Tron’s latest weekly report highlights new block height, surges in real-time accounts & transaction numbers

The Tron Foundation updated the community about recent developments in its ecosystem through its weekly report. The report highlighted the progress of Tron over the past week. The community was elated by the fact that block height had exceeded 11.86 million, while registering 1,145 nodes in Tron ecosystem. Further, real-time accounts also grew and stood […]
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Source: AMB Crypto

BitMEX extends access restrictions to Seychelles, Hong Kong and Bermuda

The ongoing crypto adoption drive has been propelled mainly by the ecosystem’s exchanges that serve as a gateway for many users across the globe. In a recent blog post that details on “ensuring the continued compliance” of the platform, BitMEX made a shocking revelation by stating, “Seychelles, Hong Kong and Bermuda will be added to […]
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Source: AMB Crypto

Gemini exchange welcomes David Damato as new Chief Security Officer

Amid the ongoing race to beat the fiat system, the crypto ecosystem is on the constant drive to include the most promising innovators in their arsenal. In this regard, Gemini, a leading cryptocurrency exchange and custodian, announced on August 19 that David Damato joined the company as the new Chief Security Officer (CSO). The acquisition […]
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Black Manta Capital Partners receives BaFin licence for security tokenization

Black Manta Capital Partners (BMCP) announced the successful reception of the BaFin licence. As a result of the licence, the company will be able to “provide regulated financial brokerage services using blockchain technology in accordance with the MiFID II regime.” Based on the original press release, “With so-called Security Tokenization, BMCP converts rights to an asset […]
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Source: AMB Crypto

Tron network records 500 million smart contract triggers; Tron-based USDTs in circulation continue to surge

The Tron Foundation’s native cryptocurrency, TRX, has been bouncing up and down CoinMarketCap’s cryptocurrency charts. The coin was once the 10th largest cryptocurrency in the market, maintaining its position for quite some time. During the last few weeks however, the coin has been plummeting down in terms of market cap and was found at the […]
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Source: AMB Crypto

Only Bitcoin-inclusive investment portfolio can endure financial collapse, suggests Grayscale report

The payment system, although permanent to our society, has witnessed a change in the definition of assets and its providers. Same can be said for today’s fiat industry that is currently being challenged by the era of cryptocurrency. While people have claimed Bitcoin’s prowess over government-issued currencies owing to numerous limitations, the ongoing U.S.-China trade […]
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Source: AMB Crypto

Binance announces new VIP structure for margin trading

Leveraging a massive portfolio of services and offerings, Binance today stands at the forefront of enabling crypto-startups and crypto-investors. The Malta-based exchange recently announced the addition of several leading cryptos for margin trading, with Binance also keen on pushing out promoting new VIP levels, speculated to be aimed at customer retention. An official announcement from […]
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Source: AMB Crypto

Cardano’s Charles Hoskinson questions Justin Sun’s $5 million lunch ‘investment’

IOHK’s Charles Hoskinson hosted an AMA session on YouTube where the entrepreneur spoke about Cardano’s much-awaited update releases. He began by ensuring his viewers about the completion of the ‘Shelley era’ by 2020 as planned. When asked about his take on the “Justin Sun’s lunch back out,” Hoskinson compared his previous $5 million investment by […]
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Source: AMB Crypto

Circle’s head of trading division Dan Matuszewski resigns

Circle, one of the key institutions involved in the crypto ecosystem, has recently witnessed several changes transpiring in the company. It was announced that Circle’s head of trading, Dan Matuszewski, had formally resigned and parted ways with the company. Circle is one of the few institutions apart from Coinbase and Binance that provides OTC trading for […]
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TRON report highlights growing Dapp ecosystem and increased use of smart contracts

Despite the negative press surrounding Tron Foundation CEO Justin Sun, the Tron network and its ever-growing Dapp ecosystem seem unaffected. The latest TRON Dapp weekly report confirms that the network has been growing steadily with the addition of new Dapps, increased number of transactions and also increased use of smart contracts. This week, Tron network […]
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Source: AMB Crypto

Cardano development gets boost from IOHK’s release of Plutus ebook and Emurgo’s promotional work

Charles Hoskinson’s Cardano project is widely considered as one of the most technically sound ones in the community and IOHK, a research, and technology company, plays a massive role in its development. IOHK continues to push the boundaries to promote innovation as the organization recently announced the release of an ebook, ‘Plutus: Writing reliable smart […]
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Source: AMB Crypto

Bitcoin SV’s Quasar Upgrade updates the hard cap default size to 2GB; Genesis upgrade to follow by February 2020

The Bitcoin SV community has been eagerly waiting some development in its ecosystem, and it did not take long for developers to provide them with the Bitcoin SV Quasar Upgrade. It was released on July 24 as part of its forking protocol upgrade. The upgrade mainly focuses on scaling and it also separated the default […]
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Source: AMB Crypto

Senate Committee schedules another hearing; has Libra woken up a regulatory sleeping giant?

All eyes will be on Washington D.C. once again. The cryptocurrency industry, from a regulatory standpoint, will be divided into two phases of history; one before Libra and the other after. Since Libra was unveiled in mid-June, regulators the world over have not let up. Over the past two weeks, there have been three hearings […]
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Source: AMB Crypto

Bitcoin handicapped: King Coin drops below its 50-day MA for the first time in 6 months

The bears have taken their first major scalp from the Bitcoin market. Since breaking the $13,000 price ceiling, not once but twice, the Bitcoin bulls have taken a break. The price of the largest cryptocurrency in the market has been in a continuous decline since, after reaching its YTD high of $13,800 back in June. […]
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Source: AMB Crypto