‘Selling the News’

Coinbase.com Adds Brave’s BAT Leading to Traders ‘Selling the News’

Basic Attention Token (BAT) has created a name for itself thanks to revolutionizing and starting web 3.0 by being the native currency of the decentralized web browser Brave. Now it comes into mainstream trading by being listed on Coinbase a week after being listed on Coinbase Pro. Coinbase made the announcement, stating that its users...

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Cryptocurrency Giant Bithumb to Launch Payment Sevice With Qoo10, The ‘Asian Amazon’

Cryptocurrency Giant Bithumb to Launch Payment Sevice With Qoo10, The ‘Asian Amazon’

South korea’s biggest cryptocurrency exchange established yesterday a partnership with the e-commerce asian giant – Qoo10. The partnership was created with the main purpose of providing a cryptocurrency payment service for the asian market. The partnership was officially announced by Bithumb on November 7th, 2018. Qoo10 is a giant South Korean e-commerce company. Formerly known...

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Vitalik Buterin Outlines Ethereum 2.0 and calls it Serenity

Vitalik Buterin Outlines Ethereum 2.0 and calls it Serenity

Ethereum has faced a significant backlash from the cryptocurrency community mostly due to scalability issues. It was none other than Vitalik Buterin that came to rescue it, assuring that Ethereum will upgrade itself and follow major updates in Ethereum 2.0. Buterin outlined the path at the DevCon 4 conference in Prague, Czech Republic. One interesting...

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Coinbase adds Brave Browser’s BAT Token

Coinbase adds Brave Browser’s BAT Token

Coinbase had revealed it would list Steller Lumens (XLM), Cardano (ADA), ZCash (ZEC) and Basic Attention Token (BAT) a few months ago. The first token that has been added from the list is BAT which is the native token of the Brave Browser. The BAT token will be accessible to everyone using Coinbase Pro except...