Day: July 29, 2020

Huobi Global will list LUNA and CHR

Huobi Global announced the results of the “FastTrack (11th) Voting”. LUNA (Terra) won the first place in the vote. It will log on to Huobi Global at 22:00 on July 29 and open USDT, BTC and HT Trading pair. CHR (Chromia) won the second place and will open USDT, BTC and HT trading pairs at 22:00 on July 31.

Avalanche and PolyientGames collaborate to launch a decentralized NFT trading platform

Avalanche (Ava Labs), a decentralized service platform, announced a partnership with PolyientGames, an investment company focused on NFT and blockchain games, to establish a decentralized trading platform (DEX) dedicated to NFT transactions on Avalanche. The new DEX will be built into the Polyient Games Marketplace, which will provide unique products, including exclusive NFT auctions and peer-to-peer NFT trading systems. The two parties will cooperate to launch the token PGFK particle (XPGPs), which can be used as a trading unit for…

Multi-asset trading platform eToro plans to issue Visa debit cards in the UK

Multi-asset trading platform eToro has acquired Marq Millions Ltd., an electronic currency provider based in the United Kingdom. The specific amount has not been disclosed to the public. After the acquisition, Marq will conduct business as eToro Money and will directly issue planned Visa debit cards. Although the specific release time has not yet been determined, it is basically certain that the first batch of users will be members of the British eToro Club, which will later be expanded to…

The Bank of Japan considers establishing a central bank digital currency as one of its top tasks

The chain heard the news. In an interview with the Asahi Shimbun, senior official of the Bank of Japan Takeshi Kimura said that the establishment of a central bank digital currency (CBDC) is considered as one of the Bank of Japan’s top tasks. He said that the Bank of Japan will advance the discussion, but did not give a clear timetable to start the test, but consider cooperating with the private sector because the latter may have a deeper technical…

The central bank of Cambodia’s digital currency has begun trial operation and is scheduled to be put into use at the end of September

The President of the National Bank of Cambodia (NBC) Chea Serey stated that he plans to launch a blockchain-based peer-to-peer payment and transfer platform in the next few months. The plan is called “Bakong” and has received support from 11 banks. More banks are joining. Bakong is essentially a form of central bank digital currency (CBDC), which has been trial run in July and will be put into use within this fiscal quarter. Chea Serey calls the system “Cambodia’s National…

Nigerian Minister of Justice submits new bill on Bitcoin and electronic money

According to a report by the local Nigerian media Daily Post, Nigerian Minister of Justice Abubakar Malami stated that the Ministry of Justice has submitted some new bills to the National Assembly to provide a legislative framework for digital currencies. These bills include electronic transactions, electronic evidence laws, digital management laws, and electronic banking laws. He said that the bill is expected to prepare Nigeria to deal with emerging things such as digital cash, bitcoin and electronic money.

The balancer front end blocked the YFII liquidity mining page for a short time, and it has been restored

YFII, a YFI fork project initiated by members of the DeFi aggregation revenue agreement yearn.finance community, stated that the Balancer front-end code temporarily blocked YFII’s liquidity mining page, and the code display defined it as “ScamPool (fraud fund pool)”. Subsequently, Timur Badretdinov, head of front-end and back-end development of Balancer, said on Twitter that his operation error caused the YFII pool to be blocked, and then reopened the YFII liquidity mining page. He apologized for the impact, but for now…

Media: Iran authorizes power plants to mine Bitcoin

According to Bitcoin.com citing local Iranian media reports, Mostafa Rajabi Mashhadi, deputy director of Iran’s power generation, distribution and transmission company Tavanir, confirmed that Iranian power plants are allowed to mine cryptocurrency. He stated that entities must apply for the necessary licenses from the Ministry of Industry, Mine and Trade (Ministry of Industry, Mine and Trade) and comply with the tariffs on crypto mining. According to previous reports from Chain News, the Iranian government has issued operating licenses to 14…

The Central Bank of the Philippines considers issuing central bank digital currency

Benjamin Diokno, Governor of the Central Bank of the Philippines, said that the bank has set up a committee to study the feasibility and policy implications of issuing central bank digital currencies. He said that the team’s findings must be reviewed before making a decision. The preliminary findings are expected to be announced next month. However, he said that he has not seen the development of digital currency affect the demand for legal tender. Cryptocurrency has always not only belonged…

Bitcoin security solution Casa changes its flagship product name to Casa App

Bitcoin security solution Casa announced that the name of its flagship product has been changed from Casa Keymaster to Casa App. This product is dedicated to helping users manage keys securely and maintain complete control over funds. Casa members can use the Casa App alone as a pure software wallet. Chain Wen noted that Casa is a company that provides secure key storage that allows users to quickly access the Lightning Network. The famous Bitcoin developer Jameson Lopp serves as…