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Cardano Now the Biggest Proof-of-Stake Network as ADA Flips Polkadot (DOT) to Become 7th Top Crypto
astar

Cardano Now the Biggest Proof-of-Stake Network as ADA Flips Polkadot (DOT) to Become 7th Top Crypto

The total amount staked on Cardano (ADA) has officially surpassed that on Polkadot (DOT), making Cardano the largest proof-of-stake network as of now.

IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen
astar

IOTA Foundation Releases Testnet of Fully Decentralized Network Pollen

The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the launch of its testnet of a fully decentralized network, Pollen.

PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens
astar

PAID Network DeFi Platform Attacked as Hacker Gains $3 Million Of ETH After Minting $166 Million Of Tokens

PAID token crashed by over 75% instantly after the popular PAID Network DeFi protocol experienced a massive hack.

Canadian Dollar Payments on Blockstream’s Liquid Network Boosting Bitcoin Adoption Powered by Bull Bitcoin
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Canadian Dollar Payments on Blockstream’s Liquid Network Boosting Bitcoin Adoption Powered by Bull Bitcoin

Montreal-based Bitcoin exchange Bull Bitcoin, released Liquid Canadian dollars (L-CAD) using Blockstream’s Liquid Network, taking the Bitcoin standard to Canada. Blockchain’s Liquid sidechain is used for settling Bitcoin transactions.

MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report
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MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report

The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support
astar

Ahead of The Ripple (XRP) SEC Court Date, Flare Network Declares its Support

The Flare Network has stated that it is not associated with Ripple, but believes XRP is a virtual currency and not a security despite the United States SEC alllegations.

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit
astar

TON Developers Threaten to Go Rogue and Launch Network as Telegram Battles SEC Lawsuit

While the US Securities and Exchange Commission (SEC) may have temporarily succeeded in stopping the launch of Telegram’s TON network, can they really stop open-source technology?

Elliptic to Provide AML Services to Zilliqa’s Blockchain Network
astar

Elliptic to Provide AML Services to Zilliqa’s Blockchain Network

Elliptic, a London-based blockchain analytics startup, has partnered with Zilliqa, a Singapore-based blockchain network provider, to propel the infrastructure compliance and security of the latter’s network by offering an anti-money laundering (AML) compliance support.

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network
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Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda
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DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.

United States Financial Regulators Sign Onto the Global Financial Innovation Network
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United States Financial Regulators Sign Onto the Global Financial Innovation Network

In a joint report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN).

Calibra Head David Marcus Declares Libra as the Most Secure Payment Network
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Calibra Head David Marcus Declares Libra as the Most Secure Payment Network

David Marcus, Head of Calibra, the digital wallet for Facebook’s Libra stablecoin explained at Money 20/20 conference in Las Vegas about how the network aims to transform the traditional payments industry.

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