News and Articles by Diana


Saudi Aramco

Oil giant company invests into blockchain trading platform

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The venture capital department of Saudi Aramco, the world's largest and most successful oil corporation, has invested $ 5 million in the Vakt blockchain platform. According to information on the Vakt website, the oil corporation has become one of 12 platform investors. Vakt plans to direct the...

OneCoin

Crypto Ponzi OneCoin used fake reviews for image improvement

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Research by the Atlantic Forensic Digital Forensic Science Laboratory (DFRLab) of the Atlantic Council Analytical Center shows that the infamous Ponzi cryptocurrency scheme OneCoin used fake reviews on TrustPilot and Quora to attract investors. According to a report released on January 29, OneCoin...

Founder of Square

Bitcoin’s price increased after Jack Dorsey’s announcement

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CEO of Twitter Jack Dorsey has always talked about Bitcoin as a future of currencies. In a statement made in 2018, he has even mentioned that Bitcoin will become the world's single currency. Still, he understands that there are some improvements in the leading cryptocurrency system that need to be...

Tether's gold-backed stablecoin

Tether launches a new gold-backed stablecoin

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Tether proclaimed the launch of a new stablecoin backed from gold, which, as the company mentioned: "grants the right to own about 31 gram of pure material gold in certain gold bullion." A stablecoin with the XAU₮ will be released on the Ethereum and TRON blockchains. Gold, which is...

Ripple's CEO

Ripple CEO hints at IPO during the WEF

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At the WEF in Davos, Ripple CEO Brad Garlinghouse called the initial public offering (IPO) the company's “natural evolution.” So, he said that in the next year, in the cryptocurrency and blockchain industry, it will be possible to observe an IPO boom and did not exclude its Ripple. “We are...

Winklevoss twins

Gemini completes 2nd level of cybersecurity compliance exam

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Gemini Exchange proclaimed the successful fulfillment of a detached audit of SOC Type 2 security control systems. The audit was administered by Deloitte from the Big Four global checking firms. Tyler Winklevoss emphasized that Gemini was preeminent in the crypto space to pass the SOC 2 Type 2 exam...

Security token

What is security token?

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Advanced people in the crypto environment surely have heard and know what security token is. But for newbies, it is often very tricky to get acquainted with so many terms and new concepts. We are here to make everything clear for the ones, who are making their first steps into the crypto universe....

Jack Dorsey's Square

Square Inc. got patent for Fiat-to-Crypto payments network

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Jack Dorsey's Square Inc. received an American patent on payment network technology for direct crypto-fiat transactions on Tuesday. According to a report from the US Patent and Trademark Office, the payment network allows users with assets of various types to conduct transactions between...

Petro coin

Venezuelans selling Petro on LocalBitcoins at half price

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Venezuelans, who got state crypto coins as a result of free distribution, now trade it on LocalBitcoins for half the official rate. The authorities of Venezuela lately carried a free distribution of Petro coins, as a result of which each citizen received 0.5 Petro. The authorities insist that the...

Binance P2P platform

P2P merchant program of Binance goes live

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Binance's P2P Merchant program is live now. The platform is used for fiat-crypto speculation and is user-oriented. On January 21, Changpeng Zhao mentioned that, in the preceding quarter, the negotiating volume on the platform has drastically increased, and the global society is looking for more...

Vodafone left Libra

Vodafone left Facebook-founded Libra Association

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British telecom Vodafone has become the eight corporation to quit the Libra Association. Both Libra Association and Vodafone affirmed the news on 21 Jan. Vodafone plans to give support earlier proposed for Libra to its well-organized and thriving digital payment service M-Pesa, which the...

Chinese blockchain investments

In 2019 China’s total investments in blockchain dropped 40%

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The newest investigation shows blockchain spending in spheres of investment and funding ventures has lost the upper 40% in China during the last year. China had 245 funding and investment ventures in 2019 altogether, which is almost 60% less than in 2018. China's government held a study with...

Nicholas Maduro

Maduro announces crypto casino to relief Petro

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President of Venezuela Maduro proclaimed the founding of a new crypto casino in a beaten country where betting rooms have all but gone dead. Maduro said that a new casino is going to be in Ávila National Park’s Hotel Humboldt. The new casino is going to work on Venezuela's national crypto coin...

Telegram Open Network

Amid legal controversy, TON explorers are already available

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Operating blockchain explorers are ready for TON's testnet, notwithstanding the SEC's lawsuit that made Telegram delay the mainnet start. Blockchair declared the construction of a user-oriented option to Telegram's version. Telegram Open Network gathered over $1.7B in a private ICO in 2018. It...

Craig Wright

It’s official: Craig Wright doesn’t have the private keys

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Lawyer of Craig Wright affirmed that his ward doesn't hold - nor even declare to hold - the private keys that can be applied to transfer $8 billion BTC that Satoshi mined in early times of the leading crypto. On Tuesday, Wright registered a statement affirming that he had acquired data to open...

Seba crypto bank

Swiss-based Seba digital asset bank plans $95M capital raise

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A young Swiss-regulated crypto bank Seba, which is carrying administrative licensing, plans to try a secondary funds raise to collect upper $95 million in extra reserves. Seba intends to obtain $96.5 million from new investors during the second round. After FINMA established the equipment to...

Pavel Durov

Pavel Durov was interrogated in Dubai for two days

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It was supposed that Pavel Durov is going to be interrogated in Dubai on January 7 and 8, and it actually happened. The transcript of the interrogation follows from the document in which Durov explains to the lawyers of the US Securities and Exchange Commission (SEC) how much money he spent on...

Russia's prime minister

Russia’s new prime minister about the digital economy

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Russia has appointed a new Prime Minister - Mikhail Mishustin. The former head of the Federal Tax Service of the Russian Federation (FTS) repeatedly spoke out about cryptocurrencies and blockchain. Back in 2016, Mishustin gave an interview to the Russian information television channel RT, in which...

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