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Bitcoin Rallies, Almost Hits Pre-Crash Level, Ethereum & Co Jump Too


The most popular cryptocurrency, bitcoin (BTC) rallied on Thursday sharply, almost recovering all losses suffered on Black Thursday in March. At pixel time (14:55 UTC), BTC trades at c. USD 7,573 and is up 5% in an hour and 6% in a day. The price increased 8% in a week and 12% in a month. BTC...

LG Pilots Facial Recognition-powered ‘Digital Token’ Payment Platform


Source: Adobe/S_E South Korean electronics giant LG’s long-awaited digital token has taken a new and innovative twist in the wake of the coronavirus pandemic. Per a press release shared with the Green Economic Daily, LG’s IT services arm, LG CNS, has released details about its “digital currency,”...

Dharma Launches Feature for Sending Dai Payments to Twitter Handles


Dharma, an Ethereum-based crypto lender, has released a new feature that allows sending stablecoin to Twitter handles. This peer-to-peer lending platform has announced the launch of Social Payments, which they describe as a Twitter-native financial ecosystem. They go on to say that this new service...

McDonald’s, Starbucks, Subway May Take Part in Digital Yuan Tests - Reports


McDonald’s, Starbucks and Subway branches could be set to take part in the Chinese central bank’s digital yuan pilots, with Beijing’s efforts to roll out the world’s first central bank digital currency (CBDC) intensifying. Multiple Chinese outlets, including the likes of Sina (via JRJ and Ciajing)...

New Libra Might Help Crypto Adoption - Binance Research


Crypto industry might greatly benefit from Facebook's Libra coins adoption, according to Binance Research, the research arm of the major crypto exchange Binance that has its own interests in the stablecoins business. In their analysis titled "Will Libra Live Up To Its Initial Ambitions?"...

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