European-based cryptocurrency exchange platform, Coin Field, partnered with blockchain analysis startup, Chainalysis, to integrate the Chainalysis Know-Your-Customer (KYT) surveillance tool to monitor crypto transactions. Meanwhile, the coming of the AMLD5 into effect means that crypto exchanges in Europe would be faced with more compliance requirements. CoinField Keen on Combating Money Laundering Chainalysis announced the news
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E-commerce giant, Shopify, has become the newest member of the Libra Association, following the departure of some members. While this may be a win for Facebook’s Libra Association, the status of the Libra stablecoin remains cloudy. Libra Association has a New Entrant Shopify took to its blog on Friday, February 21, 2020, to officially announce
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Decentraland (MANA) a virtual world game that has been in the making since 2017, has finally launched on the Ethereum blockchain. Owners of LAND in the blockchain-based virtual world can now explore 3D creations, play games, socialize and do more in the Decentraland ecosystem, according to reports on February 20, 2020. Decentraland Finally Goes Live
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IOTA (MIOTA) has advised users of its Trinity wallet who opened their accounts between December 17, 2019, to February 18, 2020, to use the seed migration tool to protect their funds from being stolen, according to a tweet on February 20, 2020. IOTA Salvaging the Ugly Situation Following the IOTA (MIOTA) Trinity desktop wallet bug
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Italian football heavyweight Juventus has signed a partnership deal with blockchain-based digital trading card platform Sorare. The deal is geared towards offering fans rare digital trading cards powered by Ethereum’s ERC-721 standard. Juve and Sorare Partner to Create Tradable Fan Tokens According to SportsProMedia, Italy’s biggest football club Juventus has penned an agreement with the
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The Cardano (ADA) distributed ledger technology (DLT) project has successfully carried out the Ouroboros Byzantine Fault Tolerance (OBFT) hard fork, a huge milestone that lays a solid foundation for the launch of Shelley, according to a tweet on February 20, 2020. Cardano (ADA) OBFT Hardfork Successful Since the launch of the Cardano (ADA) blockchain project
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National Stock Exchange of Australia (NSXA), a Sydney-based stock exchange owned and operated by NSX Limited, is joining forces with iSignthis (ISX), to develop a blockchain-based digital securities platform that would rival that of the Australian Securities Exchange (ASX), according to reports on February 20, 2020. NSXA Joins the Blockchain Movement Per sources close to
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Brave (BAT), a privacy-protecting web browser that rewards users with cryptocurrency for viewing ads, has sent a letter to the British authorities, urging them to put an end to Google’s monopoly by enforcing the General Data Protection Regulation (GDPR), reports Decrypt on February 19, 2020. Brave (BAT) takes on Google Per sources close to the
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Institutional speculators and high net worth individuals on CME have been active in the Bitcoin futures market since the start of the year. Nearing $350 million of open interest and $1 billion of volume, CME has become an important aspect of the Bitcoin market, February 20, 2020. Outlook from Bitcoin Derivatives Bitcoin futures across trading
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Cisco and Japan’s NEC Corporation have entered a strategic partnership to track network equipment produced by the former on a permissioned blockchain. As per Ledger Insights, growing cybersecurity concerns are the driving force behind this initiative. This is an addition to a number of Fortune 500 companies using blockchain to track goods and verify authenticity, February 20,
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