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Blockchain Cruise Asia • January 15-19, 2018

CoinsBank took its maiden voyage when it held the first ever CoinsBank Blockchain Cruise aboard the Anthem of the Seas,…

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Overstock-Coinbase Bitcoin Mix-Up Leads to Huge Discounts

Category: Bitcoin, Business, Commentary, News

Overstock-Coinbase Bitcoin Mix-Up Leads to Huge Discounts

Overstock unwittingly processed bitcoin cash as having an identical value to bitcoin, effectively allowing customers of the e-commerce giant up to an 85 percent discount on cryptocurrency purchases. Massive Savings As tested by expert security investor Brian Krebs, the glitch allowed customers to use bitcoin and bitcoin cash interchangeably, profiting the difference between the two when paying in bitcoin cash….

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UW System School infected with Bitcoin Mining Scripts

Category: Altcoins, Bitcoin, Mining, News, Tech

UW System School infected with Bitcoin Mining Scripts

The University of Wisconsin System discovered three of its servers mining Bitcoin. The UW Madison news section reported, illegal crypto miners exploited three servers at UW-Madison, UW-Stout, and UW-Superior by installing Bitcoin mining malware via the Oracle WebLogic software vulnerability. The UW System schools infected server were put offline to establish a safe and secure environment. Hunting Miners Hunting Crypto…

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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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Back of the Envelope Calculation Values Bitcoin at $29,000

Category: Bitcoin, Commentary, Finance, News

Back of the Envelope Calculation Values Bitcoin at $29,000

A recent back of the envelope calculation ended up valuing bitcoin at $ 29,000. Initially, the computation model calculated a ballpark figure of the virtual currency at $16,000. A more comprehensive approach supplied the $29,000 estimate. A back of the envelope prediction is an informal calculation that uses estimates to attain a figure. It is better than guessing but less…

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Madeline Eden Determined To Revolutionize The US Electoral System Via Blockchain Technology

Category: Blockchain, Commentary, News, Regulation, Tech

Madeline Eden Determined To Revolutionize The US Electoral System Via Blockchain Technology

One of the many uses of Blockchain technology is in the area of record keeping and secure data storage. Madeline Eden, a Bitcoin advocate, Blockchain developer and politician currently running for Congress, is looking to clean up the United States electoral systems through the distributed ledger technology. The Need For Blockchain Madeline Eden, a seasoned developer, and politician, has a…

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Vladimir Putin: It is Imperative to Regulate Bitcoin and Other Cryptocurrencies

Category: Altcoins, Bitcoin, Commentary, News, Regulation

Vladimir Putin: It is Imperative to Regulate Bitcoin and Other Cryptocurrencies

Russian President Vladimir Putin has declared his intentions to enact laws that will comprehensively regulate the cryptocurrency markets very soon. Crypto Legislation on the Cards The no-nonsense Russian president Vladimir Putin has made it clear that his regime is not ready for half-baked crypto regulations going forward. Putin is of the opinion that the complete management of the Bitcoin and…

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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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Pineapple Fund Promises $4 Million To Study Aimed At Finding Health Benefits Of MDMA

Category: Bitcoin, Commentary, Finance, News

Pineapple Fund Promises $4 Million To Study Aimed At Finding Health Benefits Of MDMA

The still-young but famed Pineapple Fund has once again come into the limelight after promising a new round of funding for the US-based Multidisciplinary Association for Psychedelic Studies (MAPS). The money raised via this new initiative will go to a research project analyzing the health benefits of MDMA. Medical Progress Pineapple Fund has pledged to match any new donation dollar-for-dollar…

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Press releases:

Meet The Decentralized Fundraising Platform DAOx Project

DEX Algorithm and Ethereum Powers Public Diamond Exchange

Estonian Enterprises will use the Ethereum Blockchain-based TIME token

Consulting Marketplace is Linking the Economies of Europe and Asia

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