Crypto Exchange OKEx Relists Bitcoin ABC Under Original Bitcoin Cash (BCH) Ticker

Crypto Exchange OKEx Relists Bitcoin ABC Under Original Bitcoin Cash (BCH) Ticker Another major cryptocurrency exchange has announced that they deem recent the recently created Bitcoin ABC to be the true Bitcoin Cash. Hong Kong-based OKEx will relist the digital currency under the original Bitcoin Cash ticker, BCH. The announcement is the latest example of a large trading venue…

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Not Everyone Wants a Bitcoin ETF

Not Everyone Wants a Bitcoin ETF While many traders eagerly await a potential bitcoin exchange-traded fund (ETF), some of the cryptocurrency’s most passionate advocates are lukewarm at best about the prospect of such an instrument. Twitter is flush with users like crypto entrepreneur Jonathan Hamel posting about how an ETF would bring an “epic” inflow of institutional…

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UNICEF Innovation Fund to Invest in Blockchain-Related Projects

UNICEF Innovation Fund to Invest in Blockchain-Related Projects The UNICEF Innovation Fund is investing $100,000 in six companies for developing blockchain projects, according to an announcement published Dec. 10. The UNICEF Innovation Fund was launched specifically to finance early stage and open-source technology that can benefit children. The fund identifies solutions in tech areas like blockchain, machine learning, quantum…

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Stablecoin Issuer Promises Full Audits of Euro-Backed Crypto Token

Stablecoin Issuer Promises Full Audits of Euro-Backed Crypto Token Stasis, a Malta-based issuer of stablecoins, has hired accounting firm BDO Malta to conduct quarterly and annual audits of its financials, including the euro reserves backing the startup’s EURS token. The engagement aims to dispel any doubts that EURS stablecoins are backed one-to-one by euros. Many cryptocurrency…

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Facebook Seeks Blockchain Talent for Five New Company Roles

Facebook Seeks Blockchain Talent for Five New Company Roles Facebook has listed five new blockchain-related jobs on its careers page within the past three weeks, two of which were first listed Dec. 5 and 6. The positions currently open for applicants are two software engineer roles, a data scientist post and a data engineer — all full-time roles at the company’s…

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Indian Government Panel Suggests Crypto Dealings Should Be Illegal, Local Sources Say

Indian Government Panel Suggests Crypto Dealings Should Be Illegal, Local Sources Say An Indian government panel has reportedly suggested a new legal framework within the Reserve Bank of India (RBI) that completely bans cryptocurrencies in the country. English-language Indian media outlet CNBC TV18 reported on the framework on Dec. 6. The article cites an unnamed source as noting that “the panel…

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South Korea’s Second Largest Bank Begins Blockchain Record-Keeping to Reduce Human Error

South Korea’s Second Largest Bank Begins Blockchain Record-Keeping to Reduce Human Error South Korea’s second-largest commercial bank, Shinhan Bank, has embarked on a project to implement blockchain in internal processes to decrease human error. The initiative was reported by English-language daily news outlet The Korea Times on Dec. 10. Shinhan, which has sought integration with both the blockchain and cryptocurrency spheres over the…

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Australia: National Transport Insurance Partners on Blockchain for Food Safety Trial

Australia: National Transport Insurance Partners on Blockchain for Food Safety Trial Australia’s National Transport Insurance (NTI) has announced it will trial a blockchain system to improve supply chain integrity for beef exports abroad. The trial was reported by local transport industry magazine Fully Loaded ATN on Dec. 10. NTI will reportedly be partnering with BeefLedger, an Australian “integrated provenance, blockchain…

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