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Bitcoin Daily: Ant Financial Rolls Out OpenChain; Bitcoin Firm Purse Plans To Close

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Through the launch of the OpenChain platform, we aim to help 1 million [SMBs] and developers innovate and explore more use cases in the next three years.” In other news, Purse, a bitcoin startup, plans to close following a run that lasted for six years, CoinDesk reported.

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Payment Rail Innovators Dive Into Real-Time

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This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. Combining these elements, we are creating a broad platform with faster technology and smarter and better services that the industry can trust as a foundation for innovation towards their own end-clients," he added.

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Bitcoin Tracker: Tale Of Two Bitcoins

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Bitcoin prices suffered further losses this past week. As the reality of the Securities and Exchange Commission (SEC) rejection sunk in, concern among investors has grown amid signs of an impending hard fork — a “great schism” of bitcoin, if you will. At the time of writing, one bitcoin was worth $1,039.93, up 0.24

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Ohio Treasurer Suspends Bitcoin Business Tax Payment Program

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The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. It is vital that Ohio explores innovative, new technologies and processes that continue to drive Ohio into the future,” he said.

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Thanks To Ransomware, Bitcoin Leaves A Bad Taste In Corporates’ Mouths

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The last several years have seen a surge in efforts among the cryptocurrency community to legitimize the technology. Once seen as a tool for the dark web and black markets, cryptocurrencies like bitcoin now want to be a part of the broader economy. Bitcoin at the Center. The average span of system downtime increased, too, to 7.3

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Bitcoin Daily: Charities Support Bitcoin Donation Campaign; Hackers Seek API Vulnerabilities For Crypto Mining

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In times of crisis, to reach those lofty ambitions, we need to be friendly not only to traditional financing mechanisms but to the crypto community who’s been very innovative,” said Ettore Rossetti, global digital lead of Save the Children in a phone interview with CoinDesk.

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Banking On APIs For B2B Innovation

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One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems. New tools for new FinTechs.