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Global Currency Organization Launches New USD Stablecoin USDD

Global Currency Organization Launches New USD Stablecoin USDD

The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.

Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer

Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer

Ireland’s Criminal Assets Bureau (CAB) has been given the go-ahead by the high court to seize Bitcoin valued at €52 million, approximately $56 million USD, from a forty-nine-year-old drug dealer.

Over $3 Trillion USD Subscribed, Largest IPO Ant Group Blowout is Ready

Over $3 Trillion USD Subscribed, Largest IPO Ant Group Blowout is Ready

On Oct. 30, Ant Group and China's Shanghai Stock Exchange announced that the subscription amount for Ant Group's IPO now exceeds 19.05 trillion RMB ($3 trillion US dollars).

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins

Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.

Blockchain-Based Invoices Reached $1 Billion USD in China with 10 Million Invoices

Blockchain-Based Invoices Reached $1 Billion USD in China with 10 Million Invoices

Shenzhen’s pilot blockchain technology invoice system has reached a new milestone. The program known as ‘fapiao’ which allows the Chinese government to track purchases and prevent tax evasion, has just issued its 10 millionth invoice.

NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach

NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach

NiceHash is making good on its promise to repay victims of the 2017 security breach of its exchange, which saw over 4640 BTC stolen ($55,680,000 in Bitcoin at the time).

Facebook’s Calibra Aims to Create 50 New Jobs in Dublin To Scale Up Its Libra Project

Facebook’s Calibra Aims to Create 50 New Jobs in Dublin To Scale Up Its Libra Project

Social media giant Facebook is seeking to create 50 jobs for its payment subsidiary Calibra. The new hires, which are targeted to begin work at Dublin office, Ireland by the end of 2020, will be responsible for creating a wallet for sending and storing Libra. Calibra was formed in 2019 to develop a digital wallet for the Libra payment team.

Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan

Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan

According to Kraken Exchange, a leading US-based crypto exchange, Bitcoin price could shoot through the roof to $350,000 USD by 2044 if millennials were to invest more than 5% of their inherited wealth into this digital asset.

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.

Brexit issues on Supply Chain tacked using blockchain

Brexit issues on Supply Chain tacked using blockchain

Since the 1980s, Global Trade has multiplied by a factor of 3.5 but the Global Supply Chain has not kept pace. In fact, the World Trade Bank estimates that inefficiencies in Global Supply Chain are costing as much as USD 2 trillion of the overall USD 16 trillion market.

New Crypto Fraud Scheme In South Korea: What Rules Are in Place to Stop False Advertising?

New Crypto Fraud Scheme In South Korea: What Rules Are in Place to Stop False Advertising?

The Ponzi scheme disguised as a crypto platform managed to acquire over $380 million USD for the CEO and other company staff. Corner Up was promising estimated returns of up to 200% to investors for each investment made.

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