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Temasek’s Vertex to Expand in Singapore, Invests in Crypto Exchange Binance

Temasek’s Vertex to Expand in Singapore, Invests in Crypto Exchange Binance

The wealth reserve of the legislature of Singapore has monetarily sponsored the world’s biggest cryptographic money trade, Binance, flagging a developing connection between the nation and the digital currency network. This organization means to build up a fiat-to-crypto trade in the city-state. Vertex Ventures, the funding arm of Temasek Holdings, said it made an interest...

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Waltonchain No 1 Technology Provider to Support One Belt, One Road

Waltonchain No 1 Technology Provider to Support One Belt, One Road

China is launching the largest infrastructure project in history, called One Belt, One Road (OBOR). This $1 trillion initiative will create infrastructure connecting 60+ countries spanning all of Eurasia (Asia, Africa, and Western Europe). This project effectively extends trade routes by land and sea that connect 65% of the world’s population, about 1/3 of the world’s...

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What China’s Cashless Revolution Can Teach the West About Crypto

What China’s Cashless Revolution Can Teach the West About Crypto

Cash appears to be disappearing from China’s teeming cities. Foreign tourists talk of struggling to buy things because they don’t have Alipay or WeChat Pay installed on their smartphones and because merchants no longer bother to accept the banknotes they get from ATMs. These stories elicit fascination among Americans, but not much more. Here in the U.S., many can’t...

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World’s Largest Crypto Exchange Binance Looks to Add New Stablecoins

World’s Largest Crypto Exchange Binance Looks to Add New Stablecoins

Binance, the world’s largest cryptocurrency exchange by adjusted volume, is actively looking to list more stablecoins in addition to the three it already supports, which include the recently beleaguered tether (USDT). “We hope to be able to list a few more stablecoins on our platform,” chief financial officer Wei Zhou told CoinDesk Thursday. But that does not...

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Qtum Blockchain Becomes Amazon Web Services Partner in China

Qtum Blockchain Becomes Amazon Web Services Partner in China

Amazon Web Services’ (AWS) China division is partnering with public blockchain project Qtum. The partnership sees the on-demand cloud computing giant working with a cryptocurrency project with a $325 million market capitalization, making it the 29th largest cryptocurrency, to develop blockchain-as-a-service (BaaS) solutions for enterprises and developers. Revealed exclusively to CoinDesk, the partnership will allow AWS users...

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Bitmain is Suffering from the 27.6% US Tariffs on Their Antminer S9

Bitmain is Suffering from the 27.6% US Tariffs on Their Antminer S9

As the 2018 China-United States trade war has entered a red-hot stage, the Chinese cryptocurrency mining giant Bitmain is facing new tariffs of its overseas markets since August 23. According to the South China Morning Post, Bitmain would become the most exposed among Chinese mining hardware manufacturer to US barriers. Other mining giants that have...

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Binance Pauses Tether Withdrawals After Denying Delist Rumor

Binance Pauses Tether Withdrawals After Denying Delist Rumor

Crypto exchange Binance, the world’s largest by volume, suspended withdrawals of the tether (USDT) stablecoin Monday morning during what it called a period of heightened activity. Withdrawal functionality has since been returned, according to Binance’s website, which previously stated “wallet maintenance, withdrawal suspended” on the page for USDT. A customer service administrator on the platform’s English-language Telegram...

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Unconfirmed: TRON to Partner with ‘China’s Google,’ Baidu

Unconfirmed: TRON to Partner with ‘China’s Google,’ Baidu

The team of cryptocurrency project TRON (TRX) has reportedly partnered with China‘s largest Internet search provider Baidu. Crypto market news service Coinness has claimed this in a tweet Thursday, Oct. 11, citing its private correspondence with TRON’s team. Neither TRON nor Baidu have been able to confirm the partnership to Cointelegraph as of press time. Without specifying the details of the...

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Bitcoin Network Comes To A Standstill In China

Bitcoin Network Comes To A Standstill In China

Ben Kaiser from one of the most impressive universities in America, Princeton University and Alex Ledger from Florida International University have written a paper together on what China is impacting Bitcoin. Standstill. The paper, titled ‘The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin’ describes all the multiple different ways that China...

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China Establishes Blockchain Test Zone in Hainan Free Trade Zone

China Establishes Blockchain Test Zone in Hainan Free Trade Zone

China has launched a “Blockchain Test Zone” section in its recently-established Free Trade Zone on Hainan island. The project already involves a number of big-name companies and institutions including Oxford University, the People’s University of China, and the Ministry of Industry and Information Technology. It’s another step towards China’s goal to become a world leader...

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