BITCOIN PRICE: 2,538.87     HIGH: 2,593.00     LOW: 2,468.13

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Money 20/20 Europe • June 26-28, 2017

European-focused event on Fin-tech, providing an overlook of the disruptive ways in which consumers and businesses manage, spend and borrow…

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Alexander Lielacher

About author: Alexander Lielacher

Alex is a former bond trader who now runs the personal finance blog SmartMoneySmartLiving.com with the aim to empower millennials to take control of their financial future and support them along their journey towards financial freedom. Away from personal finance, his interests lie in entrepreneurship, cryptocurrencies and engaging in humanitarian work.

Artist Envisions The Visual Representation Of A Bitcoin

Category: Bitcoin, Entertainment, News

Artist Envisions The Visual Representation Of A Bitcoin

Bitcoin is a digital currency, it does not operate under the rules that govern other currencies and therefore does not take a physical form. However, artist Matthias Dörfelt decided to create a project named Block Bills, as an artistic contribution to the blockchain technology space. Dörfelt unveiled his version of what a bitcoin would look like if it were to...

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SegWit Looks More Likely, Ether Flash Crash Raises Concerns of Moral Hazard: BTCManager’s Week in Review June 26

Category: News, News Digest

SegWit Looks More Likely, Ether Flash Crash Raises Concerns of Moral Hazard: BTCManager’s Week in Review June 26

It has been another interesting week for the crypto economy. SegWit2x Alpha, which aims to solve many of bitcoin’s scalability issues, is out and has so far received over 75 percent support from the bitcoin blockchain’s hashrate. While ether experienced a flash crash sending the cryptoasset to a low of $0.10 momentarily.  Only four days after the Alpha release SegWit2x...

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Blockchain Startup Colu Launches Digitized Local Pound for East London

Category: Bitcoin, Business, News, Tech

Blockchain Startup Colu Launches Digitized Local Pound for East London

Tel Aviv-based blockchain company Colu announced the launch of its second local digital currency in the United Kingdom, named the “Local Pound, East London” (ELP) a digital currency pegged against the British Pound. Colu believes that the key to supporting local businesses and creating an environment where sustainable and equitable economic growth is possible starts with people's ability to exchange...

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Over One Third of Startups in Second Cohort of FCA’s Fintech Sandbox Are Building Blockchain Solutions

Category: Blockchain, Business, News, Regulation

Over One Third of Startups in Second Cohort of FCA’s Fintech Sandbox Are Building Blockchain Solutions

The UK’s financial regulator, the Financial Conduct Authority (FCA), has announced the second cohort of its fintech sandbox on June 15. Out of the 24 startups joining this year’s cohort, nine are developing solutions using blockchain technology, which is a testament to the potential that the FCA sees for this new technology to play a major role in the financial...

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New Zealand Slow to Adopt Cryptocurrencies

Category: Altcoins, Bitcoin, News, Regulation

New Zealand Slow to Adopt Cryptocurrencies

Bitcoin reached a new all-time high in June when it inched close to the $3,000 mark after an impressive six-month rally that saw the cryptocurrency triple in value. Unsurprisingly, bitcoin has been all over the media in the past few months as global adoption and the demand is increasing. However, adoption rates are faster in some countries, such as Japan,...

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Regulations Are Making it Difficult for Cybersecurity Firms to Transact in Bitcoin

Category: Bitcoin, News, Regulation

Regulations Are Making it Difficult for Cybersecurity Firms to Transact in Bitcoin

Due to bitcoin’s pseudo-anonymous nature, which makes it difficult to link transactions to the individuals conducting them, bitcoin has become the new go-to ransom payment method in ransomware attacks. This development has led cybersecurity firms to buy and store bitcoin in case their clients decide to pay the ransom. However, regulations are making it increasingly difficult for cybersecurity specialists to...

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AIG, IBM, and Standard Chartered Collaborate on First Multinational Smart Contract Insurance Policy

Category: Blockchain, Business, News

AIG, IBM, and Standard Chartered Collaborate on First Multinational Smart Contract Insurance Policy

Insurance giant AIG, the commercial bank Standard Chartered, and IBM have announced the successful completion of the pilot of the first ever multinational smart contract insurance policy backed by blockchain technology. The solution was built by IBM and is based on the Hyperledger Fabric framework, which is one of the Hyperledger projects hosted by The Linux Foundation. The technology allowed...

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Blockchain Startup Everledger Partners with Singapore Diamond Exchange and Kynetix

Category: Blockchain, Business, News

Blockchain Startup Everledger Partners with Singapore Diamond Exchange and Kynetix

Everledger, the London-based startup that uses the blockchain to securely store data and provide provenance for high-value physical assets such as diamonds and artwork, has entered into a partnership with the Singapore Diamond Investment Exchange (SDiX) and physical commodity markets expert Kynetix. The Singapore Diamond Investment Exchange (SDiX) is the world’s first commodity exchange in physically settled diamonds. The exchange...

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Bitmain Draws Up Anti-USAF Plans: BTCManager’s Week in Review June 19

Category: News, News Digest

Bitmain Draws Up Anti-USAF Plans: BTCManager’s Week in Review June 19

The price of bitcoin took a dive during the week beginning June 12 from its all-time high at $2,997 to its June low at $2,212 after Chinese mining hardware producer Bitmain announced its “contingency plan” against the proposed BIP148 UASF (User-Activated Soft Fork) on August 1, which contains a new hard fork that has been coined UAHF (User-Activated Hard Fork)....

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MelonPort Releases Test Version of its Digital Asset Management Platform

Category: News

MelonPort Releases Test Version of its Digital Asset Management Platform

Switzerland-based blockchain startup Melonport has announced Version 0.1.0 of its digital asset management platform. The portal is built on the Ethereum blockchain and is now operating within the Kovan testnet. Melonport is developing a digital asset management protocol that allows users to create their own portfolios composed of digital assets. The startup is led by former Goldman Sachs banker Mona...

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