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Crypto Roundup: October 19th, 2020

Bitcoin has shown resilience over the past week, holding firm above the newly conquered $11k level as cryptocurrency exchange OKEx suspends withdrawals, sending a tremor through the market. Despite falling three percent as the news hit, Bitcoin…
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eToro to provide staking rewards for Cardano (ADA) and TRON (TRX)

eToro, the multi-asset platform with over 14 million registered users globally, today announced that it is launching its new staking service. eToro’s staking service will initially be for Cardano (ADA) and TRON (TRX). Cardano staking is a…
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eToro Launches GoodDollar and Leverages Yield Farming and Staking to Begin Delivering a Sustainable Global Basic Income

Multi-asset investment platform, eToro, is excited to announce that it has launched GoodDollar: a non-profit initiative that leverages decentralized finance to offer a protocol for distributed basic income. First proposed at Web Summit 2018,…
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Dow Futures Jump on Trade War Deja Vu, Bitcoin Price Crashes to $3,670

The US stock market is primed to jump higher on Monday after increased optimism over the state of the US-China trade negotiations caused Dow futures to leap nearly 100 points. The bitcoin price, however, continues to bleed lower in the wake…
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Bitcoin Hits $4K for the Fourth Time in 2019, Stocks Jump Amid US–China Trade Talks

Feb. 22 — following some red signals yesterday, crypto markets have continued to rise, with all top 20 coins up today, according to CoinMarketCap. Market visualization from Coin360 Bitcoin (BTC), the biggest cryptocurrency accounting for…
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Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial

Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release confirmed the PoC completion on…
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StanChart’s Singapore Unit Completes First Blockchain-Powered Trade Finance Deal

The Singapore unit of London-headquartered multinational banking and financial services firm Standard Chartered has completed its first blockchain-powered trade finance deal. The news was reported by Singapore’s English-language financial…
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The First Live Enterprise Blockchain Sets Sights on Every Area of Global Trade

In a space infamous for promising radical transformation but delivering mostly prototypes so far, Roberto Mancone, we.trade’s chief operating officer, has a record of making good on his pledges. Early last year, he promised the trade finance…
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Blockchain Platform Skuchain Brings Smart Contracts to Trade Finance in Canada

Canadian IT giant CGI has announced a pilot program in partnership with the National Bank of Canada and Skuchain, a supply chain financial solution powered by distributed ledger technology. The project will aim to improve and streamline the…