The recent achievement of SaTT’s initial coin offering (ICO) is the talk of the town after the company broke the bank by collecting about $1 Million in less than 48 hrs. The company has managed to hit the minimum amount set (US $3,360,000) for the project to be successful and is now setting its sight
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China may be seeing more competition in the global blockchain scene with the U.S. government making moves to improve the country’s competitiveness in emerging technologies. US-China Tussle Goes Blockchain The U.S. Congress is reportedly set to consider a new bill targeted at blockchain. According to Forbes, a bipartisan piece of legislation titled the “American Competitiveness
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Mastercard, one of the world’s largest payment network processors, has launched a customizable central bank digital currencies (CBDC) testing platform for banks to access and explore digital currencies as part of their drive to help modernize payment systems according to a press release on Sep 9. A Test Environment to Fast-track CBDC Rollout The virtual testing
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Dentsu has joined Japan’s Content Blockchain Initiative (JCBI), a consortium that aims to revolutionize the country’s media and content industry with distributed ledger technology (DLT), according to a Ledger Insights report on September 8, 2020. Dentsu Becomes a Member of JCBI Four more Japanese companies including Dentsu, Dentsu International Information Services (ISID), Avex Technologies and
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Blockchain firm CyberVein is set to deploy a blockchain-based governance system at a new aerospace center established in China. A Promising Collaboration CyberVein revealed in a medium post on September 8, 2020 that it had partnered with the regional government of Hainan Province of China for the development of a project called “Wenchang International Aerospace
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On May 10, 2017, David Vorick, Sia’s co-founder, criticized the Ethereum Foundation for governing the Ethereum protocol, which led to some degree of power centralization on a supposedly decentralized platform. Interestingly, with Sia’s new proposal, Voric’s project seems to be heading towards the same path, and a hard fork is the best method to achieve
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High performance, open-source blockchain Ontology announced a new product suite as it looks to make its mark on the decentralized finance (DeFi) space, according to a press release. Ontology Goes the DeFi Way Specializing in digital identity and data, Ontology launched a new decentralized identity solution earlier this month, making it easier and more secure
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KuCoin — a global cryptocurrency exchange based in Seychelles with a presence in over 100 countries and serving more than five million clients, is today marking its third business anniversary. To celebrate, it is closely working with KuChain — a financial public blockchain under development by KuCoin Group, to airdrop KTS tokens to dedicated clients.
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Last week’s massive sell-off that took bitcoin from $12,050 to as low as $9,875 had many traders turn cautious. Before the sell-off, the market was singing bullish. The new high of 2020 has lured many on-lookers into the market, only to see their recently purchased bitcoin depreciate. Spot traders would have lost 17% in less
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Alumni of a U.S. university Wake Forest has set up a system for the varsity to accept donations via a range of cryptocurrencies, as per an announcement by crypto firm Giving Block. Crypto Donations Arrive at University The initiative is led by Alex Wilson and Pat Duffy, the co-founders of The Giving Block. While at
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