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Stablecoins are Starting Traction to See Outward of Crypto Exchanges

The statistics are a change from previous times when the majority of Tether (USDT) would sit at Bitfinex or other crypto exchanges and not see much on-chain usage at all, in part because Bitfinex was the main exchange where they had real liquidity and in part because it was the best place to trade with them. That has changed in recent times, with Bitfinex implementing Tether neutrality, and other stablecoins entering the market. According to statistics published in Diar, stablecoins have seen more than 1000% increased transaction activity on-chain since September. This is not…

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Innovation Society of the Government of South India to Promote Blockchain Development

In particular, native major tech firm and blockchain development company Tech Mahindra’s Eleven01gets a lot of love in the region. They’ve now entered a partnership with APIS to promote blockchain in using all means necessary everything from events to educational and mentorship programs. In the southern state of Andhra Pradesh, where they have the APIS – Andhra Pradesh Innovation Society, blockchain is being actively promoted at various levels of government. It seems not every government official in India has an eye toward draconian or restrictive blockchain regulation, as we’ve seen this year from…

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Market Down By $6 Billion:Bitcoin Loses 3% As Cryptocurrencies Drop Again

Bitcoin, which seemed to be demonstrating a fairly strong price movement in the last two days from November 28 to 29, experienced a $150 price drop, becoming vulnerable to falling below the $4,000 mark. In the past 24 hours, the cryptocurrency market lost more than $6 billion, as its valuation dropped from $142 billion to $136 billion. Large market cap cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) have dropped in value once again. Thus, Over the past 24 hours, tokens recorded losses in the range of 10 to 15 percent,…

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Why Bitcoin Cash With BCH Ticker are Granting Major Crypto Exchanges

The hash power war between Bitcoin Cash (BCH) and Bitcoin Cash SV (BCHSV) ended with a one-sided victory for BCH. Fast forward eight days, a growing number of leading cryptocurrency trading platforms have begun to officially adopt ABC as the original Bitcoin Cash network with the ticker BCH. Prior to the hard fork on November 15, major cryptocurrency exchanges publicly expressed support towards the roadmap set, the original Bitcoin Cash blockchain network. The Coinbase, one of the most widely utilized fiat-to-crypto exchanges in the global market, released an official statement…

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Bitcoin 

Bitcoin Cash Price Analysis- BCH/USD May Crash $300 Or $850 By End Week

Today marks the new starting or the end of Bitcoin cash assuming Craig Wright wins the hash rate game and mine empty blocks before Roger Ver mining pools. The BCH/USD pair did move down and broke the $500 and $480 support levels. The decline was nasty as the price dropped by around $100 and traded close to the $400 support. A new low was formed at $404 and the price is currently consolidating losses. It has more chances of declines below the $500 support in bitcoin cash price against the…

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Bitcoin 

How Bitcoin Have Its Value In Ten Years

This month marks ten years since the bitcoin.org domain was registered. Bitcoin.org was originally registered and closely-held by Bitcoin’s 1st two developers, Satoshi Nakamoto, and Martti Malmi. Bitcoin, the world’s 1st cryptocurrency is at the forefront of a complex financial set-up viewed warily by markets and investors. October 31, 2008, marked the birth of bitcoin. Bitcoin didn’t technically begin trading till January 2009, thus why are we celebrating its ten years? Simple as a result of this marks the day that a mysterious person named Satoshi Nakamoto announce a paper…

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Bitcoin 

Don’t Upgrade Your Bitcoin Miners to Bitmain’s AsicBoost Patch

Bitcoin mining pool operator Slush Pool is urging miners not to upgrade their Antminer S9 devices to a new firmware patch released this morning by manufacturer Bitmain, as it will render the devices incompatible with Slush Pool. According to Slush Pool, Bitmain’s firmware upgrade is not compatible with the BIP310 standard, which outlines a generic mechanism for specifying stratum protocol extensions. Consequently, users who upgrade their S9s will not be able to mine on Slush Pool until the firm is able to develop and implement a workaround. In the meantime,…

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Bitcoin 

Payments Processor BitPay Integrates Stablecoin Settlements

Bitcoin payment processor BitPay has announced that merchants may now accept settlement in USD-pegged cryptocurrency “stablecoins” Gemini Dollar (GUSD) and USD Coin (USDC), providing them with the ability to denominate their operations in cryptocurrency while remaining immune from market volatility. The Atlanta-based BitPay made the announcement on Monday, explaining that it will allow merchants in 190 countries to accept international payments without relying on costly, time-consuming wire transfers. GUSD was recently launched by Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss. The token, whose balance sheet will be…

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BlackBerry Is Launching A Blockchain-Based Platform For Medical Data Sharing

The company is using its network operation center (NOC) to power a blockchain digital ledger that aims to create a secure global system for storing and sharing patient medical data, a release states. The blockchain is provided by Onebio, a peer-to-peer marketplace for biodata. BlackBerry Limited has now come up with a blockchain solution for secure data sharing among healthcare providers in order to improve patient outcomes. BlackBerry, the longtime developer of smartphones and tablets, has recently unveiled BlackBerry Spark, an Enterprise of Things (EoT) platform, that aims to transform…

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In Melbourne, Bitcoin Scammers Impersonating Tax Officials Net AU$50K

Per Australian newspaper reports, four victims have so far lost amounts totaling AU$50,000 on the understanding that they were settling a tax debt. According to detectives at Maribyrnong Crime Investigation Unit, all the victims hail from Melbourne’s eastern suburbs. Despite a scam alert issued by the Australian Taxation Office late last month, fraudsters impersonating employees of the tax body have still managed to con victims thousands of dollars. The fraudsters not only informed the victims that they had a tax debt that required to be paid, but they also suggested…

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