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The president of El Salvador, Nayib Bukele, announced that the country’s government would declare Bitcoin as legal tender, alongside the U.S. dollar. In a video broadcast to a multiday conference Miami Bitcoin 2021, the president announced El Salvador’s partnership with Strike, a digital wallet company, to build the country’s modern financial infrastructure using Bitcoin technology….

Major bank Standard Chartered is launching a cryptocurrency exchange and brokerage platform, giving its clients access to crypto assets, like Bitcoin and Ether. Standard Chartered gets in a growing list of major banking corporations worldwide that have accepted cryptocurrency. On Wednesday, the bank declared that a Standard Chartered PLC unit aims to start a cryptocurrency…

Google has announced an update to its existing financial products and services policy, including a policy on cryptocurrency advertising. According to its notice on Wednesday: “This policy will apply globally to all accounts that advertise these financial products.” The new rules will take effect on August 3, and all prior crypto exchange certifications will be…

On May 5, the Ethereum Classic rate on the Binance crypto exchange first exceeded $ 81.6, having risen in price by 40% since the beginning of this year. At the same time, the market capitalization of the project exceeded $ 9.8 billion, and the daily trading volumes of the asset reached $ 18.2 billion. Ethereum…

The service was developed in collaboration with blockchain startup Pinata based on Filecoin and IPFS technologies. NFT.Storage provides protection for tokens and their associated metadata. When a user uploads data to a service, IPFS generates an address associated with a unique cryptographic hash identifier (CID). This approach avoids a number of problems, for example, the…

Phase one for the project reached its 250,000 DOT token hard cap. Phase two is looking to net the remaining 750,000 DOT required to land a parachain. Decentralized finance (DeFi) platform Equilibrium has raised around $8.5 million as part of the process to launch its suite of services on the Polkadot network. Equilibrium, which calls…