In a new episode of 415 stories, legendary investor and tech venture capitalist Tim Draper says he expects Bitcoin and various protocols leveraging decentralization to transform multiple industries – not just finance. The paradigm shift will be comparable to how the internet revolutionized communications, shaped e-commerce and…
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A strategic move that will increase DAI's liquidity by facilitating its return to the stability of one dollar The post Liquidity needed: Covid19 brings USDC to MakerDAO protocol appeared first on The Cryptonomist.
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Last week was undeniably one of bitcoin’s worst week characterized by a brutal sell-off and flash crashes as investors grappled with the coronavirus pandemic that has rocked the whole world. With so many countries now in lockdown, world leaders and central banks have made stopping further spread…
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Floridian Blockchain Startup — iBBT — Raises $238K in 2 MonthsClearwater, March​ 2020, Founded on Oct. 10 of 2019, by 2 Greek American fintech entrepreneurs, iBBT began as a core solution for trading fractional assets from company equity in an alternative trade platform (ATP), but it has grown to include, smart identity…
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The Riksbank, which is Sweden’s central bank, has recently announced a pilot launching of e-krona, that is designed to replace the cash. Sweden is already heading towards the complete elimination of real money, as most of its citizens use a mobile application called Swish. It is anticipated…
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Sweden is seeking to amend current laws in a bid to host the Bank for International Settlements innovation hub for digital currencies
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The ongoing mass selloff in cryptocurrency markets might have seen prices drop lower than many folks could have imagined, but that doesn’t mean interest in Bitcoin has completely dried up. According to Google Trends data, Bitcoin-related search queries actually jumped last week. Even prior to the very…
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Listen now (12 min) | This installment of Off The Chain is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 40,000 other investors today. To investors, The main focus for many people…
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Clearly Bitcoin didn’t hold up particularly well during the recent coronavirus-prompted selloff. But a look at how safe-haven assets perform historically hints that the cryptocurrency may enjoy a strong rebound as the dust begins to settle. Following the 2008 financial crisis, for example, gold spent the next…
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After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current…
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