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Cryptocurrency and Blockchain News
Telefónica, based out of Madrid, has launched a month long initiative to support startups and innovative projects with the goal to “revolutionize traditional ecosystems through new technologies.” These technologies are to include blockchain, AI, virtual reality and big data. Being one of the biggest telephone operators and mobile network providers in the world, Telefónica, has made their search for these influential entrepreneurs in the emerging industries for the first time under its tech incubator subsidiary, Telefónica Open Future.
The blockchain development is considered to be another great thing after the invention of the internet. This Article is brought to you by Applancer.com. You can find the Top Blockchain Development Companies with Applancer and hire them in a click. One of the primary uses of the blockchain is the authentication of cryptocurrency payments, but the general consensus is that the blockchain system can be adapted in many different processes.
As cryptocurrencies gain more widespread global acceptance, regulatory bodies around the world have begun to see opportunity in blockchain. Today the Israel Securities Authority (ISA), the country’s official market regulator, advocated for the creation of a state-sponsored, regulated cryptocurrency trading platform.
Hong Kong-based cryptocurrency exchange Coinsuper is reportedly shifting its focus from retail traders to institutional investors. This is the latest example of how regulations and trading volumes moving to OTC platforms are impacting the business strategies of crypto exchanges.
Facebook's crypto team reportedly works in an office off-limits to other company employees
The new Galaxy S10 series smartphones by South Korean tech giant Samsung will apparently have wallet functions for Ethereum (ETH), Bitcoin (BTC) and two other tokens. A Samsung official spoke about the phone’s new features at the Mobile World Congress in Barcelona, Spain on Feb. 25.