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Bitcoin Bulls Take Charge as BTC Moves Back towards $7,000 Mark: Week in Review Sep 24

by Alexander Lielacher at Altcoins, Bitcoin, Business, Finance, News, News Digest, Regulation

The price of bitcoin remained firm over the course of the past week, gaining three percent helping BTC move back up towards the $7,000 mark. Once again, cryptocurrency regulations were a big topic in several jurisdictions, including the U.S., the UK, and India, last week. There was also much talk about the highly-anticipated Bitcoin ETF. The SEC decided once again…

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IBS Moscow • September 22-25, 2018

International Blockchain Summit Moscow – large event in Russia dedicated to all the aspects of blockchain implementation: learn about the…

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Cryptocurrency Exchange Gemini Eyes Move to United Kingdom

Category: Bitcoin, Business, Exchange, News, Tech

Cryptocurrency Exchange Gemini Eyes Move to United Kingdom

Tyler and Cameron Winklevoss are considering moving their New York-based cryptocurrency exchange Gemini to the U.K, reported Forbes on September 24, 2018.  Winklevoss Crypto Push While Bitcoin and the outlying constellation of cryptocurrencies have experienced a turbulent 2018, the Winklevoss twins, of Facebook fame, are maintaining a positive outlook on the future of cryptocurrencies. Their belief in crypto led them to…

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“Stay Away from Bitcoin Investments Using PM’s Name,” Says Singapore Government

Category: Bitcoin, Crime, Finance, News, Regulation

“Stay Away from Bitcoin Investments Using PM’s Name,” Says Singapore Government

The government of Singapore has warned investors to be wary of bitcoin investments purporting to be backed or supported by Singaporean Prime Minister Lee Hsien Loong, Bloomberg reported on September 24, 2018. Singapore Issues Warning The island state’s premier has been forced to issue a statement dissociating himself from the supposed investments after a rash of incidents involving crypto investment schemes…

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Iceland’s Bitcoin Mining Industry Losing Allure, Interest Now Shifting to Core Blockchain Technology

Category: Blockchain, Investment, Mining, News, Tech

Iceland’s Bitcoin Mining Industry Losing Allure, Interest Now Shifting to Core Blockchain Technology

Iceland has been a hotbed for bitcoin and other cryptocurrency miners due to its very cold climate and the availability of cheap power supply. However, 2018 has seen a shift of interest from bitcoin mining to core blockchain ventures in the country, partly due to the slump in the price of bitcoin, reported  Red Herring on September 23, 2018. Move over…

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Cutting through the Hype: Is Facebook really at Risk of Being Toppled by Blockchain Technology?

Category: Blockchain, Business, Commentary, Cryptocyclopedia, Ethereum, Platform

Cutting through the Hype: Is Facebook really at Risk of Being Toppled by Blockchain Technology?

In the past ten years, Facebook has grown from a mere social media platform to one of the biggest internet companies the world has ever seen. With its recent acquisitions of Instagram and WhatsApp, it has comfortably positioned itself in the minds of over two billion people. The company is also a significant player in the advertising and virtual reality…

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Fake Honey Scandal Shows Blockchain’s Value in Food Tracking

Category: Adoption, Blockchain, Business, Crime, Regulation

Fake Honey Scandal Shows Blockchain’s Value in Food Tracking

Australia is grappling with a fake honey scandal. A number of companies claiming to be selling pure honey have allegedly been mixing in other types of sweeteners such as corn syrup. In a report released by Australian media houses Fairfax and ABC media, 28 honey brands were tested by a German lab. Bremen-based Quality Services International (QSI) was tasked by…

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NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Category: Bitcoin, Business, Finance, Investment, Mining, News

NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Bitcoin mining company AntPool, owned by Bitmain, one of the largest manufacturers of mining rigs in the world, landed a sponsorship deal with professional U.S. basketball team the Houston Rockets, The South China Morning Post reported on September 24, 2018. Bitmain Sponsors NBA’s Houston Rockets Bitmain Technologies, the world’s biggest supplier of cryptocurrency mining equipment, is looking to help push…

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How Silent Technology Is Realizing the Goal of Clean Energy with Methanol

Category: Altcoins, Ethereum, ICO News, Investment

How Silent Technology Is Realizing the Goal of Clean Energy with Methanol

Climate change due to out-of-control carbon dioxide emissions has been a tangible threat for several years now. A study by the International Energy Agency in 2018 showed that CO2 levels around the world had increased by roughly 1.5 percent in the past year. Furthermore, with the United States backing out of the United Nations Paris Agreement earlier this year, the…

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Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

Category: Altcoins, Business, Ethereum, Finance, Investment, News

Crypto Fund a16z Buys Up $15 Million Worth of MakerDAO’s MKR Stablecoins

Andreessen Horowitz’s specialized cryptocurrency and blockchain fund a16z crypto has purchased six percent of MakerDAO’s total MKR token supply for $15 million, the company announced in a September 24 press release. First Stablecoin Investment Investment fund a16z crypto has purchased six percent of the total MKR token supply for $15 million, marking the investment’s fund first encounter with cryptocurrencies. The…

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Brave Browser to Verify Publishers Using Civic’s Blockchain-Powered Platform

Category: Altcoins, Blockchain, Business, Ethereum, News, Platform

Brave Browser to Verify Publishers Using Civic’s Blockchain-Powered Platform

Crytpo-fueled web browser Brave and the DLT-powered digital identity platform, Civic, have decided to work in unison to bring the latter’s KYC services to publishers on the BAT-funded web browser. Per a September 21, 2018, dated announcement during the Consumer Identity World in Seattle, verified publishers on the Brave platform will now have the option to use Civic’s KYC and…

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Crypto-friendly Dubai Launch Blockchain-Powered Payments Processing and Settlement System

Category: Adoption, Blockchain, Business, Finance, News, Regulation

Crypto-friendly Dubai Launch Blockchain-Powered Payments Processing and Settlement System

Smart Dubai Office in collaboration with the Dubai Department of Finance have created a distributed ledger technology (DLT) based payments processing, settlements, and reconciliation platform aimed at upgrading the financial system to enable real-time, cost-efficient, and frictionless payments processing, reported Thomson Reuters Zawya on September 23, 2018. Dubai Adopts Blockchain Technology Smart Dubai Office, the technology arm of Smart Dubai…

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Press releases:

IX Announces to Launch, The World’s First Exchange with BTC as Platform Token!

Global Enterprises and Blockchain Leaders Unite at the First Blockchain and Loyalty Rewards Conference in the World

Introducing Top eToro Popular Investor Jay Smith

SIGEF2018 Proceedings

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