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JJ Cryptocurrency

Coin Journal

VeChain becomes official Layer 1 blockchain partner of UFC, VET price jumps 7%

VeChain Foundation, the organization behind the smart contracts layer 1 blockchain VeChainThor, has announced a groundbreaking multi-year partnership with the world’s premier mixed martial arts (MMA) organization UFC. As a result of this first-of-its-kind deal, VeChain is now the official Layer 1 Blockchain Partner for UFC – the first ever for the global brand.  “It …

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Binance is seeking crypto licenses in the Philippines, CEO says

Binance has sought the virtual assets service provider (VASP) and e-money issuer (EMI) licenses. Binance CEO Changpeng Zhao says that the platform, the world’s largest in terms of trading volume, is looking to secure key crypto licenses from Philippines’ Bangko Sentral ng Pilipinas (BSP). The exchange targets the virtual assets service provider (VASP) license, as …

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Valkyrie raises more than $11 million in new strategic fundraising

Valkyrie Investments, a leading investment firm focused on digital assets, has raised more than $11 million in a new strategic fundraising. The round, which was oversubscribed, saw the firm secure $11.15 from several investors, including BNY Mellon, Coinbase Ventures, Wedbush Financial Services and Clearsky. Other participants were Zilliqa Capital, SenaHill Partners, C-Squared Ventures, and Belvedere Strategic …

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Polkadot Hacker House in NYC officially opens for applications

The Polkadot Hacker House event will take place at the Industrial City in Brooklyn, New York. The Polkadot Hacker House, whose first-ever edition is set for New York City from 23-28 June, has opened applications for seasoned engineers and developers new to the Polkadot ecosystem. Interested parties are encouraged to sign up for the six day …

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FTX to hire more people ‘regardless of market conditions’, CEO say

FTX will not be scaling back on its staff, according to CEO Sam Bankman-Fried. The company is “going to keep pushing forward,” he said. FTX CEO Sam Bankman-Fried says the cryptocurrency exchange will “zag” where other crypto firms “zig.” In short, he does not see the crypto platform freezing its hiring process or laying off …

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Checkout.com unveils 24/7 stablecoin settlement solution powered by Fireblocks

Checkout.com, a global payments processor currently handling billions in online payments for merchants, has announced a new stablecoin settlement solution that will offer 24/7 payments processing for customers. The settlement system will be powered by crypto payments technology from blockchain security platform Fireblocks, and will see merchants enjoy seamless and flexible access to cash flow …

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Ripple partners with Lunu to expand into the European luxury markets

Ripple, a prominent business blockchain solutions provider, has partnered with Lunu, a crypto-terminal operator and a payment provider that deals with premium retailers to enable German luxury and high-end retailers to receive payments using cryptos. With the new partnership, the retailers will be able to exchange cryptos for fiat money where the Ripple Liquidity Hub …

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Bank of America is not offering crypto services anytime soon, says CEO

Bank of America doesn’t have plans to dive into offering crypto to its customers, according to the bank’s Chief Executive Officer Brian Moynihan. In an interview with Yahoo Finance at the World Economic Forum (WEF), the BofA CEO responded with a “No” when asked if the bank had any such plans. According to him, the need to remain …

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MoneyGram to partner with Stellar blockchain for stablecoins remittance

MoneyGram, one of the world’s largest money transfer services, is preparing for a partnership with Stellar blockchain to allow its users to send and convert stablecoins into fiat currency. MoneyGram CEO, Alex Holmes, view on the crypto industry was optimistic saying: “Crypto industry is here to stay and it’s going to be here for a …

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