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Cardano Sellers Get Less Active, But Risks Remain High

Cardano lost ground against the US dollar on Friday morning before making a moderate afternoon recovery, trading around $0.0935 and going up by 2% compared to the previous session. Over the last week, the sellers have been getting less active, and the investors lost less than before. Dmitriy Gurkovskiy, Chief Analyst at RoboForex, says theThe post Cardano Sellers Get Less Active, But Risks Remain High appeared first on CCN

World Bank and Australia's Largest Bank Issue First Global Blockchain Bond

The World Bank and Australia's largest bank, the Commonwealth Bank of Australia, have issued a public bond exclusively through the blockchain. The $100 million AUD ($73.16 million USD) deal is made up of two-year bonds. It expected to settle by August 28, 2018 and yield a 2.25 percent return.The prototype bond, dubbed "Bond-i" (Blockchain Operated New Debt Instrument) is seen by participants as a milestone and a step forward toward automation of bond sales. It is part of a broader strategic focus of the World Bank to “harness the potential of disruptive technologies for development.” Launched in June of 2017, its Blockchain Innovation Lab studies the impact of blockchain and other disruptive technologies on such sectors as land administration, supply-chain management, health, education, cross-border payments and carbon-market trading.The American fund Northern Trust, three Australian state governments, local pension fund First State Super and CBA were the investors in the deal, which the World Bank sees as a part of its strategic focus to harness "disruptive technologies for development."Speaking with Bitcoin Magazine, Arturs Ivanovs, founder of FIC Network — a platform for issuing and trading bonds on the blockchain — said that the launch of the world’s first global bond is a great "validation of blockchain technology's usefulness" for financial transactions."The World Bank is one of the largest bond i...

Crypto Platform Wirex Becomes Third Company to Receive E-Money License from the FCA

Wirex, a London-based global crypto and fiat platform, has revealed that it’s been granted an e-money license from the U.K.’s Financial Conduct Authority (FCA), making it the third crypto company in the world to receive one. Meeting the FCA’s Standards Wirex announced the news yesterday but were granted the e-money license on the 21st of August....The post Crypto Platform Wirex Becomes Third Company to Receive E-Money License from the FCA appeared first on Live Bitcoin News.

Upcoming Bitcoin Cash Changes Leave Community Divided

All cryptocurrencies must keep growing and evolving. Without evolution, projects will eventually disappear into obscurity. Bitcoin Cash is set to undergo another hard fork, although some of the proposed changes are not to everyone’s liking. Until proper adoption of BCH occurs, none of the proposed changes are necessary or warranted, according to some experts. Bitcoin […]

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