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Orbit to use Ethereum blockchain to buy and sell solar power

Orbit to use Ethereum blockchain to buy and sell solar power

Orbit, a new commercialized renewable energy company, announced that it will use the Ethereum blockchain to allow everyday people to get involved in buying and selling solar power. According to reports, special ORBT tokens will be distributed and used to make these purchases and sales. Given the fact that the transactions will take place utilizing …

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Crypto Lender Celsius Taps Horizen for 'Proof-of-Reserves' Proof of Concept

Crypto Lender Celsius Taps Horizen for ‘Proof-of-Reserves’ Proof of Concept

Crypto lender Celsius is producing a series of experiments over the next few months that would test what it would look like for the company to decentralize some of its operations.  The centralized finance (CeFi) stalwart is working with Horizen, a platform that develops and maintains the privacy token ZEN, to take a look at …

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Crypto exchange INX applies to list its digital security ‘INX Token’ on the Canadian Securities Exchange

Crypto exchange INX applies to list its digital security ‘INX Token’ on the Canadian Securities Exchange

The as-yet-unlaunched crypto exchange INX has applied to list its digital security on the Canadian Securities Exchange (CSE). Announcing the news on Friday, INX said the listing application is subject to the CSE’s approval. Once green-lighted, the INX token would get listed on the traditional stock exchange. INX is currently amid an initial public offering …

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CZ terms report of Binance trying to evade US regulators as 'Fud'

CZ terms report of Binance trying to evade US regulators as ‘Fud’

Basing its allegations on a “leaked document,” Forbes published a report today that claimed major crypto exchange Binance was “intentionally” deceiving US regulators. The report stated that:    Binance Holdings Limited, the world’s largest cryptocurrency exchange conceived of an elaborate corporate structure designed to intentionally deceive regulators and surreptitiously profit from crypto investors in the …

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Average Bitcoin transaction fees rose to their highest level since 2018 this week

Average Bitcoin transaction fees rose to their highest level since 2018 this week

Transaction fees on the bitcoin network are at their highest point since early 2018, according to available network data — a development that comes amid recent upward price action for the cryptocurrency. The latest movement in bitcoin network fees appears to have started on October 26, when bitcoin’s price was fluctuating around the $13,000 level. …

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Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption

Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption

Publicly traded digital-asset brokerage Voyager Digital registered four-digit revenue growth in the fiscal year ended June 30, 2020. In an announcement Thursday, the Canada-based firm said revenue rose to roughly $1.1 million, marking a 1,159% rise from the previous fiscal year’s tally of $87,318. Other figures for the same period are also impressive: customer assets jumped …

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Coinbase’s crypto debit card is launching in the U.S. and lets users earn back bitcoin

Coinbase’s crypto debit card is launching in the U.S. and lets users earn back bitcoin

Crypto exchange Coinbase is launching a Visa debit card in the U.S. next year.  Sharing the news with The Block on Wednesday, Coinbase said it opened up a waitlist for U.S. customers who wish to get the card and will start distributing them “in the first half of next year.” Debit cards for Coinbase customers …

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Huobi adds Visa and Mastercard support for cryptocurrency transactions

Huobi adds Visa and Mastercard support for cryptocurrency transactions

Huobi global expanded support for Visa and Mastercard credit and debit cards which will allow its users to make transactions on the platform itself without being redirected to a third-party portal, according to a release shared with AMBCrypto today. The new payment service is being provided by Huobi Technology, a regulated DLT firm by the …

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