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Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform

CLS bank, a global foreign exchange settlement giant, has announced that four banks (JPMorgan, Citibank, BNP Paribas, and Actinver) are live on its CLSNet platform, a blockchain-based payment netting service. CLSNet solution is an automated, standardized bilateral payment netting service for more than 120 currencies operating on a DLT (distributed ledger technology) platform. CLS … Continue reading Actinver, BNP Paribas, Citibank, And JPMorgan Go Live on CLS Blockchain Platform

Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades

New York-regulated stablecoin issuer, Paxos, launched its blockchain-based settlement platform, after announcing the service in late 2019. The new service enables settlement of US-listed equity trades between broker-dealers Swiss financial services firm Credit Suisse and Nomura Group-backed Instinet. The Paxos Settlement Service consists of a private, permissioned blockchain tool that allows participants to settle securities … Continue reading Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades

US CFTC Reaches Clarity on Interpretive Guidance on the Physical Delivery of Traded Cryptocurrency

The US Commodity Futures Trading Commission (CFTC) announced that the Commission has voted unanimously and has clarified the guidance on the question of the physical delivery of digital assets. This move comes as CFTC Chairman Heath P. Tarbert said, “providing clarity to market participants is one of the CFTC’s core values. Tarbert believes that new … Continue reading US CFTC Reaches Clarity on Interpretive Guidance on the Physical Delivery of Traded Cryptocurrency

WorldCoinIndex, CoinGecko, LiveCoinWatch: Who Will Become the Biggest Threat to CoinMarketCap?

Information is power as it comes in handy in decision-making. The ability to process data into insights is essential for cryptocurrency traders to make informed decisions. As a result, crypto data sites emerged and gained popularity with their ability to assist people in tracking cryptocurrencies prices and trading data in real-time. The crypto market has … Continue reading WorldCoinIndex, CoinGecko, LiveCoinWatch: Who Will Become the Biggest Threat to CoinMarketCap?

Dlive, a Controversial Blockchain-based Live Streaming Platform

What is Dlive? Dlive (Dlive.tv or Dlive TV) is one of the largest and most controversial blockchain-based live streaming platforms. Dlive is powered by the Lino blockchain, on which you can build your own value-sharing content-based economy and promises that “content creators, viewers, and all other contributors are fully and fairly incentivized.” Problems with Traditional … Continue reading Dlive, a Controversial Blockchain-based Live Streaming Platform

Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product

Ahead of Bitcoin’s much-awaited halving event on May 12, a group of miners alleged Bitmain’s latest “Antminer” deliveries were defective and led to losses for investors. Bitmain runs into trouble Arseniy Grusha, head of US-based mining firm Wattum, noted multiple issues with the February batch of purchased Antminers, as per a LinkedIn post on May … Continue reading Crypto Miners Allege Chinese Bitcoin Mining Giant Delivered "Defective" Product

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Beliani, a European online home accessory and furniture seller, has secured a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). According to the release shared with Blockchain.news, this approach will … Continue reading Bitpay Announces the First Large Online International Furniture Brand to Go Live

Dark Web Sucks in Bitcoin Payments From Viewers Paying to See Livestream Murder

Two 17-year-old Italians have been detained under the Delirium operation for instigating child pornography and live torture viewings on the dark web. One of the teens uncovered encrypted websites that would enable his counterpart and him to witness live torture of children as well as sexual abuse of the minors. The two Italians paid Bitcoin (BTC) to a dark site address in order to unlock explicit footage of children … Continue reading Dark Web Sucks in Bitcoin Payments From Viewers Paying to See Livestream Murder

Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers

Twitch is now leveraging BitPay’s digital currency processing network to facilitate Bitcoin cryptocurrency payments and has announced a special 10% crypto discount promotion. The World’s leading live-streaming platform for gamers, Twitch has announced that its subscribers who choose to pay with cryptocurrencies like Bitcoin will get a special 10% discount. The Amazon-owned premier live streaming … Continue reading Twitch Offers Bitcoin Discount to 15 million Gaming and Livestreaming Subscribers

Ethereum 2.0 Goes Live and ETH Plunges by 9%: Here’s What You Need to Know

Ethereum 2.0 Phase 0 has just launched today. Phase 0 of Ethereum 2.0, also known as the Beacon Chain will introduce a new consensus mechanism—proof of stake—to the network. Ethereum’s first step towards a massive upgrade has just gone live at 12:00 pm UTC today. The launch of ETH 2.0 went smoothly, as the required … Continue reading Ethereum 2.0 Goes Live and ETH Plunges by 9%: Here’s What You Need to Know