Blockchain & Cryptocurrency News

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Mon, 06 Apr 2020, 03:13 AM
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Russia postpones major cryptocurrency law due to coronavirus

Brazilian crypto exchange XDEX announces full closure due to reduced opportunities

Brazilian crypto exchange XDEX announced its full closure on its blog on March 31. In an open letter addressed to its customers, XDEX looked back at the 17 months it had been operating to promote and facilitate access...

BMW rolls out blockchain solution to drive supply chain transparency

Luxury vehicle company BMW Group uses blockchain to drive supply chain transparency. In a press release, BMW Group announced that it has been using innovative digital technologies to optimize its processes like...

Blockchain company Bitfury re-assigns computing power to COVID-19 research

Bitfury is the latest blockchain company to join the research for coronavirus. Bitfury announced on its blog that it has made its part to support the research to end COVID-19. It has re-assigned computing power from its...

Binance launches Binance Loans service with 20% off interest rate promotion

Binance announced the launch of Binance Loans service. On Tuesday, Binance introduced Binance Loans service which will help users leverage existing crypto assets as collateral for loans, borrow from a large range of...

Ubisoft, AMD, MakerDao join Blockchain Game Alliance under new leadership

The Blockchain Game Alliance (BGA) announced the appointment of its new president and named its new sponsors. BGA appointed Sébastien Borget as its new president. It also welcomed video game company Ubisoft,...

DeversiFi burns $20M Nectar tokens to drive DEX adoption

DeversiFi announced that it burned millions of Nectar (NEC) coins. In its blog, DeversiFi, the decentralized exchange (DEX) spin-off of former Bitfinex sister exchange Ethfinex, announced that it has burned $20 million...

Square CEO Jack Dorsey offers to help government deliver Covid-19 stimulus payments

Square and Paypal are in talks with the government to use their apps to help deliver Covid-19 stimulus payments to Americans who do not have a bank account. On Friday, a $2 trillion stimulus package was signed into law...

Business

Taiwan blockchain company BSOS raises over $600 angel funding from NDC Sat, 04 Apr 2020, 07:32 am UTC

Taiwan blockchain technology company BSOS announced in a press release that it just raised over $1 million in its angel funding. BSOS received $666,000 from the National Development Council (NDC). Prior to that, the country has been said to be focused more on cryptocurrency as opposed to enterprise blockchains. Daniel Huang,...

Tron CEO announces launch of Djed DeFi ecosystem for collaterized loans

Crypto exchange Binance adds SGD, PHP and more fiat currencies

SCB opens Ripple-powered consumer cross-border payments to businesses

Technology

Blockchain Africa conference shows continent is enthusiastic about new technology Wed, 25 Mar 2020, 14:14 pm UTC

Africa is enthusiastic about blockchain technology. During the Blockchain Africa conference, several use cases were discussed including the challenges and solutions blockchain can deliver in the continent, Cointelegraph...

CoreWeave redirects 6K GPU from crypto mining to coronavirus research

Georgia partners with IOHK for Cardano-backed blockchain verification system for education

Cardano working on commercial infrastructure to compete with other cryptocurrencies

Investing

Interest in cryptocurrencies ‘all-time high’ amid coronavirus outbreak, people see ‘buying opportunity’ Fri, 27 Mar 2020, 00:10 am UTC

The markets have been shaken by the COVID-19 pandemic, but the current circumstance only opens the door for digital assets. Kris Marszalek, CEO and co-founder of Crypto.com, told Coindesk that the interest in...

Should shorting be banned on crypto exchanges after rapid price drop?

Crypto lending firm BlockFi increases interest rates on bitcoins and ether

Tim Draper predicts bitcoin to save the world after crisis, not government or banks Bitcoin has endured a number of crashes in the past week due to coronavirus outbreak, but Tim Draper is still very positive about the future of the cryptocurrency. In an interview with 415 Stories podcast, the Venture...

Insights

Consumers want food producers to use blockchain to maximize transparency and trust, report says Sat, 04 Apr 2020, 07:26 am UTC

Consumers want companies within the food, drink and supplement market to use blockchain technology. In the third quarter of 2019, FCMG Gurus surveyed 26,000 consumers across 26 countries about blockchain. The...