CRYPTO WORLD

Italian banks successfully test data reconciliation via blockchain

The Italian Banking Association (ABI) successfully processed the reconciliation data of an entire year of local banking activity on a blockchain platform.

The association announced the successful test of the Spunta Project’s system in a press release published on Oct.

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BMW, General Motors, Ford to start testing blockchain payments in cars

Five major automakers — BMW, General Motors, Ford, Renault and Honda — will start testing a blockchain car identification and payment system next month in the United States.

Automakers envision self-paying cars, digital IDs Nikkei Asian Review reported on Oct.

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Tether becomes most used cryptocurrency in world

What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70 percent of all the digital-asset world’s market value, you’re probably wrong.

While concrete figures on trading volumes are hard to come by in this often murky corner of finance, data from CoinMarketCap.com shows that the token with the highest daily and monthly trading volume is Tether, whose market capitalization is more than 30 times smaller.

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5200 tobacco shops in France now selling Bitcoin

French crypto startup Keplerk has relaunched its service to accept Bitcoin (BTC) payments in over 5,200 tobacco shops in France starting from Oct. 10.

Service first launched in January After suspending the service in less than two months after launch in January, Keplerk says that its customers will be able to buy Bitcoin from tobacconists in coupons of 50, 100 or 250 euros, France’s top news channel BFM TV reports Oct.

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Over 1000 coins dead in 8 years

A recent study has revealed how the crypto ecosystem is becoming free from a collection of coins affiliated with projects with little or no business proposition, market traction, and ready products, more commonly known as “shitcoins”.

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Australian startup to offer 20% payback on fuel purchases in tokens

Australian startup Incent plans to offer a 20% payback in its INCNT token on fuel purchases at United Petrol stations for a limited time.

Incent announced in a press release published on Sept.

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Penalty for mining BTC on nuclear research center supercomputer

An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC).

Convicted to pay $7,000 fine According to a Sept.

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BitHarp released high performance cryptocurrency mining rigs

A distinguished manufacturer of cryptocurrencies, BitHarp Group Limited www.BitHarp.com is delighted to announce the launch of two new high-performance liquid mining rigs capable of delivering excellent usage capabilities and unprecedented profit making potential.

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Telegram finally releases code for its $1.7 billion TON blockchain

Telegram’s blockchain project, TON, has entered the last preparation stage before going live.

The code for running a blockchain node was released on the test network portal late Friday.

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Binance funds 40 developers to build open-source crypto software

Malta-based crypto exchange Binance wants to spur greater research in open-source blockchain development.

To that end, the exchange unveiled Binance X on Thursday, announcing that it was funding more than 40 developers conducting research into open-source crypto software.

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94,505 bitcoin transaction

A massive 94,505 bitcoin transaction made crypto headlines as investors and investigators speculated from whence the BTC came.

The wallet, first accessed late on September 5, 2019, has been involved in only seven transactions including the massive whale move.

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Dapp data site DappRadar raises $2.33 million from Naspers

Led by Naspers, Blockchain.com Ventures, and Angel Invest Berlin, dapp data analysis and discovery tool DappRadar announced yesterday the closing of a $2.33 million seeding round. The company said it will use the funds for R&D and to add new services to its site.

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Bitcoin has been profitable for 98.66% of its history

Bitcoin holders have made easier profits than traders who buy and sell it consecutively, according to data provided by Rhythm Trader.

The prominent cryptocurrency analyst found that bitcoin has been profitable for 3,817 days out of 3,869 days of its existence.

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IBM launches blockchain for supplier networks

IBM and Chainyard have launched a blockchain network, Trust Your Supplier, designed to improve supplier qualification, validation, on-boarding and life cycle information management.

Founding participants are: Anheuser-Busch InBev, Cisco, GlaxoSmithKline, Lenovo, Nokia, Schneider Electric and Vodafone.

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IBM Files Patent for a Blockchain-Based Web Browser

A new patent application from IBM describes a blockchain-based web browser.

Published on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network.

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Exit scams swindled $3.1 billion from crypto investors in 2019

Cryptocurrency crime made good money last quarter, although less than in the first quarter of 2019.

According to an initial release of CipherTrace’s Q2 2019 Cryptocurrency Anti-Money Laundering Report to CoinDesk, aggregate crypto losses reached $4.3 billion this year.

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A leading Japanese broker to join Libra Association

A leading online brokerage company in Japan, Monex Group, wants to become a part of Facebooks’ Libra project. The broker applied to become a node operator.

Oki Matsumoto, the president of the Group, announced the decision during the company’s regular meeting devoted to the results of Q2.

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European electronics retailer to accept crypto payments via UTrust

Phone House, a European electronics retailer and telecom provider, has teamed up with UTtrust, a cryptocurrency payment solution, to offer crypto payments to its customers.

UTrust, based in Switzerland, went live earlier in 2019 when football club Benfica enlisted its services to accept cryptocurrency payments.

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200-Year-Old Passport Printing Firm Launches Hardware Crypo Wallet

An Austrian printing company that has history going back to the early 1800s has launched a cryptocurrency storage device.

The new hardware wallet comes from YOUNIQX Identity, a subsidiary of the Vienna-based Austrian State Printing House (Oesterreichische Staatsdruckerei or OeSD) – a secure printing firm which is now the country’s high-tech passport maker and provider of other secure identity solutions.

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Privacy-Focused Coin Zcash Forks Into New Blockchain Network Ycash

Privacy-focused digital currency Zcash (ZEC) has forked into a new blockchain network dubbed Ycash, whose total supply amounts to 21 million coins.

According to a tweet by the Ycash Foundation, the first block of Ycash was mined today, July 19, at 7:36:51 PM PDT.

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