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Global cryptocurrency exchange Coinbase recently announced on Wednesday, May 23, 2018, the acquisition of Paradex, a relay platform that allows users to trade cryptocurrencies directly with one another. According to Reuters, Coinbase is looking to improve the technology and expand Paradex’s service globally. Paradex is seen as a decentralized exchange since it does not hold any cryptocurrency tokens on behalf…

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GoCryptobot, Calorie Coin, and many other blockchain and cryptocurrency-based mobile applications have taken over the South Korean app market, competing against traditional applications and conventional platforms. Blockchain Games Some of the biggest conglomerates in South Korea such as Kakao and Naver have begun to develop blockchain applications to secure a position at the forefront of blockchain development. LINE is the…

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Online payments have always been identified as a real area for disruption by cryptocurrencies. The emergence of digital currencies supported by trusted blockchain technology, offering fast and low-cost transactions have all the makings of an online merchant favorite. It makes sense for a predominantly internet-enabled commerce market to be facilitated by not digital currency, but fiat. Since bitcoin arrived on…

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Building on the work he’s done with Monero (XMR) in the past, core team developer Riccardo “Fluffy Pony” Spagni is primed to launch a decentralized assets framework on the privacy-centric protocol, along with Naveen Jain and Dan Teree. The move is compared to Bitcoin’s colored coins project of 2012, and in more recent times, the Ethereum protocol.   Platform to…

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Batching is a method used to place as many transactions as possible into the limited block space available on Bitcoin’s blockchain. Batching is important because combining multiple outputs and payments into a single operation is space and cost efficient. What is Batching? Batching multiple transactions into one transaction, therefore, creates cheaper and lower fees for everyone on the network. While cryptocurrency…

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Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG) announced an agreement with America based Akamai Technologies on May 21, 2018, to develop a new payment network platform based on blockchain technology. The announcement was made via a press release by Mitsubishi. Payment Network Platform on the Blockchain The two companies will develop a payment processing network using the ledger technology….

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Shark Tank’s Barbara Corcoran believes that purchasing and selling homes using cryptocurrencies may be the future. “It makes great common sense,” said Corcoran, in an interview with Money. “I’m being very optimistic because, as a long-term play, it’s perfectly suited for real estate transactions.” While it may be uncommon to purchase and sell real estate using bitcoin, it’s not unheard…

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On May 14, 2018, OKEx CEO Chris Lee shockingly resigned from his post, citing personal reasons and a “desire to start a new life.” Now, the FinTech and digital payments expert joins Huobi, a primary rival of his former firm barely one week after dumping OKEx. Huobi Bolstered with New Talent In an announcement on May 21, the Singapore-based cryptocurrency…

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