Category: Digital Currency

Coinduck joins SIRIN LABS to provide a crypto-payment option through the Finney smartphone
November 07, 2018 BY Valentina Kirilova

Coinduck joins SIRIN LABS to provide a crypto-payment option through the Finney smartphone

SIRIN LABS, the creator of the blockchain smartphone, has announced its most recent partnership with Coinduck. Coinduck, an in-house venture created by Chain Partners, is the cryptocurrency payment service provider, enabling Ethereum coins for offline payments at 1,000 stores in Korea since its inception in 2018. For the first time, consumers can pay with ETH…

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November 06, 2018 BY Mariela Naydenova

The Winklevoss-backed Gemini Dollar on Liquid Exchange

The Liquid cryptocurrency exchange will list the Winklevoss-backed Gemini Dollar or GUSD. In September 2018, the Winklevoss brothers introduced the Gemini Dollar (GUSD), a stablecoin pegged to the US dollar and regulated by the US government. US dollars can be converted to GUSD through the twins' platform Gemini exchange, and from there transferred to an…

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November 05, 2018 BY Mariela Naydenova

Coinbase Pro to add the Basic Attention Token (BAT)

The Basic Attention Token or BAT is built on the Ethereum network, aimed at improving the digital advertising industry. According to its website, BAT will be the token for a fully decentralized and efficient blockchain-based digital advertising platform. The goal of introducing BAT in one’s business is to keep the customers’ data private, while delivering…

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November 01, 2018 BY Valentina Kirilova

SFC sets out new regulatory approach for virtual assets

The Hong Kong Securities and Futures Commission (SFC) has issued a statement setting out a new approach which aims to bring virtual asset portfolio managers and distributors of virtual asset funds under its regulatory net. It also sets out a conceptual framework for the potential regulation of virtual asset trading platforms. In light of the…

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October 31, 2018 BY Mariela Naydenova

This country "welcomes" 65% of all hacked cryptocurrencies

Hacking cryptocurrency exchanges and crypto accounts are two of the biggest issues related to digital coins. Governments around the world are citing these as top priorities to consider when introducing a digital coin or developing a stable coin. But it is interesting to note that more than half of all hacked cryptos end up in…

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October 29, 2018 BY Mariela Naydenova

China - cryptocurrency is property, not currency

Countries around the world are still struggling to classify cryptocurrencies. The SEC even created a special office to deal with fintech and new digital assets. China has come out to classify cryptocurrencies as legal properties, and not legal currencies. The Shenzhen Court of International Arbitration (SCIA) has ruled out that digital coins, especially Bitcoin, are…

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