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Loyalty Live: Blockchain & Loyalty Rewards Conference • October 16-18, 2018

Loyalty Live is the first conference in the world focused on bridging the gap between loyalty rewards and blockchain technology.…

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About author: Priyeshu Garg

Priyeshu is a software engineer who is passionate about machine learning and blockchain technology. He holds an engineering degree in Computer Science Engineering and is a passionate economist. He built his first digital marketing startup when he was a teenager, and worked with multiple Fortune 500 companies along with smaller firms. When he is not solving the transportation problems at his company, he can be found writing about the blockchain or hacking at a Hackathon.

Cryptocurrency Theft Hits Nearly $1 Billion in First Nine Months

Category: Bitcoin, Crime, Exchange, Finance, News

Cryptocurrency Theft Hits Nearly $1 Billion in First Nine Months

Theft of cryptocurrencies through the hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year. Reuters reported on October 10, 2018, that this figure is up nearly 250 percent from the level seen in 2017, according to a report from U.S.-based cybersecurity firm CipherTrace. Main Report Highlights According to the CipherTrace report…

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GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

Category: Altcoins, Blockchain, Finance, News, Platform, Tech

GMO Internet Set to Launch Yen-Backed Stablecoin “GMO Japanese Yen” in 2019

Japanese IT giant, GMO Internet has made its entry into the stablecoin space, with plans to launch a yen-pegged cryptocurrency in 2019. In an announcement on October 9, 2018, the company said that it would begin full-scale preparation to issue the stablecoin – GMO Japanese Yen (GJY) –  as it prepares for a move into the blockchain remittance and settlement…

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Forbes Announces Partnership with Civil to Publish Content on a Blockchain

Category: Altcoins, Blockchain, Business, News

Forbes Announces Partnership with Civil to Publish Content on a Blockchain

Business media giant Forbes has partnered with Civil, a blockchain-based firm, with the intention of using a decentralized network to publish content, the company’s co-founder Matt Coolidge announced in a press release on October 9, 2018. Forbes Becomes the First Major News Organization That Embraced Civil Civil, an Ethereum-based platform that promises a comprehensive solution to create a decentralized marketplace…

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Maker Becomes Most Valuable Token as Nearly 1% of all ETH Is Locked in Dai

Category: Altcoins, Development, Ethereum, Finance, News

Maker Becomes Most Valuable Token as Nearly 1% of all ETH Is Locked in Dai

With a market cap of above half a billion dollars, Maker is now the most valuable Ethereum token after overtaking OmiseGo. Most of Maker’s success is attributed to its Dai stablecoin, which now has almost one percent of all ETH locked in as of October 8, 2018. Maker Sees a 20 Percent Increase in Less Than a Month Rising another…

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Australia Trials Blockchain Platform for National Disability Insurance Scheme

Category: Bitcoin, Blockchain, Finance, News, Platform, Tech

Australia Trials Blockchain Platform for National Disability Insurance Scheme

Australia is currently in the process of exploring the potential for blockchain technology to create ’smart money’ to be used in its National Disability Insurance Scheme (NDIS), its federal government revealed in an October 9, 2018, press release. ‘Smart Money’ Trial Explores the Potential for Blockchain CSIRO’s Data61 and the Commonwealth Bank (CBA) have developed an app as part of a…

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UAE Commodities Authority Approves ICOs in a Bid to Revamp Capital Markets

Category: Altcoins, ICO News, News, Regulation

UAE Commodities Authority Approves ICOs in a Bid to Revamp Capital Markets

The United Arab Emirates (UAE) is joining the league of countries that have embraced Initial Coin Offerings (ICOs) as a way of raising capital according to a report by Reuters on October 8, 2018. The planned listing of ICOs in 2019 comes after the Emirates Securities & Commodities Authority categorized ICOs as securities. Strong Regulatory Framework Government-backed regulations will guide…

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UK’s Coinfloor Bitcoin Exchange to Slash Most of its Employees

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

UK’s Coinfloor Bitcoin Exchange to Slash Most of its Employees

The UK’s oldest bitcoin exchange Coinfloor is about to slash its staff numbers in a blow to bitcoin as well as London’s blooming cryptocurrency industry, Financial News reported on October 8, 2018. A Setback for the U.K.’s Fintech Industry Coinfloor, the U.K.’s oldest bitcoin exchange established in 2013, is in the process of slashing most of its approximately 40 employees….

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Ripple Co-founder Chris Larsen Becomes 383rd Richest Person in the World on Forbes Ranking

Category: Altcoins, Blockchain, Business, Investment, News, Regulation

Ripple Co-founder Chris Larsen Becomes 383rd Richest Person in the World on Forbes Ranking

Ripple co-founder Chris Larsen has made a crypto milestone as the first ever billionaire with a fortune gathered exclusively from cryptocurrency-related activity to enter the Forbes 400 list. According to an October 4, 2018 report in Business Insider, Larsen was ranked by Forbes at number 383 on the list with a total net worth just north of $2 billion. Breaking…

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Introducing the Future of Donations on Blockchain: Heritage

Category: News

Introducing the Future of Donations on Blockchain: Heritage

Developed by the Airbus Foundation, Heritage is a decentralized framework to help the Foundation receive and manage donations for itself and some other charitable organizations it works with using the Ethereum blockchain. Since March 2013 when the open source blockchain project commenced at Airbus’ Silicon Valley outpost A3, it has sought to utilize Ethereum in assisting the Foundation’s disaster relief…

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U.S. Justice Department Accuses Russia of Funding Cyberattacks With Bitcoin

Category: Bitcoin, Blockchain, Crime, Finance, News, Tech

U.S. Justice Department Accuses Russia of Funding Cyberattacks With Bitcoin

A Justice Department indictment against seven Russian military officers filed in July 2018 contains new allegations that  Russia used bitcoin to fund its cyber attacks, MarketWatch reported on October 4. Russians Meddled with the 2016 Presidential Election The Justice Department indictment against seven Russian military officers for a series of alleged cyber attacks contained another allegation that Russia turned to…

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