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As U.S-imposed sanctions continue to cripple Iran economically, the Islamic state is reportedly on the verge of announcing its state-backed cryptocurrency. The ability of Iranian financial institutions to conduct transactions and relate with the rest of the world has been shackled since the sanctions were enforced and many believe the Iranian cryptocurrency will help abate some of the effects of the sanctions. To further stoke the rumor fires, it has been reported that the Iranian government expects to make an announcement concerning the digital asset at the annual Electronic Banking and Payment Systems Conference, which kicks off in Tehran on January
In this edition of The Daily, Iran is reportedly preparing to announce its national cryptocurrency during a conference starting on Jan. 29. Also, a draft decree introducing legal definitions for terms related to cryptocurrencies has been introduced in the Italian Senate and the IMF has voiced concerns over Malta’s blockchain industry while recognizing the positive growth prospects for the island nation.
Fortnite fans rejoice, Epic Games has announced a partnership with ESL to host the ESL Katowice Royale, a new tournament series with $ 600,000 in total prizes. We have teamed up with @EpicGames to bring the game that took the world by storm to our flagship event. ESL Katowice Royale – Featuring @FortniteGame will take the #IEM Katowice […]
By CCN.com: It looks like the skies will be much clearer for the crypto and blockchain community in Bermuda soon. A bank that will accept blockchain and crypto companies appears to be just around the horizon. Bermuda Premier David Burt made the announcement during a one on one interview with BBC journalist Priya Patel at the
The post Exclusive: Bermuda to Announce Launch of a Crypto-Friendly Bank Next Week appeared first on CCN
The Singapore crypto exchange Switcheo has announced over the holiday period that it now supports the Alchemist launched SDUSD stablecoin. The Dollar-pegged coin was created to hold the value of $ 1 and is locked to NEO. Switcheo Exchange made the announcement that the NEO/SDUSD pairing will be available on the platform from December 27 onwards
The post Singapore Crypto Exchange Switcheo Announce SDUSD Stablecoin Support appeared first on CCN
The team behind XLM, Stellar, have announced a new partnership with the Blockchain Wallet, one that is being celebrated with a huge airdrop of free XLM tokens. The airdrop promises to donate around $ 125 million worth of XLM tokens to people who sign up to the Blockchain Wallet during this week. The bounty is set at around $ 25.00 per user, so actually, this is quite a fruitful reward.
What is an Airdrop?
The developers over at Stellar, the sixth biggest digital currency in the world has announced the first rungs of a second layer payments system which could potentially open the door for instantaneous off-chain settlements without fees. In a recent post on Medium, Interstellar revealed their first demo for Starlight, a Lightning Network for the Stellar Lumens digital currency.
This move puts Stellar on the same path as Litecoin and Bitcoin who have also looked into the off-chain payments as redemption for their longer block times and growing fees. In place of paying fees for several payments, users that use off chain payment rials can escrow their funds in a multi-signature wallet, allowing many transactions in several directions for only a single set of fees.
The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies.
ICO Stance Expected in November
Hong Nam-ki, Chief of the Office for Government Policy Coordination, conveyed during a parliamentary audit on Thursday that “The Korean government is likely to announce its stance on the much–disputed status of initial coin offerings [ICOs] in November,” the Investor reported.
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The 0x project is a project designed to facilitate a decentralised exchange for cryptocurrencies and tokens. It’s a bold and growing project, one with a solid vision for the future. According to the 0x website:
“The 0x protocol facilitates the exchange of a growing number of Ethereum-based tokens including currencies, game items, and many more digital assets. By sharing a standard API, relayers can easily aggregate liquidity pools, creating network effects around liquidity that compound as more relayers come online.
It’s the most popular sport in the world and so it was only a matter of time before cryptocurrencies made their way into the industry. With an estimated fan base exceeding 4 billion people, soccer offers crypto a big unexplored market, and crypto startups have been quickly moving in. The latest is Italian soccer giant, Juventus, which announced today that it had partnered with blockchain-based fan engagement platform Socios.com to launch a fan token. The soccer club, which has over 300 million fans globally, intends to use the token to give its fans a voice in the running of the club.
This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The term BCN is a new acronym that we’ve created to emphasize our key feature. In order to create a better interactive community, we focused on integrating users and
The post BITSMO Announce Launch of Unique Crypto Exchange Platform Community “BCN” appeared first on CCN
Yesterday, Ripple made an announcement on their official news page that points towards integration of Ripples services by three new cryptocurrency exchanges. This isn’t three new exchange listings for XRP, rather it’s a little deeper than that.
xRapid is one of the numerous Ripple technologies that help Ripple stand out as a blockchain project. As we know, xRapid is most associated with XRP, the native currency to the Ripple blockchain as it’s premise is to provide cross border payments that minimise liquidity costs, via a high speed, low fee network.
The post Ex-soccer stars, technologists announce DLT-powered social network Olyseum for sports fans appeared first on CoinReport.
Fetch.AI, an AI powered, self-organising ‘smart ledger’, has announced a partnership with token information and advisory firm, TokenMarket. TokenMarket will work closely with Fetch.AI’s lead investor and strategic advisory firm, Outlier Ventures, to deliver the Fetch protocol within the blockchain ecosystem. This meets Fetch’s wider plan to ensure that its next generation artificial intelligence system is adopted into everyday society.
The post IBM, Global Citizen announce ‘Challenge Accepted: Blockchain for Good’ appeared first on CoinReport.
Austin-based blockchain-as-a-service company Factom is partnering with FPT Software, an IT services company stationed in Vietnam. The two enterprises will work with each other to develop a new blockchain technology platform through Factom Harmony — a system that creates audit records regarding data, decisions, activities and events. The purpose of the platform is to digitize and store files by utilizing simple APIs and Factom’s blockchain solutions, so information can become confirmable and auditable respectively.
Founded in 2014, Factom, Inc. specializes in designing and producing faster blockchain applications to handle large data for complex institutions. Among the organization’s clientele are the U.S. Department of Homeland Security and the Bill and Melinda Gates Foundation.
Hong Kong crypto banking & asset exchange expert, Coinsuper and BitUN, a private bank of blockchain assets, have announced a strategic partnership agreement. Coinsuper and BitUN will join to strengthen long-term cooperation across all trading and customer services and integrate both parties’ advantages on technology, products & services, platform resources and others, jointly expanding the global blockchain asset market.
Coinsuper is building a preferred, expanding list of cryptocurrencies based on qualified, separate public chains, aimed at providing a greater choice of cryptocurrencies to investors. In linking with BitUN’s cross-chain storage network, it can now offer cryptocurrency storage services well. Coinsuper will adopt BitUN’s multi-layer technology solution for hot and cold wallet separation, ensuring investor transaction and digital asset security.
Cryptocurrency in Japan has proven to be a rather interesting topic. While the government officially legalized this form of money, the country’s exchanges are trying to introduce more regulation in their own way. A group of 16 registered companies will create a self-regulatory body to generate more trust in this industry moving forward.
FundFantasy has taken yet another step to bring fantasy trading to everyone. This unique project has partnered up with one the most popular multi-coin HD wallets in the market, Coinomi.
This partnership will allow FundFantasy to offer another avenue for potential contributors to buy, store and use their FUNDZ tokens. This partnership also puts the project in a position to learn from Coinomi team members and to contribute to the wallet’s growing list of compatible assets. This is a win-win for both and a huge advantage for the nascent fantasy trading community and users of the multi-asset wallet.