Central Bank of Russia Reviews Potential Benefits and Drawbacks of CBDCs

The central bank of Russia has reviewed the potential benefits and drawbacks of central bank digital currencies (CBDC) in a policy brief published on April 18. In the document, entitled “Is there a future for central bank digital currencies,” the Central Bank of the Russian Federation outlined a number of potential benefits of CBDCs, such as their capability to reduce transaction costs in the economy, as…

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Stablecoin USDT Launched on Tron Blockchain

Tether has started issuing its stablecoin USDT on the Tron (TRX) blockchain. The development was announced in a blog post published on April 17. The development is an upgrade from the OMNI protocol-based USDT —  which is pegged to the United States dollar on a 1:1 basis — that now enables users to hold and transfer the cryptocurrency through smart contracts on Tron…

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National University of Columbia Joins Blockchain Global Consortium for Science

The National University of Columbia is joining the global  blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at in TIColombia told Cointelegraph en Español on April 15. Bloxberg is a blockchain initiative formed by 12 research organizations from 10 countries and led by the Max Planck Society, with the National University of Colombia to…

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Facebook Seeking $1 Bln in Venture Capital for Crypto Project

Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper tweeted on April 8. Citing sources familiar with the matter, Popper states that Facebook is seeking a $1 billion sum to develop its cryptocurrency project. He states that seeking outside investment could keep the project…

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South Korean Universities Partner to Create Blockchain Campus With In-House Crypto

Two South Korean universities will develop an entire Blockchain Campus with its own cryptocurrency, local English-language daily news outlet Business Korea reported on April 3. Yonsei University, which already has an active blockchain community, will partner with Pohang University of Science and Technology (Postech) for the initiative, which should launch in the second half of 2019. A dedicated research center, entrepreneurial program…

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US Department of Energy Progresses With Blockchain Power Plant Security Research

A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10. The project, principally a partnership between the U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) and Colorado-based security firm Taekion, aims to reduce the ability of cybercriminals to compromise aspects of…

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Coinbase has launched Coinbase Visa Card enable customers to pay with cryptocurrency

Major American cryptocurrency exchange Coinbase has launched Coinbase Card, that enables its United Kingdom-based customers to pay in-store and online with cryptocurrency. The development was announced in a blog post published on April 10. The Coinbase Card is a Visa debit card powered by customers’ Coinbase account crypto balances, which allows them to make purchases with digital currencies worldwide. Coinbase instantly converts customers’ cryptocurrency…

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Cryptonite Protects You From Phishing Sites and Fake Profiles

Cryptonite is an anti-phishing and anti-fraud software developed by Metacert, a company that offers internet security solutions for various platforms, devices and applications. The addon is available for major browsers such as Google Chrome, Mozilla Firefox, Opera, and Brave, which is gaining popularity in the crypto community. Once installed in your browser, the extension informs…

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