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Northern Irish Capital, Belfast Introduces Bitcoin-Like Local Cryptocurrency

The city council of Belfast, Northern Ireland, has announced it is introducing a Bitcoin-like cryptocurrency for local goods and services. The technology is currently being trialled, during which the council hope to attract “an ecosystem of stakeholders.” ‘Belfast Coin’ Encourages Locals To Spend Locally ‘Belfast…

‘Facebook Coin’ Will Be More Like Bitcoin Than Starbucks Rewards, Says Analyst

Speculations about the purpose of Facebook’s planned digital coin are getting wilder. Ignoring key features like independence and decentralization, one analyst predicts that ‘Facebook Coin’ would look more like Bitcoin or Ethereum than your Starbucks reward points. Facebook Coin Might Encourage Viewing Ads With growing…

4 Examples Bitcoin is Now a More Mature Asset Than in 2017

Remember when the slightest bit of negative or positive development would cause the Bitcoin price action to change drastically? Well, those days seem to be long gone leading many to opine that BTC is becoming a much more mature asset. Here are four examples that…

New Bitcoin-ETF Filing With the SEC Throws Ethereum Into The Mix

Whilst the world waited for the SEC’s postponed decisions on two outstanding Bitcoin-ETF applications, somebody filed a new one. The United States Commodity Index Fund Trust filed the application yesterday for a fund based on a portfolio of both bitcoin and ether. Like The SEC Don’t Already…

Indian Crypto Companies Are Now Helping Thailand’s Banks Instead

Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home. Thai Banking System Embraces Blockchain Technology The settlement solution is a part…

Singapore Students Receive ‘Tamper-Free’ Digital Certificates On Blockchain

Students at the high-school level and above in Singapore will from this year receive digital certificates upon graduation. The initiative uses blockchain technology to enable an “easy and reliable way” to prove qualifications through tamper-free certification. Authenticating An Education The concept is simple enough. Graduating…

Facebook Business Model ‘Needs to Change’ to Reach Decentralization

At Facebook’s annual F8 conference one of Mark Zuckerberg’s themes was “the future is private.” This news also comes on the back of Facebook’s earlier announcements of launching a stablecoin for Whatsapp and its other efforts of decentralization. In a piece by publication Off The…

E-Trade is Readying Bitcoin Trading For 5 Million Customers: Report

Following news that broker TD Ameritrade is testing BTC spot-trading, trading platform giant E-Trade is reportedly getting in on the action. According to sources, E-Trade is preparing to support Bitcoin and ETH trading to its 5 million customers. E-Trade Getting on The Bitcoin Bandwagon According…

Goldman Sachs ‘Missing Out’ as Crypto Fund Assets Soar to $15 Billion

Wall Street giants such as Goldman Sachs are increasingly at risk of being left behind as cryptocurrency funds are the fastest growing segment of the hedge fund industry. Cryptocurrency Hedge Funds Are Growing the Fastest A few months ago, Wall Street seemed to be embracing…

Goldman Sachs ‘Missing Out’ as Crypto Fund Assets Soar to $15 Billion

Wall Street giants such as Goldman Sachs are increasingly at risk of being left behind as cryptocurrency funds are the fastest growing segment of the hedge fund industry. Cryptocurrency Hedge Funds Are Growing the Fastest A few months ago, Wall Street seemed to be embracing…

Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest…