North Korea to Host Another Blockchain and Cryptocurrency Conference

In a bid to showcase some of its technological advancement and show its support for the blockchain technology, North Korea has announced plans to hold a blockchain and cryptocurrency conference. This comes on the heels of a similar conference held in August. The country announced that plans are already in the works for them to

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Ripple(XRP) Finally Suffers Major Price Drop as Crypto Market Wipes Out $12B

The intense downtrend of the crypto market is finally having a toll on the best performing digital asset of the month. Ripple (XRP), now the second most valuable cryptocurrency in the market, is no longer up in value on a monthly basis. Throughout the past 30 days, XRP has maintained the $0.5 level relatively well … Continued

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Korea’s Biggest Power Utility is Developing a Microgrid on a Blockchain

Korea Electric Power Corporation (KEPCO), South Korea’s largest power utility company has announced that it is pursuing a plan to develop a blockchain-based microgrid dubbed the ‘Future Micro Grid’. Revealing the information in an announcement posted on its website on November 18, KEPCO President and CEO Kim Jong-gap stated that the proposed ‘KEPCO Open MG’ framework

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Bitcoin Cash Price Sets New Yearly Lows as Crypto Exchanges Resume BCH Trading

It has been five days since the Bitcoin Cash fork began and crippled the stability of the BCH ecosystem, and the worst part is that it is not looking to recover anytime soon. The BCH/USD pair on Tuesday dropped another 40 percent — on paper, anyway (most exchanges paused BCH trading ahead of the fork

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Stablecoin Wars: Crypto Merchant Service BitPay Lists Paxos Standard

BitPay today expanded its stable of stablecoin offerings for merchant settlement to include the new Paxos Standard, the most heavily traded of the recently-launched group of “regulated stablecoins.” As CCN reported in October, BitPay has already added support for Circle’s USD Coin and Gemini’s GUSD. It has apparently decided not to support USDT — or

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Crypto Exchanges Begin to Disregard Bitcoin Cash SV After Block Reorg

Bitcoin Cash SV, the hard forked chain of Bitcoin Cash created by a camp composed of CoinGeek, Calvin Ayre, and Craig Steven Wright, suffered a block reorganization. However, as reported by Bitcoin Unlimited chief scientist Peter Rizun, CoinGeek allegedly reorganized its own blocks. Emin Gun Sirer, a professor at the prestigious Cornell University, stated that

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Binance Invests $3 Million in US Crypto Trading Desk

Big news came from Binance this week, as their venture wing announced a significant investment in US over-the-counter (OTC) crypto trading desk Koi Trading. Binance and Koi Trading In a press release yesterday, Binance Labs revealed that it had made a $3 million investment into Koi Trading, a small sum for the world’s largest cryptocurrency exchange, but a notable … Continued

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Crypto Market Crash Takes Pressure off Us: UK Regulators

Britain’s financial regulatory body has had some pressure taken off its shoulders as the downturn in the value of bitcoin and other digital assets signaled a reduction in the threat cryptos could pose to the British financial system, per a Reuters report. Last year, the world witnessed a crypto explosion, as digital assets like bitcoin

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Microsoft Knocks out IBM for Enterprise Blockchain Crown: Report

Microsoft’s Blockchain-as-a-Service (Baas) platform has taken the top spot in a ranking compiled by market foresight advisory firm ABI Research. Per the report , Microsoft managed to beat competitors in the ranking owing to the advantage it has on the actual implementation front where a wide range of platform services are offered. It also helped

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