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Binance said it will be learning from Facebook’s mistakes with Libra, taking an even “more conservative” approach with its stablecoin, Venus. Besides compliance, it differs from Libra in that it will primarily focus on partnering with governments in Asia. Binance looking to take on Facebook with a regulatory-compliant stablecoin With the eyes of the entire […]

Hyperledger is officially integrating an open-source Ethereum client into its technology offering. After vigorous debate, the Hyperledger technical steering committee decided—by unanimous vote—to induct PegaSys’ open-source Ethereum client “Pantheon.” In the coming weeks Pantheon will be renamed Hyperledger “Besu,” after the Japanese term for base or foundation. “Blockchains are, after all, a base of data […]

PNC becomes the first bank to start using the RippleNet blockchain payment network in the United States. Instant cross-border payments PNC is ranked 8th on the list of largest banks in the U.S., according to Business Insider. The banking giant is based in Pittsburgh, Pennsylvania, and operates in 19 states and the District of Columbia […]

A capacity crisis is roiling Ethereum as it hits a historic low against Bitcoin. Although declining prices appear to be part of a broader corrective trend, some analysts argue hiccups in the protocol’s development are the root cause. Meanwhile, Vitalik Buterin claims salvation via ETH 2.0. “The Ethereum blockchain is almost full” Ethereum’s network utilization recently […]

Prominent Muslim scholars and financial advisors released a white paper declaring Ethereum “halal,” or permissible, according to Islamic Sharia law. The clarity for Muslim purchasers may stimulate additional demand for Ether. Ethereum’s compliance with Sharia law has been contemplated for some time. Virgil Griffith, an American programmer and head of special products at the Ethereum […]

After losing the Kleiman case, Craig Wright could face another major lawsuit. British podcaster Peter McCormack said he was considering a class-action lawsuit against Wright, Calvin Ayre, and Jimmy Nguyen for falsely claiming that Wright is Satoshi and that Bitcoin SV is “Satoshi’s vision.” No end in sight for Craig Wright’s legal woes After Craig […]

A young Caribbean-based company is offering foreign investors a chance to buy $75 million worth of tokenized real-estate assets. The extended STO, which first launched in July, will be divided into three phases and last until 2020, enabling investors to buy stakes in oceanfront properties in the Dominican Republic. Company announced a $75 million STO […]

After months of anticipation, messaging app Telegram is inching closer to launching its Gram token. The “first batches” of the cryptocurrency are set to be delivered to investors ahead of the Oct. 31 deadline, according to a report from the New York Times. Anonymous investors reveal Telegram actively working on Gram tokens The amount of […]

Bakkt’s Bitcoin futures are on schedule to launch on Sept. 23, coinciding with a technical pivotal point on BTC’s daily chart. Bakkt’s Bitcoin futures Bakkt, a subsidiary of the Intercontinental Exchange (ICE), was recently granted approval from the U.S. Commodity Futures Trading Commission (CFTC) for crypto-settled Bitcoin futures. These contracts are meant to allow institutions […]

A forgery crisis is disrupting the global gold industry, reported Reuters, emphasizing the need for an easily verifiable store of value—like Bitcoin. Forgeries slip into the gold supply Gold bar forgeries are seeping into the vaults of the world’s largest financial institutions. Unlike ‘fake’ gold bars, which are made with cheaper metals plated with gold, these […]