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Enterprise Ethereum Alliance Hires New Executive Director

by Priyeshu Garg at Blockchain, Commentary, Ethereum, News

Ron Reznick has been appointed as the first executive director for the Enterprise Ethereum Alliance (EEA). His previous post was at the helm of AirFuel Alliance as chairman and president. Enterprise Ambitions One of the EEA’s goals is to develop Ethereum-based enterprise and technological solutions. Around 200 other companies will join the group’s Supply Chain Working Group to generate proof…

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Blockchain Protocol Analysis and Security Engineering 2018 • January 24-26, 2018

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Chip Manufacturers Set To Grow On The Back Of Crypto Mining

Category: Bitcoin, Business, Commentary, Mining, News, Tech

Chip Manufacturers Set To Grow On The Back Of Crypto Mining

“The [cryptocurrency] mining impact on TSMC is now akin to that of a popular new iPhone.” So says Mark Li as quoted by Bloomberg, a market analyst under Sanford C. Bernstein & Co. “The difference is that each new iPhone requires a huge amount of innovation and marketing. The Bitcoin contribution is automatic.” iPhones to Bitcoin Mining The Taiwan Semiconductor…

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Skeptical Approach Being Taken By Veterans Affairs to Blockchain

Category: Blockchain, Commentary, News, Tech

Skeptical Approach Being Taken By Veterans Affairs to Blockchain

While there has been a lot of buzz surrounding blockchain technology in recent times when it comes to the mainstream media and the general public, it is something that has been around for some years. Strengthening Security Standards The government has already implemented different aspects of the technology in a variety of departments. For example, the Office for the National…

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Blockchain Technology May Bring Change to the World of Finance, Says St. Louis Federal Reserve Bank

Category: Blockchain, Commentary, Finance, News

Blockchain Technology May Bring Change to the World of Finance, Says St. Louis Federal Reserve Bank

In a sixteen-page report entitled “A Short Introduction to the World of Cryptocurrencies,” Aleksander Berentsen and Fabian Schär of the St. Louis Federal Reserve Bank discuss the history, applications, risks and future of cryptocurrency and its underlying technologies. Staying Power and Fiat Comparisons Berentsen and Schär are among the few bank-affiliated finance experts who publicly endorse cryptocurrency, praising it for…

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Goldman Sachs FX Trader Leaves to Join Crypto Broker

Category: Bitcoin, Commentary, Finance, News

Goldman Sachs FX Trader Leaves to Join Crypto Broker

In a sign that crypto is becoming more mainstream, as well as having long-term potential, an executive director from the esteemed financial behemoth Goldman Sachs has decided to leave the firm to get on board with a UK-based cryptocurrency broker. From Nefarious to Legitimate Phillip Gillespie was with Goldman since 2015, and his new position will be as the chief…

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Romanian Websites Use CoinHive Scripts to Illegally Mine Monero

Category: Altcoins, Mining, News, Tech

Romanian Websites Use CoinHive Scripts to Illegally Mine Monero

According to the Romanian National Computer Security Incident Response Team (CERT-RO), about 150 Romain domains run the cryptojacking malware CoinHive Script. CoinHive is known to have affected millions of computers around the world to mine the privacy-centric cryptocurrency Monero. Cryptojacking: Critical Global Issue CoinHive is a tool which hijacks computers and mines cryptocurrency without the knowledge or consent of the…

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Singapore Monetary Authority Places Premium on Blockchain Technology

Category: Bitcoin, Blockchain, Business, Commentary, News, Regulation

Singapore Monetary Authority Places Premium on Blockchain Technology

The head of the Monetary Authority of Singapore, Ravi Menon, recently expressed concern that general volatility and slumps in cryptocurrency values might potentially undermine the blockchain technology platforms that support them. Blockchain or Bitcoin In doing so, Menon’s comments also emerged as somewhat indicative of the majority of the world’s central banks’ take on the cryptocurrency phenomenon. January 18, 2018,…

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Bitcoin, Ethereum and Other Cryptocurrencies Gain Momentum after Wednesday’s Debacle

Category: Altcoins, Bitcoin, Commentary, Ethereum, Finance, News, Regulation

Bitcoin, Ethereum and Other Cryptocurrencies Gain Momentum after Wednesday’s Debacle

Despite all the fear-mongering about its imminent “death” over the past few days due to a sharp decline in value, bitcoin has regained some of its lost momentum Wednesday onward. Crawling Back to Saftey However, judging by the movement in the crypto market, it looks like things are slowly improving. And it’s not just bitcoin alone, other top cryptocurrencies including…

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The Ledger Crypto Hardware Wallet Just Raised $75 Million

Category: Altcoins, Bitcoin, Business, Finance, News, Tech

The Ledger Crypto Hardware Wallet Just Raised $75 Million

It has been announced that following their Series B round of fundraising, Ledger has managed to earn an additional $75 million. This comes after they raised $7 million in 2017 during their initial round, with the hype surrounding the world of crypto of late having no doubt increased the confidence of investors who saw this as an ideal opportunity to…

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Fitness App Offers Cryptocurrency Rewards

Category: Altcoins, Business, News

Fitness App Offers Cryptocurrency Rewards

The Sweatcoin app counts users’ steps through their smartphone and then rewards them with its own cryptocurrency: the Sweatcoin. As of January 18, 2018, it is currently No. 5 out of the App Store’s free apps, only behind the new Google Arts & Culture app, Netflix, Instagram and YouTube. Fitness Ecosystem Sweatcoin has 2 million active weekly users and gained…

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