It ain’t easy moving to America these days, but Smartlands is bucking border-tightening trends with its latest announcement. The UK-based project, launched in 2017 on the Stellar (XLM) network, is setting up house across the pond, following the signing of a cooperative agreement with IIP Securities.
In the software world, code names are everywhere. You’ve probably noticed that Google names Android updates after desserts (at least, until the latest one), and you might remember when Apple named OSX releases after wild cats. If you’re a Linux fan, you probably know that Debian releases are named after Toy Story characters.
Many blockchain code names follow similar patterns.
Is the BNB Token a security or a utility token? It’s a question that Binance appears keen to answer, if a recent blog post and a new hashtag, #UseBNB, are anything to go by.
In the post, Binance published an exploration of its multiple use-cases for BNB, which already number over 120 in total.
Entrenched interests stand to lose out should cryptocurrency find a foothold in consumer transactions and cross-border payments. SWIFT processed over $300bn worth of transactions daily in 2018, according to its annual review. Some seven percent of the value of remittances is smuggled away by middlemen.
Over the last few weeks, the U.S. Federal Reserve has enacted policies that will have critical repercussions for the economy. These maneuvers cast a spotlight on the role of central and private banks, and provide an opportunity to think about how decentralized technologies can restore fairness to U.S. consumers.
Ravencoin has undergone a bearish reversal after rallying to its highest trading level since late August. The RVN / USD pair has given back around ten percent of its trading value as the broader cryptocurrency market comes under pressure.
The cryptocurrency markets are seeing a small retracement today. Bitcoin continues its low-volatility trading around the $8,400-8,500 level, while altcoins are still pulling back from their previous gains.
Notable exceptions are 0x (ZRX), Algorand (ALGO) and Chainlink (LINK), which gained 3%, 10% and 5% over yesterday respectively.
All cryptos were born equal, and endowed with the inalienable right of human-readable addresses. That’s the philosophy behind Unstoppable Domains’ latest initiative: a .crypto blockchain top level domain, allowing cryptocurrencies of any consensus algorithm and token denomination to have a single address scheme.
Despite Bitwise Managing Director Matt Hougan’s sunshine optimism that the market was “closer than ever” to a Bitcoin ETF, last night the SEC announced it had rejected their application on the grounds that it had failed to show how it would “prevent fraudulent and manipulative acts and practices.”
Bitcoin’s price has increased against all expectations. In a sudden surge, the largest cryptocurrency by market cap briefly reached $8,700 yesterday, subsequently stabilizing around the $8,500 price level.
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