Blockchain.info Confirms In-Wallet Paxos Stablecoin Trading Rollout

Cryptocurrency data aggregator and wallet provider Blockchain.info will launch trading of its fifth coin, paxos standard token (PAX), on Monday, the company told industry news outlet CoinDeskon May 31. Paxos is a United States dollar-pegged stablecoin, and its addition will be a first for Blockchain.info in the stablecoin space. Blockchain currently supports four cryptocurrencies: bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH) and stellar (XLM),…

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Russia’s Raiffeisen Bank and Askona Life Group to Use Blockchain For Automated Settlements

On Friday, May 31, 2019, Raiffeisen Bank, part of the Austria market, has recently announced news regarding the implementation of a blockchain ecosystem with the involvement of Askona Life Group, a firm devoted to offering sleep products. In the announcement, the reasons why blockchain technology was essential and what it means for the overall market were revealed.…

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Does Digital Future for Vienna Rely on Blockchain?

Austria has been a leader in digital technology and how it can improve the lives of those who live there. Vienna is a modern city, using innovation to capitalize on digitalization. Smart City Vienna is an initiative aimed at making the city more livable through technology. This initiative utilizes real estate, energy, mobility and many…

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Belarussian Exchange to Offer Tokenized Government Bonds

The global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds, according to a press release on May 7. According to the press release, users can now use fiat money or cryptocurrencies bitcoin (BTC) and ether (ETH) to invest in and trade Belarussian government bonds. Belarussian-based company Currency Com Bel LLC is reportedly…

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Warren Buffett Takes a Moment to Insult Bitcoin at His Berkshire Hathaway’s Annual Meeting

There is not any doubt in the cryptocurrency industry, regarding the way that Warren Buffett feels about Bitcoin, or “rat poison squared,” as he calls it. After the recent annual meeting of Berkshire Hathaway, Buffett practically doubled down on his statements, saying that the cryptocurrency is “a gambling device,” bringing attention to the many scams in…

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Japanese Cryptocurrency Exchange Zaif to Resume Activity Seven Months After Hack

Japanese cryptocurrency exchange Zaif announced that the transfer of the business from Tech Bureau to Fisco Digital Asset Group (FDAG) will become effective on April 22, and that normal activity will resume on the next day. Cointelegraph Japan reported on the developments on April 20. Bitcoin (BTC), bitcoin cash (BCH), and monacoin (MONA) were stolen from the exchange in a hackin September last…

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Bitcoin Passes a Milestone 400 Million Transactions

As Bitcoin price $5340.12 +0.14% rose rapidly last week, so did network activity, with volume spiking as traders rushed to take advantage of the new volatility. Afterwards, with a bearish retracement still nowhere to be seen, data from monitoring resource Blockchain.com confirmed that Bitcoin handled its 400 millionth transaction April 8. The giant figure comes as more and more sources…

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ATM bitcoin payments via lightning network becomes a reality

On March 31, 2019, Weis publicly demonstrated a transaction via Lightning Network at a bitcoin ATM, during the Lightning Hackday, in Hong Kong. The crypto industry is becoming increasingly enthusiastic about the Lightning Network because it offers to drastically lower BTC’s transaction fees while making it possible to execute near-instant transactions. Moreover, the demonstration of…

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