Facebook’s Libra sparks concerns among European financial institutions

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Following Facebook’s unveiling of its stable cryptocurrency, not only did top crypto influencers criticize the plan, but some European officials immediately called for deep scrutiny of the project, as reported by Bloomberg. It must not become a “sovereign currency” Facebook finally revealed its highly anticipated cryptocurrency, “Libra.” With Libra, the social network giant aims to…

Bitcoin Cash Development Fund Receives Massive Support

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The Bitcoin Cash community has greatly advanced its efforts to support the sustainability of the cryptocurrency with a fundraiser whose contributions are donated to developers. The campaign has already reached the 95% milestone out of an initial goal of raising 800 BCH for the development fund by Aug. 1, 2019. Also Read: Crypto Cards in…

New SLP Token Allows You to Transact in BTC But With BCH Fees

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There’s a new Simple Ledger Protocol (SLP) based token called BTC2 that’s backed 1:1 with BTC. People can obtain the BTC2 token using cryptocurrency swapping application Sideshift.ai. With BTC2, you can essentially transact with BTC, but utilize the same network fee (less than a penny) as bitcoin cash transactions. Also read: Meet the Developer Who…

An In-Depth Look at Iris, a New Decentralized Social Network

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Cryptocurrency advocates have been discussing a new social media platform designed by one of Bitcoin’s earliest developers Martti Malmi, otherwise known as Sirius. The project he designed, called Iris, is a social networking application that stores and indexes everything on the user’s devices and connects directly with peers rather than using centralized and privacy-invasive algorithms.…

Running Facebook GlobalCoin node will cost $10 million in licensing fees

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GlobalCoin, Facebook’s own cryptocurrency, will reportedly be announced this month. According to a report in The Information, the social media giant is set to provide more details about the coin and could allow its employees to take their salary in the form of the new token. Official announcement of GlobalCoin coming this month Rumors about…

IOTA launches major network upgrade Coordicide, removes centralized network coordinator

IOTA launches major network upgrade Coordicide, removes centralized network coordinator

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The IOTA Foundation announced the launch of Coordicide, a planned protocol upgrade which removes the network’s centralized coordinator. According to the press release, Coordicide aims to provide a new type of decentralized mechanism for securing data and digital assets on IOTA’s Tangle-based network. As mentioned in the release, IOTA’s Coordicide update will address three main issues…

Ethereum Foundation reveals its development plans for the next year

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The Ethereum Foundation announced the achievements made over the last year and how it plans to allocate its resources over the next 12 months. Changes from the Ethereum Foundation The Ethereum Foundation has redefined its strategy to do what is best for the ecosystem focusing on where the most value can be added and allowing…

Anchor a Document or File to the BCH Chain With Notary.Bitcoin.com

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In my last article, I explained how to prove ownership of a specific address by signing a message with a public and private key pair. That’s just one way of proving ownership and verifying a valid signature, as BCH users can also anchor a document to the chain using the Bitcoin Cash protocol’s Script language.…

Vitalik Buterin: “Microsoft has embraced the open community of blockchain developers” on Ethereum

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On May 7th, Microsoft announced the Azure Blockchain Service, a tool that helps developers and companies create, deploy, and manage blockchain networks. This service, which is currently in public preview, is a continuation of Microsoft’s goal to provide platform-as-a-service tools for blockchain technology. At the Build, Microsoft’s marquee developer conference that occurred in Seattle on May 7th,…

HTC’s new phone allows users to run a Bitcoin full node

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Taiwanese electronics company HTC announced that its new blockchain smartphone, the EXODUS 1s, will have the capability to host a Bitcoin full node. The budget version of the phone will retail under $300, as first reported by CoinDesk. On May 11 at the Magical Crypto Conference in New York, Phil Chen, the decentralized chief officer…