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

This conference will explore the use of formal methods, empirical analysis, and risk modeling to better understand security and systemic…

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About author: Rahul Nambiampurath

Rahul Nambiampurath is an India-based Digital Marketer who got attracted to Bitcoin and the blockchain in 2014. Ever since, he's been an active member of the community. Other than that he is a die hard gamer. This gadget freak is well renowned in his circle for binge-watching Game of Thrones.

France to Take Steps Towards Regulating the Cryptocurrency Market

Category: Bitcoin, Blockchain, Commentary, News, Regulation

France to Take Steps Towards Regulating the Cryptocurrency Market

France is the latest country seeking to combat reports of money laundering and tax evasion in the cryptocurrency industry. The country’s finance minister Bruno Le Maire has expressed his desire for new guidelines and a regulatory framework surrounding the digital currency ecosystem.  Cryptocurrency Gains Momentum According to Le Maire, bitcoin and other cryptocurrencies have resulted in an alarming amount use…

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Dallas Mavericks Will Soon Accept Bitcoin and Ethereum for NBA Tickets

Category: Bitcoin, Business, Commentary, Entertainment, Ethereum, News

Dallas Mavericks Will Soon Accept Bitcoin and Ethereum for NBA Tickets

Owner of the Dallas Mavericks Team, Mark Cuban, has announced the team’s adoption of Ethereum and bitcoin as payment methods for NBA tickets next season. Dallas and Sacramento The news first came in the form of a tweet on January 16, 2018, when a fan asked whether the ability to use cryptocurrency for ticket purchases was coming soon. Later, Cuban…

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Malaysian Tax authority Freeze bank account of Cryptocurrency Exchange Luno

Category: Bitcoin, Finance, News, Regulation

Malaysian Tax authority Freeze bank account of Cryptocurrency Exchange Luno

On January 12, 2018, the London-based cryptocurrency exchange Luno released a statement acknowledging that local authorities have frozen its bank account in Malaysia. Tax Troubles Users across the country have been unable to complete deposits or withdrawals at Luno since at least mid-December 2017. Now, according to a post made by the company, the Malaysian Inland Revenue Board (IRB) was…

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Bitcoin Miners Have Already Mined 80 Percent of the Total Supply Cap

Category: Bitcoin, Commentary, Mining, News

Bitcoin Miners Have Already Mined 80 Percent of the Total Supply Cap

Barely a couple of weeks after bitcoin entered the ninth year of its existence, it passed yet another significant milestone on January 13, 2018, when the number of all coins mined reached 16.8 million. Of the total 21 million bitcoins expected to be extracted in total, 80 percent have thus far been mined. The remaining 4.2 million bitcoin will continue…

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Goldman Sachs Report Explores use of Bitcoin as Currency

Category: Bitcoin, Commentary, Finance, News

Goldman Sachs Report Explores use of Bitcoin as Currency

On January 10, 2018, analysts from Goldman Sachs Group, the Fortune 500 investment company, published a nine-page lengthy report titled “Bitcoin as Money.” Taking Crypto Seriously The report was the firm’s first exploration of bitcoin’s possible use as a currency and was written primarily by analysts Zach Pandl and Charles Himmelberg for the clients of the company. In the report,…

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Swiss Government Introduces Blockchain Task Force to Regulate Startups and ICOs

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

Swiss Government Introduces Blockchain Task Force to Regulate Startups and ICOs

The government of Switzerland is reportedly working towards laying down regulations for the blockchain and Initial Coin Offering (ICO) industry. Spearheading the movement is Taskforce Blockchain, a group led by the country’s Finance and Economic and Education ministers, Ueli Maurer and Johann Schneider-Ammann. The team also includes federal, local legal representatives and key members of the Swiss blockchain startup ecosystem….

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Hyundai Merchant Marine and Samsung SDS Announce Success of Blockchain-Based Pilot Program

Category: Blockchain, Business, Commentary, News, Tech

Hyundai Merchant Marine and Samsung SDS Announce Success of Blockchain-Based Pilot Program

Hyundai Merchant Marine, one of the largest shipping exporters in the Asian Pacific, has reportedly completed a successful test run of its blockchain-based pilot program. Making Waves with Blockchain The news came through a press statement released on December 21, 2017, by Samsung SDS, the company that helped implement the system. Hyundai Merchant Marine first adopted the technology as part…

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A Closer Look at various Bitcoin Miners and Profitability in 2018

Category: Bitcoin, Mining, News

A Closer Look at various Bitcoin Miners and Profitability in 2018

Since the release of bitcoin in 2009, the amount of hashing power available throughout the bitcoin network has grown exponentially. As a result, the process of mining has evolved to the extent that consumer grade hardware found in most computers these days is no longer sufficient to turn a profit. When bitcoin first launched, the network difficulty was so low…

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Indian Think Tank looks to Launch Blockchain-based Pilot Projects

Category: Blockchain, Business, News, Tech

Indian Think Tank looks to Launch Blockchain-based Pilot Projects

An Indian news publication, Economic Times, reported on January 4, 2018, that the government’s policymaking subsidiary is actively looking into the applications of blockchain technology in the areas of education and agriculture. The body of the government currently exploring the technology is Niti Aayog, also known as the National Institution for Transforming India and the policy think tank for the…

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Microsoft Goes Back and Forth on Bitcoin

Category: Bitcoin, Business, Commentary, News

Microsoft Goes Back and Forth on Bitcoin

According to multiple reports on the internet, Microsoft has quietly taken down the option that enabled purchases on its online store to be made using bitcoin. According to discussion threads on several cryptocurrency forums, it seems that the move was first publicly noticed around the start of January 2018 without any official statement from the company. Bitcoin Support When contacted,…

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