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Utilization of cryptocurrencies and blockchain in the banking sector is not an entirely new concept. Banks around the globe have either reacted positively or negatively to crypto implementation. Blockchain technology has, however, evolved from being ignored and seen in a bad light, to providing innovative solutions in the banking industry. On realizing its potential, banks are finding ways to create applications that make transactions cheaper, faster and less complicated. Falcon’s Move Just recently, Falcon, a...

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We love seeing the increasing adoption of digital currencies and blockchain into every day life. Whilst main stream usage might take a while, some industries, countries and companies are being innovative and taking the first steps to use the new technology. A Brazilian supermarket chain called Oásis Supermercados has started accepting cryptocurrency payments. It will allow shoppers to pay in Bitcoin, Bitcoin Cash, and Litecoin according to one of the managers named Douglas Andrade. The supermarket is...

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Despite aggressive predictions by financial pundits on the expected turnaround of digital coins, the cryptocurrency market hit a major road bump last month when its market capitalization fell by $42 billion. For the first time since inception, this drop landed the already crippling digital market capitalization below the $200 billion mark. At the beginning of the year, the total value of the crypto market stood at $835 billion. The Securities and Exchange Commission (SEC) recently...

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As we approach the end of 2018, we thought we would bring to you some insights into this year’s Q3 cryptocurrency markets. Dr. Prash, CEO at Caleb and Brown commented on Cryptocurrency Market Insights Q3 2018 produced by CoinJar. Read on to find out Dr. Prash’s insights. The last quarter proved wild for short-term speculative investors with BTC at $8,356 on June 30 rising to $11,709 on July 25th and tumbling to $9,284 by September 30th....

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We’re always searching the net and chatting to the movers and shakers to find you the latest news. Following are some of our picks from the feeds to keep you fully in the loop. You never have to go far for CryptoTechNews. Enjoy! 1. Microsoft Knocks out IBM for Enterprise Blockchain Crown: Report What to know why? Read more 2. Bitcoin, Ethereum and Altcoins Trend Overwhelmingly Negative Read more 3. Country Insights Deeper dive into Peru, UK, Spain...

Malaysia has joined the ‘Blockchain Regulation’ debate by setting up a National ‘Think Tank’, governed by the Malaysian Industry Government Group for High Technology (MIGHT), to develop and produce an effective blockchain strategy for the nation. World Blockchain Summit Kuala Lumpur edition will bring down technology experts, investors and thought leaders to the financial hub to help bridge the local market to the global economy.  

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Fidelity Investments is now offering alternative solutions to clients that are in cryptocurrency trading business. The Wall Street firm has set up a new company dubbed Fidelity Digital Asset Service LLC to serve as both as custodian and trader for family offices, hedge funds, and endowment funds on various exchanges. The primary purpose of this company is to provide an avenue for secure storage of digital assets. Fidelity becomes the first Wall Street company to...

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We spoke with Maria Luna, co-founder and CEO at BRAVO, Shark Tank contestant and blockchain advocate. BRAVO Technologies is revolutionising how payments and tipping are executed, however there are many more products on the horizon. Read on to find out more. “We created our Fiat version to prove our hypothesis that there was a real need for privacy in payments (while still being compliant) and we knew that the ultimate solution to achieve privacy and...

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User adoption is everything when it comes to proving the value of new technology. Ethereum co-founder Joseph Lubin and founder of the world’s largest blockchain development firm, ConsenSys, is the driving force behind the creation of three Ethereum products which are the most widely utilised across the globe, according to CCN. A very humble but remarkably successful company in ConsenSys, which boasts nearly 1000 developers, is responsible for developing the suite of products dubbed ‘TIM’....