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Huobi Exchange Joins GLASS Decentralized Liquidity and Settlement Network

Ever-expanding cryptocurrency exchange Huobi has joined the coming the Global Liquidity and Settlement System network (GLASS). The move peripherally brings the exchange one step closer to compliant access to the United States’ investor market. In being a GLASS member exchange, Huobi will be able to “settle secondary trades of digital securities by U.S. investors” and …

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Kin Announces Developer Program to Build Out Kin Ecosystem

Coming off its $100 million USD ICO in 2017, the Kin ecosystem has announced that forty teams have been selected to participate in its inaugural developer program. These developer teams will be rewarded with up to $60,000 each to launch Kin-related applications or integrate Kin into an existing consumer app. Also read: AT&T Hit With $224 …

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‘Log in With Coinbase’ — a New Digital Identity Standard Looms

Coinbase announced today that it has acquired Distributed Systems, a startup looking to build a digital industry standard for decentralized applications called the Clear Protocol. Although it wasn’t transparent on any next steps, the company has assembled a five-person team to begin working on a “Log in with Coinbase” integration platform, powered by Coinbase’s abundance …

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A Dose of Reality? Bitcoin Has a Long Way to Go Before Becoming Mainstream, Says Brian Armstrong

Coinbase CEO Brian Armstrong has suggested bitcoin still needs time before it becomes a global currency. Armstrong shared this opinion, along with other thoughts regarding cryptocurrency, at the Player’s Technology Summit in San Francisco. Also read: Recent Ether Liquidation by ICOs — a Case of Fact-Free Reporting of Non-News? Subscribe to the Bitsonline YouTube channel for great videos …

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Crypto Hodlers Rekt! Xapo’s Ted Rogers Predicts Altcoin Extinction As Bill Harris Sees Bitcoin Headed Toward Zero

Xapo president Ted Rogers claims altcoins are headed toward extinction. Bill Harris says bitcoin is headed to zero. From old fintech to new, doomsday voices are growing louder. Are crypto hodlers rekt? Also read: Smart Legal Contracts Take Step Forward in OpenLaw, ChainLink Meld Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts …

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nChain Announces ‘Bitcoin SV’ Full-Node Implementation, Could Lead to BCH Schism

Bitcoin Cash (BCH) companies nChain and CoinGeek have announced the creation of “Bitcoin SV” — a new Bitcoin implementation that aims to prevent “unnecessary changes” to the original Satoshi Nakamoto protocol. However the move could further entrench current divisions within the BCH developer community, forcing miners to choose between different and soon-to-be incompatible versions of …

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AT&T Hit With $224 Million Crypto Theft Suit Over Alleged SIM Swap

Crypto entrepreneur Michael Terpin alleges he had three million tokens stolen from himself after his AT&T-serviced cellphone was compromised via SIM swapping fraud, or SIM jacking. Now, Terpin has leveled a lawsuit against the telecom powerhouse seeking $224 million USD. For their part, AT&T has already disputed the crux of the case, with a spokesperson …

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Smart Legal Contracts Take Step Forward in OpenLaw, ChainLink Meld

OpenLaw, the legal-focused blockchain protocollers of ConsenSys, have partnered with ChainLink to leverage the latter’s decentralized oracle network. The “middleware” tech allows smart contracts to interact with data off-chain, hailing a future where legal contracts and beyond will become increasingly sophisticated and streamlined via blockchain.  Also read: Bitcoin Interest Spikes in Istanbul Amid Turkish Currency Crisis …

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Can Energi Mine and Hotel Cappuccino Undo Crypto’s Environmental Bad Boy Image?

In a move certain to challenge the narrative surrounding the negative image of blockchain technology’s environmental impact, Energi Mine has partnered with Hotel Cappuccino in Seoul’s storied Gangnam district to reward guests for energy-saving behavior. Also read: Coinbase Seeks to Speed up Crypto Adoption Through Communication, Simplification Subscribe to the Bitsonline YouTube channel for great videos featuring industry …

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Bitcoin Interest Spikes in Instanbul Amid Turkish Currency Crisis

Citizens in Instanbul, Turkey’s largest city, began visiting Bitcoin.org in droves in the wake of the politically-driven currency crisis that has rocked the Eurasian nation and its lira over the past few days. That’s per the site’s co-owner Cøbra, who called the spike “MASSIVE.” It’s an interesting trend that casts BTC as an increasingly looked-to redoubt …

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