June 2018
Monthly Archives
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in NewsDiscover the first Source-Level DAO platform – ELLCRYS
Current web service providers limit organization accounts to only support a single owner who is granted unlimited access to add and remove users and manage the account and all resources. We see this in services like Github, Stripe, Heroku and thousands more. This kind of account or organization structure cannot work for future decentralized organizations […] More
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in NewsCFTC event could boost ETH prices on Wednesday
The Commodity Futures Trading Commission (CFTC) is not the hero investors asked for, but it’s the one they got when Chairman J. Christopher Giancarlo testified before the Senate Banking Committee. Giancarlo struck a bullish tone on cryptocurrencies, saying that regulators should “do no harm” to private sector innovation. He presented himself and his colleague, SEC […] More
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in NewsLitecoin Is the Second-Most Popular Cryptocurrency on the Dark Web
Litecoin is the second-most popular cryptocurrency among vendors that operate on the Dark Web, according to recent research. Recorded Future analyzed 150 message boards, marketplaces and illicit services on the Dark Web and determined that 30 percent of these vendors currently accept Litecoin as an alternative payment system. Not far behind is Dash, another form of […] More
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in NewsRipple lands largest Middle East client in UAE Exchange
UAE Exchange has become the latest money transfer brand to join the RippleNet network to speed up the processing of remittance transfers across the Middle East and Asia. Headquartered in Abu Dhabi, UAE Exchange has more than 9,000 employees in over 40 countries, with particular emphasis on India where over 40% of its offices and […] More
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in NewsThe European Union does not intend to regulate Bitcoin
According to CCN, a high ranking European Union official has dismissed suggestions of the EU looking at regulating bitcoin markets and exchanges. In an interview with Bloomberg, Pierre Moscovici – European Union Commissioner for economic, financial affairs, taxation and customs, played down talk of supposed EU-wide bitcoin regulations while revealing the EU’s view of the cryptocurrency. […] More
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in News
Quebec wanted tech giants but got loads of bitcoin miners
David Vincent, business development director at electric utility Hydro Quebec, launched a campaign in 2016 to lure the likes of Facebook, Amazon and Microsoft to build their data centers in the Canadian province. But the outcome, as he believes, is that Quebec was fishing for tech giants but caught bitcoin miners. The sales pitch was […] More
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in News
The European Union does not intend to regulate Bitcoin
According to CCN, a high ranking European Union official has dismissed suggestions of the EU looking at regulating bitcoin markets and exchanges. In an interview with Bloomberg, Pierre Moscovici – European Union Commissioner for economic, financial affairs, taxation and customs, played down talk of supposed EU-wide bitcoin regulations while revealing the EU’s view of the cryptocurrency. […] More
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in News
Malaysia’s bank Negara lets public decide on future of cryptocurrency
KUALA LUMPUR, Malaysia – Bank Negara, the central bank of Malaysia will release a concept paper soon for public to decide on the fate of cryptocurrencies. It will not recognise nor ban cryptocurrencies. A concept paper on cryptocurrency will be finalised this month for public to decide on the future of such currency, says Bank […] More
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in News
Winklevoss twins propose self-regulatory body for cryptocurrency industry
As regulation of the cryptocurrency industry intensifies, a prominent bullish duo has proposed one way to disabuse critics of the notion that the nascent sector represents a Wild West of investing. Cameron and Tyler Winklevoss, who founded digital-currency exchange Gemini, are putting forward a framework for self-regulation of the virtual-currency sector called the Virtual Commodity […] More
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in News
PARKGENE’s Blockchain Technology to Revolutionize City Parking
PARKGENE is the world’s first parking service on the blockchain, revolutionizing space management and city traffic. Imagine always being certain you would find a parking spot. Now, this is possible- by harnessing the blockchain and tokenizing temporary parking space. PARKGENE aims to be the Airbnb for temporary parking spaces. Why not use your smartphone to locate […] More
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in News
JPMorgan and Citi will not immediately clear bitcoin trade
Big Banks, including JPMorgan Chase and Citigroup will not immediately clear bitcoin trades for clients once Global Markets and CME Group start trading futures contracts in the cryptocurrency next week, the Financial Times reported, citing people familiar with the matter. Goldman Sachs Group Inc said it is planning to clear bitcoin futures for some clients […] More
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in News
Charlie Lee is proposing a soft fork for Litecoin
In a recent post on twitter, Charlie Lee (creator of Litecoin) said that he is considering upgrading Litecoin with a soft fork. The fork will presumably permit miners to signal their minimum accepted fee in the block header. If the fork will happen, Litecoin will most probably become more popular to miners. At the time […] More
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