Binance Set: Launch Future NEO / USDT With Up to 50x Leverage

Big crypto-currency exchange Binance has revealed it is about to launch a new NEO crypto-asset futures product monitoring. The NEO / USDT futures will be released on Feb. 17 according to the announcement published on Feb. 16 and traders will be able to select leverage between 1x and 50x. The fees levied by the exchange on the contract’s trades in question are an initial margin rate of 2%, 1% base maintenance margin rate and a liquidation fee of 0.5%. What is NEO? The knowledge page Binance dedicated to NEO states that it is a community-driven open-source platform. That uses blockchain, smart contracts, and digital identities to digitize…

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China Isolates Money To Prevent From Corona Virus, Non-Issue Related To Bitcoin

It has been circulated that China has began a quarantine of its currency used to stop from the spread of corona virus. Concurrently, the crypto community started to take the news that using Bitcoin as a payment method should resolve a problems. Futher cases have been confirmed for the epidemic outbreak On February 13, Hubei district, where Wuhan is situated, reported a spectacular growth of number about 15,000 further cases and recently 242 new deaths in 24 hours after regional authorities amendments their procedure for diagnosing case. Dovey Wan, the…

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South Korea Is Investing $16 M to Train Potential Experts In Digital Finance

On Feb. 12, the Korean Financial Services Commission and the Seoul metropolitan government announced plans to invest $16 million in four-year training of digital finance experts. The deadline to win the grant is March 4-6. NEW Program Description The FSC has explained that demand for financial technology specialists is rising. The program aims to ensure educational opportunities for Fintech professionals in the next generation. The program will begin the second half of 2020 and run in the financial center in the capital city of Seoul’s Yeouido district until 2023. It is open…

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Millions of Online Retailers Can Directly Receive Dai at the Coinbase Trade

Coinbase Commerce, a platform that contribute to cryptocurrency payments for internet retailers, has attached DAI MakerDAO stablecoin as a supported payment procedure this week. This integration will enable traders around the world to receive USD-based stabilizers in exchange for goods and services without Coinbase Commerce at any additional cost. Traders can put on a “pay with crypto” button to their settle up process, or select to receive DAI only. Store owners as well get a DAI savings rate of 7.5%. This perhaps approachable accross 800,000 stores and 3 million web…

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Reuters for Facebook Fact-Checking by the US Presidential Elections in 2020

Reuters has established a new project in collaboration with Facebook with the goal of detecting misinformation on social media. As announced by Reuters on Feb. 12, a fact-checking program was initiated jointly by social media giant Facebook’s Third-Party Fact-Checking Program. The news outlet in a bid to detect disinformation on social media. Reuters will check precisely the details posted on Facebook and Instagram in the run-up to and after the United States elections. Checking user-generated information The dedicated Reuter unit will determine the validity in both English and Spanish of…

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Six Out of Top 50 of Forbes Fintech Companies by 2020 Are in The Blockchain

Forbes launched its Fintech 50 list this week, consist of six blockchain companies between media compilations of top financial technology companies. On February 12, 2020, by the convey “Blockchain and Bitcoin” category, Forbes listed among the top 50 Fintech companies consist of Axoni, Chainalysis, Coinbase, Everledger, MakerDao and Ripple. Other participants on the list include companies like Plaid, Opendoor and Lemonade, which are categorized under their payments, properties and insurance. Alphabetically listed Forbes created its 2020 list alphabetically by spanning an array of categories within fintech Among the six blockchain…

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Central Bank Digital Currencies Are Perfect for Bitcoin, Barry Silbert Says

Bitcoin (BTC) will benefit from the issuance of its own cryptocurrencies by global central banks, claims the founder at the world’s biggest digital asset manager. Barry Silbert, founder, and CEO of digital currency asset manager Grayscale Investments and blockchain venture capital firm Digital Currency Group (DCG) reiterated its positive approach to Bitcoin in the new Grayscale Investor Call on Feb. 12. During the call titled The State of Digital Currencies, Silbert spoke about a number of important issues related to digital assets. Including the role of Bitcoin in the generational…

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Mastercard, Binance X & Ripple’s Xpring Join the Partnership with Blockchain Education

The Blockchain Education Alliance led by the MouseBelt bitcoin accelerator has recruited a number of notable new members. Ashlie Meredith, the university program director for MouseBelt Blockchain Accelerator, said on Feb. 11 that the new members include payment processing behemoth Mastercard, major crypto exchange innovation arm Binance, Binance X, Ripple’s Xpring accelerator and KuCoin cryptocurrency exchange. The alliance also joined smart contract platform NEO, internet-of-things startup IoTeX, blockchain security company Quantstamp and big data blockchain service Constellation Labs. The Blockchain Education Alliance seeks to support education and ensure that students…

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$3.75B Food Safety Company Lists Blockchain Endowment for Track Sourcing

Neogen Corporation, a publicly traded food security company with a market capitalization of $ 3.75 billion, is take in to Ripe Technology’s early food industry to track supply chains. According to them, the two companies will work together to use the blockchain as a perpetual, unchanging way to record the entire food and livestock production process. The new affiliation Neogen is an international food safety company that supply testing kits and affiliated products to detect harmful substances in food, while Ripe launched in 2017 and aims to boost food confidence.…

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Blockchain.com Leads Investment In Its Trading Partner ‘ Seven-Figure ‘

Popular cryptocurrency wallet service and blockchain data provider Blockchain.com in its trading partner Wintermute Trading has led a funding round. Wintermute Trading, an algorithmic trading company based in the United Kingdom. Has completed a seed funding round led by investment arm Blockchain.com Ventures. While the funding sum is confidential, the seed round apparently involved a “seven-figure” investment, a spokesperson for Blockchain.com told Feb. 10. Furthermore, participation from the blockchain-focused capital market FBG has also been seen in the funding round. Since July 2019 Wintermute has been a partner at Blockchain.com The investment comes after a collaboration between Blockchain.com and…

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