Indonesian Investment App Pluang has Raised $55 Million from Accel

Pluang is an online investment application developed and operating in the Indonesian territory. Recently, the super-investment application was able to generate around $55 million in a funding event. The biggest contributor to the application is Accel, a venture capital firm operating out of California that has invested in several ventures in India, China, London, and…

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Crypto Exchange Coinone Issues New Verification Requirements for Users

Coinone is a cryptocurrency exchange platform operating out of South Korea. The exchange recently decided to comply with the regulatory requirement set by the local government for the businesses that are operating in the region. As reported by local media outlets, the customers of the exchange now need to verify their account credentials. According to…

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Turkey’s President Says Crypto Law is Ready for Parliament

Turkish President Tayyib Erdogan recently updated the media outlets about the development of the cryptocurrency legislation in the country. Speaking on the matter, he claimed that a new bill is ready for presentation in the parliament that deals with the subject of cryptocurrency-specific regulations. Erdogan also told the media that the new cryptocurrency law might…

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Former United States President Donald Trump Criticizes Crypto Market and Calls it “very Dangerous”

The infamous former president of the United States, Donald Trump, has finally spoken up about his new stance on cryptocurrencies. He was invited for a dialogue at the Fox News morning show last week. Speaking to the interviewer, Maria Bartiromo, he shared his thoughts on the booming digital asset market. Trump claimed that blockchain-based financial…

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Microsoft: Ethereum will Turn into a Decentralized App Store

The Ethereum network is one of the largest cryptocurrency projects rallying on the global leaderboard. However, the wide use of the network has also plagued it with issues like massive gas fees and transaction speed breaks. Under these circumstances, projects like Solana and Polkadot have started to gain more traction among investors as Ethereum alternatives….

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Cardano Developers are Trying to Add a New Peer-to-Peer Protocol to the Network

During the current year, Cardano network developers managed to introduce and implement smart contracts capabilities on the network with success. However, the roadmap for the blockchain has many more important milestones to achieve. Recently, Cardano developers have launched a new testnet. As mentioned in a new blog post on IOG, the testnet is for a…

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