Day: July 22, 2020

Korea’s Blockchain Project BOSAGORA (BOA) Wins United Nations Solidarity Award For COVID-19 Contributions – Blockchain News, Opinion, TV and Jobs

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Public Blockchain Platform BOSAGORA recently received a ‘United Nations Solidarity Award’ recently for their voluntary work in battling COVID-19. President Inhwan Kim of BOSAGORA stated: “I am delighted to create an example of blockchain contributing to society just along with IBM Blockchain. Technology should benefit human and further resolved that he would make the technology of BOSAGORA to be used for society.” ~ Advertisement ~ BOSAGORA’s contribution was ‘Project Care’.  BOSAGORA and community members were revealed to the fact that medical staffs fighting in the front line of COVID 19…

IOST and ProDeFi Mark the Next Stage in the Decentralized Finance Space with a New Collaboration

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Photo: IOST  IOST –  the leading ultra-fast, decentralized blockchain network based on the next-generation consensus algorithm “Proof of Believability” (PoB) and ProDeFi –  a decentralized financial network – are coming together in a collaboration that will see both platforms benefit from expanded technical support and resources. The combination of IOST – a global top 100 token listed on Binance with ProDeFi’s hybrid financing solutions is one that will add another layer to the decentralized global economy. IOST and ProDeFi have features and aspects that complement each other, and this partnership…

South Africa’s VALR Raises $3.4 Million To Expand Crypto Adoption in Africa – Blockchain News, Opinion, TV and Jobs

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South Africa’s largest bitcoin exchange by trading volume VALR has raised R57-million ($3.4-million USD) to advance the adoption of cryptocurrencies in Africa. “I am very grateful that despite the challenging global COVID-19 pandemic that has adversely affected many businesses around the world, VALR has been able to grow at a phenomenal pace and we’ve been able to raise funds and partner with a set of world-class investors, adding to our already distinguished group of shareholders.” The Series A equity round of funding was led by 100x Ventures, the investment arm of…

South Korea’s Largest Blockchain Project ICON Connects Cross-Chain Data Oracle Band Protocol – Blockchain News, Opinion, TV and Jobs

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Band Protocol, a Sequoia-backed, cross-chain data oracle platform, has integrated with a blockchain network ICON to form South Korea’s largest Blockchain Project to date. The merger highlights the expansion of real-world applications for secure and scalable data oracles. “We are excited to be integrating with ICON and expanding the use of data oracles in South Korea where the blockchain industry is very developed and welcomed by authorities,” said Soravis Srinawakoon, CEO & Co-founder of Band Protocol. ~ Advertisement ~ The two will work together to support ICON’s network of Decentralized Applications…

Gibraltar Financial Services Commission Grants DLT Licence to Currency.com  – Blockchain News, Opinion, TV and Jobs

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Regulated crypto assets platform Currency.com has been awarded a full Distributed Ledger Technology (DLT) licence that will allow Currency.com to utilise DLT to store and transfer crypto assets by the Gibraltar Financial Services Commission (GFSC). “Gibraltar has been working on financial regulation in this area for many years and has a strict application process for crypto companies. Our Gibraltar licence is an important endorsement for the platform and further confirms our adherence to the most stringent standards, providing the highest level of safety and security for our traders,” said Jonathan…

Bitcoin Targets $1T in Settlement in 2020 — Stablecoin Growth Explodes

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Cryptocurrency public blockchains will settle more in 2020 than ever before and have already topped $1.3 trillion, data shows. Compiled by analytics firm Messari on July 21, the figures reveal that Bitcoin (BTC) has settled $712 billion so far this year, while Ether (ETH) is on $147 billion. Messari: Blockchains have not “failed” as payment systems The Ethereum network, which supports stablecoins including market cap leader Tether (USDT), has added another $423 billion to the total. Growth in combined stablecoin transaction value is conspicuous, with the first seven months of…

Ethereum Saw Key Technical Breakout And Rally Could Gain Pace Above $250

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Ethereum gained bullish momentum above the $240 resistance against the US Dollar. ETH price is currently correcting gains, but it is likely to resume its upside above $245. Ethereum settled above the $235 resistance and it climbed above the $242 resistance. The price traded as high as $247 and it is currently correcting lower. There was a break below a short-term bullish trend line with support near $245 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise as long as it is above…

BRD Boss Recalls Operating Bitcoin Help Line During Crypto’s Early Days

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In an interview with Cryptox, Adam Traidman, the CEO of wallet provider BRD, recounted operating a phone support line for cryptocurrency users during the company’s infancy. After starting BRD, formerly Breadwallet, in 2015, Traidman recalls the firm’s CMO deciding to launch the “Bitcoin Therapy Hotline” without consulting the firm’s other executives. Traidman initially thought the idea was crazy, stating, “Back then, other big Bitcoin companies like Coinbase and whatnot didn’t have phone support, and their average email response times were days or weeks. And there we were, without any phone…

Ripple (XRP) Could Rally Significantly And Only 1 Thing is Holding it Back

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Ripple is trading nicely above the $0.1950 support zone against the US Dollar. XRP price is likely to start a strong rally (similar to bitcoin) if it clears the $0.2000 resistance. Ripple price is trading well above the $0.1900 and $0.1920 support levels against the US dollar. The price is currently stuck near the $0.2000 resistance zone. There is a significant bullish flag forming with resistance near $0.1995 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair is likely to start a strong rally if…

Here’s How to Check If a Bitcoin Address Is a Scam

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With the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also easily report any bitcoin address associated with a scam. Check the ‘Bitcoin Abuse’ Database The number of bitcoin scams has been rapidly rising. Many of them ask people to send bitcoin to the addresses they provide, such as bitcoin giveaway scams that promise to double the amount of bitcoin you send. The great…