Category: Altcoins, Bitcoin, Exchange, Finance, News, Regulation
Japanese cryptocurrency exchange Coincheck is facing hurdles as it looks to recover from the colossal $550 million cryptocurrency theft in January 2018. This time, the culprit is the lack of liquidity and positive sentiment in the digital asset market, reported Nikkei Asia Review on December 12, 2018. Businesses Take a Hit with Falling Prices Bitcoin prices continue to fall since…
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Category: Altcoins, Blockchain, Business, News, Platform, Tech
Despite red water market conditions, Blockstack announced on December 13, 2018, that they had “unlocked” $25 million in resources to continue their blockchain development. In a company blog post, co-founder Muneeb Ali described the necessity of an advisory board, reviewed the firm’s milestones, and explained how the newly released funds would be put to use. Building a Fully Decentralized Internet…
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Category: Adoption, Blockchain, Business, News
The Chinese port of Shenzhen is progressing with blockchain initiatives in a major way. After setting up a virtual blockchain exchange and blockchain-based city and port management systems, the municipality looks towards solving the problem of invoicing and customer claims using the technology, reported local publication Economic Daily on December 13, 2018. WeChat Powers Administrative Move Partnering with Chinese technology…
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Category: Altcoins, Bitcoin, Blockchain, Ethereum, Finance, News, Platform, Tech
Boerse Stuttgart, Germany’s second largest stock exchange, has reportedly partnered with fintech startup SolarisBank to develop a cryptocurrency exchange. In a press release issued December 12, 2018, SolarisBank said that the cryptocurrency trading platform is scheduled to release sometime in the first half of 2019. While the platform will initially only support ‘established’ cryptocurrencies such as Bitcoin and Ethereum, the…
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Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech
According to an article by Computer World, published on December 13, 2018, Australia ranks sixth globally regarding blockchain technology related patents. The report posits that China is leading the patents race with 1520 patent families filed till date. The Asian economy is followed by the U.S., which has 773 deposited patents to its credit. Australians Catching up on the Blockchain…
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Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech
Popular cryptocurrency exchange Coinbase recently donated $10,000 in ZCash (ZEC) to support the GiveCrypto.org project located in Santa Elena de Uairen by the Venezuelan border. According to Coinbase’s Medium blog post published on December 11, 2018, the digital exchange believes that donating cryptocurrencies will provide Venezuelan families many benefits which include cross-border accessibility, ease of payments, and access to real-time…
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Category: Altcoins, Blockchain, Business, Crime, News, Platform, Tech
The news outlet Observer reported on December 12, 2018, that Bail Bloc would be directing their Monero mining contributions to bail migrants out in ICE detention facilities. The “cryptocurrency scheme against bail” is partnering with the Immigrant Bail Fund to help the roughly 44,000 detainees finance their indemnity. ICE and the Ethics of Bail Following the massive influx of economic…
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Category: Altcoins, Blockchain, Ethereum, Exchange, News, Regulation
A blog post published by the University of Oxford Faculty of Law has suggested that victims of a cryptocurrency theft and fraud could potentially recover their funds through legal proceedings in the future. The report cited a Canadian judge’s ruling from September 2018, in which a Singapore-based company Copytrack was authorized to recover 530 ETH mistakenly sent to an investor….
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Category: Adoption, Blockchain, Business, Development, News, Regulation
Distributed ledger technology (DLT) heavyweights IBM is reportedly working with Indian telecommunications firms to help them create blockchain solutions aimed at enhancing “mobile number portability” and “Do Not Call” registries, according to an Economic Times report on December 12, 2018. IBM Creating DLT Solution for India’s Telecoms Per sources close to the matter, IBM is collaborating with Indian telecommunications companies…
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Category: Altcoins, Blockchain, Commentary, Development, Ethereum, News
Ethereum co-founder Vitalik Buterin lanced a “tweet storm” on December 10, 2018, and briefly noted the non-financial applications of blockchain technology, such as academic degree verification and determining the “integrity of processes.” Alternative Use Cases The extended bear market in 2018 has given cryptocurrency critics and believers alike a chance to assess the far-reaching implications of digital tokens and blockchain…
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