Trust Wallet Launches WalletConnect for Linking Desktop DApps and Mobile Wallets

Crypto Wallet platform TrustWallet has introduced an amazing and helpful feature to its platform. The feature, named WalletConnect, is an open protocol for connecting desktop based DApps to mobile wallets with the aid of end to end encryption. TrustWallet, which happens to be official wallet partner of cryptocurrency exchange Binancewith a built-in DApp Browser, has continued to…

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PR9 Network Launches Institutional Trading Platform for Assets Stored in Cold Wallets

The PR9 Network has launched a real-time trading and settlement platform for digital assets stored on cold storage wallets. Essentially, institutional clients will be able to trade in a variety of crypto assets, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin without having to move their asset holdings held in their preferred hardware crypto wallets. James Forrester, the CEO of…

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US-Based Exchange ErisX Officially Announces Public Launch of Spot Market

Chicago-based crypto exchange ErisX has officially announced the public launch of its spot market, according to a press release shared with Cointelegraph. The ErisX spot exchange is the first part of the company’s development of a single platform that will represent both a digital asset spot and regulated futures exchange, the firm said in the announcement. Subsequently…

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London Stock Exchange CEO Is Certain That Blockchain Can Be Used in Issuing, Settlement

The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on May 2. Speaking in an interview, Rathi noted that distributed ledger tech (DLT) could potentially play a role in the United Kingdom’s stock market. Specifically, Rathi expressed confidence…

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$4.3 Million Lost as Crypto Scams in Australia Rise 190% in 2018

A 190% increase in cryptocurrency scams saw Australian consumers lose $6.1 million Australian dollars ($4.3 million) in 2018, according to a report released by the country’s Competition and Consumer Commission on April 29. The substantial rise from the AU$2.1 million ($1.48 million) lost in 2017 came despite an industry wide slump in cryptocurrency prices, with Australian authorities receiving 674…

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Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Company Limited (PTTEP) performed a successful test of blockchain use for cross-border business-to-business payments. The bank recently announcedthe successful pilot on its website. Per the announcement, the project, which has been ongoing since mid-2018, aims to optimize operational efficiency. The bank claims that earlier this year,…

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Chilean Government Introduces New Cryptocurrency and Fintech Regulation

The Minister of Finance of the Chilean government Felipe Larraín announced the introduction of a bill regulating cryptocurrencies and fintech to Congress, Cointelegraph Spain reported on April 15. During his recent stay in the United States, Larraín reportedly noted that the requirements introduced by the new regulation will be proportional to businesses. He explained that the rules will take into account that various companies have…

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Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain

Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron (TRX) blockchain, according to an announcement published on April 19. United States-based digital currency exchange Poloniex has added support for deposits and withdrawals of USDT on the Tron network. The development will reportedly support Tether on both chains —  USDT issued on the Omni protocol and the Tron network.…

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Blockchain to be Used in West Virginia for Voting in 2020

In 2018, West Virginia used the blockchain to conduct voting for a midterm election, and this made it the first U.S state to replace the ballot with a new technology. The state will go forward with the use of blockchain and distributed ledger technology (DLT) in all voting exercises, as stated by Donald Kersey, elections…

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