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Multi-collateral Dai is Live, Drawing Praise, Criticism and Confusion


A multi-collateral stablecoin Dai is officially live and is assigned the name Dai. The single-collateral stablecoin Dai (DAI), now has been renamed to Sai. Following Friday’s executive vote by Maker (MKR) stakeholders, the MakerDAO system has seen the activation of Multi-Collateral Dai (MCD),...

Grin Price Crashes on 'Inaccurate' 'Broken Mimblewimble' News


Source: iStock/Ja_inter Privacy focused cryptocurrency Grin (GRIN) plummeted in the last 24 hours after a report started making rounds online of an attack on the privacy protocol Mimblewimble. As a reminder, while Beam (BEAM) is the first implementation of Mimblewimble, it was followed by...

Bitcoin and Altcoins Downside Thrust Underway


Yesterday, we discussed the possibility of a downside extension in bitcoin towards the USD 8,250 and USD 8,050 support levels. BTC/USD did decline recently and broke the USD 8,250 support area. The price is now (09:00 UTC) struggling to stay above the USD 8,050 and USD 8,000 support levels....

RBC Says It Has No 'Near-term Plans' to Launch Crypto Exchange


Source: iStock/t_kimura The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange...

Indian Supreme Court Wraps up Crypto Hearing for the Year


The Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian...

Is Blockchain the ‘Secret Weapon’ Driving the Yahoo Japan-Line Merger?


Source: iStock/AF-studio Industry insiders in South Korea and Japan are talking up the potential blockchain “synergy” that may materialize from the proposed Line and Yahoo Japan merger – after the tech giants’ operators agreed on a deal in principle. Yahoo Japan operator SoftBank has released...

Presidential Candidate Andrew Yang Discusses His Plan for Cryptocurrencies


Presidential candidate Andrew Yang has detailed his plans to regulate the digital economy if he were to become the President of the United States. Yang’s recent blog post called “Regulating technology firms in the 21st century,” explains how the candidate believes current American...

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