Category Archives: News

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Iran Spent $ 2.5 Billion to Acquire Cryptocurrencies

Iran began the process of accession in the crypto sector. According to the Chairman of the Economic Committee of the Parliament, the country spent over $ 2.5 billion to purchase cryptocurrencies. The announcement came immediately after the central financial institution in Iran banned local banks

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Blockchain technology makes the stock market more secure and efficient

The traditional market system faces a lot of challenges which can be overcome by changing the stock market with blockchain and hence help the financial sector perform more efficiently. The key to raise money is investing funds in a stock market. According to the Stock Market

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Alibaba Leads List of Top Companies Diving into Blockchain

Naysayers like Warren Buffet appear to surface occasionally, hoping to thump the universe of cryptocurrency and blockchain down a peg and make the emerging technology seem like a fringe outcast and temporary fad that the mainstream wouldn’t go near. JPMorgan Chase just applied for a

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Facebook Creates Blockchain Team

Facebook has reported it is making another new team dedicated to exploring how the social media giant can use blockchain technology. Facebook is likewise fabricating another group committed to blockchain innovation. David Marcus, the official responsible for Facebook’s standalone messaging app, Messenger, is leaving that

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CoinMarketCap removes Bitcoin.com from Bitcoin Core’s profile page

  The original cryptocurrency Bitcoin Core’s official website is Bitcoin.org while the forked version holds the BitcoinCash.org site. Meanwhile, Bitcoin.com is a site for cryptocurrency news which has founders of directors sitting on the Bitcoin Cash side of the advocacy fence. CoinMarketCap, one of the leading price-tracking websites for cryptocurrencies, has

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Ethereum Takes Over Bitcoin

A curious phenomenon continues for Ethereum (ETH), indicating an unexpected sort of “flipping” and a challenge to Bitcoin’s position. For months, the share of Ethereum trading took up less than 10% of all market deals, while Bitcoin trades accounted for more than 36% of the

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Oracle Company To Offer Blockchain Products

Oracle, the world’s second-largest software company is launching blockchain products over the next two months, Bloomberg reports May 7. President of software development Thomas Kurian announced today at Oracle headquarters that the company will unveil a platform-as-a-service product this month, and decentralized ledger-based applications next

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Bermuda Becoming Blockchain Hub

The European island of Malta is becoming a cryptocurrency and blockchain hub. Now, another island – in another part of the world – is making an effort to emerge as a centre for FinTech Innovation. The government of Bermuda is pushing to distributed ledger technology