MicroStrategy buys 21,454 bitcoins — claims it’s better than cash

The firm allocated more than $250 million into Bitcoin as the firm sees the digital currency as an effective inflation hedge Nasdaq-listed MicroStrategy has announced it obtained 21,454 bitcoins in a recent on-market purchase. The company sees inflation entering the economy and thinks that Bitcoin is a, “reasonable hedge against inflation” according to a press […]

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Russia plans to track crypto transactions using AI-based platform

The Federal Financial Monitoring service announced the development of crypto tracker to combat illegal activity Russia recently announced the development of a “Transparent Blockchain”, an artificial intelligence (AI) tool designed to undertake a deep analysis of crypto transactions of major coins like Bitcoin, Ethereum, Dash and Monero. Local media outlet, RBC, reported that a prototype […]

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Russian Monitoring Agency Develops Blockchain Analysis Tool To Track Bitcoin And Monero

A report from local news channel RBC confirmed on Tuesday Russian intelligence unit, Rosfinmonitoring, (Russia’s Federal Financial Monitoring Service), has proposed a cryptocurrency monitoring tool similar to U.S.’s Chainalysis. The agency, in charge of reducing cases of money laundering and terrorist financing in the country, will start tracking Bitcoin and other cryptocurrencies including privacy enhanced […]

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Best Long Term Stocks in August 2020

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Thanks to FinTech platforms, stock trading has never been more accessible. The variety of assets and stocks never more enticing. Even the market volatility is conducive to investors who know their craft. After the […]

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How Will Crypto Cope In Regulation-Friendly State Belarus After Lukashenko’s Protested Presidential Win?

Crypto-friendly state Belarus faced a nation-wide internet blackout on Monday after a hotly contested presidential election on Aug. 9. The country has been facing mass protests since the announcement of the incumbent president, Alexander Lukashenko’s landslide win over Svetlana Tikhanovskaya, the opposition leader who claims the vote was massively falsified. The crypto-friendly country raises questions […]

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Compound Protocol to Roll Out Decentralized Oracles Dubbed ‘Open Price Feed’

Compound, one of the most popular defi protocol, is all set to introduce open price feeds for lending on its platform using a decentralized oracle. This decentralized oracle would offer live price feeds, which would make the lending process more simplified. Open price feeds are being tested across several blockchain network including Ethereum (ETH) Kovan […]

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IOTA to Launch Chrysalis Phase 1; Final Testnet Towards A Fully Decentralized Network

The first phase of IOTA’s 1.5 testnet ‘Chrysalis’ is set to be launched on the Mainnet next week as the IoT-focused DLT initiative prepares for full decentralization. IOTA announced this milestone on twitter, noting its users will experience significant improvements in performance, reliability, and usability upgrades. Coming next week! The first phase of #Chrysalis (IOTA […]

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