#Altcoins News

DAI Ceiling of 100 Million Outstanding Tokens Hit, Executive Vote to Raise Limit on November 8

November 7, 2019 by Ashwath Balakrishnan at Altcoins

In another huge development for Maker Protocol and open finance, DAI has hit its 100 million ceiling, and the community is going in for an executive vote on November 8. The vote to raise the ceiling is expected to be approved unanimously as DAI becomes an integral part of the...

Coinbase Launches Tezos (XTZ) Staking Program for U.S. Traders

November 7, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Coinbase, a leading U.S.-based crypto exchange now lets Tezos (XTZ) holders stake their tokens right from their Coinbase wallet and earn rewards. The exchange has also introduced the Coinbase Earn Tezos campaign, which enables anyone in a Coinbase-supported jurisdiction to earn up to $6 worth of XTZ by performing simple...

Japan’s Acceptance of Blockchain Will Be Put to the Test in 2020, Says Amaten CEO

November 7, 2019 by Ashwath Balakrishnan at Altcoins

Tom Kanazawa, CEO of Amaten, a gift card company, believes that 2020 is going to be a vital period for blockchain adoption, especially in Japan. With this opportunity right in front of him, Tom believes that the time is ripe to shift his company's business model onto the blockchain. Amaten...

Ripple’s Insitutional Arm Grows Along with XRP Integrated Liquidity Service

November 7, 2019 by Ashwath Balakrishnan at Altcoins

RippleNet, the network of financial institutions and payment providers using the Ripple ledger, has hit a milestone of 300 institutional customers from 45 different countries. On top of that, On-Demand Liquidity (ODL), which uses XRP to eradicate pre-funding capital requirements, has seen 7x growth from the end of Q1 2019...

Ripple, NUS Join Forces to Accelerate Fintech Growth in Singapore

November 6, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Ripple, the San Francisco-based distributed ledger technology (DLT) project in charge of the XRP altcoin, has joined forces with the National University of Singapore’s (NUS) School of Computing to launch a financial technology lab dubbed the NUS FinTech Lab. The team hopes the lab will help accelerate the growth of...

Turkey could be ready to Launch National Digital Currency in 2020

November 6, 2019 by Osato Avan-Nomayo at Altcoins

Turkey’s central bank is reportedly looking to finalize testing protocols for its proposed national digital currency. With economic struggles worsening in the country, the move might signal an attempt by the government to gain a foothold in the emerging digital landscape. Meanwhile, bitcoin adoption continues to grow in the country...

China’s National Digital Currency is Anything but Decentralized says Ethereum Co-Founder

November 6, 2019 by Anthonia Isichei at Altcoins

China’s national digital currency is in the works, which would monitor transactions and curb money laundering. However, according to a recent interview with CNBC on November 5, 2019, Ethereum co-founder, Joseph Lubin, believes that China’s central bank digital currency (CBDC) lacks a key component of blockchain technology, which is decentralization. ...

Aeternity (AE) Blockchain Project Announces LIMA hard fork from Ethereum Blockchain

November 5, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Aeternity (AE), a next-generation open-source distributed ledger technology (DLT) network that claims to offer developers a robust platform for the creation of decentralized applications (dApps), has launched its LIMA hard fork, to provide AE miners with the most up to date software and entirely hand over governance to the community,...

Stellar Foundation Burns 55 Billion XLM Tokens for Increased Efficiency

November 5, 2019 by Aisshwarya Tiwari at Altcoins

In a Medium post published on November 5, 2019, the Stellar Development Foundation (SDF) announced the token burn of more than 55 billion XLM worth $4.7 billion. The announcement says the decision to burn XLM tokens is part of a grander plan undertaken by the SDF to make the organization...

Tezos (XTZ) Bags Listing on OKEx Cryptocurrency Exchange

November 4, 2019 by Aisshwarya Tiwari at Altcoins

In a press release issued on November 4, 2019, OKEx – the world’s largest futures cryptocurrency exchange – announced that it will list open-source blockchain platform Tezos’s digital token – XTZ. Tezos Marks its Debut on OKEx Tezos, an open-source distributed ledger technology (DLT) project with a global community of...

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