Ethereum 

Binance Unknowingly Earns Staking Rewards of Stellar, Adds Support

Major cryptocurrency exchange Binance has earned staking rewards on Stellar (XLM) following a change of some parameters on cold and hot wallets. In a blog post published on July 18, Binance said that it unknowingly earned staking rewards of 9,500,000 XLM ($775,000 at press time) in extra XLM tokens in the wake of specific parameter changes on cold and hot wallets made a year ago. The exchange subsequently decided both to immediately add staking support for XLM and to share the gained XLM rewards with the entire community. The post…

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Blockchain 

R3 to Support a Startup-Focused Stock Exchange in Brazil

Blockchain consortium R3 has partnered with Brazilian fintech company Banco Maré to launch a stock exchange for investing in technology firms. Banco Maré, a blockchain-powered digital bank focused on financial inclusion, intends to build a tokenized stock exchange offering investments in technology companies with “social impact,” Cointelegraph Brazil reports July 16. The new R3 technology-backed platform, provisionally named BVM12, will purportedly open a new funding source for technology startups, as well as enable individual investors to generate dividends from investments in new technologies, the report notes. Rio de Janeiro-based Banco…

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Blockchain 

Bitcoin Price Clings to $10K Support After a Volatile Weekend

Bitcoin price (BTC) traded above $10,000 July 15 after a weekend of heavy losses spelled disaster for cryptocurrencies across the board. Market visualization courtesy of Coin360 Data from Coin360 showed BTC/USD holding onto support above the key barrier Monday, having temporarily dropped as low as $9,912.  The 9.7% daily losses compounded a worrying weekly trend which saw the pair fall rapidly from above $13,000. Bitcoin 7-day price chart. Source: Coin360 Driving the bearish sentiment, analysts broadly claimed, was a mixture of criticism by United States president Donald Trump and overall…

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Ethereum 

Fidelity, Deloitte, and Amazon Now Support Workshops for DLT Startups

Major global firms Fidelity, Deloitte and Amazon, have begun supporting a new blockchain accelerator program called Startup Studio, according to a press release on July 11. The companies are backing the program along with 20 other firms, including Ethereum Foundation and ETH Global, Stellar Foundation, crypto analytics firm Messari, and Coinbase-backed NEAR Protocol, among the others. The new blockchain accelerator is an initiative of IDEO CoLab Ventures, the venture capital division of United States-based design consultancy firm IDEO. Supported by Fidelity, Deloitte and Amazon, as well as major crypto industry…

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Ethereum 

BlockStream’s Green Wallet Announced Support for its LiquidNetword

Blockchain software development BlockStream announced that its mobile wallet, Green Wallet, now supports the firm’s Liquid Network sidechain in a blog post published on July 5. Per the announcement, users of the wallet can now store, send and receive Liquid Bitcoin (L-BTC) and Issued Assets on the Liquid sidechain. The Liquid Network project, first discussed in 2015 and launched in October 2018, aims to allow for faster transactions with Bitcoin (BTC) between businesses and individuals with the use of its features. Bitcoin transactions on to the sidechain, where it moves…

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Ethereum 

Electrum Will Support Bitcoin Lightning Network, Wallet’s Creator Reveals

Bitcoin (BTC) wallet Electrum will soon host support for the Lightning Network (LN), Russian cryptocurrency news outlet Forklog reported on Telegram July 5. In a social media update, the publication said founder Thomas Voegtlin had revealed the upcoming release at the ongoing BIP001 conference in Odessa, Ukraine.  Electrum, one of the oldest bitcoin wallets on the market since 2011, said LN functionality would come as part of an impending major upgrade. The most recent version of the wallet came earlier this week. Electrum will be one of the first major…

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Blockchain 

Bitcoin Price Tests $11,000 Support After Failing to Make Higher Highs

Bitcoin (BTC) was challenging $11,000 support July 5 after a slight downturn made it temporarily lose ground. Market visualization courtesy of Coin360 Data from Coin360 showed BTC/USD above $11,155 but still nursing 4.2% daily losses. The pair had climbed to over $12,000 on Wednesday, subsequently hovering at $11,700 before momentum waned. Friday’s low came in at $10,700.  The behavior continues a trend of volatility which has seen bitcoin fluctuate between $9,700 and $13,800 over the past ten days alone.  Keep track of top crypto markets in real-time here. Bitcoin 7-day…

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Blockchain 

Binance Charity Announces Alliance to Support Feminine Health

The Binance Charity Foundation (BCF) has announced a new initiative for improving feminine health. BCF, which is the philanthropic arm of cryptocurrency exchange Binance, announced an alliance of 47 organizations to make a token geared towards women’s health in a blog post on July 3. 46 organizations, including industry players such as Ripple, smart contract security firm Quantstamp, and digital assets venture company Blockseed Ventures, have joined BCF to promote the “Pink Care Token” (PCAT) geared to help improving feminine health in developing countries. PCAT is a redemption-only token issued…

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Ethereum 

Coinbase Pro Announces Support for Chainlink Token

Major cryptocurrency exchange Coinbase Pro has added support for Chainlink, according to a blog post on June 26. Coinbase has listed two trading pairs for the token of smart contract platform Chainlink (LINK) on its professional trading platform. LINK will be available to trade with the U.S. dollar (LINK/USD) and with ether (ETH) (LINK/ETH). The post says that the token will be available in all its covered jurisdictions except for the state of New York.  According to the announcement, Coinbase Pro will roll out options for LINK in four steps.…

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Blockchain 

Former Trump Economic Adviser Expresses Support For Facebook’s Libra

A former economic adviser to United States President Donald Trump has expressed support for Facebook’s stablecoin Libra, Yahoo Finance reported on June 24. In an interview with Yahoo Finance, conservative economist and fellow at The Heritage Foundation Stephen Moore said that he thinks “on balance it is a good thing [Libra].” Moore stated: “It’s interesting, because this [Libra] represents a new challenge for central bankers that they now have competition from private currencies. Ethereum co-founder Joseph Lubin, by contrast, said that Facebook’s Libra token is like “a centralized wolf in…

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