Binance, the world’s largest crypto exchange, continues to prioritize the price growth of its exchange token, Binance Coin (BNB). 8th #Binance Coin Burn: From the Team $ BNB Allocationhttps://t.co/gJrEj4axyc pic.twitter.com/9YfsF5HQP2 — Binance (@binance) July 12, 2019 According to a recent blog post, Binance plans to relinquish the BNB tokens allocated to its core team, which currently […]
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Brazilian Bank Plans to Use Tezos Blockchain for STOs Worth $1 Billion
BTG Pactual, Brazil’s fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $ 1 billion.
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City of Dublin Ohio Plans to Launch Bitcoin Cash-Based SLP Token
On July 1, Joshua Green, CEO of the Bitcoin Cash (BCH) implementation Bitcoin Verde, told the BCH community that the local government from Dublin, Ohio plans to mint a token using the Simple Ledger Protocol (SLP). The unnamed SLP token will be used for city events, redeemed for city-branded swag, discounts, and can be given to volunteers who help Dublin prosper.
Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
IRS Plans to Issue Guidance on Virtual Currency Taxation
Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official tax guidelines.
Also read: Last Will Platform Allows Your Loved Ones to Inherit Your BCH
Following Hack, Binance Plans System Upgrade
Popular cryptocurrency exchange Binance will be conducting a system upgrade on May 15, 2019, in the wake of a $ 40 million hack.
Per an announcement that was published on the exchange’s blog, the scheduled system update will affect all transactions on the platform for about 6 to 8 hours. However, it also noted that the time needed for this upgrade to complete might vary.
Poloniex Plans to Add Staking for Cosmos (ATOM) This Summer
Circle’s cryptocurrency exchange subsidiary, Poloniex, announced on Wednesday that it is planning to support staking for Cosmos (ATOM). Cosmos leverages a delegated proof of stake (DPoS) consensus system, which currently yields around 13% annually for stakers. Poloniex announces staking rewards for @cosmos $ ATOM. Coming soon – eligible exchange customers to automatically earn staking rewards. Learn […]
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WeChat Plans to Stop Merchants From Transacting in Cryptocurrencies
WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions. The revised agreement will be put into effect on May 31, 2019.
Bitfinex Plans to Raise $1 Billion With an Exchange Token Offering
iFinex, the owner of Hong Kong-based cryptocurrency exchange Bitfinex, is reportedly planning to raise $ 1 billion worth of Tether (USDT) through an initial exchange offering (IEO) for a new exchange token called LEO. According to a recent report by The Block, which cites Bitfinex shareholder Zhao Dong, Bitfinex has already had over $ 600 million in […]
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Ocean Protocol Plans Bittrex IEO After CoinList Offering Fails to Meet Goal
Ocean Protocol, a decentralized data exchange protocol to unlock data for AI, is now planning to raise funding via an initial exchange offering of Ocean Tokens (OCEAN) on Bittrex International following its failed attempt to meet its fundraising goal on CoinList. We are delighted to announce that @BittrexIntl will be conducting an Initial Exchange Offering […]
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BSV Falls 13% After Binance Reveals Plans to Delist the Coin
On April 15, Binance announced that the trading platform will be delisting bitcoin SV (BSV). The removal follows the tendentious actions of Craig Wright over the last few weeks in which the BSV creator has sent libel lawsuit warnings to well-known digital currency proponents. Since the announced delisting, the price of BSV has fallen by more than 13%.
Also read: Bitcoiners’ Seastead in Deep Trouble With Thai Government
South Korea’s Military Acquisitions Agency Plans Blockchain Pilot
The South Korean military acquisitions agency hopes a blockchain system can improve defense business operations.
CoinDesk
Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations
On Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over exchange operations.
Also read: Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins
Brunch Staking Pool Plans to Support Cardano (ADA) Development via Higher Fees
Earlier this month, Brunch Pool announced that it plans to offer investors the opportunity to join likeminded stakers who want to help build the Cardano (ADA) ecosystem by paying a percentage of staking rewards to the foundation driving its development. Introducing Brunch Pool.https://t.co/6cfsnwmEdW — Brunch Pool | Cardano Stake Pool (@brunchpool) March 9, 2019 Cardano leverages […]
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Loom Network (LOOM) Plans to Integrate TRON and EOS Into PlasmaChain
Last week, Loom Network (LOOM), a blockchain ecosystem for games and social apps, announced support for the top-100 ERC-20 tokens by market cap, including Binance Coin (BNB), on PlasmaChain, a high-performance DPoS sidechain that acts as a bridge between multiple chains and Ethereum (ETH). On Wednesday, Loom Network kept the good news rolling with the revelation that […]
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Report: Korean Messaging App KakaoTalk Plans to Add Crypto Wallet
South Korean internet company Kakao is reportedly working on integrating a crypto wallet into its messaging app, KakaoTalk, for its more than 44 million active users. According to a report by South Korean media outlet fnnews, the move by Kakao is in response to the recent announcement by Samsung that it would be adopting a […]
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Sats Back: How the Ebates of Bitcoin Plans to Convert Holders to Spenders
“The merchants don’t want the banks either — that’s the alignment no one talks about. Look at what Kroger did. They pulled out of Visa. The retailers are on the good side.”
Alex Adelman, co-founder and CEO of Lolli, should know. After graduating from the University of North Carolina at Chapel Hill in 2011, the entrepreneur started Cosmic, an e-commerce gateway “with the idea to democratize commerce, allowing anyone to buy anything anywhere,” he told Bitcoin Magazine. The company, after an initial acquisition by PopSugar Inc., would end up in the hands of e-commerce cashback giant Ebates, and Adelman and his CTO, Matt Senter, would stay on staff after the buyout.
Hodl Hodl Plans to Bring Prediction Markets to Bitcoin (BTC)
After more than 3 years in development, Augur (REP) took the crypto community by storm last summer when it launched its peer-to-peer prediction markets on the Ethereum (ETH) blockchain. However, the excitement quickly dropped off as adoption failed to materialize. While Augur has yet to live up to the hype, Hodl Hodl, a peer-to-peer crypto exchange, […]
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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019
Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019.
On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. Currently, Ebang is the third largest manufacturer of cryptomining equipment.
There is one main reason that Ebang might have a solid chance of moving up in the mining manufacturing world: Bitmain’s recent financial troubles. Also based in China, Bitmain is currently China’s unequivocal leader in ASIC mining hardware manufacturing. Canaan, the second largest company on the list, is centered in China as well.
ICYMI: Major NEO Dapp Effect.AI Plans to Migrate to EOS (EOS)
Effect.AI (EFX), a startup developing a decentralized network for artificial intelligence and AI related services on the blockchain, recently revealed that it is planning to migrate from NEO (NEO) to EOS (EOS). Rumor finally confirmed! We’re excited to announce that https://t.co/Zp35M5kT00 will build The Effect Network on EOS; a necessary step in our quest for […]
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TRON (TRX) Plans February 28 Hard Fork to Add New Features
TRON Foundation CEO Justin Sun took to Twitter Sunday to reveal that TRON (TRX) is planning a hard fork on February 28 that will bring a number of new features to the blockchain platform. #TRON will launch 3.5 hard fork upgrade on 2/28. New Features: 1. multi-sig and acct mng, institution ready 2. Dynamic energy adjustment […]
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